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.
FTX Japan says it is developing a system to resume withdrawals through the website of Liquid Japan, a crypto exchange it acquired earlier this year.
FTX founder Sam Bankman-Fried is accused of using his crypto hedge fund Alameda Research as a “personal piggy bank” to make illegal political contributions.
Southeast Asia launched less IPOs and raised less funds amid economic headwinds. But 2023 still has room for high growth, as we emerge from the pandemic.
Sam Bankman-Fried’s trading firm was able to quietly use customer funds from his exchange FTX without sounding alarm bells, sources say.
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