Sam Bankman-Fried, founder and former chief executive officer of the bankrupt cryptocurrency exchange FTX, has hired white-collar crime specialist Mark Cohen to represent him, a Bankman-Fried spokesma...
Tag: FTX
Online Blockchain CEO warns Bitcoin may crash to $8k as ‘FTX crisis is unresolved’
Given that the collapse of FTX has caused a more than 60% drop in the value of Bitcoin (BTC) and other cryptocurrencies this year and that the damage has spread to publicly listed companies with expos...
Shark Tank Kevin O’Leary Make A Uturn On FTX And Bankman
Bill Ackman and Kevin O’Leary, two powerful investors, say they believe Sam Bankman-Fried when he claims he was unaware of sister company Alameda Research’s risky bets. They tweeted their support for ...
What’s up with crypto exchange Gemini and its ties to FTX?
Genesis Trading and its parent company Digital Currency Group (DCG) owe over $900 million to Gemini Earn, as the contagion from FTX’s rapid collapse continues to spread. Gemini’s billionaire founders,...
DeFi Project Mercurial Plots Revamp and New Tokens Following ‘Toxic’ Association With FTX
“In summary, the only liquid tokens in the market came from Alameda Market Making (3%), IEO/IDO participants (0.3%), private investors (1.6%) and the liquidity mining rewards for our stable pools,” th...
Binance Counters ‘Wrong Narratives’ About FTX — CZ Calls SBF ‘One of the Greatest Fraudsters in History’ – Coinotizia
The CEO of crypto exchange Binance, Changpeng Zhao (CZ), has countered several “wrong narratives” about the collapsed crypto exchange FTX and its co-founder Sam Bankman-Fried (SBF). The Binance boss c...
FTX saga continues as this Committee Chair insists on getting SBF’s testimony
Committee Chair Maxine Waters stated that she expects SBF to testify before the House committee Australian Regulatory body accused FTX Australia of exploiting loopholes to get licensed As more corpora...
Binance Counters ‘Wrong Narratives’ About FTX — CZ Calls SBF ‘One of the Greatest Fraudsters in History’ – Featured Bitcoin News
The CEO of crypto exchange Binance, Changpeng Zhao (CZ), has countered several “wrong narratives” about the collapsed crypto exchange FTX and its co-founder Sam Bankman-Fried (SBF). The Binance boss c...
Sen. Warren goes after Silvergate’s relationship with FTX
Elizabeth Warren and two other Republicans questioned Silvergate regarding the crypto bank’s involvement with FTX and the Bankman-Fried businesses. As NBC News wrote, Elizabeth Warren, a Massachusett...
FTX Co-Founder SBF Retains White-Collar Lawyer Who Represented Ghislaine Maxwell – Bitcoin News
On Dec. 6, 2022, the former FTX CEO Sam Bankman-Fried (SBF) reportedly retained the attorney Mark Cohen, the lawyer that represented Ghislaine Maxwell during her recent sex trafficking case. SBF’s spo...
Kevin O’Leary defends SBF, says FTX should be audited
In an interview with Yahoo Finance on Dec. 6, Shark Tank’s Kevin O’Leary called for calm in the wake of FTX’s collapse. The exchange’s former CEO, Sam “SBF” Bankman-Fried, should be understood as inno...
CZ addresses FTX narratives, Tether launches CNH₮, Terraform Labs caught dumping tokens
The biggest news in the cryptoverse for Dec. 6 includes Michael Saylor criticizing SBF, Ethereum inflation coming back, Silvergate exposure to FTX, and MetaMask addresses IP address concerns. “Fatma...
SEC Chairman Gary Gensler’s Latest Statements On Upcoming FTX Hearings
The US House Financial Services Committee is holding a FTX hearing on December 13. FTX co-founder stated that he would review the downfall of cryptocurrency exchange. Goldman Sachs wants to buy or inv...
Sam Bankman-Fried Used FTX as His Personal Piggy Bank
MicroStrategy Executive Chairman Michael Saylor has accused former FTX CEO Sam Bankman-Fried of “diabolical” front-running and using FTX as his personal piggy bank. The former MicroStrategy CEO came o...
Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready – Regulation Bitcoin News
Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his cryp...
US lawmakers request answers from Silvergate over ties to FTX: Report
Three members of the United States Senate have penned a letter to Silvergate Bank demanding answers about the bank’s role in the loss of billions of customer dollars in the collapse of FTX. According ...
Ex-FTX Exec Lands at Payments Tech Company Nuvei
FTX’s former global head of payments has resurfaced as an executive at payments technology company Nuvei weeks after the crash of his ex-employer. Adam Jacobs, who began working at crypto exchange FTX...
Billionaire Chamath Palihapitiya Calls FTX Implosion a Sophisticated Con Perpetrated on Millions of People
Billionaire venture capitalist Chamath Palihapitiya says collapsed crypto exchange FTX was an “enormous financial fraud” that impacted tens of millions of people. In a new interview on the All-In Podc...
Silvergate Debunks Rumours Of A Liquidity Crisis Despite BlockFi, FTX Exposure ⋆ ZyCrypto
Advertisement     Silvergate bank has defended itself against allegations that it could be facing a liquidity crunch due to its close relationship with cash-beleaguere...
Analysis of Silvergate Capital’s FTX and BlockFi Public Letters
December 6, 2022, 12:06PM EST • 4 min read Quick Take December 5, 2022 Silvergate CEO Alan Lane releases public letter addressing FTX, Alameda and the recent market turmoil Closed December 5, 2022 tr...
Crypto.com (CRO) Price Resists FTX Fallout, But Danger Persists
The Cronos (CRO) price is trading above a long-term support area but has not shown any bullish reversal signs yet. The wave count supports a bounce. The Cronos token is the native token of the Crypto....
Senators want more info on Silvergate’s ‘egregious failure’ on FTX
A bipartisan group of senators want more information from Silvergate Bank, a bank that caters to crypto and fintech clients, about the bank’s current financial wellbeing, while also taking the c...
The crypto lady behind the indictment of FTX
FTX crypto lady Caroline Ellison, 28-year-old former CEO of Alameda Research as well as alleged partner of Sam Bankman-Fried, was recently spotted in New York City at a café a few blocks from the FBI ...
A Hedge Fund Hit by FTX Collapse Defaults on $36 Million of Debt
(Bloomberg) — Contagion from the messy implosion of Sam Bankman-Fried’s crypto empire is spilling into the world of decentralized finance, after a hedge fund was declared in default on almost $3...
UK Pushes For Finalizing Crypto Regulations Post FTX Fall
12 seconds ago | 2 mins read Bitcoin News With FTX down, and the customers’ money in jeopardy, things started to change slightly. This move follows Prime Minister Rishi Sunak’s call for “effective re...
Binance CEO CZ Calls Sam Bankman-Fried A Fraudster, Reveals the Real Reason Behind FTX Crash ⋆ ZyCrypto
Advertisement     Following the dissolution of Binance and FTX’s deal, the market has since reacted with even more distrust. Sam Bankman-Fried has been criticized even...
From Alameda chief to bankrupting FTX, meet Caroline Ellison
Listen to this article. Caroline Ellison was the sole chief exec of Alameda Research at the time of its demise. Her company used money from customers of its sister company FTX without their consent an...
US Consumers Believe Bitcoin (BTC) Will Drop to New Bear Market Lows in Aftermath of FTX Collapse: New Survey
A new survey says US consumers believe the high-profile implosion of FTX will drive Bitcoin (BTC) prices to new lows amid the enduring bear market. Business intelligence firm Morning Consult conducted...