The bad news continues in crypto, almost entirely from firms with money-transmitter licenses… Wyre bit the dust. Rumor is that they were offering such...
BLOGS
Thought Leadership from Fortress
Auditors Flee Crypto Exchanges
This week we saw Armanino, one of the top-25 accounting firms in the US, terminate their crypto audit practice. And Mazars, the French accounting firm, dropped...
Exchange Run – explained
My thoughts on recent events in crypto… What’s a ‘bank run’? When you log on to your bank account, you see you have $100...
State Regulatory Exams Commence
Last week, in the wake of FTX, Genesis, Gemini, and others, my trust company received notice of regulatory examination by one of the many...
The Crypto Chaos Survival Guide
It’s been a busy week in the world of crypto, and you’re likely hearing a lot from crypto, blockchain, and Web3 companies about how...
FTX – Why? Who’s Next?
FTX today. Celsius and BlockFi yesterday. Why? Will there be more? Yes. First the “why?”, then I’ll discuss “who’s next?” (yes, there will be more). Why?...
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