Include state in FTX

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How to Include state in FTX

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ALERT. A TEXAS STATE REGULATOR IS INVESTING THE CRYPTO EXCHANGE FTX. THE BOARD IS LOOKING INTO WHETHER IT OFFERED UNREGISTERED SECURITIES THROUGH THE YIELD-BEARING ACCOUNTS, WHICH OFFER AS MUCH AS 8%. FTX SAYING IN A STATEMENT WE HAVE BEEN IN TALKS WITH THE TEXAS STATE REGULATOR FOR A WHILE AND WE HAVE AN ACTIVE APPLICATION FOR A LICENSE, WHICH HAS BEEN PENDING THEY GO ON TO SAY WE BELIEVE WERE RA OPERATING WITHIN THE BOUNDS AND THEY ALSO MENTIONED VOYAGER. WE ARE WORKING EXCEPTIONAL HARD TO ENSURE VOYAGER CUSTOMERS GET THE BEST POSSIBLE OUTCOME. THIS GOES BACK TO A BANKRUPTCY FILING BY VOYAGER. THE STATE REGULATOR APPOINTS TO SOME OF THE ACCOUNTS AT FTX, LOOKING SIMILAR TO THOSE OFFERED BY VOYAGER VOYAGER IS SELLING ITS ASSETS TO FTX FOR ABOUT A BILLION. THIS HAS B

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What is the issue with FTX?

FTX and FTX.US crashed due to a lack of liquidity and mismanagement of funds, followed by a large volume of withdrawals from rattled investors. The value of FTT plummeted, taking other coins down with it including Ethereum and Bitcoin, which docHubed a two-year low as of Nov. 9.

Why cant Americans use FTX?

FTX.com was an offshore exchange not regulated by the SEC, Armstrong wrote. The problem is that the SEC failed to create regulatory clarity here in the US, so many American investors (and 95% of trading activity) went offshore.

Can FTX be trusted?

Is FTX Exchange Legit? Since 2019, FTX has been a legit crypto exchange platform. It is used by millions of users around the world. It is regulated by the Hong Kong financial authority.

Is FTX being investigated?

(FTX), the crypto trading platform of which he was the CEO and co-founder. Investigations as to other securities law violations and into other entities and persons relating to the alleged misconduct are ongoing.

What is the controversy about FTX?

By Nov. 11, 2022, FTXs CEO stepped down and the company filed for bankruptcy. In the hours following, FTX experienced a possible hack in which hundreds of millions worth of s were stolen. FTX founder and ex-CEO Sam Bankman-Fried was arrested in the Bahamas and extradited to the U.S. in late December.

Why is FTX being investigated?

The charges in the indictment arise from an alleged wide-ranging scheme by Bankman-Fried to misappropriate billions of dollars of customer funds deposited with FTX, the international cryptocurrency exchange founded by Bankman-Fried, and mislead investors and lenders to FTX and to Alameda Research, the cryptocurrency

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