Filing: crypto exchange FTX US is under investigation by Texas’ securities regulator over allegations it offers unregistered yield-bearing securities products (Nikhilesh De/CoinDesk)

Bloomberg:
Internal FTX documentation shows a GitHub account bearing the name of engineering director Nishad Singh authored code to hide Alameda’s ballooning liabilities  —  A GitHub account bearing the name of former FTX executive Nishad Singh authored code that hid Alameda Research’s ballooning liabilities …

Jeremy Hill / Bloomberg:
A US bankruptcy judge orders Celsius to return ~$50M crypto deposits in non-interest bearing custody accounts, pending a decision on interest-bearing accounts  —  US Bankruptcy Judge Martin Glenn ordered Celsius Network LLC to return cryptocurrency that never touched the lender’s interest-bearing accounts to its customers.

Nikhilesh De / CoinDesk:
The Securities Commission of the Bahamas says it didn’t order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX’s statement  —  FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators’ request.  —  Crypto exchange FTX was not required …

Nikhilesh De / CoinDesk:
Coinbase requests to file an amicus brief to support Ripple’s case against the US SEC, which sued Ripple for allegedly selling XRP as an unregistered security  —  The crypto exchange joins a trade group and other groups in arguing the SEC’s case threatens the broader industry.

Nikhilesh De / CoinDesk:
Filing: Vermont says Celsius CEO Alex Mashinsky repeatedly misled investors about the lender’s finances and used its own CEL token to bolster its balance sheet  —  The crypto lender admitted in a recent creditor call that it could not earn enough revenue to support its yields, the Vermont Department of Financial Regulation said.

Amitoj Singh / CoinDesk:
Binance-linked crypto exchange WazirX says India’s Enforcement Directorate has “unfrozen” or restarted its bank account; the ED raided its office on August 5  —  The account was frozen in relation to the “illegal loan apps” scam investigation, which has come under the national spotlight.