FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy.
As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after getting married and receiving permanent residency.
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short-sellers, potentially involving Alameda Research.
A proposed U.S. national defense bill could subject stablecoins issuers to Know Your Customer and Anti-Money Laundering requirements they would be unable to comply with, says Berenberg analyst Mark Palmer.