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Nalezeno "Funds": 3418

Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds

13.11.2022
A wallet address linked to the Huobi exchange was found transferring 10,000 ETH to Binance and OKX deposit wallets soon after releasing its asset snapshot

Crypto.com accidentally sends 320k ETH to Gate.io, recovers funds days after

13.11.2022
Crypto.com CEO confirmed the return of the funds and reassured the investors that new processes and features were implemented to prevent a reoccurrence

FTX Reportedly Hacked as Telegram Group Admin Comments on Possible ‘Malware’ Present in Apps, Irregular Fund Movements Registered Onchain

12.11.2022
Admins of the Telegram group of the FTX community stated that the platform had been hacked and all of the funds of the exchange seemed to be gone. FTX U.S. General Counsel Ryne Miller, who reportedly pinned the message in the group, explained he was investigating “abnormalities”...

FTX Says It Moved Remaining Funds to Cold Wallets to "Mitigate Damage" After "Unauthorized Transactions"

12.11.2022

FTX funds on the move: bankruptcy proceedings, insider threat or a hack?

12.11.2022
The wallet address in question received funds from various international and U.S.-based wallets linked to FTX, which amassed over 83,878.63 ETH (worth over $105.3 million) in just two hours

LBank Labs Establishes Blockchain and Crypto Investment Fund to Support the Development of Web3 in Africa

12.11.2022
PRESS RELEASE. Internet City, Dubai, Nov. 11th, 2022 — Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of regional development funds, including...

FTX customers attempt roundabout ways to withdraw their funds in Bahamas

11.11.2022
From buying Bahamas-based NFTs to offering bounties to FTX employees, users with balances stuck in FTX are trying whatever they can to withdraw their money

Wintermute Ceased Trading and Moved Funds From Crypto Exchange FTX US Before Warning

11.11.2022
The trading firm said earlier that it had stopped trading on FTX, a separate crypto exchange for international users, but some of its funds were stuck on the platform

FTX Used $10 Billion of Customer Funds to Prop Up Alameda Research, Lost it All – What Happens Next?

11.11.2022
Sam Bankman-Fried’s troubled cryptocurrency exchange FTX lent billions of dollars in user funds to its sister company Alameda Research to fund risky bets. According to a recent report by The Wall Street Journal, the exchange provided up to $10 billion in loans using money that customers...

Genesis Trading reveals $175M of funds are locked in FTX

11.11.2022
Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy

SEC, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds

11.11.2022
The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking securities laws. Regulatory probes are among the key reasons why Binance walked...

Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors

10.11.2022
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up...

FTX Violated Its Own Terms of Service and Misused User Funds, Lawyers Say

10.11.2022
Although FTX’s terms of service prevented it from using customer’s crypto, lawyers told CoinDesk that its swift downfall indicates the funds were misused

FTX Used Customer Funds Among Other Assets to Prop up Alameda Research in May: Reuters

10.11.2022
FTX founder Sam Bankman-Fried transferred at least $4 billion in FTX funds

Egyptian Fintech Raises $31 Million in Series B Funding Round

10.11.2022
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to finance Moneyfellows’ expansion into other markets as well as accelerate the fintech’s...

Binance Backs Out of Buying FTX Crypto Exchange, Cites Mishandled Customer Funds and Regulator Investigations

9.11.2022
Binance is pulling out of the deal to buy FTX. On Tuesday 8 November, Binance signed a letter of intention to acquire the failing crypto exchange, although at the time it said the agreement was subject to a due diligence process. But as the contagion from the collapse of the FTX leads to...

Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’

9.11.2022
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance has decided not to pursue the FTX acquisition....