FTX Financial News

13.12 / 20:51

regulation FTX Congress lawmakers hearing US lawmakers FTX hearing: US lawmakers criticize use of Quickbooks, creepy dough, and 'conscientious stupidity'

Though Sam Bankman-Fried could not attend the congressional hearing virtually due to his recent arrest in the Bahamas, United States lawmakers held no punches criticizing the former FTX CEO and business practices at the firm.

13.12 / 18:17

Law CFTC regulation FTX Fried Sam CFTC files lawsuit against Sam Bankman-Fried, FTX, and Alameda for fraud

The United States Commodity Futures Trading Commission, or CFTC, has filed a lawsuit against Sam Bankman-Fried, FTX and Alameda Research, claiming violations of the Commodity Exchange Act and demanding a jury trial.

13.12 / 17:39

cryptocurrency Binance FTX Crypto Exchange Rivals' propaganda against Binance helped us grow, says CEO Changpeng Zhao

Binance CEO Changpeng Zhao on Tuesday spoke up against the propaganda or FUD (fear, uncertainty, and doubt) being spread against the crypto exchange by rivals. He, however, added that such attacks won the company allies who wanted to invest in Binance.

13.12 / 14:37

FTX 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.

13.12 / 13:59

FTX Arrest Fried Sam the bahamas 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.

13.12 / 09:15

business Fraud FTX Congress Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group

Merely hours before news of his arrest by Bahamian police, Sam Bankman-Fried took to Twitter denying his involvement or knowledge of a secret group chat named “Wirefraud” — which allegedly involved former FTX and Alameda ranking executives.

13.12 / 07:59

cryptocurrency FTX FTX collapse The parents in the middle of FTX’s collapse

At the height of its corporate power, cryptocurrency exchange FTX convened a group of athletes and celebrities for a charity event in March at the Miami Heat’s NBA arena. Local high school students competed for more than $1 million in prizes, pitching “Shark Tank”-style business ideas to a panel of judges that included David Ortiz, a former Boston Red Sox slugger, and Kevin O’Leary, an actual “Shark Tank” host.

13.12 / 05:37

cryptocurrency World News FTX regulatory Factbox: Global regulatory actions against FTX

Sam Bankman-Fried, the founder of bankrupt FTX cryptocurrency exchange, was arrested on Monday in The Bahamas after being criminally charged by U.S. prosecutors.

13.12 / 01:31

regulation FTX Congress Bankruptcy FTX was an 'utter failure of corporate controls at every level of an organization', says CEO

John Ray, who took over as CEO of crypto exchange FTX amid bankruptcy proceedings, has written detailed testimony in preparation for his appearance before the United States House Financial Services Committee.

12.12 / 14:31

Blockchain defi FTX transparency reserves Bybit joins trend, releases Merkle Tree-verified proof of reserves

The cryptocurrency exchange Bybit joins the parade of exchanges in the industry pushing for transparency post the FTX catastrophe.

12.12 / 13:01

scam FTX Fried Sam 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.

12.12 / 06:07

business interview FTX Congress hearing SBF wants to start a new business, officially added as hearing witness

The founder and former CEO of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried, said he’d be interested in forming a new venture aimed at paying back the customers he owes money to.

11.12 / 18:33

markets FTX Bitcoin Bitcoin Price SBF 'didn't like' decentralized Bitcoin — ARK Invest CEO Cathie Wood

Bitcoin (BTC) is too “decentralized and transparent” for former FTX CEO Sam Bankman-Fried, says Cathie Wood.

11.12 / 08:15

business Law FTX Stanford University Sam Sam Bankman-Fried’s parents no longer on the Stanford Law School roster

The domino effect of FTX CEO Sam Bankman-Fried’s actions came full circle as his reputation began impacting the professional lives of his parents — Stanford Law professors Joseph Bankman and Barbara Fried.

11.12 / 00:31

business Binance Tether FTX SBF tried to destabilize crypto market to save FTX: Report

Tether executives and Binance CEO Changpeng “CZ” Zhao worried that Sam Bankman-Fried (SBF), former FTX CEO, was attempting to destabilize the crypto market aiming to save the now-bankrupt exchange, according to reports on Dec. 9.

10.12 / 15:31

Twitter Dash Binance FTX 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.

10.12 / 14:43

regulation FTX Fried Sam committee week 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.

10.12 / 12:49

cryptocurrency FTX Fried Sam Customers Asked how he’ll repay FTX customers, Sam Bankman-Fried said…

Sam Bankman-Fried, once crypto's golden boy, has quickly seen public trust in him erode. While facing possible arrest in the FTX crisis, he has made numerous statements claiming responsibility for the implosion but denying that he knowingly committed fraud.

10.12 / 01:07

Law regulation FTX Congress Who’s expected to testify before Congressional hearings on FTX?

United States lawmakers have been pushing for certain witnesses — including Sam Bankman-Fried — to appear before committee hearings scheduled in December. Who should the crypto space expect to see testifying on the events leading to the downfall of FTX?

09.12 / 23:11

business Investments FTX FalconX says exposure to FTX represented 18% of its 'unencumbered cash equivalents'

Cryptocurrency trading company FalconX has disclosed that it suffered losses in the collapse of FTX.

09.12 / 22:35

business FTX Crypto.com reserves Crypto.com releases proof of reserves, showing above 100% for BTC, ETH

Tether (USDT), XRP, Dogecoin (DOGE), Shiba Inu (SHIB), Chainlink (LINK), and Decentraland (MANA) are also included in the report, with each of them having reserves of above 100%.

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