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New Revelation: US Prosecutors Were Looking Into FTX Long Before Exchange Collapsed

22.11.2022
The recent unexpected collapse of major crypto exchange FTX has drawn the attention of investors from across the world, but recently revealed information suggests that Sam Bankman-Fried’s company was on the radar of federal prosecutors long before FTX filed for bankruptcy. ... Read More:...

FTX ordered to pay reimbursement fees to Bahamian regulators

22.11.2022
The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt crypto exchange FTX on Nov. 12

Modified Video of FTX Founder Sam Bankman-Fried Directs Users to Fraudulent Website - This is What You Need to Know

22.11.2022
A modified video of Sam Bankman-Fried, founder and former CEO of collapsed crypto exchange FTX, is trying to trick users into a fake crypto giveaway and potentially steal their funds. Over the weekend, a deepfake video impersonating SBF was circulating on Twitter. To make the fake video more...

Industry expresses confidence in the NFT space amid the FTX collapse

22.11.2022
NFT artist Johnathan Schultz believes that the era of NFTs without utility is dwindling, and to survive, it must outgrow the “memeification” of things

SBF, FTX execs reportedly spend millions on properties in the Bahamas

22.11.2022
At least 19 properties worth around $121 million were reportedly purchased under FTX's name, Sam Bankman-Fried’s parents and senior-level executives

FTX Must Pay Expenses Incurred by Bahamas Regulator for Holding the Exchange's Digital Assets

22.11.2022
The Bahamas Supreme Court ruled that FTX is responsible for all costs associated with the Securities Commission in keeping FTM assets in commission's digital wallet; Bloomberg reports that a Bahamas court has agreed to let part of FTX case be handled in U.S

Sam Bankman-Fried's Crumbling FTX Empire Holds $1.2B Cash Reserves

22.11.2022
The bankrupt crypto exchange FTX owes around $3.1 billion to its top 50 creditors

Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs

22.11.2022
The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US, as part of a wider probe into FTX's collapse

Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX

22.11.2022
A faked video the FTX founder created by scammers has circulated on Twitter with users poking fun at its poor production quality

US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up

22.11.2022
The crypto-skeptic senators suggested the FTX collapse made it “abundantly clear” that the digital asset industry has "serious problems."

Bitcoin Price and Ethereum Hold Crucial Support, Huobi Token Gains 10%

22.11.2022
Bitcoin hit a two-year low on Tuesday morning in Asian trading as investors drove down prices for most cryptocurrencies over fears that the failure of the FTX.com cryptocurrency exchange on November 11 could lead to the insolvency of other businesses with ties to the exchange. Ethereum,...

South Korea, Singapore, Japan Top Countries Most Impacted by FTX Collapse: Report

22.11.2022
A new analysis shows that the countries most impacted by the collapse of cryptocurrency exchange FTX are South Korea, Singapore, and Japan. Moreover, Russia, Germany, Turkey, Taiwan, India, Egypt, and Brazil also made the top 10 list of countries most affected by the FTX meltdown. Countries Most...

Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’

22.11.2022
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in a serious industry.” Stating that the “Entire notion of crypto is nonsense,” the Fed president claimed it is “just a tool...

FTX crisis leads to record inflows into short-investment products

22.11.2022
The aftermath of FTX’s collapse has soured crypto investor sentiment with "record” inflows into short-investment products last week, said CoinShares

Ethereum Co-Founder Vitalik Buterin Discusses FTX Collapse — Says ‘Centralized Anything Is by Default Suspect’

22.11.2022
Ethereum co-founder Vitalik Buterin says many people in the Ethereum community see the FTX collapse “as a validation of things they believed in all along: centralized anything is by default suspect.” However, he warned that automatically downgrading every single thing former FTX CEO...

On the move: FTX hacker splits nearly $200M in ETH across 12 wallets

22.11.2022
Meanwhile, Ethereum users are sending encoded messages to the FTX hacker pleading for a share of funds

Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals

22.11.2022
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “to prioritize the preservation of franchise value as best we can in these difficult...