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FTX illustrated why banks need to take over cryptocurrency
19.11.2022
Banks should embrace crypto as a way to mitigate risk and prevent losses that consumers at the hands of rogue crypto exchanges
I predicted FTX's collapse a month before it happened
19.11.2022
There were ample warning signs to tip investors off to problems behind the scenes at FTX
SBF's lawyers terminate FTX representation due to conflicts of interest
19.11.2022
Attorney Martin Flumenbaum believed that Sam Bankman-Fried's "incessant and disruptive tweeting" negatively impacted the reorganization efforts of the lawyers
FTX leadership pressed for information by US subcommittee chairman
19.11.2022
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials
Bahamas Regulator Takes Action to Seize FTX’s Cryptocurrencies to ‘Protect’ Clients and Creditors
19.11.2022
The Securities Commission of the Bahamas has ordered crypto exchange FTX to transfer its cryptocurrencies to a wallet controlled by the regulator. The “Urgent interim regulatory action was necessary to protect the interests” of FTX’s clients and creditors, said the regulator....
The fall of FTX and Sam Bankman-Fried might be good for crypto
18.11.2022
Let's ensure that the companies replacing FTX in the public eye understand what cryptocurrency is about and want to get back to its core values
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?
Sam Bankman-Fried Cashed Out $300M in Previous Funding Round: WSJ
18.11.2022
In a previously undisclosed detail, most of the $420 million raised in October 2021 went directly to Bankman-Fried, the Journal reported
Crypto Biz: FTX fallout leaves blood in its wake
18.11.2022
Businesses exposed to Sam Bankman-Fried's bankrupt cryptocurrency exchange are beginning to topple
FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong
18.11.2022
Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services
Rich Dad Poor Dad Robert Kiyosaki Calls FTX Founder ‘Bernie Madoff of Crypto’, Says ‘Bitcoin is Not the Problem’
18.11.2022
Rather than Warren Buffet, FTX founder Sam Bankman-Fried (SBF) is the Bernie Madoff of crypto, said Robert Kiyosaki, investor, entrepreneur, and the best-selling author of Rich Dad Poor Dad. He also argued that bitcoin (BTC) is not an issue - in this or any other situation. ...
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Sam Bankman-Fried rumor mill running amok: Trading course, FBI extradition, FTX hack
18.11.2022
A rumor claiming that former FTX CEO Sam Bankman-Fried filmed a master class on trading that was scheduled to be released in December floated on social media
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...
New CEO Says FTX Is the Worst Case of Corporate Failure With Untrustworthy Financial Data and Unacceptable Practices
18.11.2022
The new CEO of FTX, appointed after the crypto exchange filed for bankruptcy, has blasted the company under former CEO Sam Bankman-Fried. “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred...
Crypto industry was ‘judge, jury and executioner’ for FTX: Pompliano
18.11.2022
The crypto investor and Bitcoin bull said that in crypto, market forces tend to eliminate bad people as quickly as bad businesses
Sam Bankman-Fried Switches Legal Counsel as Investigations Into FTX Collapse Mount: Report
18.11.2022
Former FTX CEO Sam Bankman-Fried will no longer be represented by his legal counsel at Paul, Weiss, Rifkind, Wharton & Garrison, a white-shoe law firm, less than a week after retaining the firm to represent him
US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX
17.11.2022
Two crypto-unfriendly Democratic senators have sent a letter to the executives with a list of detailed and penetrating questions about the behavior of Bankman-Fried and his businesses
FTX Affiliate Alameda Research Loaned $4.1B to Related Parties – Including $1B to Sam Bankman-Fried
17.11.2022
A bankruptcy filing shows Alameda Research lent $1 billion to Sam Bankman-Fried, former CEO of FTX
Binance CEO CZ Calls SBF a ‘Psychopath,’ 3AC Co-Founder Accuses FTX, Alameda of Stop Hunting His Hedge Fund
17.11.2022
During a conversation with Binance CEO Changpeng Zhao (CZ) and the Milken Institute, the exchange executive called the former FTX CEO Sam Bankman-Fried (SBF) a “psychopath” for one of the tweets SBF wrote last week. CZ’s statements further follow the accusations stemming from Three Arrows Capital...