FTX News
Exchanges Move Off an All-Time High Amount of BTC; Reports Suggest
Reportedly, exchanges have been moving off bitcoins, resulting in the all-time high quantity of coins removed. Currently, the amount of the asset removed stands at 18.2 million BTC, while the...
FTX Trial Takes New Turn; Judge Abrams Recused From SBF’s Case
FTX controversy sees another turn as US District Judge Ronnie Abrams recused herself from the Samuel Bankman-Fried(SBF) case. She said that her husband is a partner at a law firm...
Peter Schiff Mocks SBF, Says More Crypto Millionaires to be Affected
Famous gold bug and economist Peter Schiff has criticized the cryptocurrency industry once again, this time mocking former FTX CEO, Sam Bankman Fried. In a December 23 tweet, the American...
Bankman-Fried Granted Pretrial Bail After $250M Bond Package
Awaiting judgment, the founder of FTX, Sam Bankman-Fried, aka SBF, has been granted bail on a $250 million bond package, which is paid through his parent’s equity in their house....
Michael Saylor Speaks about FTX With Daniel Price for 2022 Review
In one of the most recent YouTube videos, Michael Saylor, the founder, and chairman of MicroStrategy sat down with Daniel Prince, an author, and host of the Once Bitten Pod....
Ripple CEO Says Wells Fargo’s Fund Mismanagement is Just a Blip on the Radar
Ripple CEO Brad Garlinghouse recently tweeted about the whole Wells Fargo situation. He claimed that the entire world was outraged by SBF and FX’s deception. However, he stated that he...
US SEC Charges Caroline Ellison & FTX CTO for Multiyear Fraud
The US Securities and Exchange Commission (SEC) has officially charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao Wang, FTX’s former Chief Technology Officer, for their roles in...
SBF Heads to US; Former Alameda Exec, Founder of FTX Plead Guilty
Sam Bankman-Fried’s aides including Caroline Ellison, who was the chief executive of Alameda Research, and Gary Wang, a founder of FTX, have pleaded guilty to federal criminal fraud charges. Meanwhile,...
US Congressman Backs Crypto Industry And Blames FTX Issue on SEC
Tom Emmer, a US congressman, is backing the crypto industry, arguing that the collapse of the FTX exchange was not the failure of crypto by itself but a fault of...
Jim Bianco Asks Kevin O’Leary to Return $15M to FTX Administrators
Jim Bianco, the president of Bianco Research, bashes Canadian entrepreneur Kevin O’Leary for his recent tweet on the whole FTX drama. Leary stated in one of his recent tweets that...
FTX Collapse Effect; One Time Crypto Fans Now Leaving the Industry
The FTX collapse had a dire effect on the crypto industry and crypto fans alike, as many one-time fans are now leaving the industry. The year has been the toughest...
Crypto Analyst Claims FTX’s ‘Propaganda Arms’ Caused Binance FUD
Discussing the drama revolving around the crypto sector, crypto analyst Ben Armstrong, aka Bitboy Crypto, took to Twitter to give his two cents on the latest FUD rising on the...
LunarCrush Releases 2022’s Biggest Crypto Moments In Recap Video
LunarCrush released a recap video on 2022’s most epic cryptocurrency moments. The video starts with a brief introduction to the company which collects social and market activity from cryptocurrencies, NFTs,...
If Bears Triumph, XRP Values May Tumble Below $0.3481 Support
Crypto markets have been tumultuous since the FTX meltdown. Binance has seen more withdrawals because to concerns that customers’ assets may be mixed with the exchange’s funds. Mazars’ South African...
US Democrats Decide to Pay Back SBF’s $1 Million Political Fund
Subsequent to the arrest of Sam Bankman-Fried, the former CEO of the recently collapsed crypto exchange FTX, the three top US Democrats, namely, the Democratic National Committee (DNC), the Democratic...
These Are the Three Reasons the Crypto Markets Are Down This Week
The global crypto market cap is down 5.37% over the last 24 hours according to the crypto market tracking website, CoinMarketCap. There are three main driving factors that have dragged...
Solana Development Continues Even After Recent FTX Drama
Solana (SOL) has been tangled in FUD ever since rumours surfaced that the Solana ecosystem was linked to the FTX drama, and this has drastically affected the price of the...
“Binance Put FTX Out of Business Intentionally”: Kevin O’Leary
The Shark Tank judge, Kevin O’Leary, recently spoke at a Senate hearing and addressed the crash of the FTX crypto exchange. Senator Patrick Joseph Toomey Jr. of the United States...
Authorities Accuse SBF of Diverting FTX Funds to Political Campaigns
Federal officials accuse Sam Bankman-Fried, the founder of FTX, of committing unlawful political contributions totaling tens of millions of dollars to both Republican and Democratic leaders. According to the prosecution,...
Busan Seeking to Become Blockchain Hub; Faces Difficulties
Busan, South Korea, is adamant about becoming a central hub for blockchain technology. The Korean city seeks to create a “global digital information ecosystem” and intends to incorporate blockchain technology...
Judge Denies Bankman-Fried’s Bail Request Due to Flight Risk
A Bahamanian judge has ordered that the ex-FTX exchange CEO Sam Bankman-Fried be held in jail while his legal team battles to keep him out of the United States. The...
U.S. Senator Pleads for New Legislation After FTX Collapse
U.S. Senator Cynthia Lummis, a strong proponent of bipartisan crypto legislation, tweeted on December 13 that the Lummis-Gillibrand Responsible Financial Innovation Act could have prevented the fall of FTX and...
Court Testimony Reveals Alameda Used FTX Funds Without Limitation
Shining light on FTX’s misdeeds, the court testimony of the new CEO of FTX John Ray III has been released to the public today. One of the shocking truths among...
SBF, Former CEO of Bankrupt FTX, Arrested in The Bahamas
According to the latest reports, the founder of the bankrupt cryptocurrency exchange FTX Sam Bankman-Fried (SBF) was arrested on Monday in The Bahamas. The arrest was made after Sam was...
Chinese Regulator Drafts New Requirements for Licensed Crypto Firms
A Chinese digital asset regulator has expressed contempt at the recent bankruptcy of the FTX crypto exchange, given that it affected other virtual asset businesses in China. It also described...
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