Bitcoin (BTC) is now further than ever from its target price according to the Stock-to-Flow (S2F) model. The latest data shows that BTC/USD has deviated from planned price growth to an extent never se...
Tag: FTX
SBF’s lawyers terminate FTX representation due to conflicts of interest
Paul, Weiss, the law firm backing FTX CEO Sam Bankman-Fried (SBF) amid bankruptcy, renounced representing the entrepreneur, citing a conflict of interest. The decision to withdraw from representation ...
This FTX Investor Spills The Beans on SBF & Alameda
Evan Luthra, a businessman and cryptocurrency investor, lost $2 million after being taken by surprise on the whole FTX fiasco. In a recent statement, he discusses what it means for the future of crypt...
Bankrupt FTX Fires Three of Sam Bankman Fried’s Favorite Deputies
What Makes the FTX File for Bankruptcy? FTX is linked to more than 120 companies, most of which are on the verge of filing for bankruptcy. FTX was founded in the Bahamas by Sam Bankman-Fried in 2019, ...
Singapore police warn of FTX phishing scams
Investors have been reminded by the Singapore Police Force to be wary of websites that falsely claim they can assist them in recovering assets from the cryptocurrency exchange FTX, which has now gone ...
FINRA to Examine Crypto Communication After FTX Crash
FINRA is ready to examine the communication of Firms related to crypto products. FTX was among the top three crypto exchanges globally. The U.S-based self-regulatory FINRA(The Financial Industry Re...
Due to conflicts of interest, SBF's attorneys drop FTX
South Korean authorities froze approximately $104.4 million (140 billion won) from co-founder Shin Hyun-seong based on suspicion of unfair profits. The decision to freeze Shin’s asset worth over...
Thanks to the FTX Collapse, Bitcoin’s Price in November 2022 Looks to Join the 4 Previous Negative Novembers of the Past 11 Years – Market Updates Bitcoin News
Since bitcoin’s price was first measured in fiat value in 2010, only four out of the 11 Novembers in bitcoin’s history have seen monthly declines. Eight of the Novembers in bitcoin’s price history saw...
FTX leadership pressed for information by US subcommittee chairman
The former and current CEOs of the bankrupt FTX cryptocurrency exchange have been pressed by the chair of a United States House subcommittee calling for documents relating to the exchange’s finances. ...
The Weekend Shift: FTX saga continues
Welcome to the 94th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write ab...
FTX Founder Banked $300M From Exchange’s $420M Funding
FTX founder and former CEO Sam Bankman-Fried reportedly got $300 million out of the $420 million raised from a funding round for the bankrupt exchange in October 2021, Wall Street Journal reported on ...
Former FTX CEO, Sam Bankman-Fried Cashed Out $300M to Buy Rival Binance’s Stake!
The post Former FTX CEO, Sam Bankman-Fried Cashed Out $300M to Buy Rival Binance’s Stake! appeared first on Coinpedia Fintech News Ever since the FTX series has been playing within the crypto space, t...
FTX Unveils New Asset Review Programme
Crypto Live News Author: Delma Wilson Nov 19, 2022 17:26 Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play...
Most of FTX Subsidiaries Are Solvent, Claims John J. Ray II
FTX CEO Mr. John J. Ray, III releases a strategic review report on their global assets. After filing for Chapter 11 bankruptcy, FTX attempts to optimize reclaimable value for stakeholders. As per the...
A Bahamas-based Studio is Already Making a Filmed Documentary of the FTX Collapse
Bahamas-based film production company XTR is already preparing a documentary film for the collapse of FTX, one of the largest crypto exchanges in the world. The firm, known for making non-fiction doc...
The fall of FTX and Sam Bankman-Fried might be good for crypto
“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information,” new FTX CEO John Ray III said in a legal filing on Thur...
Sam Bankman-Fried’s legal team has dropped him amid FTX debacle
Another incident has been added to the drama that is unfolding with FTX. Founder Sam Bankman-Fried’s legal team has made the decision to withdraw their representation of him and the lawsuit as of toda...
Why DeFi Is So Important In Light Of FTX Collapse
SPONSORED POST* DeFi or decentralised finance is a technology on the rise that eliminates third parties and centralised institutions from transactions. This system is what is known as a trustless syst...
The curious case of FTX and the hacker that holds ETH worth $300 million
Ever since news around the FTX exchange started doing rounds, the entire cryptocurrency market was crippled with FUD. With each passing day, authorities are discovering shocking facts around SBF and t...
FTX Launches Asset Review; Here’s Remaining Holdings Stands
The collapsed cryptocurrency exchange FTX and about 100 affiliated companies on Saturday launched a strategic review of global assets. It is a part of the Chapter 11 bankruptcy process. However, the f...
FTX is done — What’s next for Bitcoin, altcoins and crypto in general?
2022 was a tough year for crypto, and November was especially hard on investors and traders alike. While it was incredibly painful for many, FTX’s blowup and the ensuing contagion that threatens to p...
This Week in Coins: Bitcoin Avoids Heavy Losses as FTX Contagion Spreads
This week in coins. Illustration by Mitchell Preffer for Decrypt. This being week two of the FTX disaster story, crypto investors can expect things to get worse before they get better. However, the tw...
Vitalik Discusses Ethereum Scalability Solutions Amid FTX Crisis
Ethereum co founder and CEO Vitalik Buterin in a recent letter proposed the plan of using the ZK-SNark feature to improve the Ethereum network’s scalability. In a letter, he also mentioned Balaji Srin...
Crypto Exchange FTX Fires 3 Top Executives, Report Reveals – Exchanges Bitcoin News
Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, wh...
FTX collapse could trigger ‘appetite’ for harsher regulation, says Andrew Yang
Calls for harsher regulations around cryptocurrencies and digital assets will likely grow louder in the aftermath of FTX’s collapse — something former United States presidential candidate Andrew Yang ...
Crypto Retailer Genesis Block Halts Trading Amid FTX Contagion
Hong Kong-based crypto retailer Genesis Block is closing down its over-the-counter (OTC) trading services as the contagion of collapsed crypto exchange FTX spreads further across the industry. Genesis...
The Price Of Bitcoin Will Be Affected By FTX Fluctuations
FTX.COM, a cryptocurrency exchange platform, has constantly gained faith from investors due to the firm’s provisions of tokenized stocks, leveraged tokens, and an OTC desk on the platform. FTX is reco...
Investment Fund Temasek Victim of FTX Bankruptcy
In a formal statement released on Thursday, Temasek International, the public investment fund of Singapore, stated that it was writing down US$275 million it had invested in the defunct cryptocurrency...
FTX Hacker Is Now 27th Largest Ethereum Whale
Crypto Live News Author: Delma Wilson Nov 19, 2022 16:50 Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play...