The Technology Advisory Committee focuses on guiding CFTC regarding technology’s impact on the financial system. CFTC is the US financial regulator that monitors the derivatives market. US financial...
Tag: Executives
Signature Bank and former executives sued by shareholders for alleged fraud
On March 14, a class action lawsuit was filed against the recently shut down crypto-friendly, New York-based Signature Bank, and its former chief executive office, Joseph DePaolo, chief financial offi...
CFTC forms new Tech Advisory Group, appoints high-profile crypto executives
Executives from Circle, TRM, Fireblocks, and other companies have been appointed by the CFTC to its new Tech Advisory Committee (TAC). In an official statement, Commissioner Christy Goldsmith Romero n...
CFTC Names Executives From Circle, TRM, Fireblocks Among Others to New Tech Advisory Group
“To protect our markets from increasingly-sophisticated cyber attacks, to ensure responsible development of digital assets in a way that protects customers, and to ensure that the implications o...
SVB Shareholder Files First Lawsuit Against Bank Executives Over Historic Collapse
Topline A Silicon Valley Bank shareholder filed a lawsuit Monday against the financial firm just days after it collapsed in the biggest bank failure since 2008, marking the first of what will likely b...
Biden: SVB, Signature Executives Will Be Fired
Banks need more regulatory oversight, President Biden said during an address Monday morning about the recent closure of Silicon Valley Bank and Signature Bank. The government has taken control o...
Bill Ackman wants a sanction on SVB executives – Cryptopolitan
Famous billionaire Bill Ackman has waded into the Silicon Valley Bank issues presently being talked about across the United States. Reacting to the news, the billionaire tasked the government with mak...
Deaton Describes Naming Ripple Executives in Lawsuit as a ‘Major Mistake’ From SEC
The attorney believes the regulator placed an unnecessary legal burden on itself by naming the Ripple executives in the case. Attorney John E. Deaton has expressed that the United States Securities an...
Voyager Bankruptcy Judge Stops SEC From Punishing Executives
Voyager bankruptcy Judge Michael Wiles has blocked the U.S. Securities and Exchange Commission from punishing Voyager executives and bankruptcy advisers concerning a new crypto asset included in the f...
How top women executives in sports and betting are leading by example
FanDuel CEO Amy Howe stands out in a crowd — in spite of her slight stature. In a room full of executives in the sports or gambling industries, she’s often one of very few women. But Howe has th...
With the Easy Money Gone, Executives Tighten Belts by Slashing Dividends
(Bloomberg) — Cutting or pausing dividends is a step that corporate executives usually do everything possible to avoid as it can scare off investors and prompt them to move their capital elsewhe...
Companies Shrink Dividends as Executives Shift Gears on Spending
(Bloomberg) — Faced with declining earnings and heavy debt loads, companies are reducing dividend payments to shareholders to improve the health of their balance sheets. Most Read from Bloomberg...
Voyager creditors subpoena more executives from FTX and Alameda
Voyager creditors have summoned top executives from FTX and Alameda Research to a deposition on 23 February. A decline in buying pressure for VGX will result in a further price decline. In a new court...
Unsecured Voyager Creditors Subpoena FTX Executives
After the FTX Group unceremoniously attempted to claw back the repayment of Alameda’s loan to Voyager, lawyers on the side of the struggling crypto platform have responded with a two-part salvo of leg...
Voyager Creditors Go After SBF and Other FTX Executives
Representatives of unsecured creditors for Voyager Digital have subpoenaed former FTX CEO Sam Bankman-Fried (SBF) and other top executives of the bankrupt crypto exchange. According to a Feb. 18 court...
Binance.US Refutes Reuters Report, Says Only its Executives Have Access its Bank Accounts
Binance.US refuted an earlier report made by Reuters, which stated that the international exchange allegedly moved $400 million from an account belonging to the American affiliate. In an attempt to cl...
Celsius Creditors to Sue Executives for Fraud
It has been proposed by the official committee of Celsius creditors that a lawsuit be filed against the company’s co-founder Alex Mashinsky and other executives for “fraud, recklessness, g...
SBF, father and former FTX executives slammed with subpoena
Founder and former CEO of bankrupt crypto exchange FTX, Sam Bankman-Fried (SBF), as well as his father Joseph Bankman, and the company’s former executives, were subpoenaed and asked to produce several...
Celsius Seeks to Recover Millions From Mashinsky, Other Former Executives
“The Complaint would bring claims and causes of action against the Prospective Defendants to return millions of dollars removed from the Celsius platform” in the months before it froze withdrawals, th...
Celsius Creditors Sue Mashinsky, Other Executives
Key Takeaways Celsius creditors have filed a lawsuit against Alex Mashinsky and other Celsius executives. They seek to recover the millions that executives allegedly cashed out while before the compan...
Ex-FTX executive’s charity made millions from insider deal on FTT
Polaris Ventures reportedly sought to receive roughly $150 million from FTT’s sales. The foundation has made millions of dollars selling the tokens after they were publicly traded at $1 in 2019 and 20...
Former Gemini executives faced criminal investigation in 2022: Report
Gemini’s former executives faced a criminal investigation last year. The probe was based on a civil case brought by the Commodities and Futures Trading Commission (CFTC). Two former executives at cry...
Coinbase Executives Stand Up for Crypto Staking Services
Trade in cryptocurrencies Executives at Coinbase are defending the company’s cryptocurrency staking services, arguing that they cannot be categorized as a security and threatening to take the su...
Executives are doing a great job talking down the US economy: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, February 13, 2023 Today’s newsletter...
Micron Cuts Executives’ Salaries in Latest Belt-Tightening Move
(Bloomberg) — Micron Technology Inc. is cutting executives salaries by as much as 20% and suspending bonuses as the chipmaker copes with an industrywide slump. Most Read from Bloomberg Chief Exe...
Voyager Digital Subpoenas FTX Executives
Subpoenas demanding information have been issued on former FTX CEO Sam Bankman-Fried and other FTX and Alameda Research officials by attorneys representing insolvent crypto broker Voyager Digital. Acc...
Intel Institutes Pay Cuts For Executives And Managers In Response To Steep Drop In Revenue
Getty Images Key takeaways Intel’s fourth-quarter revenue was down 32% year over year In response to the lower revenue, the company is cutting pay for executives and managers After the report was rele...
Ex-Twitter Executives Testify Before House Oversight Committee On Decision To Censor Hunter Biden Story—Here’s What To Know
Topline Former Twitter executives are testifying before the House Oversight Committee on Wednesday in what is expected to be one of the most contentious GOP-led hearings of the new Congress, as its ri...
Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal – Bitcoin News
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and ...
New Book From Virtira Executives Guides How To Transform Remote Workforces
“The Power of Remote” by Cynthia Watson and Shane Spraggs is released with Forbes Books This release is posted on behalf of Forbes Books (operated by Advantage Media Group under license). NEW YORK (Fe...