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Sam Bankman-Fried is ‘under supervision’ in Bahamas, looking to flee to Dubai
13.11.2022
It is understood that Sam Bankman-Fried and two former FTX associates are currently being detained by Bahamian authorities
FTX CEO Confirms Reports of ‘Unauthorized Access to Certain Assets,’ Team Is ‘Coordinating With Law Enforcement’
12.11.2022
Following the reports that said FTX wallets were being drained and the FTX Telegram channel’s admins that detailed its possible malware might be present in FTX-related apps and websites, the company’s new CEO John Ray confirmed there were “unauthorized transactions.” The news was shared by...
FTX goes up in flames and impacts broader crypto industry, causing regulators to respond: Hodler’s Digest, Nov. 6-12
12.11.2022
Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’
12.11.2022
According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote a letter to investors explaining the situation and said he was “deeply sorry”...
FTX CEO John Ray Confirms Late-Night Hack, Says Company Is Working With Law Enforcement
12.11.2022
Bankrupt crypto exchange FTX’s new CEO, John Ray, took to Twitter Saturday to confirm that the exchange and its U.S. subsidiary, FTX US, were hacked last night in an attack that drained hundreds of millions of dollars in crypto out of the exchanges’ wallets
Sam Bankman-Fried denies rumors that he fled to Argentina
12.11.2022
SBF stepped down as CEO of FTX on Nov. 11 after initiating Chapter 11 bankruptcy proceedings in the District of Delaware
Flight Radar Report Shows FTX Co-Founder’s Private Jet Flew to Argentina, SBF Says He’s Still in the Bahamas
12.11.2022
According to Flightradar24’s official Twitter account, the most tracked flight at 3:33 a.m. on Nov. 12, 2022, was Sam Bankman-Fried’s (SBF) private jet flying from the Bahamas to Argentina. While the flight track doesn’t mean SBF took the flight, a number of people suspected someone from...
FTX reportedly hacked as officials flag abnormal wallet activity
12.11.2022
Wallets tied to FTX and FTX US have seen $659 million in cumulative outflows over the past 24 hours, according to Nansen
The Epic Collapse of Sam Bankman-Fried's FTX Exchange: A Crypto Markets Timeline
12.11.2022
Tracing the CoinDesk Market Index (CMI) through key news developments in the swift unraveling of billionaire Sam Bankman-Fried's crypto empire shows just how quickly the speculation kept shifting
Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits
12.11.2022
When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserves audits. While exchanges like Binance and Crypto.com have provided wallet addresses tied to company wallets, blockchain analytics firm Nansen...
Report Says Alameda Research ‘Didn’t Trade Crypto,’ Speculators Think SBF’s Political Connections Let FTX Fly Under the Radar
12.11.2022
On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few days of speculation and evidence that had shown the digital currency exchange was likely insolvent. The company’s bankruptcy filing and information concerning...
Biggest Movers: DOGE Surges Following Elon Musk Comments on the Meme Coin
12.11.2022
Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: “Doge to the moon.” Solana on the other hand extended its declines, falling by over 15%....
For Coinbase, FTX’s Bankruptcy Has Its Pluses and Minuses
12.11.2022
FTX’s collapse may turn off some investors from putting money into crypto altogether, but it could be an opportunity for Coinbase to pick up market share
Bitcoin will shrug off FTX 'black swan' just like Mt. Gox — analysis
12.11.2022
There might not be much new to worry about when it comes to the FTX aftermath and Bitcoin resilience
Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Saga Continues
12.11.2022
In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin once again slipped below $17,000 on Saturday, as it was reported that a hack on FTX had taken place. Ethereum also moved lower today, as the token remained below...
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”...
Binance CEO CZ on FTX crash: “We’ve been set back a few years”
12.11.2022
With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of consumer confidence
Rich Dad Poor Dad Author Robert Kiyosaki Says BTC Will Bottom at This Price, Not Worried About Crash
12.11.2022
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, believes Bitcoin may go as low as $10,000 as the dust from the FTX fallout settles.
The sudden collapse of FTX, once the third-largest cryptocurrency exchange, has dragged the entire crypto space into another cycle of fear...
To FTX or Not to FTX and 20 Crypto Jokes
12.11.2022
Read More: To FTX or Not to FTX and 20 Crypto Jokes
Elon Musk Shares Thoughts on FTX Founder Sam Bankman-Fried – This Is What He Said
12.11.2022
Tesla and SpaceX CEO Elon Musk has claimed that he never trusted FTX founder and former CEO Sam Bankman-Fried.
Back in March, when Musk was trying to raise funds in a bid to finance his $44 billion Twitter buyout, Bankman-Fried reached out to the billionaire via intermediaries to express...