Auto Added by WPeMatico

Washington Post, Forbes, Wall Street Journal Slammed for ‘Puff Piece’ Reports on FTX and Alameda Execs

Following the highly criticized New York Times article that features commentary from the former CEO of FTX, Sam Bankman-Fried (SBF), the public continues to give the mainstream media flak for…

Continue ReadingWashington Post, Forbes, Wall Street Journal Slammed for ‘Puff Piece’ Reports on FTX and Alameda Execs

Bitcoin traders increase leverage longs even as crypto critics say BTC is a “pure Ponzi”

In the past 48-hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies.

Continue ReadingBitcoin traders increase leverage longs even as crypto critics say BTC is a “pure Ponzi”

Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect

An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and…

Continue ReadingAnalysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect

Sam Bankman-Fried, FTX, Alameda Were Accused of Conspiracy, Racketeering, and Market Manipulation 3 Years Before FTX Collapsed

Amid the latest bankruptcy case filed by FTX Trading Ltd., U.S. regulators want to crack down on crypto exchanges, and a class action lawsuit has been issued against former FTX…

Continue ReadingSam Bankman-Fried, FTX, Alameda Were Accused of Conspiracy, Racketeering, and Market Manipulation 3 Years Before FTX Collapsed

Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees

Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX.…

Continue ReadingNigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees