Today news
About the same in other media
22.11 - 17:08
FTX faces US regulator investigation as Binance wavers on takeover
Reading now: 922
Alameda Research is the crypto trading firm run by FTX chief Sam Bankman-Fried.
Last week, CoinDesk reported on a leaked balance sheet showing that FTX's FTT native token made up about a quarter of Alameda's assets.That revelation helped spark the liquidity crunch at FTX, with Binance saying it would dump its holdings of the token.Yesterday, Binance and FTX agreed the takeover, although both stressed that this was predicated on a full due diligence process.Within hours of that process beginning, Binance has found a financial back hole, according to Bloomberg, citing a source suggesting a gap between liabilities and assets at FTX that could top $6 billion.
. Read more on finextra.comAbout this in other media
FTX collapse could trigger ‘appetite' for harsher regulation, says Andrew Yang cointelegraph.com /1 year ago
Binance is Preparing to Bid for Bankrupt Lender Voyager as FTX Drops Out cryptonews.com /1 year ago
The FTX contagion: Which companies were affected by the FTX collapse? cointelegraph.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
