Tag: investor protection

PROOF Act Gains Momentum as FTX Pursues Asset Recovery

PROOF Act Gains Momentum as FTX Pursues Asset Recovery

Among these efforts, US Senators Elizabeth Warren and Josh Hawley have introduced the PROOF Act, a legislative initiative specifically aimed at regulating cryptocurrency exchanges. The change comes after the very collapse of FTX and is meant to keep such events from happening again. Under the legislation, crypto exchanges would have...

FTX's Token Recovery A Necessary Evil For Market Stability?

FTX's Token Recovery A Necessary Evil For Market Stability?

The crypto world is exploding again. https://t.co/0639YVYMfj pic.twitter.com/6WYHsy0xi9 This time, it’s different—not just meme coins and the latest celebrity NFT drops. Now it’s FTX, reanimated from the dead (kinda), suing NFT Star and Delysium to try and regain some tokens. Is this the cynical move of a cold, calculating, bankrupt...

Bitcoin's Dip Exposes the Urgent Need for Crypto Regulation

Bitcoin's Dip Exposes the Urgent Need for Crypto Regulation

We all have a friend who got crypto dipped. Maybe it’s just that a friend invested their life savings in a meme coin. Or perhaps a loved one fell prey to an elaborate investment fraud that guaranteed phony profits. These aren't isolated incidents; they're symptoms of a larger problem: the...