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Plus, a vanishing CEO and Wall Street builds its own crypto market
Singaporean state investor ‘disappointed’ with the investment in the failed cryptocurrency exchange
Lawsuit from bankrupt crypto hedge fund seeks to recoup FTX money allegedly spent on start-up Embed Financial
Financial education is increasingly being left to armies of social media pundits with no formal training
Lawyers argue crypto exchange founder was impermissibly charged with further crimes following extradition from Bahamas
Plus: Binance.US-Voyager deal fails and the shrinking stablecoin market
Collapsed crypto exchange needs a reworked business plan and rebranding
In the US, the Securities and Exchange Commission has rejected plans for a ‘spot’ ETF holding bitcoin directly
Head of $190bn pension plan wary of lightly regulated sector after member feedback
Plus, short sellers eye games group Embracer and bankers flock to the Middle East for IPOs
Prosecutors allege FTX founder made multimillion-dollar payment to help unfreeze accounts
Major lender was able to invest at a discounted rate before tokens were issued to public
Inquiry by bankrupt crypto exchange’s new management identifies $3.2bn in transfers to inner circle
Not including $240mn for “luxury property in the Bahamas” etc
There but for the grace of common sense go we
Shares plunge after lender whose fortunes tumbled since collapse of FTX announces liquidation
Lawsuit deals a further blow to investment company and its owner Digital Currency Group
The greatest hits
US prosecutors claim Sam Bankman-Fried sought to influence politicians with donations to campaigns
Co-founder apologises in letter to investors and says fund is no longer viable
Nishad Singh was a close associate of Sam Bankman-Fried, who founded the now-bankrupt crypto exchange
Prosecutors grilled over whether pre-trial confinement measures for FTX founder are tough enough
Two academics who worked at same university as FTX founder’s parents helped secure bond for his release
How Sam Bankman-Fried and his band of millennial millionaires lost a $40bn crypto empire
US retail broker in talks with Department of Justice over contested shares worth $575mn
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