Mathew McDermott, who leads the digital asset unit at Goldman Sachs, lays out how blockchain technology could enable greater liquidity across the marketplace.
Federal prosecutors seized over $697 million in cash and assets connected to Sam Bankman-Fried, court filings from Friday show, primarily in Robinhood shares.
FTX lawyers said they had recovered $5 billion of assets, including cash and crypto, bringing customers closer to recovering from the exchange’s collapse.
The collapse of crypto exchange FTX led to criminal prosecutions of founder Sam Bankman-Fried and two of his lieutenants in New York federal court.
The Securities Commission of The Bahamas said it moved $3.5 billion from FTX’s Bahamian subsidiary, FTX Digital Markets, into its own digital wallets.
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