Mazars has found itself in the headlines again this year after confirming it’s pausing work for crypto clients, including Crypto.com, KuCoin, and Binance, the world’s largest crypto exchange. The news rocking the cryptocurrency world comes after the accounting firm in February backed away from another high-profile client — former President […]
Fenika Bench
Wyoming Bullishly Courts Crypto, Even After Collapse of FTX
CHEYENNE, Wyo. (AP) — Software engineer Jae Yang got a lot of questions from friends when he moved from Silicon Valley with plans to launch his cryptocurrency exchange not in the up-and-coming urban crypto hubs of Miami or Austin, Texas, but the windswept plains of southeastern Wyoming. While the collapse […]
Former FTX spokesman Kevin O’Leary defends endorsement of crypto firm
“Shark Tank” star Kevin O’Leary defended his position as a spokesperson for bankrupt crypto firm FTX on CNBC’s “Squawk Box” on Friday. “This is America. The justice system provides the presumption of innocence unless proven otherwise,” O’Leary responded when asked why he didn’t more stridently condemn Bankman-Fried. The former FTX […]
Accounting firm that issued proof of reserves report for Binance halts service to all crypto clients
Mazars, the accounting firm that issued a proof of reserves report posted by cryptocurrency giant Binance last week, has pulled the report from its website and no longer offers the service for its crypto clients. Binance, the world’s largest crypto exchange, tweeted a link to the report on Dec. 7 […]
Sam Bankman-Fried’s Crypto Scam Is Business as Usual
FTX founder Sam Bankman-Fried is led away handcuffed by the Royal Bahamas Police Force in Nassau, The Bahamas, on December 13, 2022. (Mario Duncanson / AFP) Subscribe to The Nation Subscribe now for as little as $2 a month! Thank you for signing up for The Nation’s weekly newsletter. Thank you […]
Attractive Opportunities for Players In Cryptocurrency Market and How it works ?
MarketsandMarkets Research Pvt. Ltd. Chicago, Dec. 12, 2022 (GLOBE NEWSWIRE) — Cryptocurrency Market by Offering (Hardware, and Software), Process (Mining and Transaction), Type, Application (Trading, Remittance, Payment: Peer-to-Peer Payment, Ecommerce, and Retail), and Geography”, Get an overview of the report structure, market segmentation & market size, company analysis and regional […]
Red flags from business past
Kris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images Kris Marszalek wants everyone to know that his company, Crypto.com, is safe and in good hands. His TV appearances and tweets make that clear. It’s an understandable approach. […]
FTX ex-CEO Sam Bankman-Fried says he wants to start a new business
Sam Bankman-Fried, the disgraced former boss of the failed crypto-exchange FTX, said this week he hopes to start a new business to recoup his investors’ losses in the firm’s collapse. The 30-year-old told the BBC in an interview published Saturday he would “give anything” to start a new venture. FILE: […]
Ex-FTX boss Sam Bankman-Fried admits he should’ve done more stress testing before crypto firm’s collapse
Pastel Network co-founder Anthony Georgiades argues ‘it’ll take time’ to trace back disgraced FTX founder Sam Bankman-Fried’s ‘co-mingled’ assets. Sam Bankman-Fried made yet another public appearance on Tuesday in an effort to explain his side of the collapse of FTX, the cryptocurrency exchange he led, and the reported transfer of […]
Sen. Warren demands answers from Silvergate Bank about its business dealings with FTX
When it came to pitching banking services to the crypto community, Silvergate Bank held an ace card: an endorsement from none other than Sam Bankman-Fried, the celebrity founder of FTX, a large and popular crypto exchange. “Life as a crypto firm can be divided up into before Silvergate and after […]