Sam Bankman-Fried’s crypto trading firm Alameda Research used insider information to accumulate $60 million in tokens ahead of their eventual listing on FTX, Bankman-Fried’s crypto exchange, according...
Tag: FTX
New FTX CEO Responds to SBF Tweet Storm
The new CEO of the embattled FTX exchange has spoken out about Sam Bankman-Fried and his recent erratic public statements. Sam Bankman-Fried has taken to Twitter over the past few days with a flurry o...
FTX Japan、業務改善計画の提出を報告
FTX Japanが業務改善計画の提出 関東財務局より行政処分が下された国内暗号資産（仮想通貨）取引所FTX Japanが、業務改善計画を提出したことを11月16日報告した。 FTX Japanは10日、関東財務局からの行政処分により業務停止および業務改善命令を受けていた。 業務改善命令については「利用者の正確な把握及び利用者から預かった資産の正確な把握を行うこと」、「利用者から預かった資産につい...
Celebrity FTX Investors Face $11B Lawsuit; Binance Investigated
The situation worsens as well-known celebrities have been roped into the FTX lawsuit while Binance is under congressional scrutiny. Oklahoma resident Edwin Garrison has filed a class-action lawsuit ag...
A lawsuit Filed Against FTX and Sam Bankman-Fried for the Sale of Unregistered Securities
Since last week, the announcement of FTX’s collapse, previously one of the most valuable cryptocurrency exchanges in the world, has shaken up the world financial markets. Sam Bankman-Fried, the founde...
FTX fiasco sparks fear in crypto investors – crypto.news
Investor confidence in the industry is in jeopardy following the sad events involving FTX. Since rectification will take time, the crypto winter will likely continue for a few more months, possibly in...
Tom Brady, Stephen Curry, Warriors Sued Over FTX Association
Lawsuits hit a string of high-profile celebrities for endorsing and promoting the now-bankrupt FTX cryptocurrency exchange. The list includes the likes of Tom Brady, Stephen Curry, Gisele Bundchen, L...
Australia Suspends Financial Services License of Local FTX Entity – Exchanges Bitcoin News
Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According to an issued statement, the platform will be allowed to p...
Ethereum Co-Founder Vitalik Buterin Weighs in on Sam Bankman-Fried’s FTX ‘Fraud’
As a co-founder of Ethereum, Vitalik Buterin is one of the most prominent voices in crypto. He took to Twitter early Tuesday morning to urge his audience not to write off everything FTX’s departing CE...
FTX Price Prediction Today, November 17, 2022: FTT/USD Slips Lower
Join Our Telegram channel to stay up to date on breaking news coverage Price activity in the FTX market has slipped lower to $1.8165 from $1.9812. However, from trading indicators, this might just be ...
Circle reveals level of exposure to FTX; should USDC holders be worried?
Circle has alluded to over $10 million exposure to FTX It also hinted at the loss suffered due to Binance’s auto conversion In a recent Twitter post, Circle’s Jeremy Allaire said that USDC only had a ...
FTX Meltdown 101: What the Hell Happened and What Comes Next
FTX Meltdown 101: What the Hell Happened and What Comes Next In less than a week, one of the largest and most trusted crypto exchanges went up in flames, along with its crypto celebrity founder and CE...
U.S. House Committee To Hold Hearing On FTX Collapse
A hearing on the demise of the cryptocurrency exchange FTX is scheduled to take place in December by the U.S. House Financial Services Committee. The committee stated that it anticipates hearing from ...
Investment Firm Paradigm Still Optimistic About Crypto — Says ‘Issues at FTX Are Precisely Ones Defi Can Solve’ – Featured Bitcoin News
Investment firm Paradigm is still optimistic about crypto’s potential following the collapse of FTX. “The blowup of FTX has caused some to question crypto’s value. But the issues at FTX are precisely ...
FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack
If FTX is sparking new Bitcoin (BTC) bear market lows, BTC price action has further to fall to match Mt. Gox. Data from on-chain analytics firm Glassnode confirms that the “Mt. Gox bear market” almost...
Temasek Says Its FTX Investment Is Now Worth Zero
“It is apparent from this investment that perhaps our belief in the actions, judgment and leadership of Sam Bankman-Fried, formed from our interactions with him and views expressed in our discussions ...
Crypto Cold Wallets in Ledger, Trezor Sales Moon After FTX Collapse
Decentralized exchanges (DEXs) are not the only businesses doing well after the seismic collapse of crypto exchange FTX last week. Hardware wallet manufacturers Ledger and Trezor both reported a huge...
FTX Collapse Gave Another Reason to Charlie Munger to Criticize Crypto
FTX Exchange filed for Bankruptcy after the collapse of the FTT token. Crypto is a “ very very bad thing,”- Charlie Munger. Recently the chairman of Wesco Financial and Vice president of Berkshire ...
FTX Says Sam Bankman-Fried Does Not Speak On Its Behalf
FTX is trying to do damage control in the midst of a bankruptcy process that has sent shockwaves throughout the whole crypto industry. In a small Twitter thread, the official account of FTX spoke out ...
Binance Receives FSP License In Abu Dhabi Amidst FTX Fiasco
Binance is the leading crypto exchange worldwide, with several digital tokens available to traders and investors. Its trade volume makes it the largest in the world. Binance primarily provides a seaml...
Citi Analyst Joseph Ayoub Explained Market Risks After FTX Collapse
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Genesis Suspends Customer Withdrawals In Wake Of FTX Collapse
Following the collapse of FTX, the lending division of cryptocurrency investment bank Genesis Global Trading, has temporarily stopped redemptions and initiating any new loans as per the Interim CEO De...
Temasek writes down $275 million investment in FTX
Temasek, Singapore’s sovereign wealth fund that manages about $300 billion, has written down all of its $275 million investment in FTX and FTX US. Temasek had invested $210 million for a 1...
Paolo Ardoino Talks FTX, Adoption And Self-Custody With NewsBTC
What happened here was not a mistake; it is not that they were hacked. They took several decisions to put at risk customer assets. The crypto industry saw dark days over the past week. FTX, the former...
Pantera Capital releases statement amid the breakout of FTX contagion – crypto.news
Joey Krug, co-CIO of cryptocurrency investment firm Pantera Capital, recently discussed how his company had been impacted by the demise of SBF’s FTX empire and the short, medium, and long-term effects...
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 ...
SBF faces investor lawsuit in the US as Australia suspends FTX operations; LFG spent $2.8B on UST peg defense
The biggest news in the cryptoverse for Nov. 16 includes Gemini halting withdrawals on its Earn program, Coinbase saying it has zero exposure to Genesis Trading, and Messari estimating that FTX invest...
Aussie Regulator Terminates FTX Australia’s License
The Australian Securities & Investments Commission (ASIC) suspended the FTX Australia license until May 15, 2023, following the exchange’s recent fiasco. The crash has affected around 30,000 Aussi...
Oxygen and Maps.me Future Uncertain as Majority of Tokens Locked on FTX
The current prediction is that the FTX implosion is going to be accompanied by quite a lot of distress calls from companies who either used the custody service provided by the firm or rely on its DeFi...
Salvadoran president is the latest to express confidence in crypto amid FTX crash
Bukele led El Salvador’s transition from fiat to crypto. The Salvadoran economy is struggling however Bukele is confident about BTC. Popular pro-crypto personalities are urging everyone to maintain fa...
FTX crisis could extend crypto winter to the end of 2023: Report
The FTX crisis has deterred investor confidence and created a liquidity crisis in the crypto market, which could very well extend the crypto winter until the end of 2023, according to a new report. A ...