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FTX Used $10 Billion of Customer Funds to Prop Up Alameda Research, Lost it All – What Happens Next?
11.11.2022
Sam Bankman-Fried’s troubled cryptocurrency exchange FTX lent billions of dollars in user funds to its sister company Alameda Research to fund risky bets.
According to a recent report by The Wall Street Journal, the exchange provided up to $10 billion in loans using money that customers...
Rumors continue to fly surrounding Sam Bankman-Fried and the fall of FTX
11.11.2022
A rumor suggesting that FTX CEO Sam Bankman-Fried has been arrested is circulating on social media
California regulators to investigate FTX crypto exchange collapse
11.11.2022
The California DFPI announced it will open up an investigation as to the “apparent failure” of FTX and says it takes this oversight very seriously
Tether CTO confirms no plans to rescue FTX
11.11.2022
FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO reportedly reaching out to multiple firms for help
JPMorgan Expects Crypto Market to Face Weeks of Deleveraging – Warns Bitcoin Price Could Drop to $13K
11.11.2022
Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Research. The firm’s analysts also predicted that the price of bitcoin could fall...
SEC, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds
11.11.2022
The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking securities laws. Regulatory probes are among the key reasons why Binance walked...
FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories
10.11.2022
Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers
Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – And Dated. Other Employees Have Lots of Questions
10.11.2022
“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on the condition of anonymity
Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’
10.11.2022
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this...
Financial group CEO claims he tried to warn Bankman-Fried about insolvency in July
10.11.2022
Richard Handler alleged that he offered restructuring services to FTX that might have saved it, but exchange reps refused to meet with him
LayerZero Labs bought back its stake from FTX Ventures and Alameda
10.11.2022
The protocol announced an agreement that bought out 100% of FTX Ventures and Alameda Research's equity position
FTX US Warns of Trading Halt Hours After Bankman-Fried Says It's '100% Liquid'
10.11.2022
FTX US warned that it might halt trading in a banner on its website Thursday
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
10.11.2022
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up...
FTX CEO Updates Crypto Community, Sunsets Alameda Trading, Addresses a Specific ‘Sparring Partner’
10.11.2022
On Nov. 10, 2022, FTX CEO Sam Bankman-Fried (SBF) addressed the crypto community in a thread posted to Twitter. SBF noted that he messed up and “should have done better” and also detailed that at some point he “might have more to say about a particular sparring partner.” SBF Says He Messed...
Sam Bankman-Fried dice que Alameda se retira y promete a los clientes de FTX US que sus fondos “están bien”
10.11.2022
El propietario de la empresa de trading tuiteó las novedades el jueves a la mañana
Biggest Movers: LUNC 13% Higher, as US CPI Boosts Crypto Markets
10.11.2022
Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest U.S. inflation (CPI) report, which came in at 7.7%. The token was up by nearly 14% in today’s session, as founder Do Kwon ironically gave his best wishes to FTX chief Sam Bankman-Fried....
Japan's financial regulator requests FTX Japan halt operations
10.11.2022
Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA steps in
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....
Crypto News Summary: FTX to Conduct Fundraiser Next Week, Justin Sun Working on ‘Solution’ for FTX Users, Tron DAO to Buy $1BN Worth of USDT
10.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: FTX to Conduct Fundraiser Next Week, Justin Sun Working on ‘Solution’ for FTX Users, Tron DAO to...
Jefferies CEO Expressed Doubts About Sam Bankman-Fried in July
10.11.2022
Rich Handler made multiple attempts to meet with the FTX CEO, who he feared would go from rescuer to rescuee