Canadian entrepreneur and “Shark Tank” star Kevin O’Leary today slammed crypto exchange Binance—and claimed it caused the collapse of FTX on purpose. Speaking at the Senate Committee on Banking, Housi...
Tag: FTX
Guggenheim’s Minerd Warns of ‘Another Shoe to Drop’ in FTX Fallout
(Bloomberg) — Guggenheim Partners Chief Investment Officer Scott Minerd is warning investors there will be more shakeouts to come following the collapse of crypto exchange FTX as years of easy m...
FTX spox O’Leary says he called SBF and demanded, ‘Where is the money, Sam?’
FTX spokesperson Kevin O’Leary testified before the Senate Banking Committee on Wednesday, discussing the collapse of the cryptocurrency trading platform, and he recalled a conversation he had w...
Will The FTX Crash Kill Crypto?
Sam Bankman-Fried, chief executive officer of FTX Cryptocurrency Derivatives Exchange, listens … [+] during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, ...
Alameda had ‘unfair’ trading advantage, special access to FTX funds: CFTC filing
Court filings continue to shed light on the dubious relationship between FTX and Alameda Research, in which the hedge fund was afforded an “unfair” trading advantage as well as unprecedented access to...
Kevin O’Leary Points Finger At Binance For FTX Crash In Senate Testimony
Topline Shark Tank investor Kevin O’Leary, formerly a spokesperson for the now bankrupt and disgraced cryptocurrency exchange FTX, continued to evangelize about the potential of cryptocurrencies durin...
Kevin O’Leary says Binance put FTX out of business
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Goldman Sachs Plans To Splash Millions Of Dollars Into Crypto Firms After FTX Implosion ⋆ ZyCrypto
Advertisement     Goldman Sachs plans to splash “tens of millions of dollars” on investments or buyouts in crypto firms after the FTX collapse hit last month and suppr...
Kevin O’Leary slams Binance for putting FTX out of business
Kevin O’Leary, star of the television show “Shark Tank,” and former advocate of the now-collapsed FTX cryptocurrency exchange, has delved into the possible reasons that pushed the trading platform out...
Fed Hikes Rates By 0.50 Percentage Points As Inflation Falls
(Photo by Robert Alexander/Getty Images) Getty Images Key Takeaways Inflation was up just 0.1% in the month of November, bringing the headline annual rate to 7.1%, down from 7.7% last month. Today the...
FTX Hearing: Kevin O’Leary Reveals Phone Conversation With Sam Bankman-Fried After Accounts Were Wiped
Shark Tank star Kevin O’Leary has revealed a phone conversation he had with former FTX CEO Sam Bankman-Fried after the crypto exchange lost its customers’ funds. Speaking under oath in front of the U....
FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers
A number of Republican senators were no-shows at the FTX hearing, and the crypto views of Sen. Tim Scott, (R-S.C.), who is set to serve as the committee’s ranking Republican in the next congressional ...
FTX and Alameda Executives Exchanged Sensitive Information in ‘Wirefraud’ Chat Group Prior to Collapse: Report
The executives at the now-collapsed crypto exchange FTX and its trading arm Alameda Research are reportedly exchanging secret information using a Signal chat group called “Wirefraud.” A new report fro...
Bahamian securities regulator slams new FTX CEO over ‘misstatements’
The Securities Commission of Bahamas has slammed FTX’s new CEO for his statements regarding the ongoing investigation into the bankrupt crypto exchange. In a press release sent to Cointelegraph...
FTX May Need To Claw Back $100M From 1,500 Bahamian FTX Accounts
FTX’s granting of a peculiar withdrawal window for Bahamian accounts while the rest of the world was locked out has attracted the attention of the US Congress. Veteran insolvency expert John Ray, who ...
SBF Planned to Blame Everyone Else but Himself for FTX Collapse, Leaked Documents Reveal
Disgraced FTX ex-CEO SBF was planning to blame everyone else except himself in a leaked testimony intended for a Congress hearing. Sam Bankman-Fried (SBF) reportedly planned to blame everyone, but him...
Former FTX CEO Arrested, Binance Trembles
Yesterday was a difficult day for both Binance and the former CEO of FTX. According to data revealed by Nansen, from Monday 12 to Tuesday 13 December it recorded a net volume of outflows of more than ...
Alameda Had a Secret Speed Advantage When Executing Trades at FTX
The Commodities and Futures Trading Commission (CFTC) had alleged that Alameda Research was offered a secret “time advantage” when executing trades at the defunct crypto exchange FTX. The revelation ...
FTX Founder Sent to Prison
The co-founder and former CEO at failed crypto exchange FTX, Sam Bankman-Fried (SBF), was taken into custody by Bahamian authorities. According to recent reports, SBF was taken to one of the worst pri...
FTX Founder and CEO, Sam Bankman-Fried, Arrested In The Bahamas
AFP via Getty Images Key takeaways FTX founder and CEO Sam Bankman-Fried was arrested in the Bahamas Monday; it’s expected he will be extradited to the U.S. The beleaguered CEO is facing at least eigh...
Sam Bankman Fried was denied bail- The Cryptonomist
Following his high-profile arrest yesterday, FTX founder Sam Bankman-Fried was denied bail. The former CEO of the now-bankrupt crypto exchange company will continue to be held in custody by the countr...
SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’ – Bitcoin News
On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release S...
Congressman Tom Emmer alleges SEC Chairman Gensler was aware of FTX fraud
U.S. Congressman Tom Emmer has alleged that SEC Chairman Gary Gensler knew that FTX was fraudulent, but still held meetings with the disgraced founder Sam Bankman-Fried. Recent developments saw Dec. 1...
Citi Downgrades Robinhood Stock to Neutral, Cites FTX Fallout Concerns
Citi downgraded Robinhood Markets (HOOD) stock to ‘Neutral’ from ‘Buy’ due to potential risks from upcoming market structure proposals by the United States SEC, a cautious equity market outlook, and t...
FTX saga: Audited Proof of Reserves is a great welcome, but here’s the risk
Binance, Crypto.com, and KuCoin have released audited Proof of reserves (PoR). The audits followed the same procedure (AUP). The AUP procedure has an inherent risk, e.g. the failure to detect fraud in...
FTX Founder Could Face Over 100 Years in Prison—If Convicted
Founder and former CEO of FTX, Sam Bankman-Fried, was reportedly arrested on Monday, 12th December. The Royal Bahamas Police Force officers arrested SBF following the sealed indictment from the United...
CFTC Reveals Alameda Had “Speed” Advantage On FTX
The US Commodity Futures Trading Commission asserts that Sam Bankman-trading Fried’s firm Alameda Research had a covert speed advantage when processing orders on his now-defunct FTX cryptocurrency exc...
Thailand SEC Warns of Stricter Crypto Regulations Post FTX Fall
Exchange News The protection of investors and the tracking of emerging dangers will be top priorities. Companies were also advised by the agency not to use deceptive or misleading claims. Due to the F...
Justin Sun’s stablecoin USDD quietly loses peg amid FTX chaos
Crypto exchange FTX, trading firm Alameda Research, and news of the hundreds of other companies exposed to their collapse has kept the spotlight off a few floundering projects. Take, for instance, Jus...
FTX CEO John Ray’s Congressional testimony reveals SBF’s poor management
The United States House Committee on Financial Services heard the testimony of John Ray III, the man in charge of cleaning up the mess at the bankrupt crypto exchange FTX. As the new CEO and Chief Res...
FTX Collapse Forces Crypto Regulation Buffs Across the Globe
In two separate statements this week, the finance watchdogs of Hong Kong and Canada warned investors of risks associated with crypto providers. Both are beginning to introduce and expand crypto regula...
FTX CEO Ray Says It’s Impossible To Recoup All Losses
Yesterday’s testimony hearing of new FTX CEO John Ray III to the U.S. House of Representatives Financial Services Committee brought to light some new findings that are not likely to please former cust...