FTX Founder Released On $250 Million Bond
On Thursday, a Manhattan judge agreed to release the founder of the failed cryptocurrency platform FTX, Sam Bankman-Fried, on $250 million bond. He will now await trial at his parent’s…
FTX CTO Wang And Alameda CEO Ellison Plead Guilty and Flip
U.S. Attorney Damian Williams announced Wednesday night that FTX co-founder and former CTO Gary Wang and former Alameda Research CEO Caroline Ellison both have pled guilty to charges related to…
Bahamian Liquidators Fight To Be Given Access To FTX IT Systems Which Allow Asset Removal
New legal proceedings filed by lawyers for the leadership of the failed cryptocurrency exchange FTX, have revealed Bahamian liquidators assigned to the FTX case have been trying to exclude over…
Binance Halts Withdrawals Of USDC Stablecoin, Amid Surge Of Withdrawals
On Tuesday, the world’s largest cryptocurrency trading platform by volume, Binance, announced that withdrawals of the stable coin USDC were being paused. The announcement came after the platform had seen…
Investors Should Be Ready For Bitcoin To Fall To $5,000 Next Year
Decrypt, a cryptocurrency news site, is reporting that multinational bank Standard Chartered is warning customers that Bitcoin could surprise investors by falling to a value as low as $5,000 in…
Caroline Ellison Of Alameda Research Retains Lawyer, May Have Cut Deal With the Feds
Caroline Ellison, the former CEO of the FTX-associated Alameda Research trading company, has retained Stephanie Avakian, a former top cryptocurrency regulator for the US Securities and Exchange Commission and the…
FTX Was Secretly Funding Cryptocurrency News Outlet The Block
On Friday, Axios reported that collapsed cryptocurrency exchange FTX secretly funded cryptocurrency news outlet the Block by routing operating funds to the outlet’s chief executive, according to sources familiar with…
Gemini Crypto Exchange Out $900 Million From Genesis FTX Loss
Customers of the Winklevoss Twin’s crypto exchange are short $900 million, which the crypto-broker Genesis is unable to pay back to them, according to a new report in the Financial…
BlackRock’s Larry Fink Says More Crypto Companies Will Go Down Due To FTX
At the New York Times DealBook summit, BlackRock chief executive Larry Fink warned that more cryptocurrency companies may go down in the wake of the collapse of the FTX cryptocurrency…
FTX CEO Claims He Did Not Commit Fraud
Sam Bankman-Fried, the former CEO of collapsed cryptocurrency exchange FTX, said on Wednesday that he never intended to commit fraud at his cryptocurrency exchange, ascribing the billions which are missing…
