FTX News
SBF Attempts to Manipulate Evidence: Imposes Tougher Bail Conditions
According to recent reports, the US Attorneys in Manhattan proposed to impose inflexible bail conditions on the disgraceful Sam Bankman-Fried, the former CEO of the crypto exchange FTX. The proposal...
US SEC Investigates Investment Advisors About Crypto Regulations
The U.S. Securities and Exchange Commission is investigating registered investment advisors to determine whether they are complying with regulations regarding the custody of client cryptocurrency assets, reported three sources with...
FTX Objects to US DOJ’s Request for Individual Investigation
According to the latest reports, the once prominent and now collapsed crypto exchange FTX objected to the request of the US Department of Justice. While the department requested an independent...
3AC’s Su Zhu Speaks Out: FTX Crash Could Have Been Avoided
Expressing his opinion, Su Zhu, the co-founder of the fallen Three Arrows Capital (3AC), took to Twitter to state that the FTX crash and the tremors faced by it could...
Judge Approves Sullivan & Cromwell to Be Debtors’ Counsel in FTX case
According to the latest reports, a bankruptcy judge has approved Sullivan & Cromwell’s bid to be the debtors’ council. The judge reportedly stated that he has no concerns about the...
An Insight into FTX’s Liquid Assets: Kaiko Shares Details
The real-time and historical cryptocurrency data provider, Kaiko tweeted about the leaked slide from an “FTX bankruptcy deck”, where the fallen crypto exchange FTX enlisted the company’s “liquid assets”. Notably,...
New FTX CEO John J. Ray III Plans To Breathe Life Into FTX.com
Discovering a chance of recovery, FTX’s new CEO, John J. Ray III, announced that there is a possibility of reviving the bankrupt FTX.com because of the crypto exchange’s technology. Ray...
Crypto Media House CoinDesk Taps Bankers to Explore Potential Sale
According to the latest reports, Crypto Media House, CoinDesk have hired investment bank Lazard as it explores the potential sale of its business. The decision comes in light of the...
“Genesis’ Bankruptcy Plan” is Cramer’s Favorite News for Wednesday
Famous American TV Personality Jim Cramer becomes critical of the crypto market once again in his latest tweet where he claims that “crypto firm Genesis planning for bankruptcy filing” has...
Crypto Journalist Takes a Shot at FTX’s Updated Balance
Tiffany Fong, a crypto journalist, tweeted that she viewed some of FTX’s spreadsheet reminiscing about her meet-up with the CEO of FTX, Sam Bankman-Fried. Fong says, “he was very aware...
FTXUS Losses Revealed; SBF Responds
Conor Grogan, the Director at the crypto exchange Coinbase, tweeted about the “questionable FTXUS redemption system” in response to the disgraced FTX founder Sam Bankman-Fried’s claim that FTXUS has “hundreds...
SOL Overtakes MATIC By Market Cap, What’s Next For DOGE?
According to data from CoinMarketCap, Solana (SOL) took over Polygon (MATIC) for a brief time with a total market cap worth $8,646,177,569. However, Polygon soon reclaimed its place with a...
Ex-FTX US President Brett Harrison Denies Involvement in Scandal
Former FTX US president, Brett Harrison has debunked rumors linking him with the alleged fraud executed by Sam Bankman-Fried (SBF) and his team at FTX. According to Harrison, the scheme...
SBF Asks Gary Wang to Create Secret Backdoor; $65 Billion Stolen
Reportedly, Andrew Dietderich, an FTX attorney reported in Delaware bankruptcy court that the disreputed Sam Bankman-Fried, the former CEO of the collapsed crypto exchange FTX, told Gary Wang, the co-founder...
Despite the FTX Collapse, UK Wants to Become the Global Crypto Hub
Despite the aftermath caused by the collapse of leading crypto exchange FTX, the UK still wants to become a global crypto hub. As per latest reports, British MPs and financial...
SBF: The Payment Option on Substack Was Unintentional
In response to a Tweet by Caitlin Ostroff, a Wall Street Journal reporter, regarding his Substack’s payment option, Sam Bankman-Fried (SBF) says that the featured option was unintentional and he...
Advisors of Bankrupt FTX Found $5B Worth of Sunken Treasures
FTX Group advisors revealed that they have found more than $5 billion in cash or crypto assets, which could help repay the creditors. With crypto communities expecting 2023 will be...
FTX’s Former CEO SBF Believes Firm Has the Best Recovery Scenario
Despite the controversial collapse of leading crypto exchange FTX, former CEO Sam Bankman-Fried (SBF) is bullish on its recovery of customers’ funds. He believes that the firm has the best...
Crypto Wallet of FTX Sister Firm Alameda Research Receives $30M USDC
Lookonchain alerted the crypto community that one of the crypto wallets under the control of Alameda Research, a sister company to the bankrupt FTX exchange, has received $30 million in...
CNBC Host Jim Cramer Calls Fed’s Loan To Crypto Bank ‘Dangerous’
CNBC show Mad Money host, Jim Cramer retweeted a post about the Federal Home Loan Bank bailing out the crypto-friendly bank Silvergate with $4.3 billion, calling it “dangerous.” He further...
Charles Hoskinson Mocks FTX CEO For Challenging Year In Crypto
On January 8, Cardano founder Charles Hoskinson tweeted a video snippet from the video game Diablo 2, comparing the current Web3 market with the character Marius “being told to shatter...
Solana Daily Active Wallets Jump by 3X Since the Crash of FTX
Data from Messari, a distributed data library, shows that the number of daily active wallets on the Solana network has tripled since the collapse of the FTX exchange. According to...
Simon Dixon Tweets on SBF’s Ownership Claim on Robinhood Shares
Simon Dixon, the CEO, and co-founder of the online investment platform BankToTheFuture.com tweeted today that it is not surprising if Sam Bankman-Fried, the former CEO of the fallen crypto firm...
FTX Tremor Continues: Genesis Considers Filling for Bankruptcy
Genesis Trading, the beleaguered crypto lending arm of Barry Silbert’s Digital Currency Group (DCG), recently reduced its workforce by 30% as it faces mounting pressure from creditors and the threat...
Is SBF’s Effective Altruism Philosophy To Blame for the Fall of FTX?
Effective Altruism, the social movement and its heroes, have garnered a flurry of unwanted attention in the days since the fall of its most famous proponent and patron saint Sam...
