Tether, the world’s biggest stablecoin, has a problem. When the going gets tough, Tether users want out of Tether. What can the company do to change things?

Suggestions that the CFTC is the crypto industry’s “regulator of choice” and more susceptible to capture do not hold up, according to former CFTC Director of Enforcement Aitan Goelman.

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Co-founder Emiliano Grodzki resigned as CEO but will remain a director.

While the FTX debacle has many Ponzi-like characteristics, most cryptocurrencies do not resemble the infamous schemes.

Sam Bankman-Fried said in an affidavit he bought Robinhood shares with funds borrowed from Alameda. The admission throws a wrinkle into a lawsuit from crypto lender BlockFi, which says it

Galaxy will also loan $35 million to Argo as part of the deal.

ALSO: CoinDesk Columnist David Z. Morris’ early soothsaying about the seriousness of the allegations against Sam Bankman-Fried, the former CEO of embattled crypto exchange FTX; bitcoin drifts toward $16.7K.

The collapse of Celsius and FTX led to more than 60% of Midas’ assets under management being withdrawn.

Avraham Eisenberg, the crypto investor whose “highly profitable trading strategy” drained DeFi trading platform Mango Markets of crypto worth $110 million, was arrested Monday in Puerto Rico, court documents said.