52 / 58 Relevant items tagged with #FTX
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No red flags at FTX despite 8 months of 'extensive due diligence' — Temasek
[Nov 16, 2022 11:59 PM] Despite eight months of due diligence, investment firm Temasek found no major concerns with FTX’s financials and no sign that the crypto exchange would eventually collapse.
Investment Firm Paradigm Still Optimistic About Crypto — Says ‘Issues at FTX Are Precisely Ones Defi Can Solve’
Bitcoin Price Trends Below $17,000, What’s Ahead For The Crypto King?
[Nov 16, 2022 11:01 PM] The Bitcoin and crypto market has been volatile for most of 2022. Judging from the prolonged bear market, most experts were optimistic that it was close to an exit point. However, recent trends in the crypto world and macro-financial activities…
The Crypto Contagion Intensifies With More Dominoes To Fall
[Nov 16, 2022 10:00 PM] A look into the next potential dominoes in the crypto native contagion, along with a comparison of the recent historic levels of withdrawals. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium…
Bahamian liquidators reject validity of FTX's US bankruptcy filing
[Nov 16, 2022 8:50 PM] The provisional liquidator overseeing the FTX Digital Markets bankruptcy proceedings says FTX wasn’t authorized to file for bankruptcy in the U.S without his approval.
Kevin O’Leary Slammed for Saying He’d Back Former FTX CEO Again — Insists SBF Is a ‘Brilliant’ Crypto Trader
FTX’s new CEO John Ray coldly addresses SBF’s erratic tweets
[Nov 16, 2022 6:22 PM] The new CEO of FTX gave a curt statement in response to the series of intermittent tweets by former CEO Sam Bankman-Fried.
Paolo Ardoino Talks FTX, Adoption And Self-Custody With NewsBTC
[Nov 16, 2022 5:03 PM] 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 second-largest exchange in the world, crumbled…
Paolo Ardoino Talks FTX, Adoption And Self-Custody With NewsBTC
[Nov 16, 2022 5:03 PM] 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 second-largest exchange in the world, crumbled…
FTX’s Collapse Reveals Deeper Questions About Bitcoin Adoption Versus Speculation
[Nov 16, 2022 4:01 PM] The exchange’s collapse will change the motivations for bitcoin adoption and re-orient educational routes.This is an opinion editorial by Brooks Lockett, a freelance writer and Bitcoiner who fell down the rabbit hole in 2018.I long for the day when…
Tom Brady and other celebrities named in class-action lawsuit against FTX
[Nov 16, 2022 3:30 PM] Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit.
Sam Bankman-Fried updates investors: ‘We got overconfident and careless,’ claims $13B leverage
[Nov 16, 2022 3:00 PM] “I was on the cover of every magazine, and FTX was the darling of Silicon Valley,” said the former CEO on the crypto firm’s path to bankruptcy.
US House Committee to Investigate and Hold Bipartisan Hearing on FTX Collapse
[Nov 16, 2022 2:30 PM] The U.S. House Financial Services Committee is planning to investigate the FTX collapse, according to a joint press release published by the committee’s chair Maxine Waters and representative Patrick McHenry. Furthermore, a congressional hearing is…
DeFi platforms see profits amid FTX collapse and CEX exodus
[Nov 16, 2022 2:23 PM] On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency.
FTX And Bitcoin: The Good, The Bad And The Ugly
[Nov 16, 2022 2:00 PM] The collapse of FTX teaches valuable lessons, alongside the certainly negative aspects of contagion spreading in the industry.This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the…
This Firm Offers 8 To 12 Cents On A Dollar Of FTX User Deposit Claims
[Nov 16, 2022 1:56 PM] 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 recover their funds from the exchange. As a…
Bybit releases reserve wallet addresses amid calls for transparency
[Nov 16, 2022 1:15 PM] The wallets seem to indicate that over $1billion worth of BTC, USDT, ETH, and USDC are held by the exchange.
Tom Brady, Gisele Bundchen And Sam Bankman-Fried Sued Over FTX Collapse
[Nov 16, 2022 12:54 PM] Per a report from the Washington Examiner, NFL Legend Tom Brady and others are facing a class action lawsuit from FTX investors. The football player is one of the many celebrity ambassadors who vouched for the crypto exchange platform. Earlier…
Crypto skeptic Brad Sherman: federal financial regulators 'sound like Sam Bankman-Fried'
[Nov 16, 2022 11:46 AM] The U.S. lawmaker suggested four financial regulatory heads had done little to address “crypto billionaire bros” using digital assets for the evasion of sanctions and taxes.
Tom Brady, Gisele Bündchen, Kevin O’Leary, and 9 Other Celebrities Named in FTX-Related Class-Action Lawsuit
[Nov 16, 2022 11:30 AM] Former FTX CEO Sam Bankman-Fried (SBF) and a number of celebrities including Tom Brady, Gisele Bündchen, Stephen Curry, and Shaquille O’Neal have been named in a class-action lawsuit involving the alleged engagement in deceptive practices with FTX…
FTX collapse was a ‘dumpster fire,’ says US lawmaker announcing investigative hearing
[Nov 16, 2022 10:00 AM] “There is no sugarcoating it: the FTX collapse has been a dumpster fire,” said House Financial Services Committee ranking member Patrick McHenry.
Bitcoin 7-Day Volatility Comes Alive As FTX Collapse Shakes Market
[Nov 16, 2022 10:00 AM] Data shows the Bitcoin 7-day volatility has come alive during the last week as the collapse of crypto exchange FTX has shaken up the market. Bitcoin 7-Day Volatility Has Spiked To Values Above 7% According to the latest weekly report from Arcane…
Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations
[Nov 16, 2022 9:30 AM] Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s…
Genesis Global Capital Halts Bitcoin, Crypto Withdrawals
[Nov 16, 2022 9:09 AM] Following the implosion of FTX and the locking up of over $175 million, Genesis’s lending arm faces a liquidity crisis and is actively seeking new capital.Cryptocurrency lender Genesis Global Capital has paused withdrawals and loan applications…
FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack
[Nov 16, 2022 7:20 AM] The infamous Mt. Gox Bitcoin hack cost the same in U.S. dollar terms as FTX emptying its 20,000 BTC balance.
Dogecoin Holds Above 0.08; Here Is Why This Is Good For DOGE Army
FBI Plans To Extradite FTX Bankman-Fried From Bahamas As Contagion Spills To Genesis?
[Nov 16, 2022 6:48 AM] As Daily Mail reports, FTX’s former CEO Sam Bankman-Fried could be facing extradition. After more and more shocking details about FTX, Alameda and their leaders came to light in recent days, Bankman-Fried is facing extradition by the FBI…
US reportedly considering Bankman-Fried extradition for questioning
[Nov 16, 2022 6:43 AM] Authorities in both countries are reportedly in conversation about whether to bring the former FTX CEO back to the United States.
Turkey’s Financial Intelligence Unit Launches Investigation Into FTX Collapse
[Nov 16, 2022 6:30 AM] The Turkish agency responsible for tackling money-related crime has initiated an investigation against troubled crypto exchange FTX. Days after the trading platform filed for bankruptcy in the United States, the department revealed it has been…