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Crypto Law

Knockoff Lotions, Weight Loss Drugs, Chinese News Sites: Inside Alameda’s Investment

In the months preceding FTX’s spectacular demise, reports revealed that the crypto exchange secretly diverted some $4 billion in company funds to prop up its struggling sister trading firm, Alameda Research. Now, a clearer—and stranger—picture is starting to form of where that money may have gone. On Tuesday, the Financial Times detailed some…
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CFPB Investigates Crypto Lender

Related Practices & Jurisdictions Tuesday, December 6, 2022 On December 1, 2022, the Consumer Financial Protection Bureau (Bureau) made public an administrative order denying Nexo Financial LLC’s (Nexo) petition to modify the Bureau’s civil investigative demand.  The order represents the first…
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