Gemini is attempting to recoup $900 million of client funds which it lent to Genesis to generate yields for its interest-bearing Gemini Earn accounts.
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.
With split control of Congress next year, bipartisanship will be key to passing tech reforms.
Binance.US will acquire the crypto assets and customer deposits of Voyager Digital in a $1.02 billion deal, weeks after a planned FTX-Voyager acquisition failed.
The collapse of FTX, once a $32 billion exchange, has shattered investor confidence in crypto. CNBC looks at how it may reshape the industry in the long run.