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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On January 19, the Federal Court of Appeals for the Third Circuit ordered the bankruptcy court adjudicating the bankruptcy of FTX to appoint an examiner to investigate the collapse of the digital asset exchange. For more information, click here. For more information, click here. For more information, click here.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

for allegedly engaging in a pump-and-dump scheme regarding a crypto-asset security named “Dignity,” which Arbitrade and Cryptobontix falsely represented to investors was backed by $10 billion in gold bullion the entities obtained through a purchase transaction. and Cryptobontix, Inc. For more information, click here. On September 29, U.S.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

In November 2022, Genesis announced that it will prohibit retail investors from withdrawing their cryptocurrency deposits from Gemini Earn accounts due to liquidity risks. On January 10, the FTC announced that it will send payments totaling more than $2.9 For more information, click here. For more information, click here.