Lawmakers want answers from Silvergate on FTX transfers

Lawmakers are demanding data from Silvergate Capital company YES -4.70% about transfers of shopper funds between Sam Bankman-Fried’s collapsed buying and selling agency, Alameda Analysis, and your cryptocurrency changeFTX. in a letter to the financial institution on mondayRepublican Senators John Kennedy of Louisiana and Roger Marshall of Kansas, together with Democratic Senator Elizabeth Warren of … Read more

FTX founder Sam Bankman-Fried: ‘Look, I blew it’

New York CNN Enterprise — Sam Bankman-Fried, the 30-year-old founding father of a crypto empire now bankruptHe mentioned he “by no means tried to commit fraud in opposition to anybody.” “Clearly I made lots of errors,” Bankman-Fried mentioned in a digital look on the New York Occasions DealBook summit in New York. “There are issues … Read more