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Tag: DFPI

The fall of FTX and Sam Bankman-Fried might be good for crypto

“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information,” new...

Weekly Recap: FTX Files for Bankruptcy, Triggering Contagion Across the Lending Industry

Alameda CEO Confesses to Using Customer Funds While SBF May Have Used a ‘Backdoor’ The New York Times reported that Caroline Ellison, the CEO...

California Soliciting Comments on Potential Regulation of Crypto Products and Services

By Jeremy McLaughlin and Christian A. Zazzali On May 4, 2022, California Governor Gavin Newsom issued an executive order on digital...

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