FTX fiasco one of the most egregious cases of ‘gross negligence,’ says Ackman

Hedge-fund titan Bill Ackman appears to be walking back comments he made via Twitter last week about Sam Bankman-Fried that some interpreted as implicit support for the 30-something who presided over ...

SBF says he ‘can only speculate’ about where wired Alameda funds ended up: WSJ

FTX founder and former CEO Sam Bankman-Fried “can only speculate” about what happened to billions in funds after FTX customers wired them to its sister trading firm Alameda Research, he to...

A roundup of crypto exchanges in the aftermath of the FTX crash

Following FTX’s collapse, several crypto exchanges followed suit, while many others still stand tall. Here’s a situation report of crypto exchanges in recent times. Which crypto exchanges will survive...

The financing of North Korea’s nuclear development comes from digital currency theft. Now that FTX has fallen, may it also?

Join Our Telegram channel to stay up to date on breaking news coverage The repercussions of FTX, the second-largest cryptocurrency exchange in the world, declaring bankruptcy earlier this month have b...

Crypto Exchange FTX Should Be Independently Investigated- DOJ  

The Department of Justice demanded an independent investigation on the FTX collapse.   According to CBS, the U.S. Department of Justice has requested the bankruptcy judge to order an independent inves...

Elon Musk Suspects Former FTX CEO Sam Bankman-Fried Donated Over $1 Billion to Support Democrats – Bitcoin News

Tesla CEO and Twitter chief Elon Musk says that former FTX CEO Sam Bankman-Fried (SBF) probably donated over $1 billion to support the Democratic Party, which would be a much larger sum than the numbe...

The Block: Bankman-Fried says Alameda was given special treatment on FTX: Financial Times

Trading firm Alameda Research was given outsized borrowing limits compared with other clients of FTX.  Alameda was able to access high levels of borrowing on FTX when Sam Bankman-Fried launched ...

Will Grayscale be the next FTX?

On Nov. 18, Grayscale, the asset manager running the world’s largest Bitcoin (BTC) fund, released a statement detailing the security of its digital assets products and affirming that it won’t share it...

SBF admits that FTX gave Alameda Research preferential treatment

Former FTX boss has admitted in a recent interview that he gave his trading shop, Alameda Research, special treatment for years. Alameda Research receives special treatment In an interview with the Fi...

FTX Collapse to Benefit Bitcoin in the Long Term ⋆ ZyCrypto

Advertisement &nbsp &nbsp The FTX exchange collapse rocking the entire crypto market could invariably be the catalyst to turn the market around, according to an analysis by Sa...

FTX ex-president plans new crypto startup

A former employee of the United States arm of the embattled crypto company FTX has taken up the initiative to launch a new crypto startup. According to the report, the former president of the U.S. arm...

Former FTX users say the failed crypto exchange was a ‘Ponzi scheme.’ Here’s how those work, and what we know about how Sam Bankman-Fried operated

Until recently, Sam Bankman-Fried, or SBF, was crypto’s golden boy, known for building his cryptocurrency exchange, FTX, into a $32 billion giant in just two years. But the disheveled, left-leaning 30...

Nexo Reveals No Exposure to FTX in Recent Proof of Reserves

Following the recent turbulence within the crypto industry in the wake of FTX collapse, every other crypto firm seems to take the lesson. Otherwise what could have bothered these firms, including majo...

Coinbase Premium Index goes green for the first time since FTX collapse

According to the on-chain data and analytics provider, CryptoQuant, the Coinbase Premium Index has turned green for the first time since the fallout of the FTX collapse. As an indicator that shows a s...

Bitget’s Celebrity Partnership Comes Across Tone Deaf

Bitget has been trying to reassure current and potential customers who are losing faith, fast, in digital assets. But the cryptocurrency exchange is taking a questionable route. Bitget Managing Direct...

The FTX collapse: What SBF knew and ‘claimed’ to know before it all went down

Sam Bankman-Fried denied involvement with Alameda Research However, a report by Forbes contradicted SBF’s statement Sam Bankman-Fried, the man behind the Bahamas-based bankrupt crypto exchange FTX, re...

How to keep your cryptocurrency safe after the FTX collapse

The fall of the FTX crypto exchange forced many to reconsider their overall approach to investments — starting from self-custody to verifying the on-chain existence of funds. This shift in approach wa...

Learn from FTX and stop making speculative investments

Join Our Telegram channel to stay up to date on breaking news coverage People were drawn to FTX by speculative investing. Let’s hope they start looking for value-based propositions now that we’ve seen...

FTX US ex-president reportedly seeks $6M funding to launch crypto startup

Just a month after the controversial fall of Sam Bankman-Fried’s FTX exchange and 130 affiliated companies, a former high-ranking executive is reportedly seeking out investors to launch a crypto start...

FTX Disaster Triggers Major Selloff In The Price Of Solana (SOL)

The market is trying to follow Bitcoin’s bullish action with Solana (SOL) being one of the outliers. Post-FTX life for SOL has been very rough. On a monthly and biweekly time frame, CoinGecko data sho...

DeFi ecosystem still haunted by FTX contagion: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The FTX contagion tha...

Never mind FTX — Fine arts institutions should still onboard to blockchain

The reality is that blockchain technology can still deliver substantial benefits, particularly within the fine arts. And for those who have been paying attention, 2022 has been a year of incredible no...

Former FTX US president is looking to raise capital for new crypto venture

The former FTX US president, Brett Harrison, is currently in talks with potential investors about his new crypto startup.  Harrison, who resigned from his position at the crypto exchange in September,...

Sam Bankman-Fried ‘Wasn’t Even Trying’ to Manage Risk at FTX, He Says

FTX founder Sam Bankman-Fried said he made no effort to manage risk at the digital-asset exchange that filed for bankruptcy in November, part of a blitz of public statements about major oversight fail...

The Chairman Of CFTC-Regulated LedgerX As Success Story Amid FTX Collapse

The Joe Biden government is preparing a draft to regulate crypto assets. According to the CFTC chairman LedgerX was the best entity compared to other FTX entities. LedgerX held more cash than other FT...

US DOJ Requests Independent Investigation in FTX Case

9 seconds ago | 2 mins read Exchange News John Ray was appointed as CEO of FTX after Sam Bankman-Fried resigned. Vara outlined how the independent investigation would free up FTX to focus on business....

Ex-President of FTX U.S Seeking $6 Million to Launch New Firm

Exchange News Harrison stated on September 27 that he would be stepping down as president of FTX US. This comes a mere month after the very contentious collapse of the FTX exchange. Former FTX US pres...

FTX Wallet With Over 154B Terra Classic Discovered, Is LUNC At Risk Of A Price Dump?

– Advertisement – LUNC may be at risk of a dump as users discover 154B LUNC on an FTX-owned wallet. In a tweet on Monday, a self-acclaimed Terra Luna Classic (LUNC) whale revealed that he ...

FTX Japan Enables Users to Withdraw Their Funds

39 seconds ago | 2 mins read Exchange News The funds held in FTX Japan will not be subject to ongoing bankruptcy proceedings in the US. FTX Japan has around $94.5 million in cryptocurrency holdings. T...

Legal team for 3AC liquidators blast founders for shifting blame to FTX, media blitz amid bankruptcy

The founders of Three Arrows Capital, or 3AC, the Singapore-based crypto hedge fund with close ties to Terra Labs, have been spending more time engaging on social media and news outlets than dealing w...

Is Bitcoin the only crypto that will survive FTX? Interview with Bitcoin maximalist

The downfall of FTX and a number of other centralized finance platforms in 2022 reinforces the narrative that most of the crypto ecosystem will eventually collapse due to its centralization, with the ...

Congresswoman Invites SBF To Hear His “Candid” Talks On FTX

In the past few days, there has been a slew of interviews released of a slew of interviews of the former FTX CEO, Sam Bankman-Fried, where he has been mostly seen to be apologetic and unaware of the f...