State authorities in Texas are investigating celebrity athletes associated with FTX for their involvement with the failed exchange. The Texas State Securities Board announced the launch of a probe to ...
Tag: FTX
Ripple CTO Says One Important Lesson From FTX Meltdown ‘Will Not Be Learned’ – Featured Bitcoin News
A Ripple executive says there is one important lesson from the meltdown of crypto exchange FTX that he “can say with total confidence will not be learned.” The executive added: “Regulation that punish...
FTX Assets Missing, Stolen; This Fund Sees Bitcoin At $1 Million
FTX’s bankruptcy team is struggling to track down all of the cryptocurrency exchange’s assets after it collapsed and filed for Chapter 11 on Nov. 11. In a bankruptcy court hearing Tuesday,...
Texas Regulator’s Investigation on Celebrities who Endorsed FTX
Tom Brady, Steph Curry, who previously endorsed FTX, are reportedly being probed by Texas regulators. The investigation by Texas regulators is for looking at whether endorsements violated securities l...
NYC Mayor Undeterred by FTX Collapse — Insists Crypto Is an Industry ‘We Must Embrace’ – Bitcoin News
The mayor of New York City, Eric Adams, is not discouraged by the collapse of crypto exchange FTX and heavy market sell-offs. Noting that crypto is coming whether we like it or not, he stressed the im...
FTX gets court first day motion – crypto.news
Close to two weeks after the FTX crypto exchange collapsed and filed for chapter 11 bankruptcy, the exchange finally got its first-day court motion on Tuesday the 22nd of November. The hearing was hel...
FTX asks court to let BitGo safeguard its assets during bankruptcy
FTX notified a federal judge that it wants BitGo to safeguard its remaining digital assets as bankruptcy proceedings play out. A custodial services agreement with BitGo was signed Nov. 13, appro...
FTX Collapse Isn’t a Crypto Failure — It’s a Failure of SEC, Bankman-Fried, Centralized Finance – Regulation Bitcoin News
U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the...
The Last 10 Days in the FTX Saga: A Timeline
More and more details of the now-insolvent crypto exchange FTX surface every day, and the spillover effects are ever more unfortunate. The timeline below tracks major events since the Bahamian p...
Senators Demand Investigation Into FTX
Key Takeaways Senators Elizabeth Warren and Sheldon Whitehouse asked the Department of Justice to investigate FTX today. In a letter, they outlined FTX’s failures and highlighted the effects of ...
Tron (TRX) Price Stabilizes Amid Justin Sun FTX Buyout Rumors
The Tron (TRX) price shows bullish signs in the short-term, indicating a relief rally towards $0.055. However, the long-term trend is considered bearish until that area is reclaimed. The weekly time f...
US Senators Urge Department of Justice To Hold FTX Accountable to Full Extent of the Law for Massive Collapse
Two US Senators are publicly calling upon the Justice Department to hold disgraced and bankrupt crypto exchange FTX accountable for its massive collapse earlier this month. In a letter addressed to At...
FTX Contagion Revives Dreaded 2022 Crypto Knell – the ‘Withdrawal Halt’
Technically it means that a crypto exchange or lender has gated customers from being able to get their money or digital tokens back – typically because there’s just not enough assets on hand to meet r...
Sad Story Behind Bankruptcy of Alameda Research and FTX
Without a doubt, November is proving to be the darkest month on the cryptocurrency market. Drama ensued between Bitcoin (BTC) and the altcoins shortly after the CEO of Binance announced that the excha...
US Senators want justice department to hold FTX execs accountable for collapse
Senators Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I) wrote a letter to the United States Department of Justice (DOJ) to express their concern regarding the FTX implosion. Warren and Whit...
Sam Bankman-Fried says he’ll speak at New York conference
FTX founder Sam Bankman-Fried, who’s mostly kept to making statements on Twitter amid the collapse of the crypto exchange he once ran, said he’d be speaking with New York Times columnist A...
FTX collapse triggers second thoughts on Busan City’s crypto exchange plans
The FTX crash appears to have affected not only companies and investors but also entire cities that previously became partners of the troubled cryptocurrency exchange. South Korea’s second-largest cit...
FTX Flipped One Trading Firm’s Risk Obsession. Disaster Followed
(Bloomberg) — Before a cadre of Jane Street Group alumni spectacularly scorched the cryptocurrency landscape from their perch at FTX this month, the Wall Street firm was enjoying its status as t...
After FTX Blowup, Crypto Wallet SafePal Achieves Record Signups
The collapse of crypto exchange FTX appears to have sparked surging sales for self-custodial crypto wallets which give users direct ownership of their coins. SafePal, a Binance-backed crypto wallet b...
What Is a Crypto Exchange Token and How Did It Help Blow up FTX?
“Binance was the first to launch, and it was really successful. And when you’re successful, you get copycats,” Katie Talati, co-founder and director of research at the crypto asset manager Arca, said....
FTX Forked Out $121M for Upscale Properties in Bahamas for Bankman-Fried, Parents, Other Company Executives
Records show that FTX acquired several high-priced properties in the Bahamas for vacation, residential and commercial purposes. Following FTX’s sudden and dramatic crash almost two weeks ago, a paper ...
Warum ist Budblockz (BLUNT) im Visier von FTX Token (FTT) und Solana (SOL) Investoren?
Angesichts des aktuellen Abwärtstrends lernen die Anleger schnell, ihre Portfolios zu diversifizieren. Diejenigen, die es verstehen, die Volatilitätswellen zu navigieren und kurze Trades durchzuführen...
Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’ – Bitcoin News
On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives ...
SafePal Sets Record User Sign-Ups Following FTX Bankruptcy Filing
The biggest collapse in crypto (FTX insolvency) this year sees the demand for non-custodial wallets spike to record highs. SafePal, a self-custodial wallet crypto management platform, sees record sig...
FTX Group Holds Total Cash Balance of $1,240,000,000: Report
A new Bloomberg report claims that embattled crypto exchange FTX and its associate firms held a “substantially higher” cash balance than previously thought. Citing a bankruptcy filing by FTX’s propose...
Are Decentralized Exchanges More Attractive after FTX Collapse?
Sabrina Martins Vieira Even though decentralized exchanges have boomed with crash of FTX, road to spontaneous acceptance can be long Contents Advantages of decentralized exchanges But does this mean t...
Ripple CTO accuses investor groups of fanning FTX scam – crypto.news
Ripple CTO David Schwartz has taken to Twitter to share some vital lessons he drew from the FTX crisis. According to Schwartz, the collapse of the exchange still has a crucial lesson: temptation is al...
FTX Bankruptcy Filing Fueled Negative Sentiment Among the Investors
Prominent digital asset investment company CoinShares shared a report highlighting the negative sentiment of institutional investors towards major cryptocurrencies. It highlighted institutions are bet...
Bitcoin Trading Volume Down To 3-Month Low As FTX Volatility Fades
Data shows the Bitcoin trading volume has plunged to a 3-month low as renewed market volatility due to the FTX fiasco fades away. Bitcoin 7-Day Average Trading Volume Has Plummeted This Week As per th...
Elon Musk Slams Semafor’s ‘Journalistic Integrity’ — Tesla Exec Says ‘Semafor Is Owned’ by FTX Co-Founder Sam Bankman-Fried – Bitcoin News
Following the significant amount of criticism directed at mainstream media publications for a lack of journalistic integrity while reporting on FTX executives, Tesla’s executive Elon Musk called out t...
Senator Warren Demands Sam Bankman-Fried, FTX Execs Be Held Accountable to ‘Fullest Extent of the Law’
On Tuesday, Warren, Durbin, and Sen. Tina Smith (D-Minn.) sent a letter to Fidelity, asking the financial services firm to reconsider allowing retail clients to include bitcoin in their retirement pla...