customer

FTX focuses on complete customer reimbursement; suspends revival endeavors

Noah RyptonJan 31, 20243 min read

FTX Abandons Restart Plans and Liquidates Assets to Repay Customers Bankrupt cryptocurrency exchange FTX has made the decision to liquidate its assets in order to repay…

Report: FTX Estate Divests Crypto Holdings, Accumulates Cash to Settle Customer Claims

Daisy HodleyJan 29, 20242 min read

The Bankruptcy Estate of Former Crypto Exchange FTX Selling Crypto Assets to Repay Customers The bankruptcy estate of former cryptocurrency exchange FTX is selling off billions…

FTX Faces Cash Shortage: Selling off Crypto to Fulfill Customer Claims, Cash Reserves at $4.4 Billion

Cino GaperiJan 28, 20242 min read

Understanding FTX’s Financial Strategy FTX’s aim is to strengthen its financial position by utilizing their crypto assets and Bitcoin derivative trades, in order to work towards…

How Effective KYC (Know Your Customer) Practices Strengthen Financial Institutions

Edulia CoinfieldJan 26, 20246 min read

How Effective KYC (Know Your Customer) Practices Strengthen Financial Institutions Cryptocurrency has taken the financial world by storm, revolutionizing the way we conduct transactions and manage…

Settlement of Lawsuit Allows Crypto Lender Abra to Resume Customer Withdrawals

Wyatt NewsonJan 24, 20243 min read

Crypto Lender Abra Reaches Settlement with Texas State Securities Board Crypto lender Abra has reached a tentative settlement with the Texas State Securities Board. According to…

Abra Resolves Issues with Texas Authorities, Allowing Customer Withdrawals

Noah RyptonJan 23, 20242 min read

Abra Reaches Settlement with Texas Securities Regulators Cryptocurrency platform Abra has reached a settlement with Texas securities regulators, allowing users to withdraw their funds and ensuring…

JPMorgan Chase Settles $18 Million Penalty for Imposing Customer Silence on Bank’s Unethical Conduct

Daisy HodleyJan 21, 20242 min read

JPMorgan Chase Fined $18 Million for Suppressing Whistleblowers The U.S. Securities and Exchange Commission (SEC) has announced that JPMorgan Chase will pay an $18 million fine…

Report: JPMorgan Chase Customer Loses $20,000 Due to Exploited ‘Banking Loophole’, Leaving Them Unprotected against Scammers

Daisy HodleyJan 20, 20242 min read

JPMorgan Chase Customer Loses $20,000 in Scam Due to Banking Loophole A customer of JPMorgan Chase in Utah is facing a loss of $20,000 after falling…

Report: JPMorgan Chase Takes No Action as Customer Loses $10,000 in Sophisticated Scam

Daisy HodleyJan 19, 20242 min read

JPMorgan Chase Fails to Address Customer’s $10,000 Scam A JPMorgan Chase customer is left frustrated after the bank refuses to investigate or rectify the theft of…

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