The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay back claims using its “crypto asset securities.” The SEC’s Senior Trial Counsel, Therese Scheuer, has reserved the right to challenge these transactions under federal securities laws. FTX’s Crypto Repayment Plan Faces Potential SEC Challenge The FTX bankruptcy saga is moving […]
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Key TakeawaysJPMorgan estimated bitcoin’s annualized volatility at 55%.Bitcoin’s estimated correlation with U.S. large-cap stocks was 33%.Unstable correlations kept bitcoin outside JPMorgan’s main portfolio models. Bitcoin Forecast Leads Grayscale’s...
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