FTX’s spectacular collapse in November 2022 resulted in billions of dollars in losses for investors worldwide and triggered criminal charges against its founder, Sam Bankman-Fried, who is currently serving a lengthy prison sentence for fraud. In the wake of this collapse, a group of investors filed suit, alleging that celebrity endorsers and influencers materially contributed to the fraud by promoting FTX without disclosing their financial relationships or the risks involved. The plaintiffs contended that these…
Latest Posts
- Tom Brady, Larry David, Gisele Bündchen and Other Celebrities Partially Let Off The Hook For Their Promotion of FTX
- Federal Reserve Joins the Chorus on Easing Cryptocurrency Regulation
- The Tokenization of Finance: Incremental Improvement or Game Changer?
- Swiss Regulator Issues a First DLT Trading Facility License to BX Digital AG
- US Justice Department Shuts Its Dedicated Crypto Enforcement Team
- Cryptocurrency Winds of Change Keep Blowing Under the New SEC
- The SEC’s Strategic Retreat: Implications of Voluntary Dismissals in the Dealer Rule Cases
- The Controversy Surrounding Argentine President Javier Milei and the LIBRA Token
Recent
The Federal Reserve’s announcement on April 24, 2025, to withdraw prior guidance and supervisory letters concerning banks’ involvement…
Financial industry executives will need to familiarize themselves with the essentials of tokenization, and quickly. After a decade…
The Swiss Financial Market Supervisory Authority (FINMA) has issued to BX Digital AG a first-ever distributed ledger technology…
We have written about some of the significant changes under the new Trump administration with respect to cryptocurrency.…
We have already written about steps taken by the U.S. Securities and Exchange Commission during the very early…
In somewhat of a surprising turn of events, on February 19, 2025, the U.S. Securities and Exchange Commission…