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New Report: FTX Abandoned the Deal with Taylor Swift, Not the Other Way Around


Now-defunct cryptocurrency exchange FTX pulled out of the planned deal with Taylor Swift, not the other way around.  According to sources cited by The New York Times, Swift signed a proposed tour sponsorship agreement with FTX in the spring of 2022, following six months of negotiations.  The deal...

Scaramucci Accuses Sam Bankman-Fried of 'Hurting' Crypto Industry in the U.S


Disgraced FTX CEO Sam Bankman-Fried “really hurt the industry in the United States from a regulatory perspective,” according to the venture investor and former White House communications director Anthony Scaramucci.... Read More: Scaramucci Accuses Sam Bankman-Fried of 'Hurting' Crypto Industry...

Crypto Exchange FTX Puts a Pause on Anthropic Stake Sale


Bankrupt crypto exchange FTX has put a pause on the sale of its stake in the AI startup Anthropic.  The boutique investment bank that acts as an adviser to FTX, Perella Weinberg Partners,  informed bidders this month about the abrupt halt in the sale of the exchange’s stake in Antropic, Bloomberg...

Under New Leadership, FTX Recoups $7 Billion Amid Recovery Efforts


The new leadership team at FTX has recouped approximately $7 billion in liquid assets as the exchange continues recovery efforts.  The company has revealed that it has made “substantial progress” in securing assets, recovering as much as $7 billion in liquid assets so far. The exchange owed...

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