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FTX Sues Founder's Parents for Fraudulent Transfers
The bankruptcy estate of crypto exchange FTX has filed a lawsuit against Joseph Bankman and Barbara Fried, parents of FTX founder Sam Bankman-Fried. The suit aims to recover millions of dollars in funds allegedly transferred and misappropriated fraudulently. Arthur Hayes: A Figure of Inspiration and Debate
Arthur Hayes stands as a prominent name in the cryptocurrency realm, recognized as one of the youngest African-American billionaires in history. He co-founded BitMEX, which, incidentally, led him into legal controversies. This exchange pioneered the trading of crypto derivatives, introducing the now-widely adopted perpetual contracts. Youth Education: Free Courses by WhiteBIT and Cryptology!
While crypto prices may fluctuate, venturing into this realm can seem a costly endeavor for the youth. However, new courses from the online school Cryptology and the globally renowned WhiteBIT exchange now offer free access to the digital economy! All you need is enthusiasm and awareness of our rapidly digitizing world.
Hong Kong police have arrested Joseph Lam, a crypto influencer and former lawyer, in connection with the ongoing investigation into cryptocurrency exchange JPEX. Lam, who has over 190,000 Instagram followers, was arrested today and his office was raided. The arrest follows the Securities and Futures Commission's warning against JPEX for misleading statements about its licensing status. The police have received at least 83 complaints involving JPEX, with virtual assets worth about HK$34 million ($4.3 million) reported. NFTs: Are They Securities? The SEC Weighs In
For a while, the NFT landscape went largely unnoticed by the U.S. Securities and Exchange Commission (SEC). However, as the summer of 2023 drew to a close, with Gary Gensler at the helm, the SEC felt an urgent need to address and regulate the growing non-fungible token market. 













