FTX used customer funds to finance risky Alameda bets - WSJ
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FTX files for bankruptcy - Bankman-Fried steps down as CEO
November 11, 2022 10:05 AM ESTFTX's Sam Bankman-Fried has stepped down as CEO of the company while FTX itself has filed for Chapter 11 bankruptcy in the US, according to a statement by the cryptocurrency exchange posted on Twitter.
Bankman-Fried is being replaced by John J. Ray III, although the company said he will stay to assist with the transition. In... More
Alameda Research is winding down trading
November 10, 2022 9:18 AM ESTAlameda Research is winding down trading
15) First, one way or another, Alameda... More
Analysis-FTX meltdown sparks investor rethink of battered crypto market
November 10, 2022 8:13 AM ESTBy Gertrude Chavez-Dreyfuss and Elizabeth Howcroft
NEW YORK/LONDON (Reuters) - A week of turmoil culminating in major crypto exchange FTX filing for bankruptcy has left investors questioning the viability of a sector already bruised by the bitcoin bubble bursting and closures of key market players.
The collapse of several crypto lenders, including Celsius and Voyager, major tokens terraUSD and Luna, and hedge fund Three Arrows Capital, had rung alarm bells even before the blow-up of FTX, headed by Sam Bankman-Fried. Crypto markets have also come under intense pressure this year as rising interest rates prompted investors... More
CZ Binance Tweets: Sad day. Tried, but crying emoji (Related to FTX Deal)
November 9, 2022 5:01 PM ESTCZ Binance Tweets: Sad day. Tried, but crying emoji (Related to FTX Deal)
Sad day. Tried, but
CZ Binance (@cz_binance) November 9, 2022... MoreFTX Investors Told That Without More Capital, Bankruptcy Likely - Bloomberg
November 9, 2022 4:58 PM ESTFTX Investors Told That Without More Capital, Bankruptcy Likely - Bloomberg
... MoreUPDATE: FTX Faces Liquidity Shortfall of Up to $8 Billion, Sam Bankman-Fried Told Investors Wednesday - DJ
November 9, 2022 4:49 PM EST(Updated - November 9, 2022 4:50 PM EST)
FTX Faces Liquidity Shortfall of Up to $8 Billion, Sam Bankman-Fried Told Investors Wednesday - DJ
Seeking Emergency Funding to Meet Withdrawal Requests... MoreBinance Calls Off Deal to Acquire FTX - Bloomberg, Citing Spokesperson
November 9, 2022 3:53 PM ESTBinance Calls Off Deal to Acquire FTX - Bloomberg, Citing Spokesperson
(Confirms WSJ report moments ago)... MoreBitcoin Falls to Low, Down 12.5% at $16,300 Following Report Binance/FTX Deal is Off
November 9, 2022 3:45 PM ESTBitcoin Falls to Low, Down 12.5% at $16,300 Following Report Binance/FTX Deal is Off
... More