Ftx Bankruptcy

A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.

Cryptocurrency Roundup for January 19: Coinbase halts operations in Japan, FTX US suffers $90M in unauthorized transfers, and more

A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day

FTX reports $415 million in hacked crypto, Bankman-Fried says FTX US is solvent

FTX has said it had recovered over $5 billion in crypto, cash and liquid securities, but that significant shortfalls remained at both its international and U.S. crypto exchanges.

FTX founder makes first detailed response to fraud charges

FTX filed for bankruptcy in November after a run on customer deposits exposed an $8 billion hole in its accounts.

Failed crypto exchange FTX has recovered over $5 billion, attorney says

The $5 billion recovered does not include assets seized by the Securities Commission of the Bahamas, where Sam Bankman-Fried was located, said Andy Dietderich, an attorney for FTX.

Bahamas regulator holds FTX assets pending delivery to customers, creditors

FTX’s Bahamas unit’s digital assets were transferred to digital wallets under the exclusive control of the commission in November soon after the company and its hedge fund Alameda Research and dozens of affiliates filed for U.S. bankruptcy.

The FTX crypto victim card can be hard to play

Sam Bankman-Fried, currently sitting in a Bahamian jail, has been accused by the US securities regulator of orchestrating a years-long fraud that diverted billions in customer funds from opaque and offshore exchange FTX to a now-bankrupt trading empire.

In Pics | From FTX collapse to Sam Bankman-Fried's arrest; all you need to know

Hailed as next Warren Buffett, FTX founder Sam Bankman-Fried has been arrested in the Bahamas following the bankruptcy of the cryptocurrency exchange, whose dramatic collapse sent its more than a million investors and their billions of dollars down a sinkhole. Here's a timeline of events

Bankman-Fried will testify at House hearing on FTX fallout

Bankman-Fried, who hasn’t been charged with any crimes, has denied trying to perpetrate a fraud, though he has owned up to grievous managerial errors at FTX.

FTX founder Bankman-Fried to testify before US House panel

In a statement late on Friday, the panel said it would hear from newly appointed FTX CEO John Ray and from Bankman-Fried, FTX's founder and former CEO, on Tuesday.

Bernie Madoff’s lawyer has some advice for Sam Bankman-Fried: Shut up

Sorkin says Bankman-Fried should listen to his lawyers and stop talking immediately. Anyone who’s watched Law & Order knows that.

FTX’s LedgerX on Blockchain, Gemini’s radar

The unit, which is registered with the US Commodity Futures Trading Commission as a derivatives exchange, was a cornerstone of Bankman-Fried’s efforts in Washington.

Top Crypto News November 16: Sam Bankman-Fried's cryptic tweets, Bitcoin sinks, & more

“It’s going to be more than one word. I’m making it up as I go,” FTX's Sam Bankman-Fried said and when asked if he was planning to continue posting cryptic tweets, he said, “Something like that.”

At least $1 billion of client funds missing at failed crypto firm FTX : Report

Bahamas-based FTX filed for bankruptcy on Friday after a rush of customer withdrawals earlier this week.

FTX to file for US bankruptcy protection, CEO Sam Bankman-Fried resigns

The move comes days after larger rival Binance walked away from a proposed acquisition and left it scrambling to raise about $9.4 billion from investors and rivals.