Another DeFi Protocol Reveals Exposure to FTX, Alameda
Mojito Markets, an Aptos decentralized exchange (DEX), is the latest one to reveal exposure to the FTX implosion. As a result, the platform is putting a pause on project development…
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FTX Creditors Could Recover up to 40% of Their Funds, Says Jefferies (Report)
The global investment banking firm – Jefferies Group – reportedly determined FTX creditors could retrieve as much as 40% of their lost money. In an interview for The Block, Joseph Femenia…
FTX Contagion is not Over yet, Guggenheim’s Scott Minerd Warns
Scott Minerd – CIO and Chairman of Guggenheim Partners – believes the demise of crypto exchange FTX will cause more problems for companies and investors. He reiterated his stance that…
Sam Bankman-Fried Won’t Contest Extradition to the US: Report
Sam Bankman-Fried – the former CEO of defunct crypto exchange FTX – will supposedly reverse his decision to contest extradition to the US. According to a Reuters report, SBF will…
Distressed Crypto Platform Amber Group Secures a $300 Million Fundraiser
Amber Group – a cryptocurrency platform backed by Singapore’s investment company Temasek – completed a $300 million funding round. The money will be distributed to clients affected by the FTX…
SBF Files Another Bail Application After Unsuccesful Bid For Release
The former FTX CEO, Sam Bankman-Fried, has reportedly filed a new application for bail in the Bahamas Supreme Court. The news comes just days after SBF was remanded to a…
A Closer Look at What Sam Bankman-Fried is Accused of Exactly
FTX and Alameda Research founder Sam Bankman-Fried (SBF) was the town’s buzziest megadonor. Over the past couple of years, he had given tens of millions to federal candidates and groups…
Alameda Secret Korea Account Exposed Masking Liabilities
According to Bloomberg, a secret account hid code detailing Alameda’s massive liabilities. The GitHub account was in the name of former FTX executive Nishad Singh, the report added. The outlet…
Alameda Had a Secret Speed Advantage When Executing Trades at FTX
The Commodities and Futures Trading Commission (CFTC) had alleged that Alameda Research was offered a secret “time advantage” when executing trades at the defunct crypto exchange FTX. The revelation adds…
Binance Processes Close to $8 Billion in Daily Withdrawals, CZ Says It Wasn’t a Even Top 5
Changpeng Zhao – CEO of Binance – said the wave of customer withdrawal requests has cooled off, assuring that the entity has coped with higher demands in the past. Data…
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