33 / 33 Relevant items tagged with #SamBankmanFried

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FTX CEO Updates Crypto Community, Sunsets Alameda Trading, Addresses a Specific ‘Sparring Partner’

[Nov 10, 2022 11:30 AM] On Nov. 10, 2022, FTX CEO Sam Bankman-Fried (SBF) addressed the crypto community in a thread posted to Twitter. SBF noted that he messed up and “should have done better” and also detailed that at some point he “might have more to say about a…

Japan’s financial regulator requests FTX Japan halt operations

[Nov 10, 2022 10:10 AM] Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA steps in.

Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens

[Nov 10, 2022 10:00 AM] Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the…

From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX

[Nov 10, 2022 9:00 AM] During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion…

Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’

[Nov 10, 2022 8:41 AM] According to the FTX CEO, Alameda Research was also “winding down trading” but United States-based exchange FTX US “was not financially impacted” by recent events.

Unclear regulations drove 95% of trading activity offshore: Coinbase CEO

[Nov 10, 2022 3:40 AM] The U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange.

SBF tells investors FTX needs $8B in emergency funding: WSJ

[Nov 9, 2022 8:54 PM] According to reports, FTX CEO Sam Bankman-Fried asked investors for emergency funding to cover an $8 billion shortfall during a Nov. 9 investors call.

Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’

[Nov 9, 2022 5:30 PM] Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great…

Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’

[Nov 9, 2022 4:30 PM] Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoin’s white paper on Twitter on the document’s 14th birthday, Snowden had some words with Craig…

Alameda Research and FTX Ventures websites go dark

[Nov 9, 2022 3:01 PM] Pages for the quantitative trading firm and the venture capital arm have been taken offline and made private.

Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’

[Nov 9, 2022 12:30 PM] Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (FTT) as the due…

Bitcoin sinks under $16K as FTX insolvency fears turn into contagion

[Nov 9, 2022 12:01 PM] BTC and altcoins continue to sell off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across the entire crypto market.

Not just FTX Token: Solana price nukes 40% along with other ‘Sam coins’

[Nov 9, 2022 7:14 AM] Cryptocurrencies exposed to Sam Bankman-Fried and his companies, Alameda Research and FTX, have dropped by an average of 40% this week.

Alameda Research FTT token transfer from September fuels wild speculations

[Nov 9, 2022 5:00 AM] According to on-chain data, FTT token supply increased by 124.3% on Sept. 28 when 173 million FTT tokens were created by a 2019 ICO contract and Alameda was the recipient.

FTX Exchange Set To Be Acquired By Binance Following Liquidity Crisis

[Nov 8, 2022 11:44 AM] Following a liquidity crunch, FTX reached out to Binance to solve its liquidity issues through acquisition to keep FTX customers whole.FTX Exchange is set to be acquired by Binance, pending due diligence, following a liquidity crisis from FTX, per…