FTX Financial News

09.12 / 18:57

business Binance FTX Deal CZ and SBF duke it out on Twitter over failed FTX/Binance deal

Binance CEO Changpeng Zhao, or CZ, and former FTX CEO Sam Bankman-Fried, or SBF, have revealed new details about the failed agreement between the exchanges during FTX’s liquidity crisis in November.

09.12 / 17:17

FTX FTT FTX Token Price Prediction - FTT Pumps as CNBC Suggests FTX Exchange Relaunch

FTX Token price prediction appears to be turning bullish, as FTT has risen more than 30% in less than 24 hours after CNBC suggests relaunching the FTX exchange. To relaunch FTX and issue new FTT tokens was something that SBF thought would be "a productive path for parties to explore."

09.12 / 16:19

cryptocurrency FTX Inside the frantic texts exchanged by crypto executives as FTX collapsed

The day before the embattled cryptocurrency exchange FTX filed for bankruptcy, Changpeng Zhao, the chief executive of the rival exchange Binance, sent an alarmed text to Sam Bankman-Fried, FTX’s founder.

09.12 / 14:35

scam FTX 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.

09.12 / 10:05

business FTX Bankruptcy Lost Kevin O'Leary lost the $15M he was paid to be FTX's spokesperson

Shark Tank star and investor Kevin O’Leary, known in some circles as Mr. Wonderful, has claimed he has all but lost the $15 million FTX paid him to be its official spokesperson.

08.12 / 13:01

NFT Web3 FTX Web 2.0 NFTs minted on FTX break, highlighting Web2 hosting flaws

The FTX collapse highlighted many flaws in the crypto industry. Now, the effects of the FTX debacle have broken into the nonfungible token (NFT) space with users unable to view their FTX-hosted NFTs.

08.12 / 05:37

business Survey FTX CNBC Terra Usd Just 8% of Americans have a positive view of crypto: CNBC survey

A new CNBC survey suggests that only 8% of Americans have a favorable view of cryptocurrency as of the end of November, down significantly from the 19% recorded in March.

08.12 / 04:27

regulation FTX SBF subpoena is 'definitely on the table,' says Rep. Maxine Waters

The United States House Financial Services Committee Chair Maxine Waters said a subpoena is "definitely on the table" for former FTX CEO Sam Bankman-Fried, who has been requested to testify at a Dec. 13 hearing looking into the collapse of FTX.

08.12 / 00:45

FTX Sam 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.

07.12 / 22:13

business FTX Deal fall Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report

Pop star Taylor Swift reportedly could have been one of the faces of failed crypto exchange FTX had talks over a $100-million deal not ended prematurely.

07.12 / 22:13

regulation SEC FTX GAO Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX

An American legislator has asked the United States Government Accountability Office (GAO) to look into the performance of the Securities and Exchange Commission (SEC) regarding the recently failed crypto exchange FTX.

07.12 / 19:29

CEO Action FTX Prison Fried Sam 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.

07.12 / 18:29

Blockchain Liquidity FTX Security in crypto comes from liquidity or the lessons we learned after FTX

The FTX bankruptcy has sent the crypto space into a downward spiral, and the crypto space is still buzzing to get all the details that led to this situation. Numerous reports have popped up, and the bankruptcy hearings bring new information daily. Considering the extent of FTX’s involvement in the global crypto space now is the time to take a hard look at what happened and draw some valuable lessons.

07.12 / 15:41

FTX Ledger Crypto security 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.

07.12 / 13:01

cryptocurrency FTX Indian Lost Indian-origin investor, 27, says he lost $2 million in FTX crash

Evan Singh Luthra, an Indian-origin entrepreneur, is among those who have lost their money after the collapse of cryptocurrency exchange FTX last month. Luthra said he lost more than $2 million after FTX went bankrupt.

07.12 / 01:13

Law regulation crimes FTX Fried Sam Sam Bankman-Fried hires defense attorney as US authorities probe FTX: Report

Former FTX chief executive officer Sam Bankman-Fried has reportedly hired Mark Cohen, a former federal prosecutor, to act as his defense attorney.

06.12 / 21:33

business FTX Bankruptcy Kevin O'Leary defends SBF, says FTX should be audited

In an interview with Yahoo Finance on Dec. 6, Shark Tank’s Kevin O’Leary called for calm in the wake of FTX’s collapse. The exchange’s former CEO, Sam Bankman-Fried, should be understood as innocent unless evidence comes to light that shows he has committed fraud, O’Leary stated. Sam Bankman-Fried is also known as “SBF.”

06.12 / 14:17

regulation FTX Fried Sam hearing us house services Financial US House Financial Services Chairwoman Maxine Waters Says it is ‘Imperative’ That Sam Bankman-Fried Attends Hearing on 13 December After – 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.

06.12 / 14:17

FTX SBF Alameda 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 luxury apartments in San Francisco and a yacht for an estimated $10 million.

06.12 / 01:49

regulation FTX Congress us house committee US House committee chair pushes back against SBF's excuse to potentially delay testimony

Maxine Waters, chair of the United States House Financial Services Committee, has called out former FTX CEO Sam Bankman-Fried for announcing on social media he intended to testify after “learning and reviewing what happened” at the exchange.

05.12 / 15:35

regulation FTX Fried Sam us house committee 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.

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