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Plus, can bitcoin reinflate?
Disruptive behaviour by some should not be allowed to spoil the opportunity in digital ledger technology
Implosion of Sam Bankman-Fried’s FTX has sent shockwaves through industry
“I didn’t ever try to commit fraud on anyone”
Plus, Wall Street gets in on the day-trading game and Nestlé fesses up to some past M&A mistakes
Eurozone inflation falls more than expected to 10%
Crypto platform’s founder admits to ‘mistakes’ during turbulent month when his company collapsed
MEPs cast doubt on robustness of bloc’s incoming regulations as ECB officials criticise bitcoin’s legitimacy
The ECB takes no prisoners
Purchase comes as sector faces heightened scrutiny following collapse of FTX
Sam Bankman-Fried’s crypto group showered employees with perks before collapsing into bankruptcy
Six exchanges ordered to disclose customer details to help trace funds overseas
The two companies’ complicated relationship has exposed the crypto industry’s sheer interconnectedness
And DeFi vs CeFi, post FTX
Complaint against FTX founder comes as crypto company becomes latest to seek bankruptcy protection
There but for the grace of common sense go we
Group had at least 100,000 creditors and liabilities of up to $10bn
Republican senator Cynthia Lummis describes collapse of FTX as a wake-up call for Congress
Collapse of Sam Bankman-Fried’s company highlights risks in industry where accounting rules are only half-formed
Data from specialist police unit reflect growing problem costing victims hundreds of millions
Established exchanges believe fate of crypto disrupter has shown current model is robust
‘Revenge of the nerds’ screeches to a halt after collapse in value of digital currencies
Plus updates on crypto’s role in Ukraine
Stopping a hyped-up project that promises to disrupt the status quo requires decisiveness and courage
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