FTX News
Solana Development Continues Even After Recent FTX Drama
The FTX drama has drastically affected the price of SOL. Firedancer is one improvement that will be rolled out in the first half of 2023.…
“Binance Put FTX Out of Business Intentionally”: Kevin O’Leary
Investor Kevin O’Leary testified against Binance in the US Senate hearing on FTX. As former FTX spokesman, O’Leary claimed that Binance intentionally destroyed FTX. In…
Authorities Accuse SBF of Diverting FTX Funds to Political Campaigns
Federal officials accuse SBF of committing unlawful political contributions totaling tens of millions of dollars. Bankman-Fried’s motive behind the fat donations was to sway legislation…
Busan Seeking to Become Blockchain Hub; Faces Difficulties
Busan continues towards the implementation of Blockchain in all public services. Investors welcomed the latest CPI data, with BTC rising to $17,700 Former FTX CEO…
Judge Denies Bankman-Fried’s Bail Request Due to Flight Risk
Sam Bankman-Fried has made an appeal for bail from the Bahamanian court. The judge has denied Bankman-Fried’s bail request due to any chances of flight…
U.S. Senator Pleads for New Legislation After FTX Collapse
U.S. Senator pushes for the passage of the Responsible Financial Innovation Act. Cynthia Lummis claims this act could have prevented the FTX collapse. The Senator…
Court Testimony Reveals Alameda Used FTX Funds Without Limitation
John Ray III’s court testimony on FTX has been released to the public today. Alameda used FTX's funds without any effective restriction. The testimony provided…
SBF, Former CEO of Bankrupt FTX, Arrested in The Bahamas
SBF was arrested in Nassau after he was criminally charged by U.S. officials. The Southern District of New York has also confirmed his arrest on…
Chinese Regulator Drafts New Requirements for Licensed Crypto Firms
China is creating new conditions for approved virtual asset exchanges. The Chinese digital asset regulator decided this due to the recent FTX fraud. Recently, China…
SBF’s Parents Withdraw from Teaching at Stanford Law School
Stanford Law professors Bankman and Fried will no longer teach from next year. SBF's mother claimed it was part of her retirement plan and had…
