FTX Financial News

28.12 / 12:39

Blockchain hacks regulation FTX bail play Alameda wallets become active days after SBF bail, community mulls foul play

The crypto wallets associated with now-bankrupt trading firm Alameda Research, the sister company of FTX, were seen transferring out funds just days after the former CEO Sam Bankman Fried was released on a $250 million bond.

26.12 / 20:57

business FTX Celsius Sky Mavis collapses 7 biggest crypto collapses of 2022 the industry would like to forget

2022 has been a bumpy year for the cryptocurrency market, with one of the worst bear markets on record and the downfall of some major platforms within the space. The global economy is beginning to feel the consequences of the pandemic, and clearly, this has had an influence on the crypto industry.

26.12 / 16:35

Binance FTX FUD Binance CEO CZ Clarifies Reasons Behind Recent FUD Surrounding the Exchange – This is What he Said

Binance CEO Changpeng “CZ” Zhao has recently taken to Twitter to share what he thinks might be the reasons for the recent fear, uncertainty, and doubt (FUD) surrounding the crypto exchange.

26.12 / 15:13

Adoption FTX Bitcoin Early Amazon Investor Bill Miller is Still Bullish on Bitcoin Despite the Recent Crash – What Does he Know?

Bill Miller, a famed American investor, fund manager, and philanthropist, is still bullish on Bitcoin despite the recent crypto meltdown that has seen the price of the flagship cryptocurrency plunge by around 75% compared to its all-time high.

25.12 / 13:57

FTX Sam play Alameda Research's Sam Trabucco Emerges in FTX Scandal: What Role Did He Play?

The spotlight has turned on Alameda Research’s former co-CEO Sam Trabucco as evidence shows he might have played a key role in the FTX scandal.

25.12 / 08:15

business regulation FTX FBI Fried Sam bail Sam Bankman-Fried found 'chilling' in JFK airport lounge on $250M bail bond

The momentary arrest of former FTX CEO Sam Bankman-Fried (SBF) can be attributed to the efforts taken by the crypto community to aid investigations and track down the whereabouts of the infamous entrepreneur. While SBF eventually escaped prison time via a $250 million bail bond, the community continues to monitor his every move publicly.

24.12 / 17:19

Adoption FTX Bitcoin Xmas dinner table: What to tell your family about what happened in crypto this year

After a lackluster rise of crypto in 2021, which saw many new crypto millionaires and several crypto startups attain unicorn status, came the dramatic fall in 2022. The industry was plagued by macroeconomic pressures, scandals and meltdowns that wiped out fortunes virtually overnight.

24.12 / 13:07

FTX Ftx Trial Customer CEO of FTX Sister Company Caroline Ellison Confesses to Misusing Customer Funds – Here’s What You Need to Know

Former Alameda Research CEO Caroline Ellison has agreed to plead guilty to seven offenses, which include charges of wire fraud, securities fraud, and money laundering. Meanwhile, the CFTC has claimed that she "gambled Alameda customer money."

23.12 / 23:03

UPS Twitter FTX Fried Sam FTX Co-Founder Sam Bankman-Fried Posts $250 Million Bond, Will Remain Under House Arrest – Where is the Money From?

Disgraced former FTX CEO Sam Bankman-Fried has been released from jail after posting a $250m bond in a New York court.

23.12 / 22:51

Law regulation crimes FTX Deal Customer Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal

Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments.

23.12 / 22:07

business VISA FTX Bankruptcy Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues

Never underestimate how quickly things can deteriorate in a sector as volatile as crypto, especially in a bear market. Prices can always go lower in the depts of crypto winter and casualties can multiply overnight. 2022 has been a year of never-ending contagion; with everyone focused on Binance, high-profile Bitcoin (BTC) miners were going bust.

23.12 / 16:57

FTX FTT New Revelation: FTX’s Acquisition of Blockfolio Paid in FTT Tokens Which are Now Virtually Worthless – Here’s What You Need to Know

When the now-bankrupt crypto exchange FTX acquired the crypto mobile app Blockfolio, payment was not made in cash but instead in the form of FTX’s own FTT tokens, financial statements have revealed.

23.12 / 14:23

cryptocurrency FTX SBF Jail Fried Sam 4 conditions under which Sam Bankman-Fried has been released from jail

Sam Bankman-Fried, the ex-FTX CEO arrested for criminal fraud, has been released on a $250-million bail. The 30-year-old, once the toast of the crypto world, stands accused of stealing billions of dollars belonging to customers.

23.12 / 10:29

cryptocurrency Bloomberg Opinion FTX Thanks to FTX, regulating crypto should be easy: The Editors

As the demise of the FTX crypto empire unfolds — on Twitter, in bankruptcy proceedings, in congressional hearings and potentially in criminal court — lawmakers and regulators are grappling with a question: What, if anything, should they do to civilise a market so rife with abuse?

23.12 / 01:53

regulation FTX Bitcoin Regulation Terra NOT Rating agencies, not regulators, can rebuild trust in crypto after FTX

The last year has been an eventful one for the crypto space. The collapse of the Terra ecosystem and its TerraUSD (UST) algorithmic stablecoin saw $50 billion wiped off the market in a flash. And more recently, FTX, an exchange many thought was “too big to fail,” came crashing down. There’s been no shortage of drama in the space, which has seen name-stay businesses and projects disappear along with investors’ funds.

23.12 / 00:33

business FTX Bankruptcy committee FTX creditor committee hires Paul Hastings LLP for bankruptcy proceedings: Report

After taking pitches from many law firms, the nine-member committee representing unsecured creditors of the disgraced crypto exchange FTX has decided on a legal adviser, the Wall Street Journal reported on Dec. 21.

22.12 / 22:55

regulation FTX bail SBF sent home after his parents put up their house to cover his astronomical bail bond

Sam Bankman-Fried, the former CEO of FTX now facing criminal charges that could land him in jail for the rest of his life, may be granted bail in the United States ahead of his trail, Reuters reported Dec. 21.

22.12 / 21:27

business FTX Financial Times Jail SBF received special treatment inside Bahamian jail: Report

Former FTX CEO Sam Bankman-Fried, who was remanded to the notorious Fox Hill Prison in Nassau, Bahamas, pending an investigation into the collapse of his exchange, had a different experience than many other prisoners.

22.12 / 20:55

Twitter Cooper FTX Fried Sam Official: Sam Bankman-Fried Enters FBI Custody and Set to Appear in Front of US Judge as Associates Ellison and Wang Turn on Him

Sam Bankman-Fried (SBF), the disgraced founder of crypto exchange FTX, has been extradited to the United States and is set to appear before a judge on Thursday.

22.12 / 19:33

Law regulation FTX Bankruptcy Customers Third parties could return FTX funds directly to customers: Law firm

More than one million creditors of failed crypto exchange FTX have been waiting to be made whole since before the firm’s bankruptcy filing on Nov. 11, but according to one expert, recipients of donations and contributions may have a legal means of returning the funds directly to investors and customers.

22.12 / 15:49

business FTX community FTX, Alameda execs plead guilty to fraud charges: Community responds

In the newest update to the FTX saga, former Alameda Research CEO Caroline Ellison and former FTX co-founder Gary Wang plead guilty to fraud charges and are currently helping with the investigation of former FTX CEO Sam Bankman-Fried. As the news broke, crypto community members shared their thoughts on the new development.

FTX Financial News

popular questions about FTX

What is FTX and why is it gaining attention?

Where can I find the latest updates on FTX?

How can I verify the accuracy of information on FTX?