FTX sues Grayscale and DCG, citing mismanagement 

Alameda Research Ltd, the FTX debtor, has filed a lawsuit against Grayscale Investment’s CEO and owners over firm mismanagement in part of the Trust agreement violation.  The fallen crypto exchange pl...

SBF assets still being seized over gross mismanagement

The FTX collapse made the entire crypto industry tumble in November after filing for bankruptcy, and it cost Sam Bankman-Fried almost everything he had. Since then, other exchanges associated with FTX...

Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries

Stablecoins in the cryptocurrency market help provide U.S. dollar-pegged tokens within the volatile industry. In bull markets, the market capitalization of stablecoins tends to decrease as investors f...

BUSD Sees Sharp Fall Amidst Solvency And Mismanagement Concerns

Binance’s BUSD stablecoin has seen a sharp fall in market capitalization, as its circulating supply dropped to $15.4 billion on Wednesday.  The BUSD stablecoin has dropped around $1 billion over the p...

The FTX Crisis: Bankman-Fried Under Fire For Fund Mismanagement

A report has surfaced that details communications between the United States and Bahamian officials regarding investigations into FTX. The report indicates that officials from the Bahamas Financial Ser...

Wells Fargo Mismanagement of Billions In Customer Funds Not Highlighted Like FTX

– Advertisement – Brad Garlinghouse is not comfortable with the media coverage Wells Fargo’s asset mismanagement is getting compared to the FTX implosion. Brad Garlinghouse, American busin...

Ripple CEO compares Wells Fargo billions mismanagement with FTX collapse

Amid the heated-up news steam about the FTX drama, Ripple CEO Brad Garlinghouse hastried to turn the public’s attention to another case regarding the misdeeds of traditional finance. A $3.7 billion fi...

Unprecedented Mismanagement Within the Firm: FTX CEO

Many people compared the collapse of crypto exchange FTX after its bankruptcy petition being as worse as the Lahmen Brothers collapse. However, it’s apparently an over exaggerated comparison given the...

Investors Continue to Learn More About FTX’s Mismanagement

In an essay for CoinDesk, Francine McKenna, a journalist and lecturer in financial accounting at the University of Pennsylvania’s Wharton School, laid out a series of missteps in FTX’s auditing ...

FTX May Have Committed Serious Fraud and Mismanagement: Bahamas Liquidators

One week after the implosion, legal woes for FTX have only intensified. According to the latest court filings from the company’s Bahamian liquidators, there are signs of “serious fraud and mismanageme...

FTX Court Filings Claim Firm’s Fraud and Mismanagement

The post FTX Court Filings Claim Firm’s Fraud and Mismanagement appeared first on Coinpedia Fintech News The court filings by FTX’s Bahamian liquidators claim that there are signs which point towards ...

Bahamian FTX Liquidators Cite ‘Serious Fraud and Mismanagement’ in Court Filings

“The Joint Provisional Liquidators’ findings to date indicate that serious fraud and mismanagement may have been committed” with respect to the group, said the document filed in the U.S. Bankruptcy Co...

US Regulators Probe FTX for Mismanagement of Client Assets: Report

United States financial regulators have reportedly launched a probe into FTX – one of the world’s largest crypto exchanges that is now unable to process customer withdrawals.  The investigators intend...

US Lawmakers Accuse Gary Gensler of ‘Hypocritical Mismanagement of SEC’ — Say the Chairman ‘Refuses to Practice What He Preaches’ – Regulation Bitcoin News

Four congressmen have accused the U.S. Securities and Exchange Commission (SEC) under Chairman Gary Gensler of “regulatory hypocrisy and inconsistency.” They added: “While the SEC is failing to comply...

Billionaire Dan Och Slammed by Hedge Fund for ‘Mismanagement’

(Bloomberg) — The hedge fund firm formerly known as Och-Ziff “deteriorated” under the “mismanagement” of its founder Daniel Och, forcing those who succeeded him to spend years stabilizing the Wa...

Tether Responds to WSJ Allegations of Mismanagement of Funds – crypto.news

Tether issued a statement informing its community of false material that had been spread to cast doubt on the organization’s integrity. The misinformation cited above pertains to a Wall Street Journal...

Crypto Lender Celsius Countersues KeyFi for ‘Gross Mismanagement’

Troubled crypto lending platform Celsius filed a countersuit in United States Bankruptcy Court on Tuesday against Jason Stone and his company KeyFi. In the filing, Celsius alleges Stone falsely repres...

Coinbase Hit With Another Lawsuit Over Alleged Mismanagement Of Public Listing

Coinbase Global, Inc. has been on the radar for some time now. Recently, an insider trading case was filed against an ex-employee of the firm and his two relatives. The uproar around this had not even...

Shocking Report Show Complete Mismanagement Of Your Student Loans

President Joe Biden (Photo by Alex Wong/Getty Images) Getty Images A new, shocking report shows complete mismanagement of your student loans. Here’s what you need to know — and what it means for your ...