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Cryptonews Tags FTX

# FTX (Page 28)

New FTX CEO: $1 Billion Worth of Assets Have Been Recovered – This is What You Need to Know
John Ray III, the new CEO of collapsed crypto exchange FTX, has revealed that the new leadership has managed to recover $1 billion worth of assets.On Tuesday, Ray, a bankruptcy expert who previously oversaw the aftermath of the collapsed energy giant Enron, testified with the US House...
, by Ruholamin Haqshanas
New FTX CEO Says ‘Unacceptable Practices’ by ‘Inexperienced and Unsophisticated Individuals’ Led to FTX Collapse – Here’s What Happened
John Ray III, the new CEO of collapsed crypto exchange FTX, has claimed that Sam Bankman-Fried's crypto empire had virtually no corporate controls and a surprising lack of financial and other record-keeping.In prepared remarks released ahead of his testimony, Ray, a bankruptcy expert who...
, by Ruholamin Haqshanas
Breaking: Sam Bankman-Fried Arrested in The Bahamas Following Formal Notification by United States
Sam Bankman-Fried, the disgraced founder of the now-bankrupt crypto exchange FTX, has been arrested in The Bahamas after US prosecutors formally filed criminal charges against him.According to a statement from the government of the Bahamas, SBF was arrested on Monday following the "receipt of...
, by Ruholamin Haqshanas
Today in Crypto:  Alameda Research Ex-CEO Hires a Former SEC Chief to Defend Her, 63 Arrested in Crypto Money Laundering Case, KuCoin’s and ByBit’s Proofs of Reserves
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Legal news Ex-CEO of Alameda Research, the parent company of the collapsed FTX exchange, Caroline Ellison, hired Stephanie...
, by Sead Fadilpašić
Sam Bankman-Fried Wants to Start a New Business to Pay Back Victims of FTX Collapse – This is What You Need to Know
Sam Bankman-Fried, founder and former CEO of the now-bankrupt crypto exchange FTX, has said that he hopes to start a new business and earn enough money to pay back victims of the collapse.Speaking from the Bahamas, the disgraced crypto boss acknowledged that he was "not nearly as competent" as he...
, by Ruholamin Haqshanas
Traders Predict Binance Insolvent After No 3Commas Refund – Crypto Crash Incoming?
After a Twitter user complained that Binance and CEO Changpeng "CZ" Zhao had done nothing to help them recover monies they believed were stolen from their account, Binance terminated the user's account. The client has three days to make a withdrawal request.A Twitter user known as CoinMamba trades...
, by Arslan Butt
Sam Bankman-Fried Finally Agrees to Testify Before House Committee Next Week – This is What Happened
Sam Bankman-Fried, founder and former CEO of FTX, has eventually agreed to participate in the upcoming U.S. House committee’s hearing and testify on the collapse of his crypto empire. In a Friday tweet, Bankman-Fried said he still does not have access to much data regarding his crypto...
, by Ruholamin Haqshanas
Today in Crypto: Sam Bankman-Fried to Testify Next Week, Regulators Postpone FTX Japan’s Suspension, Amber Group Ends $25M Deal with Chelsea FC
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Regulation newsFormer FTX CEO Sam Bankman-Fried said that he is willing to testify in front of the US House Committee on...
, by Sead Fadilpašić
Revealed: Shark Tank Superstar Kevin O’Leary Was Paid This Much by FTX to Promote Platform
Investor and Shark Tank star Kevin O'Leary has revealed that he has lost almost all of the $15 million the now-bankrupt cryptocurrency exchange FTX paid him to be its official spokesperson.O'Leary appeared in a recent episode of CNBC’s “Squawk Box″ where he was questioned...
, by Ruholamin Haqshanas
A Look Inside Alameda – Sam Bankman-Fried’s Fallen Crypto Hedge Fund Investments Revealed Here
The venture capital arm of Sam Bankman-Fried’s crypto trading firm Alameda Research had illiquid investments worth more than $5.4bn spread across nearly 500 companies, newly published documents have revealed.The venture investments controlled by Bankman-Fried appears to have covered...
, by Fredrik Vold
Former Federal Prosecutor: Sam Bankman-Fried Should Be ‘Very Concerned About Prison Time’
FTX founder and former CEO Sam Bankman-Fried should be “very concerned about prison time” after the collapse of his crypto empire, a former US federal prosecutor has said.Speaking in an interview with CNBC, Renato Mariotti, a former federal prosecutor and attorney who has represented...
, by Fredrik Vold
Crypto Security: iPhone and iPod Co-Creator Designs New Hardware Wallet for Ledger
Hardware cryptocurrency wallet developer Ledger has revealed that Tony Fadell, creator of Apple’s iPod, is the mastermind behind its new hardware wallet Ledger Stax.In a Tuesday blog post, the company announced that the iconic iPod and iPhone co-creator Tony Fadell is the inventor...
, by Ruholamin Haqshanas
Former Alameda CEO Spent $10,000,000+ on Luxury Properties Months Before FTX Collapse – Did He Know What Was Happening?
As the collapse of major crypto exchange FTX and sister firm Alameda Research continues to generate controversy within the cryptosphere, Sam Trabucco, Alameda’s former co-CEO, reportedly went on a shopping spree shortly before the two companies’ implosion. Among others, he bought two...
, by Jaroslaw Adamowski
US House Financial Services Chairwoman Maxine Waters Says it is ‘Imperative’ That Sam Bankman-Fried Attends Hearing on 13 December – This is What Happened
The Financial Services Committee Chair Maxine Waters has demanded Sam Bankman-Fried participate in the upcoming U.S. House committee’s hearing and testify on the collapse of his crypto empire. In response to a tweet by Bankman-Fried that suggested he might not appear in the hearing, the...
, by Ruholamin Haqshanas
Today in Crypto: HashKey and SEBA Bank Join Hands, KuCoin Hires Mazars for Proof of Reserves, Bitget Launches PoR Page & User Self-audit Tool
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Banking news Digital asset financial services group HashKey Digital Asset Group and crypto bank SEBA Bank AG today announced...
, by Sead Fadilpašić
FTX Founder Sam Bankman-Fried Publicly Refuses to Testify in US House Committee – Here’s What Happened
Sam Bankman-Fried, former CEO and founder of collapsed crypto exchange FTX, has publicly suggested that he might not appear in the upcoming U.S. House committee’s hearing to testify on the collapse of his crypto empire. In a tweet to the Financial Services Committee Chair...
, by Ruholamin Haqshanas
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