The world-famous cryptocurrency exchange platform FTX increased its revenue by more than 1,000% during 2021, from $89 million to $1020 million, according to company financial documents leaked to news ...
Tag: FTX
FDIC writes FTX, and four others over misrepresentation
Five companies, their top officials, and their staff have landed in the troubled waters of the Federal Deposit Insurance Corporation (FDIC). The FDIC has warned the companies to disembark from making ...
Financial Regulator Slaps Crypto Exchange FTX US With Cease-and-Desist Letter Over ‘False’ Statements
The Federal Deposit Insurance Corporation (FDIC) is hitting crypto exchange giant FTX.US with a cease-and-desist order over allegedly making false statements. According to a new press release issued b...
FTX grew revenue 1,000% during the crypto craze: Leaked financials
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, o...
FDIC Calls Out FTX US, Other Crypto Firms to Stop Misleading Users About Deposit Protection
The Federal Deposit Insurance Corporation (FDIC), a US government agency tasked with stabilizing the financial system in the event of bank failures, on Friday issued five cease-and-desist letters dema...
FTX Is Spreading False Statements About Crypto Products, FDIC Says
FTX US received a cease-and-desist warning from the United States Federal Deposit Insurance Corporation on Friday, telling the crypto exchange to stop issuing “false” statements and “misleading” consu...
FTX CEO Clarifies Misinterpreted Claims of FTX.US Being FDIC Insured
FTX founder Sam Bankman-Fried has denied that the exchange has FDIC insurance while apologizing for any information that might have been misinterpreted to mean FTX.US is FDIC-insured. In an August 19 ...
Aztec Network Finally Speaks on FTX User Ban
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FTX blocks Aztec Network privacy DApp, calling it a ‘high risk’ mixer
FTX has reportedly begun blocking accounts that have sent coins through zk.money, a private layer-2 chain provided by the Aztec Network on Ethereum. According to Twitter users, FTX has identified the ...
FTX CEO Sam Bankman-Fried Backs US Crypto Derivatives
Exchange News First launched in 2019 as a derivatives exchange, FTX has since branched out. The cryptocurrency exchange completed the purchase of Ledger Holding in 2021. FTX CEO Sam Bankman-Fried insi...
FTX US among 5 companies to receive cease and desist letters from FDIC
The Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five companies for allegedly making false representations about deposit insurance related to cryptocurrencies. F...
FTX Freezes Privacy Platform ‘Aztec Networks’ Accounts
Exchange News Aztec claims it has made improvements to discourage money laundering. This caution follows the United States government’s contentious decision. On Friday, Aztec Network, an Ethereum-base...
FDIC Scrutinizes FTX U.S Over Deposit Insurance Claims
49 seconds ago | 2 mins read Exchange News The FDIC demanded taking down any content implying FDIC-insured. The FDIC requested that they refrain from making any additional such representations. Today,...
FDIC Warns Sam Bankman-Fried-Led FTX Over Misleading Claims
The US Federal Deposit Insurance Corporation issued warning letters to FTX and four other crypto firms. The letters from the FDIC demanded that the exchange stop making false claims about deposit ins...
Aztec responds to claims FTX froze user funds for interacting with the protocol
CryptoSlate reported that FTX had frozen user accounts because they interacted with Aztec Network. Aztec has now responded to the claims by reiterating its core values and confirming that it “will not...
FTX US Spread False or Misleading Statements About FDIC-insured Products, Regulator Says
On August 19, The Federal Deposit Insurance Corporation (FDIC) issued various cease and desist letters to five cryptocurrency companies including FTX US, owned by the crypto billionaire Sam Bankman-Fr...
FTX backtracks on FDIC insurance but fails to delete all references
Following the demands from the FDIC for FTX to cease making misleading statements about FDIC insurance, FTX CEO Sam Bankman-Fried took to Twitter to undertake crisis management. SBF stated that the me...
FDIC Accuses FTX US of Making Misleading Statements
Harrison tweeted on July 20 that “direct deposits from employers to FTX US are stored in individually FDIC-insured bank accounts in the users’ names” FTX is also falsely identified as an FDIC-insured ...
FTX users complain about fund freezes after interacting with privacy protocol Aztec Network
FTX has allegedly warned users against interacting with high-risk services as complaints surfaced that the exchange is blocking accounts that interacted with zk money on the Aztec network. Chinese jou...
FDIC Orders Crypto Exchange FTX US, 4 Others to Cease ‘Misleading’ Claims
“These statements appear to contain false and misleading representations that uninsured products are insured by the FDIC, as well as false and misleading statements about the extent and manner o...
Crypto firm FTX receives cease and desist from FDIC about insurance
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, o...
Udonis Haslem Partners With FTX To Support Local Businesses
19-year NBA veteran Udonis Haslem partnered with FTX to award two $50,000 small-business grants … [+] earlier this week. Photo courtesy of the Udonis Haslem Foundation Earlier this week, Miami H...
FTX Flags More Privacy Tools After Tornado Cash Sanctions
FTX warned users against interacting with Aztec addresses, screenshots on Twitter showed The move comes after mixing service Tornado Cash was sanctioned over allegations of money laundering FTX appear...
Coinbase Executive Explains Why the US-Based Crypto Exchange Will Beat Out Competition Like Binance, FTX
Coinbase chief product officer Surojit Chatterjee says he’s confident his exchange can beat out its top competitors. In a new interview on the Unchained Podcast, Chatterjee says competition is good fo...
FTX CEO Sam Bankman-Fried Names Use Cases That Give Crypto the ‘Bulk of Its Power’
Crypto billionaire Sam Bankman-Fried is unveiling the most impactful use cases of crypto and blockchain technology. In a new interview on the Point Forward podcast with NBA star Andre Iguodala, the FT...
FTX collaborates with Paradigm to unveil crypto futures spread trading
FTX, a popular crypto derivatives exchange, has partnered with a liquidity investment venture, Paradigm. The exchange confirmed the development in a release on its official handle. Both firms will col...
Crypto.com, Binance.us, and FTX August 2022 Crypto Offers – crypto.news
Many crypto exchanges are offering people chances to earn money for free. Some of the platforms that have crypto offers for this month are Crypto.com, FTX, and Binance.us. If a trader learns to levera...
FTX and Parading Collaboration Towards Launching Spread Trading
Banahmian cryptocurrency exchange FTX and prominent crypto investment firm Parading reportedly came together regarding a significant goal. The collaboration came in the wake of fulfilling the ai...
Crypto Winter Is ‘Starting To Thaw’ – FTX US President
FTX Price at the time of writing – $31.34 Harrison was also asked to comment on the layoffs announced by rival exchanges Coinbase Prime will provide crypto trading In a new meeting, Brett Harrison, wh...
FTX Token Price analysis: The upcoming bullish dominance could bring new hopes for the investors
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FTX partners with Paradigm for “one-click” trading with “no leg risk”
FTX has partnered with Paradigm. Through the partnership, Paradigm will offer spread trading. The blog post published by Paradigm also added that users would have access to “one-click” trading with ze...