State of Crypto


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FTX Liquidators in US, Bahamas Lock Horns in Jurisdictional Fight

U.S. and Bahamian liquidators continue to sling mud as they fight for jurisdiction over bankrupt crypto exchange FTX. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.

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Aperçu du plaidoyer de non-culpabilité du fondateur de FTX, Sam Bankman-Fried, devant le tribunal

Le troisième jour de 2023 pour le système judiciaire fédéral américain est la comparution en justice de Sam Bankman-Fried, qui aura lieu au 500 Pearl St. à Manhattan.

Fundador de FTX, Sam Bankman-Fried. (David Dee Delgado/Getty Images)

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What to Expect from Sam Bankman-Fried's Court Appearance

FTX founder Sam Bankman-Fried is expected to plead not guilty to eight different charges at his arraignment in New York, according to a report from the Wall Street Journal. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in on what to expect from today's court proceedings.

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FTX, Congrès, Stablecoins : ce que 2023 pourrait apporter à la réglementation des Crypto

L'équipe Juridique de CoinDesk prédit les problèmes et les sujets qui pourraient occuper le devant de la scène au cours des 12 prochains mois.

(Alexi Rosenfeld/WireImage/Getty Images)

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Bahamian Regulator Takes Custody Of $3.5 Billion in FTX Customer Assets

The Securities Commission of The Bahamas has taken custody of FTX deposits valued at more than $3.5 billion as of Nov. 12, according to a media release published late Thursday by the BSC. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in on the latest FTX development. Plus, his outlook for possible crypto regulation themes in 2023.

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Alameda Research Sold Ether-Based Token Holdings for Bitcoin Over Past 24 Hours: On-Chain Data

Millions of dollars worth of tokens held by Sam Bankman-Fried’s embattled trading unit Alameda Research were liquidated and ultimately exchanged for bitcoin Wednesday as the firm's founders face criminal charges related to the collapse of Alameda and FTX, according to onchain data cited by Arkham Intelligence. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De explains what we know so far.

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Mango Markets Exploiter Arrested in Puerto Rico on Fraud Charges

Avraham Eisenberg, the crypto investor who drained DeFi trading platform Mango Markets of crypto worth $110 million, was arrested Monday in Puerto Rico on charges of commodities fraud and commodities manipulation. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far.

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Crypto Miner Argo Blockchain Requests 24 Hour Trading Halt for US Shares

Argo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), said it requested a 24-hour suspension of U.S. trading. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the state of crypto mining in the wake of Core Scientific filing for bankruptcy last week. Plus, his state of regulation outlook for 2023.

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Why FTX Investors’ Loss Is Wall Street Lawyers’ Gain

Attorneys are charging upwards of $2,000 an hour and $12 million retainers as they attempt to restore funds to the million-odd creditors of crypto exchange FTX. CoinDesk Regulatory Reporter Jack Schickler shares his insights and why law firms may be one of a few winners in the collapse of Sam Bankman-Fried’s failed empire.

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QuadrigaCX a connu une semaine improbable

En février 2019, EY révélait avoir accidentellement envoyé plus de 100 Bitcoin (BTC) vers ce qu'elle décrivait comme les portefeuilles froids de Quadriga, auxquels elle n'avait pas accès. Et maintenant, ces cryptomonnaies sont en circulation.

Quadriga Fintech Solutions CEO and late founder Gerald William Cotten (Quadriga CX)