FTX: it took ‘Herculean investigative effort’ to identify $5.5B in liquid assets
Debtors said they had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following FTX filing for Chapter 11 bankruptcy.
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Debtors said they had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following FTX filing for Chapter 11 bankruptcy.
Anthony Scaramucci said blockchain "skepticism is usually born from a lack of knowledge," while sharing his crypto holdings of Bitcoin, Ether, Solana and Algorand.
The current BTC price boost may not be a natural phenomenon any longer, new research says.
Mamoru Yanase said crypto needs the same safeguards as financial institutions and banks.
The SkyBridge founder opened up about his trust in FTX founder Sam Bankman-Fried which was ultimately broken after the exchange collapsed.
While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia.
The ghost of FTX haunts the crypto industry, but Bitcoin is attempting to leave it behind as BTC price gains endure.
Sam Bankman-Fried ordered Gary Wang, FTX's co-founder, to open the alleged credit line financed by the exchange's customers.
Now that the SEC has gotten involved in the ongoing Gemini–Genesis spat, things could get ugly for both parties in the near term.
Anthony Scarammuci also noted that there was "clearly fraud" in the SBF and FTX debacle, while Mike Novogratz said there’s a side of him that would like to “punch” SBF…