Messaging History Is Damaging in the CFTC Lawsuit Against the Former CCO of Binance
Crypto companies can rely on the credibility provided by a seasoned and powerful CCO to fight off the increased regulatory scrutiny of the previous year. Investigators are examining these companies’ compliance policies and processes to make sure they adhere to all necessary regulations. So doing this might entail getting rid of the subject that is on…
Uncertainty Pervades as the Fed Weighs Raising Interest Rates
The Federal Reserve’s decision to increase its benchmark policy rate is still uncertain among traders and economists after new moves by the world’s leading central banks to ease banking pressures and the repercussions from the acquisition of Credit Suisse left markets on alert. March marks the start of the U.S. central bank’s two-day policy conference, during which decision-makers…
More Than $1 Billion Is Lost on a Credit Suisse Investment by Saudi National Bank
Saudi National Bank is suffering significant losses as a result of UBS’s forced acquisition of Credit Suisse for $3.2 billion. The biggest shareholder in Credit Suisse, Saudi National Bank, said CNBC had suffered a capital loss of over 80%. The bank with headquarters in Riyadh currently owns 9.9% of Credit Suisse after investing $1.5 billion…