Search
FTX Insider Reveals New Document, Musk Catches Flak for SBF Comments, Nobel Prize Laureate Krugman Warns of Eternal Winter for Blockchain — Week in Review
11.12.2022
It’s been another wild week in crypto, with a claimed FTX insider revealing a controversial document related to former Alameda Research CEO Caroline Ellison’s account at FTX. In related news, Elon Musk has been criticized for suggesting that former FTX CEO Sam Bankman-Fried (SBF)...
FTT investors' claims to be investigated for securities laws violations
11.12.2022
To help the investors legally recoup losses, Schall Law Firm plans to investigate FTX for issuing misleading statements or failing to disclose crucial information
Sam Bankman-Fried’s parents no longer on the Stanford Law School roster
11.12.2022
Joseph Bankman and Barbara Fried have started facing professional consequences for their child Sam Bankman-Fried's illegal actions
FTX Co-Founder Sam Bankman-Fried Agrees to Testify Before US Congress
10.12.2022
The co-founder of collapsed crypto exchange FTX, Sam Bankman-Fried (SBF), has agreed to testify at one of the two congressional hearings set for next week. “I had thought of myself as a model CEO, who wouldn’t become lazy or disconnected,” Bankman-Fried claimed. Sam Bankman-Fried...
Goldman Sachs buying crypto firms, FTX news, 3AC and Celsius updates: Hodler’s Digest Dec. 4-10
10.12.2022
SBF tried to destabilize crypto market to save FTX: Report
10.12.2022
Trades made by Alameda Research were focusing on depeg Tether's stablecoin
Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme
10.12.2022
Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed...
Traders Predict Binance Insolvent After No 3Commas Refund - Crypto Crash Incoming?
10.12.2022
After a Twitter user complained that Binance and CEO Changpeng "CZ" Zhao had done nothing to help them recover monies they believed were stolen from their account, Binance terminated the user's account. The client has three days to make a withdrawal request....
Read More: Traders Predict Binance...
Sam Bankman-Fried Finally Agrees to Testify Before House Committee Next Week – This is What Happened
10.12.2022
Sam Bankman-Fried, founder and former CEO of FTX, has eventually agreed to participate in the upcoming U.S. House committee’s hearing and testify on the collapse of his crypto empire.
In a Friday tweet, Bankman-Fried said he still does not have access to much data regarding his crypto empire...
Report: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX
10.12.2022
After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million simple agreement for future equity (SAFE) grant from the now-collapsed crypto exchange FTX....
US DOJ reportedly investigating FTX CEO for siphoning funds out of the US
10.12.2022
The anonymous informant revealed that DOJ officials met with FTX’s court-appointed overseers to discuss the scope of the information they need for further investigation
Bahamian attorneys pursue access to FTX data of international customers
10.12.2022
The Bahamian attorneys filed an emergency motion with a Delaware bankruptcy judge requesting access to FTX’s customer database to aid their ongoing investigations
Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days
10.12.2022
The meme coin economy has seen its value increase 7.77% against the U.S. dollar during the last month, as the meme token market leader dogecoin jumped 29.4% higher in 30 days. Dogecoin has also managed to move from the ninth-largest market cap position to the eighth-largest crypto market valuation...
Lessons we learned from the Terraform-FTX implosions
10.12.2022
The crises cryptocurrency experienced in 2022 served as a reminder of some classic bits of investing wisdom
Class Action Lawsuit Against FTX’s Celebrity Promoters and Sam Bankman-Fried Is Quietly Dropped
10.12.2022
A class action lawsuit filed against former FTX CEO Sam Bankman-Fried and a host of paid celebrity promoters for the now-defunct crypto exchange has been dropped
Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda
9.12.2022
On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block...
Crypto Markets Today: Exposed Alameda Research Loans to Media Site The Block and Its CEO Adds to FTX’s Miseries
9.12.2022
The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Who’s expected to testify before Congressional hearings on FTX?
9.12.2022
FTX CEO John Ray, actor Ben McKenzie and law professor Hilary Allen have been confirmed, while SBF, Kevin O'Leary, and Alameda CEO Caroline Ellison could still testify
FalconX says exposure to FTX represented 18% of its 'unencumbered cash equivalents'
9.12.2022
According to the crypto brokerage firm, the 18% ratio fell well within its “counterparty exposure limits.”
Crypto.com releases proof of reserves, showing above 100% for BTC, ETH
9.12.2022
The new disclosure page allows skeptical users to self-verify that their assets are included in the report