[Nov 17, 2022 10:13 AM] The newly appointed CEO of FTX provides initial bankruptcy filing calling previous management a “complete failure” and details misuse of corporate funds.FTX Exchange, following the collapse of its business, has filed its first day declaration in…
[Nov 17, 2022 9:30 AM] Amid the latest bankruptcy case filed by FTX Trading Ltd., U.S. regulators want to crack down on crypto exchanges, and a class action lawsuit has been issued against former FTX CEO Sam Bankman-Fried (SBF) and 12 celebrities. However, this is not…
[Nov 17, 2022 8:25 AM] A fresh bankruptcy filing from FTX chief restructuring officer John Ray III highlights that Sam Bankman-Fried received $1 billion in loans from FTX-related silo companies.
[Nov 16, 2022 8:00 PM] Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that he would again back Sam Bankman-Fried (SBF), the former CEO of the collapsed crypto exchange FTX. “You can’t be serious,” many people told O’Leary, alleging…
[Nov 16, 2022 3:30 PM] Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit.
[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.
[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…
[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.
[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…
[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.
[Nov 16, 2022 4:32 AM] The collapse of FTX crypto exchange has nothing to do with the success of Bitcoin because BTC is decentralized and FTX was not, Tim Draper said.
[Nov 16, 2022 3:04 AM] Most of FTX's Solana exposure stands vested, meaning the defunct exchange will gradually gain access to millions of SOL up until January 2028.
[Nov 15, 2022 11:30 PM] U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an end to the regulatory gray area in which the crypto industry has operated.” He added that he plans to work…
[Nov 15, 2022 5:13 PM] Lawmakers, regulators and even the institutional media don’t seem to have much interest in faulting SBF for using customer money to trade under the table.
[Nov 15, 2022 4:30 PM] On Nov. 14, the New York Times (NYT) published a massive 2,200-word expose and interview with the former CEO of FTX, Sam Bankman-Fried (SBF), and the article was criticized a great deal after it was published. The article noted that SBF would only…
[Nov 15, 2022 10:32 AM] The reality of the situation in “crypto” is people have discovered a way to recreate the corruption that exists in the incumbent financial system.The below is a direct excerpt of Marty’s Bent Issue #1282: “The personification of dirty…
[Nov 15, 2022 7:37 AM] In the latest bankruptcy filing for the exchange, it was revealed that there may be 1 million creditors, rather than the 100,000 initially estimated.
[Nov 15, 2022 5:55 AM] The FTX hacker managed to steal $477 million out of the $650 million moved on-chain on Nov.11 and currently holds $62 million in total assets.
[Nov 15, 2022 3:29 AM] While SBF refuses to interact with Crypto Twitter, the same community he once called home, he was featured in New York Times trying to explain the sequence of events that led to the fall of FTX.
[Nov 15, 2022 3:00 AM] According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-Fried’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth of tokens…
[Nov 15, 2022 1:29 AM] A series of strange tweets by former FTX CEO Sam Bankman-Fried caused widespread speculation on Twitter, but he claims he’s “improvising” and “making it up as I go.”
[Nov 14, 2022 6:37 PM] Sam Bankman-Fried’s degeneracy brought some turbulence to the market. Now it’s time to get back to the basics of transforming finance.
[Nov 14, 2022 1:51 PM] What the FTX failure means for Bitcoin, and why it may be the best thing to happen in 2022 as well as the catalyst for the next bull market.This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder…
[Nov 14, 2022 11:30 AM] In light of a recently published real estate listing, former FTX CEO Sam Bankman-Fried (SBF) is reportedly selling a 12,000-square-foot penthouse in the Bahamas for $39.9 million. Moreover, reports further detail that FTX Property Holdings spent…
[Nov 14, 2022 11:21 AM] We must learn from the historic collapse of Sam Bankman-Fried’s FTX cryptocurrency exchange before the world economy suffers a similar fate.This is an opinion editorial by Captain Sidd, a finance writer and explorer of Bitcoin culture.If you…
[Nov 14, 2022 3:03 AM] Despite the backlash he previously received for purchasing BTC as markets crashed, Bukele cited the recent FTX collapse to explain why Bitcoin is different.
[Nov 13, 2022 9:00 PM] The U.S. Securities and Exchange Commission (SEC) reportedly met with crypto exchange FTX and former CEO Sam Bankman-Fried several times before the crypto firm filed for bankruptcy. SEC Chairman Gary Gensler was rumored to be helping FTX with legal…
[Nov 13, 2022 5:00 PM] The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple red flags, the executive stressed: “The damage here is huge … We’re going to be working to…
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