Jill Sommers joins FTX US board of directors
Former Commodities and Futures Trading Commissions (CFTC) commissioner Jill Sommers is the latest addition to the crypto exchange FTX subsidiary’s board of directors. The board of directors for FTX US Derivatives now includes Jill Sommers, a former commissioner at the US Commodity Futures Trading Commission. The derivatives division of cryptocurrency exchange FTX US announced Sommers’ […]
Regulator: FTX US spreads False Statement about FDIC-insured Products
For disseminating false or misleading information, the FDIC wrote cease and desist letters to FTX and other cryptocurrency companies. Five cryptocurrency companies, including FTX US owned by crypto billionaire Sam Bankman-Fried, as well as the news sites FDICCrypto.com, Cryptonews.com, Cryptosec.info, and SmartAsset.com received cease and desist letters from the Federal Deposit Insurance Corporation (FDIC) on […]
FTX.US’s NFT marketplace now supports Solana based tokens
FTX.US’s NFT marketplace has expanded support to the Solana Blockchain, allowing users to trade, deposit, and withdraw nonfungibles with plans to integrate Ethereum tokens soon. On Oct. 11, the FTX U.S. registered branch announced the enhanced functionality , disclosing that the marketplace will soon support Ethereum-based tokens. The marketplace is open to both U.S. and […]
FTX.US acquires LedgerX crypto derivatives platform
FTX.US subsidiary acquires LedgerX Bitcoin derivative platform for an undisclosed amount this is in a bid to dive into Bitcoin and Ether futures trading. West Realm Shire Services, the owner of FTX.US, stated on Tuesday that it has completed a sale-and-purchase deal to buy LedgerX’s parent business, Ledger Holdings. The deal is expected to close, […]