The criminal probe is said to be focused on Silvergate's dealings with the now-bankrupt FTX and Alameda Research, and its hosting of accounts tied to both companies.
February 6, 2023The US regulator is inquiring into how investment advisers assess third-party custodians used to hold clients' crypto assets.
February 2, 2023Gemini emphasised connections to the FDIC when customers asked if their assets were safe. Almost $1bn in customer assets have since been frozen on the platform.
February 1, 2023The DOJ asked for a communications ban against Bankman-Fried as an additional bail condition. Last week, a 116-page list of the FTX's creditors was filed to the bankruptcy court.
February 1, 2023Banque de France official says tokenisation increases operational risks, especially cyber risks, and needs to be regulated "as swiftly as possible".
January 26, 2023FTX's replacement CEO believes reviving the business could recover more value for customers than a liquidation of assets or sale of the platform.
January 25, 2023Genesis has more than 100,000 creditors who may be owed up to USD 10 billion. The biggest creditor is crypto exchange Gemini.
January 24, 2023Angela Ang looks back at digital asset developments in 2022 in Singapore, and ahead to what to expect in 2023.
January 18, 2023A consultation on retail trading will begin sometime in Q1. The SFC plans to start accepting applications for VASP licences in mid 2024.
January 12, 2023The bank faced $8bn in withdrawals, forcing it to sell $5.2bn in debt securities at a $718mn loss. Its stock has fallen 95% since Nov 2021.
January 11, 2023