The Crypto Advisor

The SEC Backs Out of Salt Lake City After Disastrous Crypto Lawsuit

The SEC backs out of Salt Lake City after disastrous crypto lawsuit results in $1.8 million penalty, citing ‘significant attrition’.

FTX Will Return Money to Most Customers Less Than 2 Years After Catastrophic Crypto Collapse

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded.

Robinhood Gets New Legal Threat From SEC as Crypto Crackdown Continues

Robinhood said it received a SEC warning that the trading platform could face an enforcement action related to its US crypto business.

Grayscale Bitcoin Trust's Shares Jump After First Inflow Since January

Shares of Grayscale Bitcoin Trust jumped 2.4% after the ETF that tracks the price of bitcoin saw its first day of inflow since January.

Goldman Sachs Clients Not Interested in Crypto, Says Chief Investment Officer: WSJ

Goldman Sachs, one of the few Wall Street banks to do so, isn’t backing away from its negative stance against crypto, as it doesn’t see value in it.

Sam Bankman-Fried Sentenced to 25 Years in Prison

Sam Bankman-Fried, once a prominent figure in the cryptocurrency world, faced the consequences of his actions in a decisive legal ruling.

‘Old-Fashioned Embezzlement’: Where Did All of FTX’s Money Go?

Sam Bankman-Fried, former CEO of the bankrupt cryptocurrency exchange FTX, presided over a collapse that cost his customers billions of dollars.