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FTX collapse a wake-up call on crypto policy - Vimarsana News

FTX collapse a wake-up call on crypto policy

India should frame rules and also lead efforts to design global standards for the regulation of such tokens

US Lawmakers Call Crypto Executive To Testify In FTX Collapse Hearing - Vimarsana News

US Lawmakers Call Crypto Executive To Testify In FTX Collapse Hearing

U.S. lawmakers on Wednesday, in a rare bipartisan vote, called on FTX's Sam Bankman-Fried to testify in a hearing about the crypto exchange's decline.

Regulators circle FTX as rival exchanges try to calm investors - Vimarsana News

Regulators circle FTX as rival exchanges try to calm investors

The implosion of FTX, once a darling of the crypto industry with a $32 billion valuation as of January, has spurred investigations by the US Justice Department, the Securities and Exchange Commission, and the Commodity Futures Trading Commission, a source with knowledge of the investigations said.

FTX downfall is so bad that even the Bahama's police are investigating it - Vimarsana News

FTX downfall is so bad that even the Bahama's police are investigating it

The FTX headquarters located in the Bahamas, and its tragic downfall, is being investigated by Bahamas Police after authorities froze its assets.

FTX collapse: What does the future hold for the beleaguered crypto exchange? - Vimarsana News

FTX collapse: What does the future hold for the beleaguered crypto exchange?

This weeklong tale of financial discrepancies has hit cryptocurrencies on a different level. The value of Bitcoin has seen unexpected lows since 2020, along with the dipping values of altcoins such as Cardano, Solana, XRP, and Dogecoin by more than 10 percent.