Shortly after FTX filed for bankruptcy, about $372 million worth of tokens were stolen from the exchange by an unknown actor thought to be an external hacker. Given media reports of a cyberattack on FTX, and possible looting of FTX-controlled wallets by former employees, the Commission said in its media statement it “determined that there was a significant risk of imminent dissipation as to the digital assets under the custody or control of [FTX] to the prejudice of its customers and creditors.”
Banking Giant Morgan Stanley Considers Allowing Solicited Purchases for Bitcoin ETFs
American multinational investment bank Morgan Stanley could potentially allow 15,000 brokers to solicit client purchases for Bitcoin exchange-traded funds, according to...