Category Archives: Allgemein

SEC Declares FTX’s FTT Token a Security, Former Execs Plead Guilty

• The U.S. Securities and Exchange Commission (SEC) has called FTX’s FTT exchange token a security. • Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have pleaded guilty to criminal fraud charges tied to FTX’s collapse. • … Continue reading

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CFP Board Warns Financial Advisors on Crypto Advice: Fiduciary Duty & Competency Required

• The CFP Board’s “Notice to CFP Professionals Regarding Financial Advice about Cryptocurrency-related Assets” outlines a series of risks associated with cryptocurrency investment and lays out some standards that financial advisors can adhere to in their decision to provide, or … Continue reading

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Paul Hastings & Co. appointed to represent FTX creditors in bankruptcy proceedings

• Paul Hastings LLP has been chosen to represent FTX creditors in the crypto exchange’s bankruptcy proceedings. • A creditor committee chose Paul Hastings from among a number of firms that pitched for the role. • At a meeting of … Continue reading

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BC Imposes 18-Month Crypto Mining Moratorium to Preserve Electricity

• British Columbia has become the third Canadian province to impose restrictions on crypto mining. • The province has put in place an 18-month moratorium on new crypto mining connections to its power grid. • The province wants to preserve … Continue reading

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