DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
— - 2 Sam Bankman - 1 Fried - 1 SBF - 1 FTX - 1 – - 1 Nicolas Roos - 1 Jim Angel - 1
Top related locs:
FTX Alameda Manhattan Bankman New York United States “ cryptos
Top related orgs:
Georgetown - 2 Financial Markets - 2 Service - 1 Prosecutors - 1 MIT - 1 Alameda - 1 Bankman - 1 CNN Business - 1

Search resuls for: "Psaros"


4 mentions found


☆ Sam Bankman-Fried tried to pin his fraud scheme on his closest friends. Then they turned on him for it.
  + stars: | 2023-11-03 | by ( Katie Balevic | ) www.businessinsider.com   time to read: +12 min
A jury found Sam Bankman-Fried guilty in his fraud trial over the collapse of FTX. One by one, his friends flipped to work with the prosecution and threw Bankman-Fried under a much bigger bus. That's how a jury found him guilty of seven counts in his federal fraud trial in downtown Manhattan on Thursday evening. AdvertisementAdvertisementSingh, for example, testified he was "blindsided and horrified" when he found out in November that Alameda had used FTX customer money. The sentencing schedule may depend on a second criminal trial Bankman-Fried faces for alleged illegal campaign contributions.
Persons: Sam Bankman, Fried, SBF, —, FTX, –, Nicolas Roos, Jim Angel, Angel, Caroline Ellison, Gary Wang, Nishad Singh, Bankman, Singh, blindsided, Ellison, Sam, Eduardo Munoz Alvarez, Wang, Singh —, Mark Cohen, Cohen, who'd, Adam Yedidia, Sun, deflating, they're, Chelsea Jia Feng, Danielle Sassoon, Roos Organizations: Service, Prosecutors, MIT, Georgetown, Financial Markets, Alameda, Bankman Locations: FTX, Alameda, Manhattan, Bankman
☆ Crypto crackdown: Is there anywhere safe left for crypto investors in the US?
  + stars: | 2023-06-06 | by ( Allison Morrow | ) edition.cnn.com   time to read: +5 min
“Look, we don’t need more digital currency,” Gensler told CNBC on Tuesday. “We already have digital currency: It’s called the US dollar. Many crypto investors appear to be abandoning so-called “alt-coins” and sticking with the relatively more reliable OG virtual currency, wrote Ed Moya, a senior market analyst with Oanda. Bottom line: “The SEC looks like it is playing Whac-A-Mole with crypto exchanges,” Moya wrote. Because of that, crypto investors will have to decide whether they are confident that the offerings on various exchanges will remain available to trade.
Persons: CNN Business ’, Binance, ”, Matt Levine, I’ll, Coinbase, Brian Armstrong, Gary Gensler, ” Gensler, “, It’s, Crypto, TD Cowen, Reena Aggarwal, Aggarwal, bitcoin, Ed Moya, ” Moya, —, you’ll Organizations: CNN Business, New York CNN, Securities and Exchange Commission, SEC, CNBC, Georgetown, Psaros, Financial Markets, Chicago Mercantile Exchange, Oanda Locations: New York, United States, “, cryptos
☆ Fed's Bowman sees potential for interbank digital dollar
  + stars: | 2023-04-18 | by ( ) www.reuters.com   time to read: +1 min
April 18 (Reuters) - A so-called "wholesale" central bank digital currency could hold promise for the future settlement of certain financial market transactions and processing international payments, Federal Reserve Governor Michelle Bowman said on Tuesday. While a digital dollar could make sense for interbank transactions, there could be unintended consequences like disruptions to the banking system if the Fed were to design a central bank digital currency that would be directly available to the public, Bowman said in prepared remarks for an event at Georgetown University's Psaros Center for Financial Markets and Policy. The U.S. central bank has not yet said if it would embark on an effort to create a central bank digital currency, and has previously said it would seek authorization from Congress and the executive branch before doing so. Reporting by Ann Saphir and Hannah Lang; Editing by Paul SimaoOur Standards: The Thomson Reuters Trust Principles.
☆ SEC's Gensler says CFTC authority over stablecoins should be bolstered
  + stars: | 2022-10-14 | by ( ) www.reuters.com   time to read: +2 min
Stablecoins are usually pegged to the U.S. dollar and are primarily used to facilitate trading in other digital assets. Register now for FREE unlimited access to Reuters.com RegisterWhile the CFTC has anti-fraud and anti-manipulation regulatory authorities over firms that issue dollar-backed stablecoins, they do not have "actual plenary authority to write rules around the exchanges," Gensler said. They currently do not have direct regulatory authorities over the underlying non-security tokens," he said. The vast majority of cryptocurrencies, including so-called algorithmic stablecoins, are securities, and fall under the SEC's authority, while a handful are not, Gensler said. It remains unclear when Congress might pass crypto-related legislation, although several bills have been introduced to address stablecoins and digital commodities regulation.
0 next >>
Total: 4