FTX Financial News

24.11 / 16:27

FTX Fried Sam Sam Bankman-Fried Will Speak at Conference Alongside Ukraine President Volodymyr Zelensky and US Treasury Secretary Janet Yellen Despite Ongoing FTX Investigation

FTX founder Sam Bankman-Fried will speak during the New York Times' annual DealBook Summit alongside Ukraine President Volodymyr Zelensky and US Treasury Secretary Janet Yellen despite the ongoing investigation against his failed venture FTX.

24.11 / 15:31

business regulation FTX UAE regulator revokes FTX license amid the exchange collapse

As the FTX debacle still creates waves in the crypto industry and beyond, the Dubai Virtual Assets Regulatory Authority (VARA) has suspended the license which allows FTX to make preparations to service the local market.

24.11 / 13:29

Binance FTX Binance's Changpeng Zao Flags Possible $1 Billion Fund For Distressed Assets: Report

Several crypto firms have been bracing for the fallout from the FTX collapse.

24.11 / 11:49

cryptocurrency Binance FTX Crypto Exchange Fried letter Sam Sam Bankman-Fried apologises to FTX staff for his 'irrational decisions'. Read full letter

Former FTX CEO Sam Bankman-Fried sent an apology letter to his employees in which he blamed his “irrational decisions” on “shi**y” circumstances.

24.11 / 10:13

FTX Bitcoin GlobalRegulatorsToTargetCryptoExchanges After FTX Crash

Madrid-based IOSCO is an umbrella body for market watchdogs.(File)

24.11 / 09:31

cryptocurrency World News Metaverse FTX accounting First accounting firm with HQ in metaverse is sued over FTX meltdown

An accounting firm that touts itself as the first to open its headquarters in the metaverse was accused in a lawsuit of turning a blind eye to a pattern of racketeering at FTX, the cryptocurrency exchange that collapsed causing billions of dollars in losses.

24.11 / 00:05

NFT Disney FTX F1 Industry confident in NFTs amid FTX collapse: Nifty Newsletter, Nov. 16–22

In this week’s newsletter, read about how a nonfungible token (NFT) protocol was affected by the FTX collapse leading to layoffs. Despite the effects of the FTX collapse, industry players within the NFT space are still confident in the recovery of NFTs. Meanwhile, Disney brought back metaverse-backer Bob Iger as its CEO, and check out how NFTs have taken center stage at Formula 1. And, don’t forget this week’s Nifty News featuring China-based tech companies offering FIFA World Cup fans a metaverse-like viewing experience of the soccer event.

23.11 / 22:15

regulation crimes FTX lawmakers US lawmakers US lawmakers ask DOJ hold FTX execs accountable 'to the fullest extent of the law'

Two Democratic members of the United States Senate have called on the Justice Department to investigate the collapse of FTX and potentially prosecute individuals involved in wrongdoing.

23.11 / 20:47

business FTX Bankruptcy Fried letter Sam Sam Bankman-Fried is 'deeply sorry' for collapse in letter to FTX team

Former FTX CEO Sam Bankman-Fried, also known as SBF, has reiterated apologies to the exchange’s employees in a letter explaining the collapse.

23.11 / 17:49

FTX Investment Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX

In a rare move, American venture capital firm Sequoia Capital reportedly apologized to its fund investors for the $150 million it had lost on the now-bankrupt crypto exchange FTX.

23.11 / 16:15

Legal FTX Lawyer A 'Substantial Amount' of Money is Missing Says FTX Lawyer – Is it Missing or Has it Been Stolen?

A “substantial amount” of the failed crypto exchange FTX’s assets are either missing or have been stolen, said the exchange’s lawyer in court.

23.11 / 16:15

coinbase FTX Bitcoin Coinbase CEO Reveals Company Holds Over $39 Billion Worth of BTC In Response to Now-Deleted Binance CEO Tweet

As major crypto exchanges are intensifying efforts to assure customers and investors of their stability, Brian Armstrong, the CEO of Coinbase, has revealed that his company holds crypto reserves that include some BTC 2 million worth about $39.9 billion.

23.11 / 16:15

Huobi FTX Investment TRON Billionaire Tron Founder Justin Sun Looking to Purchase FTX Assets

Justin Sun, the Founder of Tron (TRX), is reportedly open to deals for the assets of the now-defunct crypto exchange FTX.

23.11 / 13:39

cryptocurrency Binance FTX end Binance is hiring. Targeting 8,000 by end of year, says CEO Changpeng Zhao

Binance, world's largest cryptocurrency exchange is hiring and CEO Changpeng Zhao has stated that the company is targeting to make itself an 8,000-strong team by the end of the year.

23.11 / 00:57

COST Reuters FTX Fried Sam Sam Bankman-Fried's FTX, Senior Staff, Parents Bought Bahamas Property Worth $300 Million

The collapse of FTX has left an estimated 1 million creditors facing losses.

22.11 / 18:05

UPS Digital CEO FTX Bitcoin Withdrawals FTX Latest – Crypto Prices Settle But FTX Only Has $1.24 Billion Cash, Bahamas and SBF Link, Genesis on Brink, FTX Japan Withdrawals

Court filings show that FTX debtor companies have a total cash balance of just $1.24 billion.

22.11 / 13:45

Blockchain NFT FTX Industry expresses confidence in the NFT space amid the FTX collapse

Even before the FTX collapse, nonfungible token (NFT) collections have already felt the impact of the crypto winter, with trading volumes going down by 98%. With the FTX debacle, the once burgeoning space seems to have been hit with the final nail to its coffin. However, executives within the industry are optimistic about the space’s recovery.

22.11 / 13:43

scam FTX SBF Fried Sam Modified Video of FTX Founder Sam Bankman-Fried Directs Users to Fraudulent Website - This is What You Need to Know

A modified video of Sam Bankman-Fried, founder and former CEO of collapsed crypto exchange FTX, is trying to trick users into a fake crypto giveaway to potentially steal their funds.

22.11 / 13:43

CEO Southern FTX New Revelation: US Prosecutors Were Looking Into FTX Long Before Exchange Collapsed

The unexpected collapse of major crypto exchange FTX has drawn significant attention in the media but recently revealed documents suggest that Sam Bankman-Fried’s company was on the radar of federal prosecutors long before FTX filed for bankruptcy.

22.11 / 08:55

Ethereum FTX ETH/USD Bitcoin Support Bitcoin Price and Ethereum Hold Crucial Support, Huobi Token Gains 10%

Bitcoin hit a two-year low on Tuesday morning in Asian trading as investors drove down prices for most cryptocurrencies over fears that the failure of the FTX.com cryptocurrency exchange on November 11 could lead to the insolvency of other businesses with ties to the exchange.

22.11 / 03:25

Ethereum Hackers hacks FTX On the move: FTX hacker splits nearly $200M in ETH across 12 wallets

The hacker behind the theft of more than $447 million of crypto from the crypto exchange FTX has been again spotted moving their ill-gotten funds.

FTX Financial News

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