Troubled Asian crypto lender Vauld has funds stuck in the now-bankrupt crypto exchange FTX, two sources with direct knowledge of the matter told The Block. The exposure is worth around $10 milli...
Tag: FTX
Worse Than Enron: SBF’s FTX Has ‘Complete Absence of Trustworthy Information’
The new CEO of failed crypto exchange FTX has some harsh words for his predecessor, Sam Bankman-Fried. John J Ray III, who previously oversaw restructuring efforts at historic corporate failures such ...
FTX attacker continues swapping tokens; exchanges $7.95M BNB for BUSD, ETH
The attackers who drained $600 million from the now-bankrupt exchange FTX, swapped nearly 30,000 BNB tokens for Ethereum (ETH) and Binance USD (BUSD) on Nov. 17. in three transactions, data from Bscsc...
New FTX CEO Says the Collapsed Exchange’s Top Leaders Were ‘Potentially Compromised Individuals’
The new chief executive of bankrupt crypto exchange FTX says that the platform’s leadership was made up of “potentially compromised individuals.” According to recent bankruptcy filings, FTX CEO John R...
Binance CEO CZ Calls SBF a ‘Psychopath,’ 3AC Co-Founder Accuses FTX, Alameda of Stop Hunting His Hedge Fund – Bitcoin News
During a conversation with Binance CEO Changpeng Zhao (CZ) and the Milken Institute, the exchange executive called the former FTX CEO Sam Bankman-Fried (SBF) a “psychopath” for one of the tweets SBF w...
FTX New CEO Reveals More SBF Scandals In Court Filing
The new CEO of collapsed crypto exchange FTX, John Ray III, has filed an initial statement with the U.S. Bankruptcy Court for the District of Delaware, making a scathing judgment of Sam Bankman-Fried ...
Tom Brady and other celebrities named in class-action lawsuit against FTX
Former FTX CEO Sam “SBF” Bankman-Fried and a number of celebrities who endorsed FTX have been named in a class-action lawsuit filed on Nov. 15 in Miami. Implicated in the class-action lawsuit are cel...
FTX Fraud: More Bombshell Revelations in New Bankruptcy Filing
Key Takeaways A filing from FTX’s new CEO has more thoroughly revealed the shocking state of the company’s finances. New FTX CEO John J. Ray III, who oversaw Enron’s dissolution, wro...
Solana Plummets More Than 41% Over The Week Amid FTX Collapse
It’s been a choppy week for Solana. The 15th-largest cryptocurrency by market capitalization has lost 41.2% of its value over the past week, according to data from Coingecko. SOL, Solana’s native tok...
FTX Court Filings Claim Firm’s Fraud and Mismanagement
The post FTX Court Filings Claim Firm’s Fraud and Mismanagement appeared first on Coinpedia Fintech News The court filings by FTX’s Bahamian liquidators claim that there are signs which point towards ...
CFTC Commissioner Johnson defends agency approach to FTX, crypto
Kristin Johnson, a commissioner at the Commodities Futures Trading Commission, defended the agency’s approach to digital asset regulation in the wake of FTX’s collapse, saying the agency l...
SBF Has No Role At FTX, FTX US, Alameda
FTX CEO and chief restructuring officer John Ray in a recent tweet cleared his stance on SBF tweets. In a recent tweet John Ray who replaced the FTX founder mentioned the role of the SBF in FTX. FTX C...
FTX, GameStop, And The Young Investor
Crypto currencies and meme stocks have something in common: young investors. SOPA Images/LightRocket via Getty Images Recently, I watched a great Netflix documentary about the meteoric rise of video g...
CFTC Commissioner: Too Soon To Say if FTX Crisis Was Intentional
When it comes to unpacking what exactly happened to now-bankrupt crypto exchange FTX, it’s far too soon to tell what risk management or regulatory errors were made — if any — a CFTC commissioner said ...
New FTX CEO Blasts Management Practices Under Sam Bankman-Fried
John J. Ray III may have unwounded major corporate failures, but in over four decades of legal and restructuring experience, he claims to have never seen such “unprecedented” management failures as in...
Sam Bankman-Fried, FTX, Alameda Were Accused of Conspiracy, Racketeering, and Market Manipulation 3 Years Before FTX Collapsed – Bitcoin News
Amid the latest bankruptcy case filed by FTX Trading Ltd., U.S. regulators want to crack down on crypto exchanges, and a class action lawsuit has been issued against former FTX CEO Sam Bankman-Fried (...
FTX, Sam Bankman-Fried And The Basic Problem Of Cryptocurrencies
Cryptocurrency values have been hit hard. The granddaddy of them all, Bitcoin, now sells for around $16,000, down from a high of $67,000 a year ago. FTX and its charismatic cofounder, Sam Bankman-Frie...
Binance’s role in FTX collapse unclear to UK lawmakers: Bloomberg
UK lawmakers are not convinced by the evidence Binance provided to understand its role in the collapse of FTX, according to a member of Parliament. Binance sent answers to questions from the UK...
FTX Contagion is Spreading. Here’s How to Keep Your Crypto Safe
Key Takeaways FTX collapsed last week, shaking the crypto community’s faith in centralized custodians. Holding crypto in self-custody helps users reduce exposure to risky third parties and mitigate th...
Here’s what Joe Rogan found ‘weird’ about the FTX exchange meltdown
As one of the largest crises in the cryptocurrency sector, caused by the collapse of the crypto trading platform FTX, continues to affect most of its assets, it has captured the attention of the media...
New FTX CEO Says Former Billionaire Bankman-Fried Led ‘Unprecedented’ Failure—’Incessant’ Tweets Undermine Bankruptcy Case
Topline Longtime bankruptcy attorney John J. Ray III, the new CEO of befallen cryptocurrency exchange FTX Trading who led disgraced energy firm Enron after its storied collapse in 2001, issued a scath...
How FTX Went From Billions To $600K At Its Liquidation
The FTX bankruptcy process has begun, led by the company’s new CEO, John Ray. After Sam Bankman-Fried, founder and former CEO of the company quit from duties and position, Ray took over the reins of t...
Institutional Investors Selling Bitcoin (BTC) Holdings After FTX Crisis
The FTX crisis caused the crypto market to come under intense pressure, triggering selloffs in the broader market. Crypto influencers warned that FTX collapse may cause institutional investors to lose...
Dapp sector unmoved by FTX collapse
The cryptocurrency market, Web3, and the decentralized application (Dapp) sector were all rattled by the sudden collapse of the FTX crypto exchange and all of its associated organizations. From busine...
New FTX CEO Says Sam Bankman-Fried Does Not Speak on Firm’s Behalf, After SBF’s Candid Interview With Vox – Bitcoin News
Following the former FTX CEO Sam Bankman-Fried’s (SBF) interview with the New York Times and several direct text messages with Reuters, SBF recently did a much longer and more candid interview with Vo...
Singapore’s Temasek writes off $275 million FTX investment
Crypto news about FTX continue to dominate headlines, with the latest being from Temasek, a Singaporean sovereign wealth fund that says it’s written off its entire investment in bankrupt crypto exchan...
FTX New CEO John Ray Reveals More Scandals In Court Filing
The new CEO of collapsed crypto exchange FTX, John Ray III, has filed an initial statement with the U.S. Bankruptcy Court for the District of Delaware, making a scathing judgment of Sam Bankman-Fried ...
Binance Mulls FTX White Knight Role—What Comes Next?
Key Takeaways Binance has reportedly shown interest in acquisitions of both Voyager Digital and Genesis’ loan assets as the FTX crisis continues. FTX made efforts to play white knight for the in...