FTX News
Crypto Analyst Claims SEC Has Sent Letter And Will Respond Soon
Crypto tweeted that he had received a letter from the SEC. Bitboy also pinpoints that Sam Bankman-Fried aka SBF had also met with Gary. Some users believe that the letter...
Bitcoin Could Fall to $5,000 in 2023: Says StanChart Analysts
According to StanChart analysts, Bitcoin could go as low as $5,000 in 2023. The probable decline in BTC could lead to a rise in the price of physical gold. Drop...
Pythogoras’ Funds Gain 8% Amidst Commotion in Crypto Space
Peter Went tweeted about Bloomberg’s report on Pythagoras’ hedge funds’ gain this year. In the midst of continuous losses in the entire crypto world, two hedge funds of Pythagoras had...
Crypto Community Attacks SBF for Blaming FTX’s Ruin on Binance CEO
The crypto community mocks the former CEO of FTX for blaming the Binance CEO. Bankman-Fried claimed FTX would be much more stable if CZ had remained silent. In an interview,...
US Justice Department Bankruptcy Watchdog Follows Up On FTX
The US Department of Justice is seeking an independent investigation of the bankrupt FTX. FTX’s new CEO John Ray says he wishes to recover customer assets as a priority. DOJ...
Galaxy Digital CEO Thrashes FTX’s Sam Bankman as “Delusional”
Galaxy Digital CEO Mike Novogratz says FTX CEO was “Delusional”. He predicts that SBF will be prosecuted and jailed. Novogratz also backed out of his $500,000 price prediction for Bitcoin....
From FTX Downfall to BTC’s New Low; November 2022 Recap
The FTX downfall had a domino effect on the rest of the crypto market. The global crypto market cap dropped to near-$800 billion. BTC’s price established a new low for...
Major Cryptos Settle Their Gain Streak as Market Slumps Back
Bitcoin, and other cryptos erase their short-term gain rally. The market slump was triggered by lost confidence post-FTX collapse. BTC has fallen below $17,000 at press time. Major cryptocurrencies, including...
FTX’s Fall Has Affected North Korea and Their Hacking Streak
Troy Stangarone, senior director at the Korea Economic Institute of America (KEI) stated the implications of FTX’s fall for North Korea. Stangarone stated that FTX’s collapse will negatively North Korea....
Bankman-Fried Affirms that FTX.US Will Open Withdrawals This Month
Former FTX CEO appeared in a live interview with the New York Times. Bankman-Fried told the public FTX.US was solvent and that withdrawals would be open. The former CEO blamed...
‘I Don’t Even Know How To Code,’ SBF Declares in Latest Interview
Youtuber Coffeezilla, in his recent video, analyzes Sam Bankman-Fried’s latest interview. “Sam lies a lot,” says the analyst, questioning most of the former CEO’s claims. The interview was taken by...
BlockFi Files for Chapter 11 Bankruptcy Amid FTX Collapse
The crypto lending firm BlockFi has willingly filed for US bankruptcy under Chapter 11. The firm will revise efforts to collect debts owing to BlockFi by its partners, eg FTX...
Charles Hoskinson: FTX Collapse Proves Decentralization is Needed
Charles Hoskinson said that the collapse of FTX has demonstrated the need for decentralization, and proof of reserves. Cardano co-founder said markets are cyclic and what stays behind is the...
Analyst Convinces SBF Into Doing a Twitter Space in Coming Weeks
Ben Armstrong said he would be doing a Twitter Space with Bankman-Fried. The BitBoy Crypto founder was seen camping outside Bankman-Fried’s house. Following the FTX fall, crypto platform BlockFi filed...
BitBoy Calls Kevin O’Leary a Murderer; O’Leary Claps Back
Analyst Ben Armstrong gets into a Twitter spat with Shark Tank Star Kevin O’Leary. Armstrong called O’Leary a “murderer,” referring to a case the TV personality was involved in. O’Leary...
Amidst China’s Covid-Zero Mobility Restrictions, Crypto Suffers Severely
Bitcoin, at one point went down 3.2% and was trading at about $16,170. Moreover, rumors around a possible insolvency of wETH reportedly led to massive sales of Ethereum. As a...
‘Get a Life!’ Tweets Kevin O’Leary, While Responding to Armstrong
Kevin O’Leary responded to Bitboy stating that the latter may need help as he seems disoriented. His tweet was a response to Bitboy’s concern about having an interview with Kevin....
The Bahamas Is a Nation of Laws: Bahamas Attorney General
Crypto exchange FTX remains a subject of scrutiny by the Bahamian authorities. There is an active and ongoing investigation going on FTX: Attorney General Ryan Pinder. Ben Armstrong flew to...
BTC Storage on Exchange Platforms Drops Below 7% After FTX Drama
Santiment shared a tweet yesterday regarding the percentage of BTC stored on exchanges. The recent FTX drama has pushed investors towards self-custody. BTC’s price is currently in a consolidation channel....
SBF’s Alameda Research Holds 13.25% Solana Coins In Circulation
Solana has suffered a loss of 50% due to exposure to bankrupted cryptocurrency exchange, FTX. SOL is currently trading at $14.3 with zero signs of recovery. Crypto influencer BitBoy asked...
FTX Gave $1M to a Republican SPAC Two Weeks Before Bankruptcy
FTX US gave $1M to a Republican’s fund two weeks before declaring bankruptcy. Sam Bankman donated $40 billion to the Democrats in the midterm elections. Alameda Research lent Sam Bankman...
Laura Shin Calls Out CEO of Grit Capital For Alleged Misinformation
Sam Bankman pledged to prevent nuclear war and stop future pandemics. New CEO John J. Ray has stated: “unprecedented corporate controls” at FTX. Future Fund awarded grants of over $160...
Sam Bankman Fried’s ‘Plans To Save the World’ Went Down in Flames
Sam Bankman pledged to prevent nuclear war and stop future pandemics. New CEO John J. Ray has stated: “unprecedented corporate controls” at FTX. Future Fund awarded grants of over $160...
US Senator Warren Believes Crypto Is ‘Dangerously Delusional’
Elizabeth Warren said crypto is similar to the delusional claims of past financial scams. The senator believes FTX implosion shows the need for protective regulation. Ripple blockchain CTO, David Schwartz,...
Was Dealing With a Fraudster, Couldn’t Trust Data: CZ on FTX
Changpeng Zhao called SBF a fraudster in his live interview on Bloomberg. The CEO also declared that the industry would be fine despite FTX’s collapse. Zhao believes the industry requires...
