FTX News
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...
FTX’s Sam Bankman-Fried To Speak at New York Times DealBook Summit
Sam Bankman-Fried to speak with Andrew Ross Sorkin at the DealBook Summit in New York. The event will take place on November 30 with other speakers including Ukrainian President Zelensky....
SBF Better At ‘Bribing Media’ Than Running FTX: Elon Musk
Elon Musk calls out Sam Bankman-Fried for ‘bribing’ media. Teddy Schleifer tweeted SBF funded a number of media houses including ProPublica, Vox, The Intercept, and more. ProPublica grants for 2023...
Analyst Uncovers SBF’s Splurges Worth $121 Million in Bahamas
FTX spent at least $121 million on premium property for staff, including seven condos at Albany resort. The fallen FTX CEO’s parents now own a $16.4 million vacation home in...
SBF Invested $100 Million Prior to Elon Musk’s Twitter Deal
Elon Musk accepted SBF’s contribution of $100 million prior to acquiring Twitter. Musk ridiculed SBF publicly for seeing his b*****t before FTX’s bankruptcy case. Reports reveal SBF offered Musk $3...
U.S. Federal Prosecutors Had Eye on FTX Months Before It Crashed
The U.S. Federal Prosecutors investigated FTX months before its crash. Authorities probed FTX’s various arms, also the massive exchange operations. The findings of the investigation are yet to be disclosed....
Genesis On Brink of Bankruptcy if Efforts to Raise Liquidity Fails
Genesis reported struggles in raising funds for its lending unit after the fall of FTX. FTX’s bankruptcy filing this month caused Genesis to face a liquidity crunch. The crypto lender...
FTX Fraud Will Recur if No Preemptive Protocol Is Taken: Ripple CTO
Ripple’s CTO says more asset managers would scam investors unless preemptive mechanisms exist. Experts urge crypto investors to reduce their reliance on centralized platforms. Binance will partner with NGRAVE to...
Altcoins In The Red As Market Tries To Recover From FTX Drama
Most altcoins are in the red today as the crypto market is still trying to recover from the FTX meltdown over the last week. This includes altcoins like Polygon (MATIC),...
Chainalysis Alerts Exchanges to Freeze FTX Hacker Cash Outs
Chainalysis alerts exchanges to keep an eye out for illicit transfers of stolen FTX funds. Funds on FTX being transferred to The Bahamas Securities Commission were false. Chainalysis promises to...
FTX Accounts Drainer Dumps Ethereum for RenBTC From New Wallet
FTX Accounts Drainer has started to offload its ETH by swapping assets to launder stolen funds. The hacker started transferring stolen Ethers to a new wallet address. The cyberpunk’s move...
Ripple CEO Shows Interest in Purchasing Certain Assets From FTX
Brad Garlinghouse has shown interest in acquiring certain assets of FTX. The Ripple CEO wants to purchase FTX-owned companies that serve business customers. Meanwhile, Joe Biden has decided to lay...
FTX Relieves the Deputies of Sam Bankman-Fried of Their Duties
Bankrupt crypto FTX has fired three top executives, including a co-founder. Previously, FTX secured $420 million in fundraising valuing it at $25 billion. FTX’s former CEO sold a $300 million...
ADA’s Price drops 6.01% over the last 7 days following FTX drama
ADA’s price currently stands at $0.3248 after a 1.28% drop over the last 24 hours. The daily 9 EMA is holding down ADA’s price. FTX’s downfall wiped out the altcoin’s...
Records Suggest SBF Accumulated $300 Million from FTX Funding
SBF accumulated $300 million out of the $420 million funded by the company. FTX raised the amount the last October for the establishment of the business. The amount was a...
SBF Throws Ex-girlfriend Under The Bus for Alameda, FTX Downfall
SBF blames ex-girlfriend, Ellison for Alameda Research and FTX’s downfall. Ellison served as CEO of the FTX owner’s crypto trading house Alameda. Ellison claimed she wasn’t ‘a true crypto believer....
SBF Transferred Assets To Bahamas Custody Post Bankruptcy: Says FTX
FTX suggests Sam Bankman-Fried gained unauthorized access to its systems after filing for bankruptcy. Bankman-Fried believes he made the biggest mistake by filing for Chapter 11 bankruptcy. The former FTX...
CMC, CoinGecko Majorly Drop The Ball on FTX, Shows Report
Chinese reporter Wu questions CMC and CoinGecko ranking FTX highly on their platforms. ProChain Capital CEO David Tawil predicts the analytic platform’s image is tarnished. CoinGecko has begun tracking liquidity...
Multicoin Capital Tells Investors It Still Believes in Solana
Coin Wu tweeted that Multicoin Capital announced the firm’s fall as a result of FTX’s collapse. The company declared that still it has a belief in Solana. Though Multicoin anticipates...
