FTX News
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...
Tron Founder Justin Sun Denies Huobi’s Ties With FTX
Justin Sun denies lending exposure with FTX and Genesis. Twitterati came to support Sun and believed his claims. The recent FTX fallout has affected more victims in Taiwan. In a...
We Were the Paragons of Running an Effective Company: SBF
CEO of FTX exchange states that FTX was a valuable entity a month ago. “FTX was the darling of Silicon Valley. We got overconfident and careless,” said Bankman-Fried. Every major...
Ben Armstrong Cites Autism Capital is SBF’s Scamming Mouthpiece
Ben Armstrong asserts Autism Capital for furthering SBF’s cause, and encounters Twitter backlash. Twitterati accused Autism Capital for whitewashing SBF’s tarnished image. With fear, uncertainty, and doubt, Twitter users asked...
Crypto Exchange Gemini Marks $570M In Withdrawals In 24 Hours
Cryptocurrency exchange Gemini observes withdrawals worth $570 million. Gemini is suffering repercussions of the FTX collapse as fears cloud the crypto industry. Gemini’s digital asset balances dropped from $2.2 billion...
Genesis’ Crypto-Lending Unit Halts Withdrawals after FTX Collapse
Genesis Global Trading discontinues withdrawals and new loan issuing. The firm’s spot, futures trading, and custody division are unaffected. Investors are reconsidering investing in units like Genesis Global Trading. On...
FBI and Bahamas Authority Probe FTX Fall: US Calls SBF to Question
FBI and Bahamas plan to question Sam Bankman-Fried as part of the investigation on FTX fall. Since the collapse of FTX, investigation officials from both countries have been probing into...
Paradigm Co-founder Shocked With FTX, SBF, and Alameda Revelations
Paradigm Co-founder Matt Huang shocked with the revelations about FTX, SBF, and Alameda Research. The FTX founder “did not align with crypto’s values,” states Huang. Crypto investor Choi chronicles the...
FTX Collapse Wipes Out $8B of SOL Market Cap, Price Dips by 62%
Early this month, SOL ranked the 9th largest crypto with a market cap of over $13.5. It currently trades at $14.20 after losing over 50% of its value in the...
CZ Believes 8 Billion People Will Use Crypto in a Few Years
The CEO of Binance believes that over 8 billion people will be using crypto in a few years. A majority of users believe it would not be possible, owing to...
Jake Chervinsky Raise Questions Against the SEC’s Incapabilities
Blockchain Association’s Head of Policy, Jake Chervinsky demands to see complaints lodged against FTX. Jake Chervinsky questions the “endless harassment and enforcement on US firms acting in good faith.” The...
BlockFi Bankruptcy Possibilities Cloud Crypto Market After FTX Storm
BlockFi has suspended client withdrawals until further notice. SALT has paused deposits and withdrawals for users. DefiLlama’s founder reported that lending processes observed a major TVL fall. DeFi lending protocol...
SBF’s Twitter Babble From Letters to Words Enrage Crypto Community
SBF claimed that FTX US has enough to repay all customers. Bankman-Fried confessed publicly that his “one goal is to do right by his customers.” Twitterati is angered for losing...
Coinbase CEO Criticizes New York Times Article of FTX CEO
Coinbase CEO Brian Armstrong criticizes the SBF New york Times puff piece. The New york times article ignores SBF’s criminal activities. Cardano Founder Charles Hoskinson says SBF was shielded by...
Jake Chervinsky Raise Questions Against the SEC’s Incapabilities
In a series of heated Twitter threads, lawyer and Blockchain Association’s Head of Policy Jake Chervinsky demanded to know “how many whistleblower complaints were filed with the SEC tipping them...
‘Effective Altruism’ Is Now A Bad Word, Says Binance CEO CZ
Michael Saylor stated that Bitcoin is ‘effective altruism.’ However, Binance’s CEO said the term now has a negative connotation. “Effective altruism laid the foundations for FTX Ponzi,” says the community....
Binance Moves Forward with FTX Evidence to be Submitted to UK Courts
Colin Wu tweeted about Bloomberg’s report on the decision of Binance to submit details of its FTT deal to the UK government. Explanations of Binance’s decision to sell FTT would...
Digital Assets Record $42M Inflow; Bitcoin Inflow Totals $19M
Digital asset investment products observed the most significant inflow in 14 weeks, adding up to $42 million. Bitcoin records a $19 million inflow, the largest since August 2022. Blockchain equities...
FTX Raises $5 Million For Avalanche-Based NFT Marketplace Joepegs
FTX and Avalanche raised $5 million for the NFT marketplace Joepegs. Joepegs, launched in May 2022, generated $3.4 million in secondary NFT sales. Avalanche is the seventh-largest blockchain in terms...
Trung Phan on NYT’s Puff Piece and SBF’s “Crypto Empire Collapse”
Trung Phan along with Elon Musk term the NYT cover on SBF as a ‘puff piece. The Podcast co-host used the term, “criminal financial engineering f****ry” for SBF’s recent fallout....
‘Withdrawals Are Being Processed as Usual’ Says Crypto.com CEO
Crypto.com’s CEO, Kris Marszalek, reassured users that withdrawals on Crypto.com were normally processing. A crypto user advises the community in reply to Marszalek’s post: “Take your money and run.” Binance’s...
FatMan Calls Do Kwon’s Criticism Against SBF Ironical, Disgusting
FatMan mentions Do Kwon’s rebuke against SBF as ironical. The crypto researcher says Do Kwon tried to make himself look better after the Terra crash. FatMan also specified that both...
