The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn’t been fully forthcoming about those interactions. So, Sens. Elizabeth Warren (D-Mass.) and Chuck Grassley (R-Iowa) are demanding more.
Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF
The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn’t been fully forthcoming about those interactions. So, Sens. Elizabeth Warren (D-Mass.) and Chuck Grassley (R-Iowa) are demanding more.
Ledger vulnerability put entire DApp ecosystem at risk: Finance Redefined
The Ledger connector vulnerability put the entire DeFi ecosystem at risk, with market experts asking users to remain cautious of using DApps even after Ledger released a patch.
LedgerX highlights CFTC regulatory gap in customer asset rules
The new CFTC proposal enhances rules for FCMs and DCOs, mandating high liquidity in customer fund investments.
Ex-FTX Unit LedgerX in Gray Area Beyond CFTC Proposal on Customer Funds: Commissioner
The U.S. Commodity Futures Trading Commission (CFTC) proposed a rule change Friday on how customer funds should be invested by firms the agency oversees – futures commission merchants (FCMs) and derivative clearing organizations (DCOs).
FTX Employees Knew About the Backdoor to Alameda Months Before Collapse: WSJ
The employees flagged their discovery to one of FTX’s director of engineering Nishad Singh but the problem never got fixed.
MIAX completes acquisition of FTX subsidiary LedgerX
The deal was announced in April and approved by the bankruptcy judge on May 4.
Ledger’s Hard Lesson: Being Right Isn’t Good Enough
Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way.
FTX bankruptcy judge approves sale of LedgerX
The judge said he read all the papers and declarations related to the FTX debtors’ motion for the sale of LedgerX and was “satisfied” with the proceedings.
FTX sells LedgerX for $50M to affiliate of Miami-based exchange holding company
The futures and options exchange was purchased by FTX.US in 2021 to expand its spot trading services. Three other FTX assets remain up for sale.
FTX’s LedgerX Derivatives Exchange Sold to Miami International Holdings in Bankruptcy Auction
FTX.US last purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk.
CFTC’s Johnson urges Congress to expand commission’s crypto oversight powers
Commodity Futures Trading Commission Kristin Johnson wants to protect customers in a way that reduces the risk of future crises.
FTX units on auction block draws 117 interested buyers: Court filing
Four businesses up for sale as part of bankruptcy proceedings include Embed, LedgerX, FTX Japan and FTX Europe.
Rostin Behnam points to CFTC-regulated LedgerX as success story amid FTX collapse
“The customer property at LedgerX — the CFTC regulated entity — has remained exactly where it should be, segregated and secure,” said Rostin Behnam in a hearing on FTX’s failures.
Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH
FTT price soared to a new all-time high after FTX exchange added LedgerX to its ever-expanding list of acquisitions and partnerships.
FTX.US acquires Bitcoin derivatives platform LedgerX
FTX.US acquires LedgerX for an undisclosed amount to dive into Bitcoin and Ether futures trading.
CFTC Greenlights LedgerX Request to Move Beyond Digital Currency Products
The federal regulator has approved LedgerX’s amended registration to offer fully collateralized futures and options products.
Bitcoin Options Saw Record Volume of $198M Amid Recent Price Drop
Trading volume records in bitcoin’s options market were smashed on Monday as investors scrambled to hedge their positions amid the selloff.
Bitcoin Options Saw Record Volume of $198M Amid Recent Price Drop
Trading volume records in bitcoin’s options market were smashed on Monday as investors scrambled to hedge their positions amid the selloff.
LedgerX Board Member and Former CFTC Chair Named CEO of Miami Futures Exchange
Former acting CFTC Chairman and LedgerX board member Mark Wetjen is the new CEO at Miami International Futures Exchange, where he will build out its crypto asset and derivatives products.