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Bankman-Fried gets 25 years in prison for FTX fraud
'There is a risk that this man will be in a position to do something very bad in the future,' the judge says. 'And it’s not a trivial risk. Not a trivial risk at all.'
Could FTX investors finally get some money back?
The firm has announced its plan to end its bankruptcy.
Bitcoin is having a moment
There’s a lot going on in the world of digital assets as advisors face questions about whether and how to use the asset class.
The curious case of FTX and bitcoin’s surge
Many clients will see the legitimization provided by bitcoin ETFs as a reason to ask their advisors why they aren’t benefiting from the price increase.
What next for crypto as FTX founder is jailed?
Has the fraud eroded trust in digital assets or can the industry rebound?
FTX co-founder admits multibillion-dollar fraud
The crypto exchange collapse is being played out in court.
Former FTX executive pleads guilty to criminal charges
Ryan Salame headed up the collapsed crypto exchange’s Bahamas subsidiary.
Crypto market facing post-FTX wake-up call
Market making profitability has slumped 30%
Former CEO of failed crypto exchange FTX in custody
Sam Bankman-Fried's bail was revoked for alleged witness tampering.
FTX draft bankruptcy plan could see cash for creditors
But the size of the pool of claims means they are unlikely to get back what they invested.
Crypto investors had their funds frozen. Now they may have to pay taxes
Even though investors can't access their accounts with bankrupt crypto lender Celsius Networks, they still owe taxes on the interest income they earned from the accounts last year.
Had a bad year? It could’ve been worse
2022 was marked by soaring inflation and a sinking stock market, but it had some redeeming features, including the fact that increasingly fee-based revenues make it easier for advisory firms to weather such storms.
Ta-ta, TINA! The year in retirement investing
One thing every investor, and especially retirees, could plainly see was that they were making money for practically nothing each month or quarter for the first time in ages.
Fintech challenged by market forces
While most adviser-facing fintechs were spared the pain felt across the wider technology landscape, not everyone escaped the year unscathed.
FTX downfall damaging case for crypto in retirement accounts as Sen. Warren weighs in
The FTX breakdown is convenient for plan fiduciaries who were struggling with the prudence of permitting crypto within an employer-sponsored retirement plan.
Lawmakers, Finra increase scrutiny of cryptocurrency
The regulator has launched an exam sweep of brokerages' communications with customers about digital assets, while the House Financial Services Committee plans to hold a hearing on the FTX bankruptcy.
Crypto space braces for double-edged sword of regulatory oversight in FTX’s wake
While some claim more regulatory clarity could have helped prevent an event like the FTX collapse, others argue new rules take time and might not be what investors are hoping for.
FTX collapse fails to derail investments into crypto funds
Crypto bulls see the sell-off as a buying opportunity and distinguish the offshore platform from regulated funds and U.S.-based platforms.
Fintech Bytes: Crypto collapses, Envestnet eyes custody business, SEI adds UMAs
A roundup of the week's top fintech news, including crypto's collapse, Envestnet's custodian plans and SEI adding UMAs.
FTX is seeking a path to buy Robinhood
The president of the crypto exchange, Sam Bankman-Fried, says that he's 'excited’ about Robinhood’s prospects.
