Mark Cuban Criticizes SEC, Suggests Better Regulatory Approach Could Have Saved FTX and 3AC
Cuban’s recent criticism of Gensler’s ways is a direct reflection of what the majority of the crypto industry thinks of the SEC Chair.
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Cuban’s recent criticism of Gensler’s ways is a direct reflection of what the majority of the crypto industry thinks of the SEC Chair.
FTX’s restructuring plan gains strong creditor backing, setting the stage for the distribution of $6.83 billion to impacted crypto traders and users.
The rally aligned with unfounded rumors that FTX would begin reimbursing its defrauded creditors by September 30.
Despite Caroline Ellison’s cooperation with prosecutors and her role as a key witness in the trial against Sam Bankman-Fried, Judge Lewis Kaplan has rejected leniency and sentenced the former CEO of Alameda Research to two years in prison.
Some market analysts think that Tether could also implode like FTX, if not audited duly by third-party agencies. This implosion would likely be tied to its banking partners.
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In the modern world of money exchange, the modes of payments are dominated by mobile payments which make transactions easier and much faster. Here’re the major types of mobile payments explained.