Tag: FTX

FTX Dubai
March 15, 2022 BY Steffy Bogdanova

FTX Europe obtains license to operate Virtual Asset Exchange in Dubai

FTX CEO, Sam Bankman-Fried, commented: FTX is proud to be the first licensee under Dubai's prudential supervision regime. It's an honor to be one of the first approved applicants in such a specialised category and we are excited to be able to introduce complex crypto-derivatives products with centralised counterparty clearing to institutional markets. FTX receiving…

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March 07, 2022 BY Steffy Bogdanova

Crypto exchange FTX secures CySEC approval to operate in Europe

Currently headquartered in Switzerland, FTX Europe has an additional regional headquarter in Cyprus. The company noted that it will devote “significant resources” in developing strong relationship with the regulatory authorities. Patrick Gruhn, Head of FTX Europe, concluded: We're excited to bring FTX's innovative offerings to the European markets and that CySEC officially approved our domain.…

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FTX acquires Liquid
February 02, 2022 BY Steffy Bogdanova

FTX acquires fintech firm Liquid

Quoine integration Following Liquid’s acquisition by the FTX, Quoine will integrate FTX's products and services into its own offering, according to the official announcement. FTX's existing Japanese customers will be migrated to Quoine's platform. FTX has also agreed to provide Liquid’s existing Japanese users with services in compliance with Japanese laws. From 30 March 2022…

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FTX vexed by futures manipulation lawsuit for ‘sparking cascade of trades’
November 06, 2019 BY Valentina Kirilova

FTX vexed by futures manipulation lawsuit for ‘sparking cascade of trades’

FTX, a cryptocurrency derivatives exchange owned by Alameda Research, is facing a $150 million lawsuit over deceptive market manipulation tactics on the Binance exchange, while also being accused of selling unlicensed securities in the U.S. The plaintiff, Bitcoin Manipulation Abatement LLC, is already making a name for itself, due to this litigation, which demands $150…

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