U.S. authorities charged disgraced former FTX CEO Sam Bankman-Fried with fraud a month after the crypto exchange he founded filed for bankruptcy protection. An eight-count indictment from the U....
Tag: FTX
Bahamian Government Officials Allegedly Asked SBF to Mint Millions of Dollars in New Tokens Amid the FTX Collapse – Bitcoin News
On Monday, court documents from lawyers involved with the FTX Trading LTD Chapter 11 bankruptcy case allege that the government of The Bahamas asked the disgraced FTX co-founder Sam Bankman-Fried (SBF...
Sam Bankman-Fried and other FTX staff allegedly had ‘Wirefraud’ chat group
Photograph: Saul Loeb/AFP/Getty Images Sam Bankman-Fried and other members of the inner circle of the collapsed cryptocurrency exchange FTX allegedly formed a chat group on the encrypted platform Sign...
FUD or Fact? Binance Rumors, Analyzed
As some have called into question the health of crypto exchange Binance by criticizing its latest proof-of-reserves report and pointing to recent withdrawals, the firm has shot back against what it ca...
The FTX money trail: Bankruptcy lawyers shift attention to these FTX donees
If guilty, several representatives that accepted donations from FTX would be forced to return them SBF’s personal donation amounted to $40 million as per reports It has been a little over a month sin...
SBF Seeks A Chance At Redemption To Repay FTX Victims
The crypto community was left shell-shocked in November 2022 when FTX – one of the leading crypto exchange platforms, filed for bankruptcy. Pessimism towards crypto is at an all-time high, with famous...
Canada bans crypto leverage and margin trading after FTX collapse
Authorities in Canada are taking measures to better protect Canadian cryptocurrency investors in the aftermath of the FTX collapse and the spreading contagion. The Canadian Securities Administrators (...
Silvergate Shares Drop to Fresh 2-Year Low Amid FTX Testimony
“Traders don’t want to hold Silvergate Capital this week as fears that any testimony from FTX could be damning,” said Edward Moya, senior market analyst of the Americas at Oanda. “Lawmakers are ...
FTX execs had ‘free rein’ over exchange, Alameda, CEO Ray says
Sam Bankman-Fried and his top lieutenants had “free rein” over failed crypto exchange FTX and its sister trading firm, Alameda Research, the new FTX CEO said in a congressional hearing. Testify...
FTX Ever-Lasting Stain on Crypto Takes a Toll on Binance Coin (BNB) Price
The Binance Coin (BNB) price is trading inside a crucial support area, but technical indicator readings are entirely neutral. BNB is the native token of the Binance Exchange. It is used to receive a d...
Sam Bankman-Fried Charged With Eight Criminal Counts—Including Wire Fraud And Campaign Finance Violations
Topline U.S. prosecutors unsealed eight criminal counts against Sam Bankman-Fried on Tuesday, charging the former FTX boss and one-time cryptocurrency billionaire with wire fraud, money laundering and...
Bahamian regulator rejects new FTX CEO’s bankruptcy coordination allegations
The Securities Commission of The Bahamas rejected recently appointed FTX chief John Ray’s allegations that Bahamian officials worked with former CEO Sam Bankman-Fried to shelter the failed crypt...
Ripple Regional Head calls FTX collapse ‘incredibly damaging,’ says crypto needs to offer utility
Ripple’s Asia Pacific Head is optimistic on Crypto’s future. He said that the FTX mess hurt the market. He highlighted the need for a regulatory framework. The Asia Pacific Head of Ripple Labs Inc. Ra...
Bahamas reportedly asked SBF to mint new coin after FTX collapse
The Bahamas government reportedly worked with former FTX CEO Sam Bankman-Fried to issue a new cryptocurrency controlled by local officials. Following the FTX collapse in November, Bahamas government o...
Japan Was the Safest Place to Be an FTX Customer
Spurred by the failure of Mt. Gox in 2014 and the 2017 hacking of Coincheck, both Tokyo-based exchanges, Japan’s Financial Services Agency (FSA) established a broad set of standards for crypto e...
FTX Managed Critical Accounting Via Slack, New CEO Testifies
Now-bankrupt FTX may have experienced financial trouble for years before the public became aware, the exchange’s new CEO testified Tuesday. John Ray, who took over to handle the exchange’s restr...
SEC charges former FTX CEO SBF for defrauding investors a day after his arrest
The United States Securities and Exchange Commission (SEC) has filed charges against Sam Bankman-Fried, the former CEO of now-bankrupt crypto exchange FTX. The SEC has charged Bankman-Fried with viol...
New FTX chief describes the firm’s collapse in bankruptcy testimony
Recently appointed chief exec of crypto exchange FTX, John J. Ray III, provided new insight into the firm’s collapse in prepared testimony on Tuesday. At a US House Financial Services hearing on the s...
SEC charges Sam Bankman-Fried with defrauding FTX investors
The US Securities and Exchange Commission (SEC) has filed charges against disgraced former FTX CEO Sam Bankman-Fried, with the regulator revealing the charges a few hours after Bankman-Fried’s arrest ...
FTX CEO Slammed With 8 Criminal Charges by US Prosecutors
The federal prosecutors have charged Sam Bankman-Fried with conspiracy and wire fraud for mismanagement of customers’ funds. The disgraced founder of the FTX exchange is facing the much-awaited prosec...
FTX (FTT) Crypto Price Prediction – Is FTX Token Dead?
Join Our Telegram channel to stay up to date on breaking news coverage After the FTX exchange collapsed it has a huge impact on the cryptocurrency market and FTT coins priced dropped by more than 80%,...
For SBF and FTX, the fraud started from day one. That and other revelations from the SEC
Sam Bankman-Fried was charged with fraud by the U.S. Securities and Exchange Commission over the collapse of FTX, the crypto exchange he founded. The former CEO was accused of “orchestrat...
US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse – Bitcoin News
According to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC c...
Cardano Protected Much Better Than FTX from Crash and Bankruptcy: Source
Yuri Molchan Prominent Twitter account related to Cardano explains why “there is no one to arrest” here, unlike FTX Contents SBF arrested, Binance may face charges too BNB under selling pr...
Bankman-Fried Arrest Day Before Congress Testimony Raises Eyebrows
Former FTX CEO Sam Bankman-Fried won’t appear before Congress on Tuesday after all, considering his arrest, disappointing the head of the House Financial Services Committee and piquing curiosities acr...
Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Trading Revenue
The collapse of FTX and the resulting fallout has a number of potential implications for Robinhood, the report said. These include the potential liquidation of 56.3 million shares owned by FTX founder...
FalconX Discloses FTX Exposure, Crypto Daily TV 13/12/2022
In Todays Headline TV CryptoDaily News: Maple Finance shows risks of Crypto lending without collateral. Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis wh...
Sam Bankman-Fried charged with fraud over FTX collapse
Sam Bankman-Fried was charged with fraud by the U.S. Securities and Exchange Commission over the collapse of FTX, the crypto exchange he founded. The former CEO was charged with “orchestr...
FTX Token slumps into abyss as Sam Bankman-Fried gets arrested
Upon the news that the founder of the collapsed crypto trading platform FTX has been arrested, many cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) included, are recording modest gains, whereas FTX...
FTX Falls Toon Finance (TFT) Joins Binance To Clean Up Sam Bankman-Fried
Recently, many cryptocurrency users lost a lot of money when the platform Celsius went bankrupt. Our team did some research to see what would happen to your assets on different types of crypto platfor...
Former FTX CEO Sam Bankman-Fried arrested in the Bahamas
Sam Bankman-Fried, the founder and former CEO of collapsed cryptocurrency exchange FTX has been arrested in the Bahamas. The arrest followed a request from the US government, Reuters reported late Mon...