Alameda Research loaded up on tokens before FTX listed them, potentially gaining an advantageous market position as a result, the CEO of Argus said. Whether Alameda subsequently traded those tok...
Tag: FTX
BlockFi has ‘significant exposure’ to FTX, denies talk of majority of assets being custodied at FTX
BlockFi has responded to the controversies surrounding FTX and its reported connection to the embattled cryptocurrency exchange in a recent statement to its users. The crypto firm denied allegations t...
Buterin Dumped 3,000 ETH After FTX Liquidation Announcement
On-chain data reveals that Ethereum co-founder Vitalik Buterin reportedly dumped 3,000 ETH at $1,250.30 on DeFi protocol Uniswap V3 two days ago. Buterin’s transaction history, recorded on Etherscan, ...
CryptoCom Recovered $990 Million from FTX, CEO Says Balance Sheet Strong
Kris Marszalek – CEO of CryptoCom – said his company has a stable balance sheet that presents no risk to customers. He also vowed to disclose an audited proof of reserves in the following weeks and as...
FTX to reorganize, new CEO seeks support from staff during company conference call
FTX’s new CEO John Jay Ray III called on staff to rally together during an all-hands meeting after last week’s bankruptcy protection filing, people who were on the call told The Block. &#...
Crypto asset management firm Ikigai ‘caught up in the FTX collapse’
Crypto asset management firm Ikigai Asset Management is among the companies to get caught up in the FTX collapse as it had a large portion of its assets on the collapsed exchange, according to the fir...
Vitalik Buterin, Samson Mow, and Jimmy Song Weigh in on FTX
In a recent Bitcoin and blockchain conference held in Argentina, crypto leaders opined about what led to the collapse of one of the largest exchanges, FTX. During the panel discussion, while some opin...
SBF tells New York Times that he ‘could be worse’
Former FTX CEO Sam Bankman-Fried told the New York Times that he had numerous regrets over the collapse of the company in a wide-ranging interview on Sunday in which the paper described him as “...
Vitalik Buterin Sold 3000 Ethereum During FTX Hack
Vitalik Buterin, co founder of the Ethereum (ETH) wallet reportedly dumped a huge amount of ETH tokens last weekend. A wallet tracker reported that Vitalik’s dumping transactions took place during the...
Former Huobi-linked entity says it has $18.1 million stuck on FTX
According to a new filing with the Stock Exchange of Hong Kong on Nov. 14, investment holdings company New Huo Technology, formerly known as Huobi Global, has $18.1 million worth of deposits stuck on ...
Crypto Lender BlockFi Updates Users on Platform, FTX Exposure
As for chatter that all or even a majority of BlockFi’s assets were held in custody – and therefore tied up for potentially a long time and perhaps even unrecoverable – the company said that is ...
Huobi’s Unit Provides ‘Unsecured Financing’ to Support Victims of FTX Drama
Vladislav Sopov Journalist and insider Colin Wu shares details of Hong Kong-based unit of Huobi’s plan to cover client losses Contents Huobi’s founder provides $14 million to cover users&#...
Funds With FTX Exposure Have 7% to 12% of AUM Trapped: Report
Between 25% and 40% of cryptocurrency-focused hedge funds had some level of direct exposure to FTX or the exchange’s native token, FTT, according to a new research note. Crypto Fund Research CEO Josh ...
FTX Fallout Continues: Visa Dumps FTX, BlockFi Still Suspended, Crypto.com Skirts a Bank Run
Key Takeaways Visa has announced that it will break off its partnership with FTX following the exchange’s collapse. Elsewhere, BlockFi said that it will continue to suspend withdrawals due to it...
GOP lawmaker donates FTX exec’s campaign contribution
Rep. Kevin Hern, R-Okla., is the latest member of Congress to donate political funds he received from an FTX executive, distancing himself after the troubled crypto exchange filed for bankruptcy prote...
Kraken Freezes FTX and Alameda Accounts, Provides Proof of Reserves
On Nov. 13, the Kraken exchange announced that it has been in contact with law enforcement regarding the accounts held by the bankrupt FTX group. It added that it had frozen any accounts linked to FTX...
FTX Collapse Is a Turning Point for the Industry — ‘Crypto Bottom Is In’ – Exchanges Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has investments in FTX. Following the collapse of the crypto exchange, he said it’s a turning point for the industry, emphasizing that the “crypto bot...
FTX autopsy triggers Hoskinson-Schwartz feud over allegations of SEC corruption
A Twitter spat erupted as Input Output CEO Charles Hoskinson commented over alleged SEC corruption, deriding the claim that the securities regulator singled out Ripple and the XRP token. John E. Deato...
Billionaire Mark Cuban Says FTX ‘Blowup’ Has Little To Do With Crypto – Here’s What He Means
Billionaire entrepreneur Mark Cuban says the recent crypto market cataclysm triggered by the collapse of FTX has more to do with banking failures than crypto itself. The Shark Tank investor tells his ...
Coinbase CEO Brian Armstrong Says Sam Bankman-Fried Probably Committed Fraud, Warns of More FTX Contagion
Coinbase CEO Brian Armstrong is weighing in on the collapse of crypto exchange FTX, saying that the firm’s CEO Sam Bankman-Fried probably committed some form of fraud during the ordeal. In a new inter...
Who is billionaire FTX co-founder Gary Wang and why is he still committing code?
As the crypto exchange FTX unravelled this month, the spotlight has remained firmly on its CEO, Sam Bankman-Fried, who cultivated a public persona as an altruist while lobbying top regulators and poli...
Over $8 Billion Withdrawn From Exchanges Following FTX Collapse
Net exchange outflows have soared in the wake of FTX’s bankruptcy, inciting crypto holders everywhere to look after their own digital assets. Data from on-chain analysis firm CryptoQuant shows that o...
Goldman Sachs Reduces Coinbase Price Target to $41 Following FTX Crash
Goldman asserts that although there is a reduction in the Coinbase price target, the exchange remains insulated against the FTX fallout. Goldman Sachs recently cut the price target of crypto exchange ...
Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX – Bitcoin News
After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majori...
Manhattan District Attorney’s Office probes FTX collapse: Report
Prosecutors with the United States attorney’s office in the Manhattan district of New York have reportedly begun investigating the fall of crypto exchange FTX. According to a Nov. 14 report from Reute...
FTX Fraud: Who Are Sam Bankman-Fried’s Biggest Victims?
Key Takeaways The collapse of FTX is already going down as one of the most severe crypto-related frauds in history. Over the course of a week, Sam Bankman-Fried’s carefully-curated empire was sh...
As FTX Loses Sponsorship Deals, Crypto.com Could be Next
With the collapse of FTX, their stadium naming rights have voided, which could have implications for other crypto sporting sponsorships. Sam Bankman-Fried’s cryptocurrency exchange became one of the m...
FTX collapse brings in regulators
Regulators are scrutinising the crypto space with even more of a keen eye after the FTX bankruptcy. How could this impact Ethereum? The FTX debacle has brought crypto firmly under the regulatory micro...
Visa announces a new update to its FTX partnership
Visa has announced an update to the company’s recent partnership with embattled crypto exchange FTX. According to a statement from the payments platform, all forms of partnership with the exchange hav...
Kevin O’Leary Says Comments From Gensler Killed His Attempts to Help Save FTX
Venture capitalist Kevin O’Leary said he was looking to throw FTX a lifeline hours before the crypto exchange filed for bankruptcy, only to be thwarted by comments from U.S. Securities and Exchange Co...