FTX Collapse May Lead Crypto Brokerage Genesis to Go Bankrupt

18 seconds ago | 2 mins read Market News Crypto lending Genesis is expected to file for bankruptcy.  The collapse of FTX and Alameda had a great impact on Genesis.  Drawdowns of loans can prevent Gene...

Venture Capitalist Chamath Palihapitiya on SBF and FTX 

Social Capital’s founder Chamath Palihapitiya talked about FTX and SBF in a podcast. FTX collapse has affected the crypto market significantly. The billionaire argues FTX’s collapse is due to SBF’s mi...

Sam Bankman-Fried Attempted To Collapse Crypto Markets Last Month in Desperate Attempt To Save FTX: Report

Disgraced crypto founder Sam Bankman-Fried reportedly tried to disrupt the digital asset markets in November in a last-ditch effort to save his failing exchange, FTX. In a Wall Street Journal (WSJ) re...

Alameda’s Ellison Hires Ex-SEC Lawyer Who Charged Musk, Holmes

Caroline Ellison, the disgraced CEO of Alameda Research, has reportedly hired a former US Securities and Exchange director as her lawyer. Stephanie Avakian, Ellison’s new counsel, previously oversaw h...

FTX fallout motivates Hong Kong watchdog to draft new rules

The Hong Kong Securities and Regulatory Commission plans to draft new regulatory provisions to implement under its new crypto regulation system in the wake of FTX’s collapse, according to local media ...

Former SEC Chairman Calls SBF Handling of FTX “Bad Behavior”

– Advertisement – Attorney Jay Clayton believes the FTX founder’s handling of the exchange constitutes bad behavior from a general perspective. Former U.S. SEC Chairman and American attorn...

New news for the case of FTX

Clashes between Binance CEO Changpeng Zhao and former FTX CEO Sam Bankman Fried; new investigations by the US Department of Justice; Sam Bankman Fried’s attempts to destabilize the market to save FTX ...

Alameda Former CEO Caroline Ellison Hires SEC Ex-Top Regulator As Attorney For FTX Investigation

Former Alameda Research CEO Caroline Ellison will need all the help she can get from no other than a highly decorated former regulator of the US Securities and Exchange Commission when she faces grill...

Major Media Wants FTX Users’ Names, Says There’s No Danger

A string of major media organizations have filed a motion in a US federal court seeking the release of FTX creditor identities, claiming their concealment turns the entire bankruptcy proceeding “into ...

FTX Token Price Analysis & Prediction (Dec 12th) – FTT Taps Three-Week High Amid Negative Sentiments, Can This 50% Jump Triggers a Strong Recovery

After the FTX collapse, the price has remained in consolidation with no sign of volatility for weeks. Today, it shows strength as the price increased to $2 on Binance. The next few hours of trading wi...

Crypto’s Amber Group ends Chelsea sponsorship: FTX crash is still haunting the market

When the FTX crash came a month ago, it took everything with itself, but the worst was yet to come. The failure of the SBF’s FTX and its company, Alameda, has brought many companies to their knees, an...

SBF Might Start a New Business to Earn and Be Able to Pay FTX Victims

The former CEO of crypto exchange FTX – Sam Bankman-Fried – said he is willing to start a new business venture to earn enough funds and pay back victims of the collapse. He reiterated his position tha...

Balaji Srinivasan Says FTX Is a Preview of State Failure, USD Bank Accounts Could Be Frozen or Inflated to Worthlessness – Economics Bitcoin News

Angel investor Balaji Srinivasan says the collapse of crypto exchange FTX should be treated as “a preview of state failure.” He warned that one day U.S. dollar bank accounts “may be frozen or inflated...

Rock Legend Gene Simmons Is Holding Crypto Despite Market Sell-Offs and FTX Collapse – Featured Bitcoin News

Rock band Kiss’ lead singer Gene Simmons has confirmed that he is still holding crypto despite the crypto winter and the collapse of cryptocurrency exchange FTX. “I’m deep in crypto. I believe in it,”...

New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names Unsealed – Coinotizia

Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redac...

Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’ – Bitcoin News

According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablec...

SBF plans new venture to repay FTX collapse victims, claims ‘did not commit fraud’

Sam Bankman-Fried (SBF), the former CEO of the now-collapsed FTX crypto exchange, has said that he hopes to start a new business to generate funds to pay back victims of the company’s collapse. ...

Sam Bankman-Fried Officially Added As Witness for This Week’s Congressional Hearing on FTX Implosion

Disgraced FTX founder Sam Bankman-Fried has officially been added as a witness for this week’s Congressional hearing on the crypto exchange’s disintegration. According to a new government memo, the fo...

New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names Unsealed – Bitcoin News

Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redac...

Bloomberg and Several Media Giants Move To Reveal Personal Information of FTX Clients in Bankruptcy Proceedings

A group of the world’s biggest media corporations is making a move to reveal the identities of those who lost money in the collapse of crypto exchange FTX. According to documents provided by Kroll, FT...

US prosecutors are reportedly investigating FTX founder Sam Bankman-Fried for fraud

US federal prosecutors could be building a fraud case against FTX founder and former CEO Sam Bankman-Fried. reports Justice Department officials met with the crypto exchange’s bankruptcy team this wee...

FTX Insider Reveals New Document, Musk Catches Flak for SBF Comments, Nobel Prize Laureate Krugman Warns of Eternal Winter for Blockchain — Week in Review – The Weekly Bitcoin News

It’s been another wild week in crypto, with a claimed FTX insider revealing a controversial document related to former Alameda Research CEO Caroline Ellison’s account at FTX. In related news, Elon Mus...

Cathie Wood Praises Bitcoin’s Resilience in Wake of FTX Crash

Alex Dovbnya Ark Invest CEO Cathie Wood recently predicted that the price of Bitcoin would be able to surge to $1 million in spite of the ongoing crisis In a recent tweet, Ark Invest CEO Cathie Wood h...

FTX Japan Has Until March 2023 to Cease All Operations (Report)

The Japanese authorities reportedly extended the business suspension order to FTX Japan until March 9, 2023. Initially, the company had to cease all services on December 9. According to recent coverag...

Caroline Ellison Hires SEC’s Former Top Crypto Cop for FTX probe

(Bloomberg) — Ex-Alameda Research CEO Caroline Ellison has hired a former SEC official who oversaw many of the regulator’s biggest crypto cases as her lawyer in the federal probe into cryptocurr...

FTX’s stranded customer funds draw attention from distressed asset investors

Credit investment firms are looking to buy claims from bankrupt crypto exchange FTX’s clients who could otherwise wait years for bankruptcy courts to decide payouts. Apollo Global Manageme...

The Block CEO showed ‘serious lack of judgment’ in taking loans from FTX’s Sam Bankman-Fried and not disclosing them

The fallout from the implosion of FTX continues, with crypto publication The Block on Friday announcing that Michael McCaffrey has stepped down as its chief executive officer after failing to disclose...

FTX: All about SBF’s “well-thought” investments, political connects, and more…

SBF’s political donations could have been aimed at influencing policy around the crypto space  SBF had influence over institutional investors Sam Bankman Fried (SBF), the founder of the now-bankrupt F...

gm: Tezos Co-Founder Kathleen Breitman Sounds Off on FTX Collapse

gm: Tezos Co-Founder Kathleen Breitman Sounds Off on FTX Collapse Tezos co-founder Kathleen Breitman has been in crypto since the beginning and has seen a lot of cycles and failures. She joined Stacy ...

FTX Gets A 3-Month Grace To Quit All Operations In Japan

Some jurisdictions have been taking management and investigatory actions following the collapse of the FTX crypto exchange. Before its fall, the SBF-led crypto exchange got several operational approva...

FTX Co-Founder Sam Bankman-Fried Agrees to Testify Before US Congress – Regulation Bitcoin News

The co-founder of collapsed crypto exchange FTX, Sam Bankman-Fried (SBF), has agreed to testify at one of the two congressional hearings set for next week. “I had thought of myself as a model CEO, who...

Goldman Sachs buying crypto firms, FTX news, 3AC and Celsius updates: Hodler’s Digest Dec. 4-10

Top Stories This Week 7 class action lawsuits have been filed against SBF so far, records show Former FTX CEO Sam Bankman-Fried has been named in seven class action lawsuits filed since the fall of hi...