Digital Currency November 30, 2022
As FTX Burned, Lawmakers Said to Be Dithering Over Regulator
The central debate about regulation of cryptocurrencies is whether they are securities or commodities.
Digital Currency November 28, 2022
Crypto Lender BlockFi Files for Bankruptcy in Aftermath of FTX
Valued at $3 billion in March 2021, BlockFi looked to raise money at a reduced valuation of about $1 billion in June.
Digital Currency November 23, 2022
Thinking of Putting Crypto in Your 401(k)? Think Twice
Crypto is a uniquely perilous investment for families struggling to husband their resources for retirement.
Digital Currency November 22, 2022
‘Substantial Amount’ of FTX Assets are Either Stolen or Missing, Attorney Says
“Unfortunately, the FTX debtors were not particularly well run, and that is an understatement,” said James Bromley.
Payroll November 22, 2022
As Inflation Boils, Millennials and Gen Z Face Holiday Spending Pressure
Nearly a third of those younger shoppers say the upcoming holiday season will strain their budgets.
Accounting November 22, 2022
Institute of Internal Auditors to Hold Technology Trends Virtual Conference on Dec. 8
The IIA’s Technology Trends Conference is designed to help internal auditors of all levels stay ahead of critical technology issues through a ...
Digital Currency November 18, 2022
FTX Users Can’t Count on Help From the IRS
When market investors suffer losses, they’re often eligible for a tax write-off to soften the blow. FTX users won’t be so lucky.
Accounting November 17, 2022
Lawsuit Filed Against FTX and Promoters, Including Tom Brady and Shaq
The civil lawsuit filed in Miami federal court is far from the only legal problem for the Bahamas-based company, whose filing for bankruptcy has shaken the cryptocurrency markets.
Firm Management November 15, 2022
Grant Thornton Launches empower.x
Grant Thornton developed empower.x using its alyx digital platform. The alyx platform is a concierge-enabled system that pairs subject-matter specialists...
Digital Currency November 15, 2022
Steph Curry Could ‘Lose Big’ From FTX Collapse
Celebrity brand ambassadors for FTX could be questioned about their role in promoting such a risky investment.
Digital Currency November 14, 2022
FTX Debacle Shows Need for Crypto Regulation, Yellen Says
The Chapter 11 bankruptcy protection filing by FTX has rattled a crypto market beset by months of price declines.
Digital Currency November 11, 2022
Cryptocurrencies Extend Losses as FTX Commences U.S. Bankruptcy
FTX founder Sam Bankman-Fried also resigned as chief executive officer this morning.