Directly after outlandish new comments from FTX founder Sam Bankman-Fried became public, FTX’s new CEO took a moment to distance the company from the exchange’s former leader. In an interview with Vo...
Tag: FTX
Big 4 Accounting Firm PwC Approved as Joint Provisional FTX Liquidators
The Securities Commission of the Bahamas, where FTX is headquartered, has approved the liquidation of FTX’s assets, according to a press release issued this morning. Last Thursday, the regulator...
FTX Hacker steals funds; becomes 35th largest crypto whale
Crypto exchange Kraken has identified the hacker. FTX’s remaining assets have been moved to cold storage. News of the hack comes after FTX filed for bankruptcy on November 11th. FTX funds stolen post ...
Sam Bankman-Fried says ‘f*ck regulators’ in wide-ranging interview with Vox
Former FTX CEO Sam Bankman-Fried made a number of eyebrow-raising statements in a wide-ranging interview conducted over Twitter DMs for more than an hour late Tuesday with Vox reporter Kelsey Piper. &...
Kevin O’Leary Slammed for Saying He’d Back Former FTX CEO Again — Insists SBF Is a ‘Brilliant’ Crypto Trader – Featured Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that he would again back Sam Bankman-Fried (SBF), the former CEO of the collapsed crypto exchange FTX. “You can’t be serious,” many people told O...
Crypto firms rush to allay Genesis contagion fears as stocks crater
Crypto-related stocks plunged as Genesis became the latest victim of the FTX fallout. Bitcoin was trading at $16,593, up 0.7% from $16,479 earlier in the day. Ether gained a modest 0.5% to trad...
FTX Collapse Slaps the Winklevoss Brothers
Cryptocurrency brokerages Gemini and Genesis are reassuring people that their operations are still solvent after the massive collapse of exchange FTX. The insolvency of FTX could result in more compan...
What Do Tom Brady, Steph Curry and Naomi Osaka Have in Common? An FTX Lawsuit.
What appears to be the first class action lawsuit filed against FTX and a number of its high-profile backers claims the insolvent crypto exchange violated Florida law and is demanding $11 billion in d...
Former Kraken CEO talks FTX Crisis will take years to recover
Kraken’s Former CEO Jesse Powell discussed the impacts of the FTX crash over the crypto industry. FTX has led to a huge loss in the entire crypto market bringing major cryptocurrencies decline in thei...
TSM drops FTX logos, halts $210 million sponsorship deal
What was at one time the largest deal in the esports industry has been dashed as TSM will pull the plug on a partnership with FTX, the gaming and entertainment platform announced. The partnershi...
Senate Banking Committee eyes hearing on Sam Bankman-Fried’s FTX collapse
A key Senate committee could hold a hearing to investigate the collapse of crypto exchange FTX. The Senate Banking Committee is “working to schedule a hearing and details are forthcoming,” accor...
Paolo Ardoino Talks FTX, Adoption And Self-Custody With Bitcoinist
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...
US House Committee to Hold a Hearing on the Collapse of FTX Next Month
The United States House Financial Services Committee will be holding a hearing into the collapse of the cryptocurrency exchange FTX and the “broader consequences for the digital asset ecosystem.” Rank...
Robert Kiyosaki Says Bitcoin Isn’t the Problem — Calls Former FTX CEO the ‘Bernie Madoff of Crypto’ – Featured Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says bitcoin is not the problem following the collapse of cryptocurrency exchange FTX. Kiyosaki believes that former FTX ...
Sam Bankman-Fried, Tom Brady and Steph Curry named in lawsuit over FTX collapse
Sam Bankman-Fried, former CEO of bankrupt crypto exchange FTX, has not had a good couple of weeks. The crypto maven known as SBF has seen his company go bankrupt and his net worth drop by billions of ...
This Firm Offers 8 To 12 Cents On A Dollar Of FTX User Deposit Claims
The FTX crisis has escalated into a legal battle between bankrupt crypto exchanges and firms whose assets are stuck on its platform. Before FTX froze assets withdrawal, many crypto firms couldn’t reco...
Bitcoin miners send less BTC to exchanges since 2020 halving despite FTX
Bitcoin (BTC) miners may be sending more BTC to exchanges this month — but overall, their sales have crashed since 2020. Data from on-chain analytics platform CryptoQuant confirms that daily miner tra...
Newly Elected US House Whip Emmer Downplays FTX Meltdown, Cheers Crypto
Crypto advocates in Washington routinely maintain that crypto policy is a non-partisan issue that can move forward even in a divided Congress. However, this week’s rhetoric from Democrats such as Sen....
EU’s MiCA regulation would have had limited impact on FTX debacle, lawmaker says
EU lawmakers differ in their view on how the bloc’s upcoming crypto regulation would have cushioned the blow from FTX’s collapse. The effects of FTX’s filing for bankruptcy pro...
Does FTX Collapse Increase Crypto Funds Inflows?
Recent months have been quite rough for crypto users as major projects got rugged or exploited or may be accidentally losing users’ funds. For crypto investors the whole year did not seem favora...
Bitget starts operations in Brazil: InfoMoney
Singapore-based crypto exchange Bitget has started operating in Brazil, financial publication InfoMoney reported. Bitget will start enabling deposits in Brazilian reais today, InfoMoney said. T...
dYdX Could be Among Largest Beneficiaries From FTX Collapse: Report
The unforgivable mishandling of customer funds has left millions of users with trapped funds, crippled years of constructive industry reputation, and triggered new credit contagion risks. Amidst this ...
Binance role in FTX collapse under congressional scrutiny
Binance’s role in the sudden collapse of FTX, an event that sent reverberations around crypto markets, has come under congressional scrutiny, a senior House Republican confirmed to The Block. “T...
New CEO of FTX Outlines Significant Near-Term Goals ⋆ ZyCrypto
Advertisement     John Ray, the new chief executive officer and chief restructuring officer of FTX, has revealed steps being taken by the beleaguered crypto exchange t...
Binance Denies UK MP’s Accusation It Deliberately Sank FTX
The Treasury Committee held a hearing on Monday to question officials from crypto companies in the aftermath of FTX’s collapse, and Daniel Tinder, Binance’s vice president of governmental ...
3AC hunted by FTX, Alameda, founder claims. Sam Bankman-Fried disagrees.
Three Arrows Capital co-founder Kyle Davies said that “FTX, Alameda colluded to trade against clients” and “hunted” his company. “As their biggest client, we, 3AC, were hunted ...
Liquid Global Halts Withdrawals as FTX Contagion Continues
Cryptocurrency exchange Liquid Global today said it is halting all withdrawals—both fiat and crypto—from the platform. “Fiat and crypto withdrawals have been suspended on Liquid Global in compliance w...
FTX Contagion Hits Winklevoss Twins as Crypto Lenders Come Under Fire
(Bloomberg) — The fallout from the rapid collapse of Sam Bankman-Fried’s FTX is spreading across the crypto world, ensnaring the billionaire Winklevoss twins through a liquidity squeeze at their...
How Many Investors Are Affected by The FTX Downfall?
Join Our Telegram channel to stay up to date on breaking news coverage The bankruptcy filing made by the FTX exchange shows that the company has over 100,000 creditors. Moreover, the number of credito...
OKX exchange plans $100 million market recovery fund
OKX, the world’s second-largest crypto-only exchange by trading volume, said it would support an industry struggling with the collapse of the rival FTX exchange with a $100 million market recove...