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FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors

John J. Ray III, the chief executive officer of FTX Trading Ltd., has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions regarding the company’s financial state and the…

Continue ReadingFTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors

Bahamas regulator denies asking crypto exchange FTX to mint new tokens

Bahamas regulator fights back against being ‘publicly challenged’ by FTX against incorrect calculations of digital assets transferred under its control

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Snowden to Musk: ‘I Take Payment in Bitcoin’; Big Short Investor Says Audits of Exchanges like Binance and FTX Are ‘Meaningless,’ and More — Week in Review

Ahead of the holidays and new year, the former U.S. National Security Agency (NSA) contractor known to the world as a staunch privacy advocate and whistleblower, Edward Snowden, has offered…

Continue ReadingSnowden to Musk: ‘I Take Payment in Bitcoin’; Big Short Investor Says Audits of Exchanges like Binance and FTX Are ‘Meaningless,’ and More — Week in Review

New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business

According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have…

Continue ReadingNew FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business