SBF gets big time over FTX collapse / Navigating the spot bitcoin ETF landscape

Wealthtech Weekly

March 28, 2024

By Brian Wallheimer Editor-in-chief

The saga is over, but the fallout for crypto is still being felt.

It's a big day in the crypto world, with disgraced FTX founder Sam Bankman-Fried facing big prison time for his role in the firm's collapse and the theft of billions of dollars from its customers. Read on below.

In happier news, this newsletter will turn over to our new fintech reporter soon. Join me in welcoming Rachel Witkowski to the FP brand. She started on Wednesday.

Feel free to drop her a line with any news tips or ideas you have. She'll be as happy to hear from you as I have been.

Thanks for reading.

Connect with Brian:

TOP STORIES

Industry News

Bankman-Fried sentenced to 25 years over FTX collapse

The lengthy sentence marks a final chapter in a controversy that has captivated and overshadowed the crypto industry.

Navigating spot bitcoin ETFs, and capturing benefits from more traditional funds
After the SEC approved 11 bitcoin exchange-traded funds in January, clients may have more interest in the asset, but still have plenty of questions and concerns.

Beware, boasters: SEC challenges firms' extravagant AI claims
Regulators contend two firms falsely advertised themselves as the first to apply artificial intelligence to investment recommendations.

Municipal Credit Union brings wealth management to members
The $4.2 billion-asset MCU in New York is working with Ameriprise Financial Institutions Group to connect members with the firm's network of digital advisors and offer investment planning options alongside its traditional products.

U.S. Bank tops Edward Jones, Vanguard and UBS on J.D. Power's client survey; Equitable, TIAA and LPL get lowest scores
The surprise new winner of a closely tracked customer report card surged to the top spot from No. 14 in a year of positive marks reflecting rising stock values.

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