FTX bankruptcy filing speculates over 1 million creditors
In the latest bankruptcy filing for the exchange, it was revealed that there may be one million creditors, rather than the 100,000 initially estimated. Go to Source Powered by WPeMatico
Sam Bankman-Fried
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FTX hacker still draining exchange wallets? Analyst calls it on-chain spoofing
The FTX hacker managed to steal $477 million out of the $650 million moved on-chain on Nov.11 and currently holds $62 million in total assets. 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
Amid FTX collapse, crypto funds see largest inflows in 14 weeks
The Bitcoin price briefly fell below $16,000 last week as Sam Bankman-Fried’s FTX Group filed for bankruptcy. Go to Source Powered by WPeMatico
Effective Altruism: Former FTX CEO’s Alleged $40M Penthouse Listed for Sale, Report Says Firm Spent $74M on Real Estate
In light of a recently published real estate listing, former FTX CEO Sam Bankman-Fried (SBF) is reportedly selling a 12,000-square-foot penthouse in the Bahamas for $39.9 million. Moreover, reports further detail that FTX Property Holdings spent roughly $74 million on real estate purchases in the surrounding Albany Bahamas oceanside district. Bahama Mansion Called the ‘Orchid … Read more
El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX
Despite the backlash he previously received for purchasing BTC as markets crashed, Bukele cited the recent FTX collapse to explain why Bitcoin is different. Go to Source Powered by WPeMatico
Conflicting Reports Emerge About SEC Helping Bankrupt Crypto Exchange FTX With Legal Loopholes
The U.S. Securities and Exchange Commission (SEC) reportedly met with crypto exchange FTX and former CEO Sam Bankman-Fried several times before the crypto firm filed for bankruptcy. SEC Chairman Gary Gensler was rumored to be helping FTX with legal loopholes. However, a new report indicates a contradicting viewpoint. Gensler’s Meeting With Sam Bankman-Fried and FTX … Read more