Shares of the U.S. Oil exchange-traded fund surged 5.2% in the week before Christmas, and ended up 27% for the year. Oil prices did rise last year by nearly 5%, but how did an ETF that tracks them out...
Tag: funds
Bankrupt Crypto Exchange FTX to Start Letting Customers in Japan Withdraw Funds – Exchanges Bitcoin News
FTX customers in Japan will soon be able to withdraw their funds that are currently frozen due to the bankruptcy process. Two FTX-owned crypto exchanges, FTX Japan and Liquid, are developing a system ...
Individual Investors Bail On Everything In December, Data Show
NEW YORK, NY – FEBRUARY 06: Traders work on the floor of the New York Stock Exchange (NYSE) on … [+] February 6, 2018 in New York City. Following Monday’s over 1000 point drop, the D...
Sam Bankman-Fried denies moving funds from Alameda wallets
Sam Bankman-Fried, the former CEO of the now-defunct FTX exchange, has denied moving funds tied to Alameda wallets, days after he was released on a $250 million bond. On Dec. 30, Fried tweeted to his ...
Companies and investors may need to return billions in funds paid by FTX
The collapse of FTX Group may not yet be finished with its contagious spread, as clawback provisions could force businesses and investors to return billions of dollars paid in the months leading up to...
Sam Bankman-Fried denies moving Alameda funds in latest tweet
Sam Bankman-Fried, founder and former CEO of FTX, returned to Twitter on Dec. 30 after weeks of inactivity coinciding with his arrest. Bankman-Fried commented on a recent event that saw Alameda-relate...
FTX Japan Set to Begin Returning Customer Funds in February
In a statement released Thursday, FTX Japan confirmed plans to begin returning customer assets by February next year. Customers looking to withdraw their lost funds will have to open accounts with Liq...
SBF tweets for first time since arrest, says he didn’t move funds
Sam Bankman-Fried, the former CEO of bankrupt crypto exchange FTX, tweeted for the first time since his arrest earlier this month. He said he was not responsible for funds that appear to have been mov...
Bahamas Awaits Court Order to Release $3.5B Seized FTX Funds
The Securities Commission of Bahamas (SCB) awaits court orders to release $3.5B FTX funds to its customers. While SBF reportedly withdraws over $684K. The FTX saga takes a new turn with a press releas...
FTX Japan users will be able to start withdrawing funds from February
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images Japanese FTX users will be able to start moving their funds out of the collapsed cryptocurrency exchange starting in Februa...
FTX To Return Customer Funds In February, But There’s A Catch
Crypto exchange FTX and sister firm Alameda’s executives Sam Bankman-Fried, Caroline Ellison, and Gary Wong are facing criminal charges in the U.S. Meanwhile, FTX Debtors under new CEO John J. Ray III...
FTX-owned Liquid announces plan to return customer funds
Liquid, a Japanese fintech firm owned by FTX, has released a plan on how the firm will return assets to customers. The return process will be specific to users who have FTX Japan and Liquid Jap...
Alameda Potentially Washing Users’ Funds, Transaction Data Suggests
The thing most analysts feared but believed would happen is here. Alameda is washing the funds of FTX users. The reason behind it is unclear, but considering the likely charges against former Alameda ...
Alameda-Linked Funds on the Move Again via Coin Mixers
Wallets linked to Alameda Research, FTX founder Sam Bankman-Fried’s collapsed trading firm, continue to shuffle around crypto funds and are using coin mixers to obscure transactions, blockchain analys...
Dow up over 350 points, stocks rebound after jobless claims data deemed ‘welcome news for the Fed’
U.S. stocks advanced on Thursday afternoon, erasing losses from earlier in the week during the second-to-last trading session of the year. The main indexes built on premarket gains after U.S. weekly j...
FTX Investments in Two Companies Via Users Funds Draws SEC Attention
According to the Securities and Exchange Commission (SEC), several billions of dollars of users’ and investors’ funds disappeared from FTX. Approximately $200 million were used to fund two companies f...
AbbVie Holds Up in Ailing Market After FDA Approval; Top Funds Buy Shares
Boosted by another approval from the Food and Drug Administration (FDA), AbbVie (ABBV) has its sights set on a new buy point. And top money managers have their eyes on ABBV stock, which made the lates...
Alameda’s Crypto Wallets Are Quietly Swapping Funds for Bitcoin (BTC): On-Chain Data
Alameda Research’s Ethereum (ETH) addresses are quietly swapping altcoins for Bitcoin (BTC), according to on-chain sleuths. The pseudonymous on-chain researcher known as Ergo says on Twitter that Alam...
FTX Japan Reveals Plans to Return Customer Funds
– Advertisement – The platform plans to enable customer withdrawals through Liquid Japan, an affiliate exchange. FTX Japan, the Japanese subsidiary of embattled crypto exchange FTX, has an...
CZ will help BitKeep monitor stolen funds flowing via Binance
Binance CEO Changpeng Zhao (CZ) offered to help monitor stolen funds from BitKeep, a multi-chain wallet service provider which was hacked. BitKeep was compromised on Dec. 26, and hackers made away wit...
Sam Bankman-Fried’s $200M Venture Investments With Users’ Funds Has Drawn SEC’s Scrutiny
According to reports, of the billions of dollars in client deposits that suddenly vanished from FTX, about two hundred million dollars were utilized by Sam Bankman-Fried “SBF” to support investments i...
GE Healthcare will join S&P 500 as soon as it begins trading
GE Healthcare Technologies Inc. will be an S&P 500 stock as soon as it officially exists. General Electric Co. GE, -1.05% expects to spin off its healthcare arm into a separately traded company on...
FTX used $200 million of customer funds for two venture investments
FTX founder Sam Bankman-Fried leaves following his arraignment in New York City on December 22, 2022. Ed Jones | AFP | Getty Images Of the billions of dollars in customer deposits that disappeared fro...
New bill allows unused 529 college funds to become a retirement tool
Nestled in the $1.7 trillion spending bill passed last week is a nugget of good news for Americans with unused funds in their 529 plans that help families save for college. Section 126 of the bill ame...
Lucid Stock Fell to New Low Despite $1 Billion Saudi Investment
Lucid Group stock continued to slide this week, despite a recent additional investment in the embattled electric-vehicle maker by Public Investment Fund, Saudi Arabia’s sovereign-wealth fund, of nearl...
Onchain Sleuths Discover Funds Linked to Alameda Swapped for ETH, USDT, BTC by a Mysterious Entity – Bitcoin News
On Dec. 27, 2022, a number of onchain researchers noticed that funds connected to Alameda Research and FTX have moved and have been swapped for other tokens. Reports show the hacker known as the ‘FTX ...
Is Alameda and SBF Squeezing out User’s Funds Soon After the Bail?
In an interesting development, the wallets associated with a leading trading-now bankrupt firm Alameda Research, the FTX’s sister concern. The platform was seen transferring out funds which raised cur...
20 EV stocks that could rebound the most in 2023
Even as electric-vehicle sales have been gaining traction, associated stocks have been crushed during 2022, led by Tesla. Below is a screen of stocks of companies involved in the development, producti...