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FTX insolvency – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sun, 01 Jan 2023 16:00:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png FTX insolvency – DIGIT INFO https://www.digit.info 32 32 Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022 https://www.digit.info/global-cryptocurrency-trade-volumes-saw-a-significant-decline-in-december-2022/ Sun, 01 Jan 2023 16:00:10 +0000 https://www.digit.info/2023/01/01/global-cryptocurrency-trade-volumes-saw-a-significant-decline-in-december-2022/ Read more]]> According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to double that amount, $54.78 billion, two weeks earlier. On November 8, 2022, 54 days prior, amid the FTX collapse, global cryptocurrency trade volumes were approximately […]

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Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX https://www.digit.info/ikigai-exec-says-large-majority-of-crypto-asset-management-firms-funds-stuck-on-ftx/ Mon, 14 Nov 2022 21:30:15 +0000 https://www.digit.info/2022/11/14/ikigai-exec-says-large-majority-of-crypto-asset-management-firms-funds-stuck-on-ftx/ Read more]]> Ikigai Exec Says 'Large Majority' of Crypto Asset Management Firm's Funds Stuck on FTXAfter Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majority of the hedge fund’s total assets” were stored on FTX. Ikigai chief investment officer, Travis Kling, told the public on Twitter and […]

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Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Misconduct’ https://www.digit.info/royal-bahamas-police-force-reveals-ftx-is-being-investigated-for-criminal-misconduct/ Sun, 13 Nov 2022 19:00:55 +0000 https://www.digit.info/2022/11/13/royal-bahamas-police-force-reveals-ftx-is-being-investigated-for-criminal-misconduct/ Read more]]> Royal Bahamas Police Force Reveals FTX Is Being Investigated for 'Criminal Misconduct'“A team of financial investigators” are currently investigating the now-defunct crypto exchange FTX, the Royal Bahamas Police Force said in a statement shared on Sunday. The police noted that the financial investigators were searching to see if “any criminal misconduct occurred.” Bahamas Law Enforcement Looks Into FTX Collapse After the Bahamas securities regulator took action […]

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Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’ https://www.digit.info/hedge-fund-galois-capital-discloses-roughly-half-of-the-firms-capital-stuck-on-ftx/ Sat, 12 Nov 2022 19:30:10 +0000 https://www.digit.info/2022/11/12/hedge-fund-galois-capital-discloses-roughly-half-of-the-firms-capital-stuck-on-ftx/ Read more]]> Hedge Fund Galois Capital Discloses 'Roughly Half' of the Firm's Capital 'Stuck on FTX'According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote a letter to investors explaining the situation and said he was “deeply sorry” about the turn of events. Galois […]

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FTX Binance Fallout: Bitdao Community Asks Alameda Research to Respond to Token Dump Allegations https://www.digit.info/ftx-binance-fallout-bitdao-community-asks-alameda-research-to-respond-to-token-dump-allegations/ Tue, 08 Nov 2022 14:30:13 +0000 https://www.digit.info/2022/11/08/ftx-binance-fallout-bitdao-community-asks-alameda-research-to-respond-to-token-dump-allegations/ Read more]]> 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 prohibits the offloading of each other’s tokens before […]

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