An interview between the Former FTX CEO Sam Bankman-Fried (SBF) and George Stephanopoulos aired on Good Morning America on Dec. 1. In the interview, SBF was insistent that FTX was not a “Ponzi scheme”...
Tag: funds
FTX Japan to Unfreeze Withdrawals of Client Funds
Japanese users of failed crypto exchange FTX might soon be able to withdraw their funds as the Japanese subsidiary said it is working to make funds available to their customers. FTX as a whole suspend...
Three Arrows Capital liquidators begin taking control of failed hedge fund’s assets
Teneo, the advisory firm overseeing the liquidation of crypto hedge fund Three Arrows Capital (3AC), has taken control of some of its assets, according to a presentation deck obtained by The Block. &#...
Where BlackRock sees ‘tremendous’ market opportunities for ETF investors in 2023 after damage to stocks, bonds
Hello! In this week’s ETF Wrap, BlackRock’s Gargi Chaudhuri, head of iShares investment strategy for the Americas, discusses ways for investors to play a world of higher rates and elevated inflation i...
Mutual Fund Holders Face Double Trouble
If you’re a stock-mutual fund holder, you may face a double whammy this year. First, the value of your holding has likely dropped along with the overall market. As shareholders have exited mutual fun...
Did SBF Admit to Fraud and Mishandling Users’ Funds on Twitter?
Details remain unclear, but Sam Bankman-Fried (SBF) may have unintentionally admitted to fraud during a recent live Twitter space. Now, a ‘whistleblower’ is claiming to know more about FTX and Alameda...
FTX Founder SBF Unaware of Illicit Use of Customer Funds?
47 mins ago | 2 mins read Exchange News Bankruptcy crypto exchange FTX has an $8 billion hole in its balance sheet. FTX’s SBF has one credit card left and $100,000 in the bank account. The notorious f...
Arthur Hayes Calls BitMEX Funds “SAFU” Due To A New Feature
BitMEX founder and ex-CEO, Arthur Hayes, took to Twitter on Thursday to announce that the funds on the exchange were completely safe. And, this was due to the release of their full-fledged roof-of-lia...
Blackstone Limited Withdrawals From Its Huge Retail REIT, Stock Slumps
Blackstone is limiting withdrawals from its huge retail real estate investment trust after a sharp rise in redemption requests from investors. In a letter posted on the Blackstone Real Estate Income T...
Accusation That FTX Misused Customer Funds Presents a ‘Prison’ Problem, Says Crypto Legal Expert Jeremy Hogan
Crypto legal expert Jeremy Hogan says that the possible misappropriation of user funds by disgraced crypto exchange FTX could amount to a criminal offense. Hogan tells his 243,300 Twitter followers th...
This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.
A day after the Dow DJIA, -0.11% climbed out of bear territory on hopeful comments by Fed Chairman Jerome Powell, stocks look ready to rethink on that optimsim, even after fresh inflation data showed ...
SBF at Dealbook Summit: ‘I Didn’t Knowingly Commingle Funds’
As the collapse of FTX continues to cast a shadow over much of crypto, former Chief Executive Sam Bankman-Fried stepped into the media spotlight. The befallen crypto tycoon fielded a series of questio...
Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’ – Coinotizia
On Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview since the cr...
Assessing the current state of FTX, tracking stolen funds, and SBF’s two cents on…
On 29 November, the FTX hacker attempted to sell a portion of the stolen funds on the OKX exchange SBF claimed the hack was done by someone who had an understanding of the exchange in his recent inter...
Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’ – Bitcoin News
On Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview since the cr...
Crypto hedge funds seek Wall Street-style segmentation following FTX’s fall
Cryptocurrency hedge funds got burned in FTX’s bankruptcy and are now looking into bringing the financial segmentation that made Wall Street more stable. FTX used to be a popular venue among professio...
SBF shifts blame to Alameda, claims ‘I didn’t knowingly commingle funds’
Speaking live at the New York Times Dealbook event, Sam Bankman-Fried declared that he did not “knowingly commingle funds.” “I was surprised just how big Alameda’s position was...
Analyzing Founders Fund’s Crypto Portfolio
November 30, 2022, 4:14PM EST • 6 min read Quick Take Founders Fund is a San Francisco-based venture capital firm founded in 2005 by Peter Thiel, Luke Nosek, Sean Parker, and Ken Howery Founders Fund ...
Secret Network successfully resolves vulnerability, says users’ funds are safe
Secret Network has announced the resolution of a severe vulnerability reported by white hat hackers. The loophole would have enabled bad actors to gain access to users’ data and funds, according to a ...
FTX Roundup: SBF Gives Interview, Missing Funds Move, and Politicians Return Donations
Key Takeaways In a conversation published today, FTX CEO Sam Bankman-Fried discussed his actions during FTX’s collapse. 255 BTC ($4.2 million) of funds taken from FTX were appear to have been de...
Here’s How BlockFi Plans To Return Customer Funds
In news related to FTX, Sam Bankman-Fried’s disbanded crypto empire seems to owe $680 million to now-bankrupt crypto lender BlockFi Inc., according to a lawyer who spoke to the federal judge presiding...
FTX hacker reportedly transfers a portion of stolen funds to OKX after using Bitcoin mixer
Hackers who drained FTX and FTX USA of over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continue to move assets around in an attempt to ...
FTX Roundup: SBF Gives Interview, Stolen Funds Move, and Politicians Return Donations
Key Takeaways In a conversation published today, FTX CEO Sam Bankman-Fried discussed his actions during FTX’s collapse. 255 BTC ($4.2 million) of funds stolen from FTX were appear to have been d...
Bitfinex Hack Victims Are Still Waiting to Get Their Funds Back
Earlier in the year, the Justice Department announced it had seized billions in crypto funds from a heist that occurred in 2016. Many customers of Bitfinex had their money stolen during that heist, an...
FTX reportedly used Alameda’s bank accounts to process customer funds
The FTX contagion saga sees new revelations around its misconduct every other day, and the latest one solidifies the collusion between the failed crypto exchange and its sister company Alameda Researc...
Polygon bridge holds $27 million of unclaimed funds, ZenGo finds
Crypto users have left $27 million of funds unclaimed in the Polygon bridge, potentially due to the two-step withdrawal process. This is the bridge between Ethereum and Polygon, where crypto use...
Private-prison stock hits two-year high as analysts cite potential for more detention beds, detention alternatives
Shares of private-prison operator GEO Group Inc. jumped to their highest level in roughly two years on Tuesday after Wedbush analysts upgraded the stock, citing a GOP-controlled House, possible change...