Law Decoded, Nov. 7–14: How regulators reacted to the FTX crash
While some lawmakers expressed their eagerness to quick up the regulatory progress, others blamed the SEC in FTX’s monopoly. Go to Source Powered by WPeMatico
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BTC losses get real as Bitcoin SOPR metric hits lowest since March 2020
Sale price versus price paid diverges the most in over two years — since the last Bitcoin “black swan” event. Go to Source Powered by WPeMatico
Crypto Twitter unhappy with SBF ‘puff piece’ pushed by mainstream media
While SBF refuses to interact with Crypto Twitter, the same community he once called home, he was featured in New York Times trying to explain the sequence of events that led to the fall of FTX. Go to Source Powered by WPeMatico
Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings
According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-Fried’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth of tokens before the digital assets were scheduled to be listed on FTX. Blockchain Analytics Firm Says Alameda Had an Insider’s Edge … Read more
Sam Bankman-Fried’s weird, cryptic tweets attract even wilder theories
A series of strange tweets by former FTX CEO Sam Bankman-Fried caused widespread speculation on Twitter, but he claims he’s “improvising” and “making it up as I go.” Go to Source Powered by WPeMatico
Let’s move on from FTX’s collapse and get back to the basics
Sam Bankman-Fried’s degeneracy brought some turbulence to the market. Now it’s time to get back to the basics of transforming finance. Go to Source Powered by WPeMatico
Kevin O’Leary: FTX Collapse Is a Turning Point for the Industry — ‘Crypto Bottom Is In’
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has investments in FTX. Following the collapse of the crypto exchange, he said it’s a turning point for the industry, emphasizing that the “crypto bottom is in.” He is now pushing for crypto regulation. “What I’m going to be doing is I’m going to fly to Washington … Read more
Turkey’s financial authority investigates FTX’s collapse
The Turkish regulator joined the United States and the Bahamas in investigating the exchange’s fall. Go to Source Powered by WPeMatico
Binance’s CZ says users share blame for placing trust in FTX, should take responsibility
The Binance CEO was responding to a questioner who accused the company of profiting from FTX’s downfall while normal users suffered. Go to Source Powered by WPeMatico
BlockFi denies rumors that majority of its assets were held on FTX
Although it admitted to “significant exposure,” the crypto lender assured clients that it has “the necessary liquidity to explore all options.” Go to Source Powered by WPeMatico