Bakkt’s Former CEO Liquidates All Holdings After Insider Trading Accusations

Bakkt’s Former CEO Liquidates All Holdings After Insider Trading Accusations

The former CEO of crypto options contracts regulator Bakkt, Senator Kelly Loeffler, will now liquidate all of her holdings. This comes after increasing scrutiny of Loeffler over allegations of insider trading relating to the COVID-19 pandemic. Kelly Loeffler is facing heavy criticism over insider trading allegations This news first came in a tweet on April … Continue reading Bakkt’s Former CEO Liquidates All Holdings After Insider Trading Accusations

Georgia Governor Appoints Bakkt’s CEO to US Senate Seat

Georgia Governor Appoints Bakkt’s CEO to US Senate Seat

It would appear that Bitcoin has taken another step towards more favorable regulatory recognition  in the US. Namely, the CEO of the institutional Bitcoin futures platform Bakkt has just been nominated to become a United States Senator. Bakkt’s CEO appointed to US Senate seat This news came in a fresh report by the Washington Post. … Continue reading Georgia Governor Appoints Bakkt’s CEO to US Senate Seat

Bitcoin Futures Launch on Bakkt, 56 BTC in Volume So Far

The Intercontinental Exchange (ICE) has now begun to launch its much-awaited futures platform Bakkt. Furthermore, reports are now suggesting that a full 56 Bitcoin in volume was recorded during the platform’s first operation day. Bakkt records 58 BTC in volume To be specific, the first futures contracts – which are the first futures contracts to … Continue reading Bitcoin Futures Launch on Bakkt, 56 BTC in Volume So Far

Bakkt Announces Massive $125 Million Insurance Policy for Bitcoin Deposits

A fresh statement from Bakkt reveals a substantial new insurance policy for Bitcoin deposits. According to Bakkt, all the Bitcoin in deposit at the Bakkt Warehouse is now under protection by a $125 million insurance. This comes as Bakkt is preparing to launch futures products this month. Bakkt reveals $125 million insurance for “Bakkt Warehouse” … Continue reading Bakkt Announces Massive $125 Million Insurance Policy for Bitcoin Deposits