Was FTX funded by Chinese capital flight?
Did SBF, Alameda, and FTX make its cash through the Kimchi Arbitrage? These curious ties to Chinese entities seem to suggest otherwise.
Did SBF, Alameda, and FTX make its cash through the Kimchi Arbitrage? These curious ties to Chinese entities seem to suggest otherwise.
Tether apparently bought nearly $50M worth of commercial paper from a subsidiary of Masraf Al Rayan, a bank fined $4M by the FCA.
Ethereum has close ties to China and throughout its history has encouraged Chinese developers, miners, and network participants.
Only OSL Exchange and HashKey Pro have been registered by Hong Kong’s Securities and Futures Commission but Huobi and OKX have also applied.
Elliptic says crypto, primarily bitcoin and tether, is a growing payment method for buying fentanyl chemicals from China-based firms.