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What happened to crypto exchanges after FTX collapse?

Crypto exchanges, lending platforms and token issuers quickly became top priorities for the Securities and Exchange Commission, with a flurry of enforcement activity following the collapse of FTX.

What's going on with the FTX & SEC Bill?

Democrats and Republicans locked horns today at a mark-up hearing on yet another bill aimed at creating new regulations around digital assets, and familiar wounds tied to the SEC and failed exchange FTX loomed large over the debate.

Who are former FTX executives pleaded guilty to federal charges?

Former FTX executives, including top lieutenants Caroline Ellison, Gary Wang, and Nishad Singh have all pleaded guilty to federal charges. They are cooperating with the government’s prosecution against Bankman-Fried. Bankman-Fried is expected to face trial later this year.

What happened to SBF after FTX collapse?

However, the 48-hour demise of FTX left his reputation in tatters. SBF took a massive personal financial hit from the firm’s collapse, with his entire $16 billion fortune wiped out, according to Bloomberg, marking one of the greatest destructions of wealth in history. At the peak of his fortune, the 31-year-old had a net worth of $26 billion.

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