Bookmarking Crypto Insights
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According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF transferred $10 billion in customer funds to Alameda Research, the company’s financials show between $1 billion and $2 billion has gone missing. … Read more
Litecoin diverged from the broader crypto market downtrend in the months leading up to its halving in August 2023. Go to Source Powered by WPeMatico
Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be used by the company’s senior executives, quoted documents have revealed. Bankman-Fried’s Parents Trying to Return Vacation Home to FTX FTX, the parents of its founder … Read more
The tool allows users to monitor exchanges’ reserves through displays of total assets and public wallet addresses, along with the balance and value of the wallets displayed. Go to Source Powered by WPeMatico
Bitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow. Go to Source Powered by WPeMatico
The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt crypto exchange FTX on Nov. 12. Go to Source Powered by WPeMatico
At least 19 properties worth around $121 million were reportedly purchased under FTX’s name, Sam Bankman-Fried’s parents and senior-level executives. Go to Source Powered by WPeMatico
A faked video the FTX founder created by scammers has circulated on Twitter with users poking fun at its poor production quality. Go to Source Powered by WPeMatico
The aftermath of FTX’s collapse has soured crypto investor sentiment with “record” inflows into short-investment products last week, said CoinShares. Go to Source Powered by WPeMatico
Meanwhile, Ethereum users are sending encoded messages to the FTX hacker pleading for a share of funds. Go to Source Powered by WPeMatico
