Tag: cryptocurrency

Bankman-Fried Loses Bid for Documents From Former FTX Law Firm

Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, exits the Manhattan federal court in New York on Feb. 16, 2023. (Eduardo Munoz/Reuters) NEW YORK—A U.S. judge on Friday denied Sam Bankman-Fried’s push to get a law firm that advised his now-bankrupt FTX cryptocurrency exchange to hand over documents he says ...

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International Securities Watchdog Proposes First Set of Rules for Crypto Sector

The International Organization of Securities Commissions (IOSCO) has released its recommendations for the first global approach to regulating cryptocurrency-based assets and digital markets. The IOSCO released a report (pdf) on May 23 that includes 18 policy recommendations that aim to incorporate established safeguards from mainstream markets to eliminate conflicts of interest between the different parts of a crypto transaction. The ...

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