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Albanian Court Approves Extradition of Crypto Exchange Thodex Founder to Turkey

19.11.2022
A court in Albania has ordered the extradition of the fugitive founder of cryptocurrency exchange Thodex to Turkey, where he is sought for fraud and other crimes. Faruk Ozer was arrested in Albania this summer, after disappearing last year as the coin trading platform collapsed. Albanian Judiciary...

Decentraland DAO Considers Pausing Grants As FTX Collapse Spotlights Diversification

18.11.2022
The metaverse platform’s DAO community treasury holds over 99% of its assets in MANA, Decentraland’s native cryptocurrency

Nickel Digital, Metaplex, and others continue to feel the impact of FTX collapse

18.11.2022
Some companies have resulted in layoffs to deal with their million-dollar losses

FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms

18.11.2022
After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to political leaders in the United States. During the most recent election cycle leading up to the U.S. midterms in 2022, reports claim that Sam Bankman-Fried donated more than...

FTX is done — What’s next for Bitcoin, altcoins and crypto in general?

18.11.2022
FTX is gone, and it looks like many centralized crypto platforms will fall with it. But is there a silver lining?

FTX collapse could trigger ‘appetite' for harsher regulation, says Andrew Yang

18.11.2022
“This is categorically a very, very negative thing for human beings and for the regulatory environment,” Yang said

DeFi platforms see profits amid FTX collapse and CEX exodus: Finance Redefined

18.11.2022
The bears were in control for the second week after FTX collapse, leading to a market-wide dismal performance including top 100 DeFi tokens

People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses

18.11.2022
Despite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022. FTT was once a top-30 crypto asset, and now the token has no rank on specific coin market aggregation sites...

House Subcommittee Chair Calls For Documents as Part of FTX Collapse Probe

18.11.2022
Rep. Raja Krishnamoorthi (D-Ill.) is chairman of the Subcommittee on Economic and Consumer Policy

Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect

18.11.2022
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino effect that led to the company’s implosion. The study...

If You Lost Money on FTX, You May See Some Tax Relief

18.11.2022
What you need to know for your 2022 tax filing if you lost money or used the FTX crypto exchange

Topps Sells out Crypto-Themed Garbage Pail Kids ‘Non-Flushable Token’ Cards

18.11.2022
Amid the craziness tied to the FTX collapse, the latest Garbage Pail Kids (GPK) non-fungible token (NFT) collection takes aim at the crypto industry, roasting subjects like the LUNA collapse, Bored Ape Yacht Club, and Cryptopunks. Following the release, GPK’s parent company Topps explains...

FINRA Targets Crypto Communications After FTX Collapse

18.11.2022
The U.S. self-regulatory body is gathering information on crypto marketing between July and September this year to potentially inform a regulatory response

Defi Chain Co-Founder: FTX’s Collapse Has Rekindled Interest in Defi and Associated Products

18.11.2022
According to Julian Hosp, co-founder of the decentralized finance entity Defi Chain, the fall of the crypto exchange FTX and the domino effect it has had may have rekindled interest in decentralized finance (defi) and associated products. Hosp, however, conceded that the crypto exchange’s...

Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX

18.11.2022
Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-Fried … would appear to have been misplaced,” Temasek admitted. Temasek’s...