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Tag: Executives
Crypto Assets Are Not Financial Products: Aussie Executives
Crypto regulation has been receiving growing interest in different jurisdictions recently. While some countries maintain rigid digital assets control, some outrightly banned their usage. Currently, c...
Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says – Exchanges Bitcoin News
European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds proc...
Australian crypto executives urge caution on regulation
Following recent remarks made by Australia’s assistant treasurer on the subject, cryptocurrency executives in Australia have cautioned against grouping all digital assets into the same category ...
Europol arrests 5 Bitzlato senior executives
European Union police agency (Europol) said it arrested five senior executives of the sanctioned Bitzlato exchange. The EU agency said Jan. 23 that the people arrested include the CEO, financial direc...
Here’s what Australian executives are thinking about crypto
After the assistant treasurer’s recent comments, Australian crypto CEOs have cautioned against defining all digital assets as financial commodities. National Australia Bank (NAB) will create a stablec...
Gemini Executives Insisting Everything’s Fine; BTC Inflow Data Shows Otherwise
Crypto firm Gemini is struggling after the recent regulatory actions against it. In a recent blog post, the company executives had to clarify that the other products and services of Gemini have no eff...
The FTX Executives Who Helped Run Sam Bankman-Fried’s Crypto Empire
(Bloomberg) — Sam Bankman-Fried may be the face of FTX’s failure, but he wasn’t the only one keeping his sprawling empire going. Most Read from Bloomberg The more than 130 entities that made up ...
FTX Loan Washed Out $800M in BlockFi Executives Equity
4 hours ago | 2 mins read Exchange News As per court filings, the FTX loan has swept away $800M in BlockFi executive equity. The filing details the effects of a June FTX loan on 13 BlockFi executives...
BlockFi increased some executives’ salaries after wipeout of equity stakes
Several BlockFi executive team members saw their equity stakes wiped out last year as part of its emergency restructuring plan, which included borrowing $400 million from collapsed crypto exchange FTX...
Several Top Rivian Executives Depart After Production Miss
Rivian Automotive the startup maker of electric trucks, has parted ways with several of its top executives after production targets were missed over the past year. Those who left include Randy Frank, ...
Despite Warning Signs, 95% Of Manufacturing Executives Say They’re Optimistic, According To A New Poll By Forbes, Xometry And Zogby
Despite nagging fears of a recession, manufacturing execs are optimistic about the future, with a majority planning to increase hiring and spend on technology. IT’s been a tough year for manufacturers...
DOJ Seizes $470 Million in Robinhood Shares From FTX Executives
Sam Bankman-Fried (SBF) and his former right-hand, Gary Wang, are unable to retain ownership of almost half a billion dollars worth of Robinhood shares, according to a court document dated January 6th...
U.S SEC Files Charges Against Coindeal Executives in Crypto Scam
28 mins ago | 2 mins read Bitcoin News The regulator claims no Coindeal transaction ever took place. The SEC said that the defendants collectively stole millions of dollars of investor monies. On Wed...
Top Executives at V Global Crypto Exchange Imprisoned
Top executives nabbed Increasing regulation in South Korea due to the ongoing ups and downs of extended crypto winter and the urgent need of a watchdog over the industry. Amid tough squeeze, two execu...
Sam Bankman-Fried and FTX Executives Met With CFTC Commissioner for Dinner in October 2021: Report
Disgraced FTX founder Sam Bankman-Fried reportedly dined with a member of the US Commodity Futures Trading Commission (CFTC), the same federal agency he sought to have regulate the crypto industry, sh...
V Global Exchange Scam Executives Sentenced Upto Eight Years in Jail
Exchange News V Global was in business from July 2020 to April 2021. It attracted over 50,000 investors by offering returns of 300% and large bonuses. A total of six executives were sentenced to up to...
Executives from $1.5B South Korean crypto exchange fraud jailed
Six executives involved in the $1.5 billion (2 trillion won) South Korean crypto exchange fraud V Global have received prison sentences of up to eight years — but three were not detained so they could...
Hong Kong Based Crypto Exchange Executives Got Arrested: Report
Hong Kong police reportedly took actions in the case related to crypto exchange Atom Asset Exchange (AAX). Two executives of the exchange were arrested under the allegations of fraud and misleading. I...
FTX Executives Accused of Receiving Hidden Loans
Sam Bankman-Fried was released on December 22 2022. FTX founder Sam Bankman Fried and several other executives of crypto exchanges have received secret loans from investment and trading fi...
Hong Kong Officials Arrest Two Key Executives of AAX Exchange
Exchange News Police detained Liang Haoming, CEO of Weigao Capital. Two million users have had no access to their account balances since November. According to local media, the Hong Kong police have d...
2 executives of crypto exchange AAX arrested in Hong Kong: Report
Hong Kong police arrested two executives of the crypto exchange AAX accused of fraud and misleading the police, according to local media reports. Weigao Capital CEO Liang Haoming and former AAX CEO T...
FTX Executives Ellison and Wang Were Accused by SEC
Exchange News Alameda Research CEO Caroline Ellison has pleaded guilty to charges related to the FTX collapse. New York announced the charges against Ellison and Wang. U.S. Attorney Damian Williams sa...
Executives make media predictions for 2023
Back by popular demand (OK, fine, I just wanted to do this again), I asked a bunch of past and present media and entertainment executives to give me one significant and/or surprising industry predicti...
FTX Executives Used ‘Korea’ Account to Mask Giant Alameda Liabilities
(Bloomberg) — A GitHub account bearing the name of former FTX executive Nishad Singh authored code that hid Alameda Research’s ballooning liabilities on the now-collapsed cryptocurrency exchange...
FTX and Alameda Executives Exchanged Sensitive Information in ‘Wirefraud’ Chat Group Prior to Collapse: Report
The executives at the now-collapsed crypto exchange FTX and its trading arm Alameda Research are reportedly exchanging secret information using a Signal chat group called “Wirefraud.” A new report fro...
Justice Department Looks to Charge Binance, Executives
According to reports by the news agency Reuters, United States prosecutors are considering filing criminal charges against cryptocurrency exchange Binance and executives of the company, including foun...
Broadcom’s Target Company VMware Ousts Three Executives As Part Of Restructuring
Three senior VMware, Inc (NYSE: VMW) executives exited the enterprise software company that Broadcom Inc (NASDAQ: AVGO) aims to acquire for $61 billion. VMware CEO Raghu Raghuram said the senior vice ...
FTX executives spent $256 million on Bahamas real estate
The Bahamas has more than 700 islands and cays; remote workers and students can live on 16 of them, including Eleuthera (shown here). Sylvain Sonnet | The Image Bank | Getty Images Bahhamian lawyers s...