FTX News
Acting Comptroller of the Currency Speaks About FTX, BCCI
Acting Comptroller of the Currency Michael J. Hsu speaks about the fall of BCCI and FTX. Hsu also pointed out the similarities between the fall…
FTX Statement Shows $1.6B BTC User Debt With Only $1M Available
FTX owes its customers $1.6B BTC with only $1M available. The bankrupt firm has $5.5 billion in liquid assets and over $11.5 billion in liabilities.…
Ex FTX CEO Appoints Tech Consultants For Bail Extension
Sam Bankman-Fried proposed Edward Stroz and Michael McGowan as technology consultants for his criminal fraud case. The consultants' backgrounds include experience in digital forensics and…
Crypto Community Trolls Solana as it Suffers Major Network Outage
Crypto community pokes fun at the Solan blockchain. On Saturday, Solana experienced a significant slowdown in block finalization. The network outage impacted the price of…
Indonesia Launches National Digital Asset Exchange; Reports Say
Indonesia would launch a National Digital Asset Exchange to rehabilitate the crypto sector. The exchange would scrutinize the private crypto firms. The new national exchange…
Kevin O’Leary’s Calls For Regulation Of Exchanges Draws Criticism
Kevin O’Leary recently made a tweet calling for greater regulation of crypto exchanges. The former FTX spokesperson claimed that more exchanges will go to zero…
Federal Prosecutors Charge SBF with New Financial Crimes
SBF has been charged of four new financial criminal charges. The charges include conspiracy to commit bank fraud and involvement in an unlicensed money-transacting business.…
Data Shows Binance Is Now the New Leader of Derivatives after FTX
Binance exchange now leads the perpetual futures space with the hights offering. Kraken, Huobi, and BitMex offer below 100 perpetual futures instruments. Open Interest for…
FTX Japan To Open Crypto and Fiat Withdrawal Tomorrow Noon JST
FTX Japan customers will start withdrawing from noon tomorrow. The FTX-sister company emailed all eligible customers regarding the procedures. Previously, authorities gave FTX Japan three…
Galois Capital Shuts Down: Remaining Assets Will Reach Investors
Galois Capital has decided to stop trading after being victimized by FTX's fall. A major share of the fund was trapped at FTX during its…
