The Other FTX Case
Most of the charges facing SBF this week won’t ever be relevant to most crypto companies. But charges the government cannot pursue today could be, say Andrew C. Adams and Kane Smith, at Steptoe & Johnson LLP.
Related Posts
Libra Association Hires Former HSBC CEO
Sep 17, 2020 at 10:56 UTCUpdated Sep 17, 2020 at 11:04 UTCJames Emmett, MD at Libra Networks (courtesy Libra Association)The Libra Association, the organisation developing the Facebook-led cryptocurrency payments project, has hired a banking heavyweight to help drive the initiative forward. The Geneva, Switzerland-based organisation announced Thursday that former HSBC executive James Emmett will take…
FTX Raises ‘TRUMP’ Futures Margins as Price Suggests Lower Expectations of Election Win
Oct 30, 2020 at 11:11 UTC(Evan El-Amin/Shutterstock)FTX Raises ‘TRUMP’ Futures Margins as Price Suggests Lower Expectations of Election WinCryptocurrency derivatives exchange FTX is increasing the margin requirements on its TRUMP and other President 2020 futures contracts.Announced Friday, the exchange said it is upping the initial margin requirement to $0.50, meaning traders must put up that…
Texas Financial Regulators Crack Down on 15 Alleged Crypto Scams
Nov 19, 2020 at 10:18 p.m. UTCTexas Financial Regulators Crack Down on 15 Alleged Crypto ScamsTexas regulators are going after a host of crypto firms they allege to be investment scams, 10 of which they say are are controlled by a single Texas man.The Texas State Securities Board on Thursday ordered 15 firms to cease…
Crypto Custodian Anchorage Teases Growth Plan With 2 Executive Hires
May 21, 2020 at 17:15 UTCUpdated May 21, 2020 at 18:04 UTCAnchorage CEO Nathan McCauley (Credit: CoinDesk archives)Anchorage now has six executives in its C-suite, hiring a head of finance and head of sales with experience in both tech and Wall Street. Julie Veltman, who’s joining the crypto custodian as head of finance, has issued…
Does Howard Lutnick Know ‘the Truth’ About Tether?
Fresh in from the World Economic Forum, in Davos, Switzerland: Howard Lutnick, chairman and CEO of Cantor Fitzgerald, has reiterated claims that Tether has the money the stablecoin issuer claims to have. Cantor has been a Tether custodian since late 2021, and as such has been able to examine portions of the stablecoin issuer's balance
Jihan Wu
Jihan Wu is the co-founder of Bitmain, a multinational semiconductor company that is a major manufacturer of application-specific integrated circuit (ASIC) chips used to mine bitcoin and a variety of other cryptocurrencies. Through Bitmain, Wu oversees mining pools ConnectBTC, and the two historically largest bitcoin mining pools by computing power, BTC.com and AntPool. Additionally, Wu…
Crypto Trading 101: The Moving Average Convergence Divergence
Simple trading methods like the trend-following approach work best when trading cryptocurrencies or financial markets in general. While several technical indicators help identify changes in the strength, momentum, and duration of a trend, none are simpler and more widely used than the Moving Average Convergence Divergence (MACD). By definition, the MACD "turns two trend-following indicators,…
A Simple Explanation of DeFi and Yield Farming Using Actual Human Words
Jul 22, 2020 at 19:10 UTC(studiostoks/Shutterstock)A Simple Explanation of DeFi and Yield Farming Using Actual Human WordsA primer on DeFi and yield farming. We’ll also cover liquidity mining, automated market making plus the other terms shaping this brave new world. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple…