In this episode of The Scoop, Cowen Digital managing director and head Drew Forman explains how the crypto industry can rebuild in the wake of FTX’s meltdown, as well as what it will take to repair trust in the space among institutional investors.
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Lawmakers who benefited from FTX cash set to probe its collapseCongress is launching its official response to the collapse of cryptocurrency giant FTX on Thursday, as investors and investigators struggle to understand the shocking implosion three weeks ago of one of the largest crypto exchanges in the world.
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'I was responsible' says former crypto CEO after bankruptcy - CNN VideoThe founder of the crypto exchange FTX, Samuel Bankman-Fried, says his estimated wealth of $26 billion has fallen to $100,000 in the last month since filing for bankruptcy. The collapse of FTX is under investigation. For more on this story, watch here:
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Bankman-Fried-backed bill to feature in Congress' first FTX hearingDon't expect the bill that thrust Sam Bankman-Fried into controversy to become law this year, though crypto legislation has momentum in Washington.
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FTX blowout puts CFTC head in crosshairsAttention has turned to Commodity Futures Trading Commission Chairman Rostin Behnam amid the collapse of FTX as he prepares to face lawmakers Thursday.
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Decentralized crypto exchange volumes nearly double in November amid FTX debacleCEX trading volumes rose by 23.7% in November, while DEX volumes jumped 93.2%.
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