Chamath Palihapitiya calls the FTX collapse a clever con
Chamath Palihapitiya, a billionaire venture investor, describes the failed cryptocurrency exchange FTX as an "enormous financial scam" that affected tens of millions of individuals.
…
Browsing Tag
FTX
Goldman Sachs may purchase crypto businesses following FTX’s bankruptcy
Mathew McDermott, a Goldman Sachs executive, said that his company is already doing due diligence on a number of cryptocurrency companies.
As the current FTX crisis impacts crypto…
The Ripple CEO thinks regulators should make FTX-style scams harder
In a recent tweet, the CEO of Ripple, Brad Garlinghouse, expressed his agreement with the position taken by the CEO of the Crypto Council, Sheila Warren, regarding the regulation of…
Joe Rogan thinks FTX misled consumers for $10 billion
Joe Rogan, an American podcast presenter, has criticized former FTX CEO Sam Bankman-Fried (SBF) once again, challenging his capacity to lead the now-defunct cryptocurrency exchange.
…
Bitcoin Appears Prepared For An Extremely Bullish Reversal As The FTX Crisis Settles
Following a hectic month defined by a broad liquidity crisis fueled by the collapse of FTX, Bitcoin continued to consolidate on Tuesday.
The biggest cryptocurrency by market…
FTX-backed DEX Serum is ‘defunct’ and encourages a community fork
The Solana-based exchange protocol Serum announced its demise on Twitter.
Serum, a decentralized crypto exchange funded by FTX, alerted its 215,000 Twitter followers that the project is…
US legislators want DOJ to charge FTX officials to the maximum extent of the law
According to the letter, "the collapse of FTX seems to have been driven by purposeful and deceptive actions" rather than carelessness on the part of its management.
Two Democratic…
FTX hacker transferred over $200 million in ETH across 12 different wallets
Ethereum users are sending encrypted messages to the FTX hacker requesting a portion of the stolen assets.
The hacker responsible for the theft of over $447 million worth of…
Vitalik Buterin shares crypto lessons in the aftermath of the FTX crash
Vitalik Buterin, a co-founder of Ethereum said that the failure of FTX demonstrates once again that the fault resides with people and not with technology.
Vitalik Buterin, the co-founder…
Lawyers said FTX withdrawals can take years or decades
The complications of digital assets, international bankruptcy, and conflicting authorities might add years to the schedule.
While investors are anxious to hear when they will be able to…
Wallets