CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, attorney Charlie Gerstein offers legal perspective on the FTX collapse and whether customers will ever see their money again.
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Podcast: SBF Claims FTX Was Minutes from Making Customers Whole, Crypto Billionaire Dies in Crash | CoinMarketCapDon't forget to listen to today's CMC's Podcast while you're on the way! 😉 Today's news includes: BlockFi reveals, SBF's denial, a crypto billionaire killed in a helicopter crash & more 👇
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FTX crypto collapse: Ex-CEO Sam Bankman-Fried denies 'improper use' of customer fundsNASSAU, THE BAHAMAS — Sam Bankman-Fried, the embattled former CEO of cryptocurrency giant FTX and trading firm Alameda Research, told ABC News he was ultimately responsible for the downfall of both companies, but denied that he knew 'that there was any improper use of customer funds.'
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UK's Crypto Agenda Won't Be Derailed by FTX Collapse, Minister SaysU.K. Treasury Minister griffitha said the collapse of FTX_Official won't put the country off its plan of becoming a global hub for the crypto industry. camomileshumba reports.
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U.S. Senate Is Still Confused About How to Regulate Crypto After FTX CollapseProposed bills in Congress would give the CFTC more ability to regulate crypto, but the CFTC chair said bitcoin may be the only token considered a 'commodity.'
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We could use crypto regulation after FTX — But let's start with basic definitionsCongress should start by addressing what cryptocurrencies are securities and what are commodities.
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