FTX hires forensics team to find lost customers’ billions: Report

A team of forensic financial experts has been hired by bankrupt cryptocurrency exchange FTX to try to find the billions of dollars worth of missing customer funds that were “unknowingly commingled” or stolen before the exchanges collapse.

Original source: Cointelegraph By Jesse Coghlan

Publish date: Dec. 8, 2022

Proactive sanctions can help spare the ecosystem: Chainalysis exec

Fierman says understanding sanctions is a challenge both in crypto and traditional finance, it's something everyone is still trying to figure out.

Original source: Cointelegraph By Savannah Fortis

Publish date: Dec. 7, 2022

Mazar says users' BTC reserves on Binance are fully collateralized

The AUP is a snapshot of users' BTC holdings on Binance as of Nov. 22.

Original source: Cointelegraph By Zhiyuan Sun

Publish date: Dec. 7, 2022

Institutional investors still eye crypto despite the FTX collapse

Data sent by crypto exchange Bitstamp shows that institutional registrations in the trading platform increased by 57% in November.

Original source: Cointelegraph By Ezra Reguerra

Publish date: Dec. 7, 2022

BTC price hits new December low as Bitcoin dips 2% with Asia stocks

Bitcoin fails to hold $17,000 as BTC price correlation with Asia stocks stands out on the day.

Original source: Cointelegraph By William Suberg

Publish date: Dec. 7, 2022

3AC subpoenas issued as dispute grows over claims of Terraform dump

Approval has been given to subpoenas aimed at Three Arrows Capital’s (3AC) Su Zhu, Kyle Davies and their associates, while FatmanTerra claims Terraform Labs “dumped” $450 million of UST weeks ahead of its ultimate collapse.

Original source: Cointelegraph By Felix Ng

Publish date: Dec. 7, 2022