Search
Bahamas FTX Liquidators Agree to Transfer Bankruptcy Case to Delaware
22.11.2022
Court-appointed liquidators for collapsed FTX in the Bahamas had filed a separate suit in a New York court, while the exchange had filed for bankruptcy in Delaware
News Summary: Indian CBDC Pilot to Launch Within a Month, Three Arrested for Major Crypto-related Crimes, EQONEX Files for Debt Restructuring
22.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: Indian CBDC Pilot to Launch Within a Month, Three Arrested for Major Crypto-related Crimes, EQONEX Files...
FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated
22.11.2022
According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF transferred $10 billion in customer funds to Alameda Research, the company’s financials show between...
Who Is Gary Wang, the Mysterious Co-Founder of FTX and Alameda?
22.11.2022
Not much is known about Bankman-Fried’s close confidant – the co-founder of both FTX and Alameda Research
Who's Who in the FTX Inner Circle
22.11.2022
FTX collapsed. These players held the keys
Crypto Didn’t Fail FTX; People Did
22.11.2022
Decentralization was, and still is, the answer, says the co-founder of NEAR Protocol
Litecoin hits fresh 2022 high versus Bitcoin — But will LTC price 'halve' before the halving?
22.11.2022
Litecoin diverged from the broader crypto market downtrend in the months leading up to its halving in August 2023
FTX Latest – Crypto Prices Settle But FTX Only Has $1.24 Billion Cash, Bahamas and SBF Link, Genesis on Brink, FTX Japan Withdrawals
22.11.2022
Court filings show that FTX debtor companies have a total cash balance of just $1.24 billion.
News has also emerged that US prosecutors were investigating FTX well before the company collapsed.
A summary of the balances drawn up by business consultancy firm Alvarez & Marsal and filed by Edgar...
Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils
22.11.2022
Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be used by the company’s senior executives, quoted documents have revealed. Bankman-Fried’s Parents Trying to Return...
First Mover Americas: Bitcoin Drops as FTX Fallout Spreads
22.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 22, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
CoinMarketCap launches proof-of-reserve tracker for crypto exchanges
22.11.2022
The tool allows users to monitor exchanges’ reserves through displays of total assets and public wallet addresses, along with the balance and value of the wallets displayed
US Senators Ask $4.5 Trillion Investment Firm Fidelity to Reconsider Exposure to Bitcoin in Wake of FTX Implosion
22.11.2022
Three US senators asked the major financial services firm Fidelity Investments to reconsider exposing workplace retirement plans to bitcoin (BTC).
Democratic senators Richard Durbin, Elizabeth Warren, and Tina Smith penned a letter to "strongly urge" the company's CEO Abigail Johnson to reconsider...
Bitcoin will survive failure of ‘any giant’ in crypto, Samson Mow says
22.11.2022
Bitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow
Crypto Firm Genesis Struggles to Raise Fresh Capital, In Talks with Binance – Next Domino to Fall From FTX Contagion?
22.11.2022
The troubled crypto trading firm Genesis is reportedly struggling to raise fresh funds for its lending unit - and may be headed into bankruptcy.
According to Bloomberg, citing people with knowledge of the matter, the company has spent the past several days looking to raise a minimum of $1 billion...
S Korean Regulators Draft New Crypto Laws – to Prevent More FTX and Terra ‘Incidents’
22.11.2022
Financial regulators in South Korea want to impose a raft of new crypto-related laws – in a direct response to the collapse of the FTX crypto exchange and the implosion of Terra ecosystem coins in May.
Thus far, most South Korean crypto exchanges have been left relatively unscathed by the...
New Revelation: US Prosecutors Were Looking Into FTX Long Before Exchange Collapsed
22.11.2022
The recent unexpected collapse of major crypto exchange FTX has drawn the attention of investors from across the world, but recently revealed information suggests that Sam Bankman-Fried’s company was on the radar of federal prosecutors long before FTX filed for bankruptcy. ...
Read More:...
FTX ordered to pay reimbursement fees to Bahamian regulators
22.11.2022
The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt crypto exchange FTX on Nov. 12
Modified Video of FTX Founder Sam Bankman-Fried Directs Users to Fraudulent Website - This is What You Need to Know
22.11.2022
A modified video of Sam Bankman-Fried, founder and former CEO of collapsed crypto exchange FTX, is trying to trick users into a fake crypto giveaway and potentially steal their funds.
Over the weekend, a deepfake video impersonating SBF was circulating on Twitter. To make the fake video more...
Industry expresses confidence in the NFT space amid the FTX collapse
22.11.2022
NFT artist Johnathan Schultz believes that the era of NFTs without utility is dwindling, and to survive, it must outgrow the “memeification” of things
SBF, FTX execs reportedly spend millions on properties in the Bahamas
22.11.2022
At least 19 properties worth around $121 million were reportedly purchased under FTX's name, Sam Bankman-Fried’s parents and senior-level executives