FTX Financial News
18.11 / 22:27
business
FTX
Bankruptcy
Crypto Biz: FTX fallout leaves blood in its wake
Bitcoin (BTC) is the greatest monetary revolution of the modern age. By simply buying and holding Bitcoin, citizens are staging a peaceful protest against the indentured servitude brought on by fiat economics. In the process, they’ve initiated one of the greatest wealth transfers of all time — a process that will take decades to play out fully.
18.11 / 20:45
Digital
Southern
FTX
‘Serious Fraud and Mismanagement’ Occurred at FTX Says Bahamian Liquidators
Liquidators in the Bahamas working on the now-bankrupt crypto exchange FTX believe there was “serious fraud and mismanagement” occurring at the exchange, court documents have revealed.
18.11 / 20:45
FTX
Singapore State Fund Temasek Writes Down $275 Million Investment in FTX – Here’s What Happened
As the recent collapse of major exchange FTX continues to ravage the crypto markets across the world, Singapore’s state-run fund Temasek has decided to write down the $275 million investment made into the failed crypto exchange.
18.11 / 20:07
business
Investments
Bloomberg
FTX
Investment manager
$138B investment manager Man Group to launch crypto hedge fund: Report
London-based investment manager Man Group Plc is preparing to launch a cryptocurrency hedge fund, signaling continued investor appetite for digital assets in the wake of FTX’s monumental collapse earlier this month.
18.11 / 17:59
FTX
Bitcoin
El Salvador President Says Country Will Buy ‘One Bitcoin Every Day’, Billionaire Justin Sun Joins Him
In a bid to exploit the recent crypto meltdown, El Salvador’s President Nayib Bukele and Tron Founder Justin Sun plan to Bitcoin at a pace of one coin per day starting today.
18.11 / 17:07
Binance
FTX
Investment
Binance is Preparing to Bid for Bankrupt Lender Voyager as FTX Drops Out
Binance.US, crypto exchange Binance’s American arm, is reportedly set for a bid to acquire crypto lending firm Voyager Digital, after FTX dropped out of the picture.
18.11 / 17:07
Gemini
FTX
Withdrawals
Troubled Crypto Firm Genesis Sought $1 Billion Emergency Loan Before Suspending Withdrawals – This is What Happened
The troubled crypto lending and trading firm Genesis had sought an emergency loan of $1bn before closing redemptions for clients earlier this week.
18.11 / 16:03
business
FTX
FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong
In the wake of the recent FTX scandal, another crypto business is feeling the market effects. Genesis Block, a frontrunner for providing cryptocurrency retail services in Hong Kong, announced it will cease trading and shutter operations, according to reports.
18.11 / 14:37
FTX
Bitcoin
NOT
Rich Dad Poor Dad Robert Kiyosaki Calls FTX Founder ‘Bernie Madoff of Crypto’, Says ‘Bitcoin is Not the Problem’
Rather than Warren Buffet, FTX founder Sam Bankman-Fried (SBF) is the Bernie Madoff of crypto, said Robert Kiyosaki, investor, entrepreneur, and the best-selling author of Rich Dad Poor Dad. He also argued that bitcoin (BTC) is not an issue - in this or any other situation.
18.11 / 13:15
business
Blockchain
Hackers
FTX
Fried
Sam
Extradition
Sam Bankman-Fried rumor mill running amok: Trading course, FBI extradition, FTX hack
Rumors and speculations surrounding former FTX CEO Sam Bankman-Fried (SBF) continue to bombard the crypto community as the effects of the FTX collapse proceeds to be felt throughout the crypto space.
18.11 / 12:17
18.11 / 09:55
FTX
Bankruptcy
Fried
Sam
Sam Bankman-Fried: What's Next In Crypto Exchange FTX's Bankruptcy
Customers who withdrew their assets from FTX before its collapse are not necessarily in the clear.
18.11 / 08:37
FTX
How FTX Bought Its Way To Become The "Most Regulated" Crypto Exchange
FTX also saw its regulatory status as a way of luring new capital from major investors.
18.11 / 04:37
business
Conference
FTX
Crypto industry was ‘judge, jury and executioner’ for FTX: Pompliano
Prolific podcaster and cryptocurrency investor Anthony Pompliano has not lost faith in people or the crypto industry despite the disappointing conduct of former FTX CEO Sam Bankman-Fried.
18.11 / 03:37
business
FTX
Credit Suisse
Bankruptcy
fall
FTX will be the last giant to fall this cycle: Hedge fund co-founder
While the FTX crisis is continuing to unfold, the former head of risk at Credit Suisse believes the exchange's fall from grace should be the last catastrophic event — at least in this market cycle.
18.11 / 00:53
UPS
CEO
FTX
Bitcoin
FTX Latest - Crypto Prices Stable as New CEO Condemns 'Complete Failure'. Here's the Shocking Mismanagement Laid Bare
New FTX CEO John Ray reveals today in a court declaration “the complete failure of corporate controls” at bankrupt crypto exchange FTX.
18.11 / 00:51
business
Blockchain
FTX
Jump Crypto denies rumors that it intends to wind down due to FTX losses
Jump Crypto, a division of the Jump Trading Group, has denied rumors circulating online that it intends to wind down operations due to its exposure to FTX losses.
17.11 / 23:09
business
Blockchain
FTX
Genesis Trading
FTX and Alameda likely colluded from the very beginning: Report
According to a new report published by blockchain analytics firm Nansen on Nov. 17, bankrupt cryptocurrency exchange FTX was allegedly intertwined with that of crypto trading firm Alameda Research from the very beginning. Both entities were created by crypto businessman Sam Bankman-Fried, who is now being considered for extradition by U.S. authorities for his role in the collapse of the exchange.
17.11 / 20:11
Ripple
FTX
Updates
Ripple CEO Says Current Crisis Will Make Crypto Stronger, Announces Huge Updates
While FTX’s sudden collapse continues to fuel uncertainty among the world’s crypto investors, some industry representatives believe that the cryptosphere could emerge stronger from the turmoil. This is according to Brad Garlinghouse, the CEO of US blockchain company Ripple Labs, who has also announced major updates.
17.11 / 19:11
markets
FTX
Bitcoin
Bitcoin Price
exit
Bitcoin price target now $13.5K as BTC trader says 'exit all markets'
Bitcoin (BTC) ranged around $16,500 on Nov. 17 as markets digested the latest events surrounding exchange FTX.
17.11 / 18:37
markets
FTX
Bitcoin
Bitcoin Price
3 reasons why the FTX fiasco is bullish for Bitcoin
The "Bitcoin-is-dead" gang is back and at it again. The fall of the FTX cryptocurrency exchange has resurrected these infamous critics that are once again blaming a robbery on the money that was stolen, and not the robber.
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