Crypto firm BlockFi files for bankruptcy as FTX fallout spreads

Jack J. Kelly Archive

FINRA Targets Crypto Communications After FTX Collapse

The Financial Industry Regulatory Authority (FINRA), a U.S. self-regulatory body for brokerage services, is targeting crypto marketing practices in the wake of the collapse of industry juggernaut FTX. The assessment will require firms to provide all retail communication concerning crypto assets distributed between July ...Read More

Crypto Exchange Gemini Suffers $485M Rush of Outflows Amid Contagion Fears

Gemini, a crypto exchange and custodian founded by the Winklevoss brothers, has suffered a rush of withdrawals as crypto firms wrestle with the reverberations of the FTX-Alameda bankruptcy and subsequent contagion within the digital asset industry. Data by blockchain intelligence platform Nansen shows that Gemini saw $485 million ...Read More