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CEO Of Crypto’s Biggest Bust Played League Of Legends While Pitching Investors

10.11.2022
FTX CEO Sam Bankman-Fried spent the last year on a victory tour. The “crypto kingpin” held court at Bloomberg’s Crypto Summit over the summer and was crowned as a mega donor savior to Democrats in the midterm elections. His company even gloated about him playing League of Legends during high-level...

Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens

10.11.2022
Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the stablecoin pool has become unbalanced Thursday morning....

From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX

10.11.2022
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion in value as FTX’s troubles shook investors....

SBF tells investors FTX needs $8B in emergency funding: WSJ

10.11.2022
According to reports, FTX CEO Sam Bankman-Fried asked investors for emergency funding to cover an $8 billion shortfall during a Nov. 9 investors call

SBF Warns FTX Investors of Bankruptcy Without More Cash: Bloomberg

9.11.2022
FTX is headed toward bankruptcy without a cash infusion

Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’

9.11.2022
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (FTT) as the due diligence for the acquisition is still ongoing....

Bitcoin sinks to new yearly low at $16.8K as FTX insolvency fears turn into contagion

9.11.2022
BTC and altcoins continue to sell-off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across the entire crypto market

SBF tumbles off Bloomberg's billionaire index after trouble at FTX

9.11.2022
Sam Bankman-Fried no longer ranks in the top 500 on Bloomberg’s billionaire index, but CZ remains at rank 87

FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acquire FTX

8.11.2022
Solana and FTX token saw a sharp rebound after headlines announced that Binance would acquire FTX due to liquidity issues, but will the upside last?

FTX Binance Fallout: Bitdao Community Asks Alameda Research to Respond to Token Dump Allegations

8.11.2022
After the Bitdao token’s quickfire plunge on Nov. 7, members of the Bitdao community have asked Alameda Research to address rumors the principal trading platform has dumped Bitdao’s BIT tokens. The dump, if confirmed, would be a breach of a swap agreement between the two entities which...

Binance CEO not interested in Alameda's offer to buy up its FTT holdings

8.11.2022
CZ signaled that he isn’t interested in an offer from Alameda to buy out Binance's FTX Tokens saying they'd rather “stay in the free market.”

SBF calls for collaboration with Binance 'for the ecosystem'

7.11.2022
FTX's founder denied liquidity issues with FTT token and claimed to be the victim of false rumors

SBF has been a 'significant donor' in the US midterm elections

7.11.2022
The FTX founder has reportedly spent almost $40 million mainly supporting Democrats during the current political cycle, according to Open Secrets

Binance to liquidate its entire FTX Token holdings after ‘recent revelations’

7.11.2022
Binance CEO Changpeng Zhao cited “recent revelations” as the reason for the liquidation, noting the sale of its tokens could take months to complete due to the size of its position

First Mover Asia: SBF Talks Consumer Protection and Crypto Titans Clash

7.11.2022
Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings

Sam Bankman-Fried's Alameda Holds $14.6 Billion in Assets – Here's What You Need to Know

3.11.2022
Alameda Research, a trading firm linked to major crypto exchange FTX, had some $14.6 billion of assets as of June 30, but as much as $5.82 billion of these assets consists of the exchange’s native token FTT, according to a document sourced from the company. ... Read More: Sam Bankman-Fried's...