Congressman Ritchie Torres has written a letter to the Government Accountability Office calling for an investigation into the SEC handling of FTX. With the very public collapse and ensuing loss of inv...
Tag: FTX
learning from FTX collapse will be “pacy”
The UK FCA stated on Wednesday that lessons would be taken quickly from the crash of the cryptocurrency exchange FTX, which left about 80,000 UK investors suffering huge losses though the firm was not...
U.S. banking committee says SBF ‘must answer for the failure’ of FTX
The US senate banking committee in a Dec. 7 letter to Sam Bankman-Fried said he must answer for the failure of his crypto firms in a hearing scheduled for Dec. 14. The committee chairman Sherrod Brown...
Institutional Adoption Is On The Rise Despite FTX Collapse
The news in the past weeks indicated that a number of institutions are speeding up to expand and offer their crypto-related product. Crypto adoption is on the rise despite a series of recent bloody ev...
Federal Prosecutors Probe FTX Founder’s Role In UST Collapse
While the crypto market still hasn’t fully digested the insolvency of FTX, U.S. federal prosecutors are investigating whether FTX founder Sam Bankman-Fried played a role in the collapse of TerraUSD (U...
Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX
An American legislator has asked the United States Government Accountability Office (GAO) to look into the performance of the Securities and Exchange Commission (SEC) regarding the recently failed cry...
FTX Deploys a Forensic Team to Track Its Customers’ Hacked Assets
53 mins ago | 2 mins read Exchange News FTX has hired financial forensic investigators to find the missing digital assets of its customers. AlixPartners is expected to help FTX in finding the lost bil...
Founder of FTX Sam Bankman-Fried faces Federal inquiry
The life and times for the founder of FTX, Sam Bankman-Fried, are only getting more complicated and confusing as presently he is seemingly facing a Federal-enquiry, which the Federal authorities have ...
Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report
Pop star Taylor Swift reportedly could have been one of the faces of failed crypto exchange FTX had talks over a $100-million deal not ended prematurely. According to a Dec. 7 report from the Financia...
Security in crypto comes from liquidity or the lessons we learned after FTX
The FTX bankruptcy has sent the crypto space into a downward spiral, and the crypto space is still buzzing to get all the details that led to this situation. Numerous reports have popped up, and the b...
GameStop Still Struggling With Its Turnaround Plan
GameStop missed expectations for revenue and earnings in the third quarter but management says the … [+] rebuilding continues. (Photo by Stephen Zenner/SOPA Images/LightRocket via Getty Images) ...
FTX, Crypto Collapse Costs Taylor Swift a Huge Payday
When cryptocurrency exchange FTX raised $400 million from investors such as Softbank, Temasek, Tiger Global, and others in January, its net worth took off. The funding lifted its value to $32 billion....
Was the fall of FTX really crypto’s ‘Lehman moment?’
The FTX collapse was bad, but how bad? Almost from the moment that the Bahamas-based exchange suspended cryptocurrency withdrawals in early November — and three days before it filed for bankruptcy — t...
Feds investigating FTX founder SBF for possible market manipulation: NYT
U.S. prosecutors are probing into whether FTX founder and former CEO Sam Bankman-Fried could have manipulated the prices of TerraUSD and Luna cryptocurrencies earlier this year to benefit his business...
Pro-Crypto Lawmaker Blames Gary Gensler for FTX Collapse
Democrat Representative Ritchie Torres has asked the U.S. Government Accountability Office (GAO) to investigate whether the Securities and Exchange Commission and chair Gary Gensler should be held res...
Institutional investors still eye crypto despite FTX collapse
The negative effects caused by the FTX debacle have placed the crypto space in an unfavorable light. However, institutional investors continue to show interest in the industry, even at the height of t...
SEC Chair Gensler Responsible for FTX Fall Thrashes Congress Reps.
Congress Reps blame Gary Gensler for the fall of the FTX exchange. Claims Gensler didn’t carry out his duties diligently. Despite laws put out, authorities failed to examine exchanges properly. Specul...
Japan’s Financial Watchdog Extends FTX Japan Suspension
10 seconds ago | 2 mins read Exchange News In November, the FSA demanded that FTX Japan halt its activities. The bankruptcy of FTX will not impact the assets held by FTX Japan. On Wednesday, Japan’s F...
FTX Reportedly Pursued $100 Million To Sponsor Taylor Swift’s Tour
Topline Sam Bankman-Fried’s crypto exchange FTX reached “late stages” of negotiating a $100 million sponsorship deal with Taylor Swift before they ended last spring, according to the Financial Times. ...
Feds have contacted former FTX employees as part of investigation
Federal law enforcement is in touch with former FTX employees as part of a criminal investigation into the failed exchange and its sister hedge fund Alameda Research. Two former FTX employees h...
Anthony Scaramucci Calls Out Chamath Palihapitiya On FTX Warning Signs, ‘We Can Pretend Otherwise, But None Of Us Really Knew’
While speaking at Benzinga’s Future of Crypto event, investments in and by FTX were discussed as one of the biggest topics impacting the cryptocurrency sector. Kevin O’Leary was an investor in FTX and...
Mastercard’s sees FTX collapse as crypto’s ‘time to reset’: TechCrunch
Grace Berkery, director of startup engagement at the payment processing firm Mastercard, thinks the collapse of FTX will ultimately be a positive for the industry. “I think it’s an opportunity ...
Taylor Swift and FTX nearly signed a $100 million sponsorship deal
Sam Bankman Fried’s FTX was close to finalizing a sponsorship deal with Taylor Swift worth over $100 million until negotiations with the pop sensation stalled a few months before the exchange’s collap...
Robinhood gaining crypto market share after FTX collapse, CEO says
Robinhood has seen market share increase in the weeks following FTX’s collapse, CEO Vlad Tenev said. The company had no exposure to the now failed exchange. Tenev also said that the 7.6% s...
Bitcoin Dealing with FTX Crash
The month of November was an important test for the cryptocurrency world and in particular for Bitcoin, what happened to FTX brought the market down but BTC reacted well in some respects. The conseque...
SEC Boss Gensler Addresses Meeting With FTX Founder SBF
The U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler spoke about the FTX collapse, the state of crypto regulation, and its cooperation with international regulators. The SEC Chair h...
FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal – Bitcoin News
According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it was reportedly pus...
Venture Capitalist Kevin O’Leary Says He Plans To Recover Lost Funds From FTX Collapse After Full Investigation
Shark Tank star Kevin O’Leary says that he has plans to recover the funds he lost from collapsed crypto exchange FTX. In a new interview with Yahoo Finance, O’Leary says that FTX should undergo a full...
DeSci the Future of Crypto after the FTX Fiasco? – Sponsored Bitcoin News
sponsored It’s no surprise that the news about FTX has dominated the headlines over recent weeks. Since the debacle was made public, several other dominoes have started to fall including the announcem...
Gensler ‘Singularly Responsible’ for Failing To Expose FTX Fraud, Rep. Says
A member of the House Committee on Financial Services is calling for the Government Accountability Office, known as Congress’ investigation arm, to look into the SEC and its “failure to protect the in...
Japan’s FSA To Extend Suspension Of FTX Japan Amid Withdrawal Delays
Japan’s Financial Services Agency on Wednesday said it plans to extend the suspension order for crypto exchange FTX Japan. The move comes as Japanese arm is taking more time to resume withdrawals and ...
Immense losses for the FTX crypto exchange
Companies in the group of the FTX crypto exchange, and in particular Alameda Research, would have made a veritable record of losses in 2022. This is revealed by Wikipedia’s page dedicated to the bigg...