Search
New FTX CEO: $1 Billion Worth of Assets Have Been Recovered – This is What You Need to Know
14.12.2022
John Ray III, the new CEO of collapsed crypto exchange FTX, has revealed that the new leadership has managed to recover $1 billion worth of assets.
On Tuesday, Ray, a bankruptcy expert who previously oversaw the aftermath of the collapsed energy giant Enron, testified with the US House Committee...
Bahamian securities regulator slams new FTX CEO over 'misstatements'
14.12.2022
Bahamian regulators said that they were the first to take action against SBF, and recent actions of the current CEO hindered their investigation
Binance CEO Changpeng 'CZ' Zhao Warns Staff of Turbulent Times Ahead: Bloomberg
14.12.2022
"While we expect the next several months to be bumpy, we will get past this challenging period," CZ said while assuring the organization is built to last
What Goldman Sachs' CEO misunderstands about private blockchains
13.12.2022
Blockchains aren’t meant to provide big banks with another venue for imposing new fees on users
Binance CEO Could be Facing Money Laundering Charges
13.12.2022
Binance and its CEO and founder Changpeng Zhao, better known as CZ, could reportedly be facing charges for money laundering conspiracy and other violations in the US....
Read More: Binance CEO Could be Facing Money Laundering Charges
Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD
13.12.2022
Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. Department of Justice prosecutors have been investigating Binance, according to four people familiar...
With FTX’s Founder Facing Charges, New CEO Details Lack of Independence of FTX US
13.12.2022
Despite assurances from founder Sam Bankman-Fried, the distinctions between crypto exchange FTX US and its international sibling were no more than superficial, John Ray III, the replacement CEO steering the company through bankruptcy, told lawmakers on Tuesday
SEC charges FTX CEO SBF for defrauding investors a day after his arrest
13.12.2022
SEC has filed charges against the former CEO Sam Bankman-Fried, accusing him of defrauding U.S. customers and concealing the diversion of customers' funds
New FTX CEO Says ‘Unacceptable Practices’ by ‘Inexperienced and Unsophisticated Individuals’ Led to FTX Collapse – Here’s What Happened
13.12.2022
John Ray III, the new CEO of collapsed crypto exchange FTX, has claimed that Sam Bankman-Fried's crypto empire had virtually no corporate controls and a surprising lack of financial and other record-keeping.
In prepared remarks released Monday ahead of his testimony, Ray, a bankruptcy expert...
Is Ripple poised to settle with SEC this week? Crypto Twitter weighs in
13.12.2022
U.S. congressional candidate January Walker said a potential settlement would be a loss for the "whole world" and Web3
Sam Bankman-Fried Wants to Start New Business to Repay FTX Users — ‘I’m Going to Try if I Can’
13.12.2022
Former FTX CEO Sam Bankman-Fried (SBF) has revealed that he wants to start another business in the hope of earning money to repay FTX customers. “I would give anything to be able to do that. And I’m going to try if I can,” he said. SBF Wants to Start a New Business...
D&D CEO Thinks Hobby Is 'Under Monetized' Compared To Video Games
12.12.2022
Dungeons & Dragons is so synonymous with its hobby that I, like many people who play TTRPGs other than D&D, often just refer to such games as “D&D” for short. But apparently that kind of name recognition and dominance in the field isn’t enough for publisher Wizards of the Coast. Based...
Fugitive Do Kwon Now Staying in Serbia Report Says — Terraform Labs CEO Suggests SBF Is to Blame for UST Depeg
12.12.2022
A new report has claimed that Do Kwon, the fugitive CEO of Terraform Labs, is currently staying in Serbia. The report added that the South Korean government has engaged the Serbian government regarding the matter. Meanwhile, Kwon has accused Sam Bankman-Fried and Alameda Research of orchestrating...
FTX was an 'utter failure of corporate controls at every level of an organization', says CEO
12.12.2022
Countering some of SBF's claims, John Ray said that “FTX US was not operated independently of FTX.com” and a Chapter 11 filing was necessary to avoid a bank run
FTX US 'Was Not Independent' of Parent Company, New FTX CEO Will Say in House Testimony
12.12.2022
FTX CEO John Ray III is scheduled to testify before the House Financial Services Committee on Tuesday
Report: Alameda’s Caroline Ellison Retains SEC’s Former Enforcement Division Chief
12.12.2022
After more attention has been cast on the former Alameda Research CEO Caroline Ellison, a report details that Ellison has hired Wilmerhale partner Stephanie Avakian, an attorney that worked for the U.S. Securities and Exchange Commission (SEC). The news follows leaked documentation of Ellison’s...
10 Questions for FTX CEO John J. Ray III From a Securities Lawyer
12.12.2022
In his recent media tour, disgraced founder Sam Bankman-Fried claims he did not commit fraud. Someone that still has access to FTX and Alameda Research’s accounts could prove otherwise
Today in Crypto: Alameda Research Ex-CEO Hires a Former SEC Chief to Defend Her, 63 Arrested in Crypto Money Laundering Case, KuCoin's and ByBit's Proofs of Reserves
12.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Alameda Research Ex-CEO Hires a Former SEC Chief to Defend Her, 63 Arrested in Crypto Money Laundering...
SushiSwap CEO reveals DEX lost $30M on LP incentives this year
12.12.2022
"Ultimately, we must harden the business model to produce more swap volumes & generate more fees," wrote CEO Jared Grey
Paxful CEO preaches Bitcoin self-custody, advises against crypto exchange
12.12.2022
While some execs chose to double down on assuring the funds’ safety on their platforms, Ray Youssef, the CEO of crypto exchange Paxful, sided with the idea of self-custody