Kraken’s Jesse Powell Blasts FTX CEO, Lists All Red Flags About SBF
The past few days were unnerving as the crypto industry watched the fall of FTX, one of the world’s largest crypto exchanges. With FTX now insolvent, some of the biggest…
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FTX Reportedly Sent $4B to Alameda, Got Close to Losing Gibraltar License Because of Binance in 2021
FTX had reportedly reached out to several other large exchanges, including Coinbase and OKX, but was turned down. Its finances were one of the factors after the reviewal of which,…
Binance-FTX Botched Acquisition: A Timeline of High-Profile Bailout That Never Happened
Binance initially nurtured FTX. Today, it is being speculated as a reason for FTX’s imminent vanquish. This makes a great tale. But its CEO assured the community that he had…
FTX’s Legal and Compliance Team Reportedly Resigned
Troubles for the beleaguered cryptocurrency exchange FTX continue to deepen, following reports that a majority of the firm’s legal and compliance staff have exited the exchange. FTX, which is on…
SBF’s Leaked Chat Reveals FTX Anticipates a Raise From Tron’s Justin Sun
The fall of the FTX empire has sent the crypto market into yet another deadly spiral. With Binance pulling out of the deal, Tron’s Justin Sun has joined the rescue…
SBF’s Wealth Suffers an Estimated 94% Drop After FTX Fiasco: Bloomberg
The past few days saw extreme turbulence related to FTX, Alameda, and Binance. In the wake of it, ending with Binance’s statement of intent to take over FTX’s business, the…
CZ Shares the Two Big Lessons From the Binance-FTX Saga
Changpeng Zhao – the CEO of the world’s leading cryptocurrency exchange Binance – outlined two vital lessons following the saga between his company and FTX. In his view, crypto exchanges…
Binance Will Stay in the Free Market, Says CZ After Rejecting Alameda’s Offer
Fears of a Terra-style debacle have seeped into the crypto market as the Binance-FTX drama continues. Binance CEO CZ made headlines by announcing plans to liquidate entire FTT holdings gradually…
BitDAO Asks Alameda For Proof of Funds Amid Sudden BIT Dump
BitDAO may terminate its token swap and hold agreement with quant crypto trading firm Alameda Research. This follows fears that Alameda may have dumped 100 million BIT tokens. BitDAO has…
Sam Bankman-Fried Responds to CZ, Says FTX is Fine
Sam Bankman-Fried, CEO of FTX, has come out to allay fears about the state of the crypto exchange’s finances. Bankman-Fried said the platform has excess cash and clients’ funds are…