FTX

Caroline Ellison and Gary Wang pled guilty to charges of fraud. On December 22, Sam Bankman-Fried may face a U.S. judge.In the continuing FTX case, two of Sam Bankman-Fried's executives have pled guilty to federal fraud charges.…
Read More...

During a hearing of the Senate Banking Committee on Wednesday (14 December 2022), Republican Senator Pat Toomey of Pennsylvania said that the collapse of FTX was not due to cryptocurrency but rather to the terrible conduct of the exchange…
Read More...

Christina Rolle, a securities regulator in the Bahamas, said in court that FTX Digital Markets co-CEO Ryan Salame had notified her of the improper transfer of client cash to Alameda Research.One of Sam Bankman-senior Fried's…
Read More...

The collapses of crypto exchange FTX, trading outfit Alameda Research, and hundreds of other organizations have diverted attention away from a few faltering enterprises. Take Justin Sun's own "algorithmic" stablecoin USDD as an example.…
Read More...

FTX previously maintained private keys without encryption, according to John Ray III, the exchange's new head.During Sam Bankman Fried's rule, FTX maintained private keys to crypto wallets without encryption, leaving "hundreds of…
Read More...

Sam Bankman-Fried, the former CEO and creator of the defunct cryptocurrency exchange FTX, has hinted publicly that he may not present at the impending hearing to testify on the collapse of his crypto company.Bankman-Fried said in a…
Read More...

After FTX's failure, Goldman Sachs apparently intends to spend "tens of millions of dollars" to acquire or invest in crypto businesses.Goldman Sachs aims to spend "tens of millions of dollars" to acquire or invest in crypto businesses…
Read More...

Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, told ABC News that he "did not know of any inappropriate use of client cash" at his firm, despite rumours that Alameda Research, FTX's brokerage arm, utilized customer…
Read More...

According to Reuters, BlackRock's Chief Executive Officer, Larry Fink, said that the company has invested $24 million in FTX via a fund of funds that the company controls.The statements were delivered by Fink during a gathering that…
Read More...

As the crypto market collapses in the wake of FTX's demise, the price of the once-rival to Ethereum has fallen.According to Coingecko, the market capitalization of the popular proof-of-stake blockchain, Solana, has fallen below that of…
Read More...