Direct Loan Canada Blog

US$740M in crypto assets recovered in FTX bankruptcy, a fraction of the missing money

The company tasked with locking down the assets of the failed cryptocurrency exchange FTX said they’ve managed to recover and secure US$740 million in assets so far, a fraction of the potential billions of dollars likely missing from the company’s coffers.
Source: ctv business
US0M in crypto assets recovered in FTX bankruptcy, a fraction of the missing money

Conservative MP's bill to encourage growth in cryptocurrency sector defeated

Conservative MP Michelle Rempel Garner’s private member’s bill calling for a national framework to encourage growth in the cryptocurrency sector was defeated in the House of Commons on Wednesday. Conservative Leader Pierre Poilievre voted in favour of seeing the bill advance.
Source: ctv business
Conservative MP’s bill to encourage growth in cryptocurrency sector defeated