New York, U.S. | Xinhua | Multiple U.S. agencies have filed charges against Sam Bankman-Fried, founder and former chief executive officer of cryptocurrency derivatives exchange FTX, which went into bankruptcy in November 2022. The U.S. Securities and Exchange Commission (SEC) on Tuesday charged Bankman-Fried with defrauding investors and customers in crypto …
Read More »U.S. crypto investors call for more regulation as FTX fiasco dents confidence
New York, U.S. | Xinhua | The recent bankruptcy of heavyweight cryptocurrency derivatives exchange FTX slammed confidence in the nascent industry, with pressure mounting for more regulation in the crypto space, according to industry insiders. The fall of FTX means a setback for the industry for at least one cycle, which …
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