FTX

Crypto
Crypto Crash
Crypto Fraud
FTX
Winklevoss

Gemini’s Cameron Winklevoss Slams Crypto Exec Barry Silbert Over Frozen Funds

(Bloomberg) — The fallout from the collapse of Sam Bankman-Fried’s crypto empire just got messier, with digital-asset entrepreneur Cameron Winklevoss accusing fellow businessman Barry Silbert of “bad faith stall tactics” and the intermingling of funds within his conglomerate that Winklevoss says have left $900 million in customer assets needlessly in limbo since FTX’s meltdown. Gemini […]

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Crypto Crash
Crypto Fraud
FTX

Bankman-Fried Fraud Used ‘Dirty Money’ in DC, US Prosecutor Says

(Bloomberg) — FTX cryptocurrency exchange founder Sam Bankman-Fried is responsible for “one of the biggest financial frauds in American history” and the investigation of the alleged scheme is “very much ongoing,” Manhattan US Attorney Damian Williams said Tuesday. Bankman-Fried was charged with eight criminal counts, including conspiracy and wire fraud, earlier in the day, for […]

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Crypto Crash
Crypto Fraud
Cryptocurrency
Fraud
FTX

Here Are The Wildest Parts From Bankman-Fried’s SEC Allegations

(Bloomberg) — US authorities have alleged that fallen crypto maven Sam Bankman-Fried defrauded investors in his FTX empire, stealing billions of dollars as part of a “massive, years-long fraud” for his own benefit. Civil charges, filed by the Securities and Exchange Commission on Tuesday, claimed that Bankman-Fried had been engaged in a scheme to deceive […]

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Crypto
Crypto Crash
Crypto Fraud
Cryptocurrency
Cryptocurrency Regulation
FTX

FTX Missing Billions Remain Mystery After Bankman-Fried Grilling

(Bloomberg) — Mystery continues to shroud the missing billions at bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying to perpetrate a fraud while admitting to grievous managerial errors. In his first major public appearance following the Nov. 11 implosion of FTX and sister trading house Alameda Research, Bankman-Fried said he “screwed […]

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Altcoins
Bitcoin
Crypto
Crypto Crash
Cryptocurrency
FTX
Stablecoins

Coinbase Debt Was ‘Canary in the Coal Mine’ for Crypto Meltdown

(Bloomberg) — In the wake of the spectacular meltdown of Sam Bankman-Fried’s crypto empire, many investors are looking for early warning signs that may have foretold the contagion that was about to unfold. One possibility? Coinbase Global Inc.’s junk bonds. The largest US digital-asset trading platform has seen the price of its bonds plunge this […]

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Crypto
Crypto Crash
Crypto Fraud
Cryptocurrency
Cryptocurrency Mining
Cryptocurrency Regulation
FTX

FTX Latest: Genesis Bankruptcy Warning Weighs on Crypto Markets

(Bloomberg) — Crypto brokerage Genesis warned of the risk of bankruptcy amid contagion from the rapid demise of Sam Bankman-Fried’s FTX empire. Tampa Bay Buccaneers quarterback Tom Brady and the Golden State Warriors’ Steph Curry are among the celebrities that a Texas regulator is investigating for potential securities-law violations tied to their promotions of FTX. […]

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Crypto
Crypto Crash
Crypto Fraud
Crypto Mining
Cryptocurrency Regulation
FTX

FTX Latest: Crypto Fears Contagion as Billions Owed to Creditors

(Bloomberg) — Sam Bankman-Fried’s bankrupt FTX crypto exchange owes its 50 top unsecured creditors a total of $3.1 billion. FTX Trading Ltd. and about 100 affiliated companies are starting a strategic review of global assets. Investors continue to pull funds from digital-asset exchanges despite the latter’s efforts to reassure markets about their stability. Crypto lender […]

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Crypto
Crypto Crash
Cryptocurrency
FTX
Options and Futures

FTX Mayhem Fails to Scare Futures Exchanges Away From Crypto

(Bloomberg) — Even as some of Wall Street’s old guard has an “I-told-you-so” moment after the collapse of Sam Bankman-Fried’s FTX, futures exchanges aren’t giving up on crypto. CME Group Inc. Chief Executive Officer Terry Duffy, who has been one of Bankman-Fried’s fiercest critics, said he won’t stop crypto-futures trading just because of “one bad […]

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