FTX News
Advisors of Bankrupt FTX Found $5B Worth of Sunken Treasures
FTX Group advisors revealed that they found more than $5B in cash or crypto. Advisors have also found a large amount of other crypto assets…
FTX’s Former CEO SBF Believes Firm Has the Best Recovery Scenario
Former CEO Sam Bankman-Fried tweeted that FTX has the best recovery scenario for customers. Bankman-Fried added that the firm was a few weeks away from…
Crypto Wallet of FTX Sister Firm Alameda Research Receives $30M USDC
Recently, Alameda Research crypto wallet got $30 million in USDC stablecoin. Alameda has $167 million in the said wallet, comprising stablecoins, ETH, and others. FTX…
CNBC Host Jim Cramer Calls Fed’s Loan To Crypto Bank ‘Dangerous’
Jim Cramer has criticized Federal Home Loan Bank’s decision to bail out Silvergate. Silvergate received $4.3 billion to carry out operations after FTX collapsed. John…
Charles Hoskinson Mocks FTX CEO For Challenging Year In Crypto
Charles Hoskinson calls out Sam Bankman-Fried for creating difficulties in fabricating proper crypto legislation in 2023. SBF’s collapsed crypto exchange FTX spent nearly $40 million…
Solana Daily Active Wallets Jump by 3X Since the Crash of FTX
The number of daily active wallets on the Solana network has tripled since the collapse of the FTX exchange. Solana daily active wallets rose even…
Simon Dixon Tweets on SBF’s Ownership Claim on Robinhood Shares
Simon Dixon tweeted that it is not surprising if SBF gets the $450 million shares from Robinhood. He referred to SBF’s request to hold his…
FTX Tremor Continues: Genesis Considers Filling for Bankruptcy
Genesis Trading laid off 30% of its workforce recently as it considers filing for bankruptcy. Firm suffers losses on loans it provided to Alameda and…
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…
Former FTX Lawyer Signs Proffer Letter, Cooperates with Prosecutors
FTX‘s former lawyer Daniel Friedberg has signed a Proffer letter to cooperate with U.S. prosecutors. Friedberg disclosed how Bankman-Fried used customer funds to back his…
