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” Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX “ Three Arrows Capital co-founder Su Zhu looks like he may be attempting a comeback amid the fallout over FTX and Sam Bankman-Fried — seen by some as the crypto industry’s newest supervillain. After months of radio silence, Su Zhu remerged on Twitter…
” Alameda Research withdrew $204M ahead of bankruptcy filing – Arkham Intelligence “ Alameda Research withdrew over $200 million from FTX.US before it filed for bankruptcy, according to analysis from blockchain firm Arkham Intelligence disclosed on Nov. 25. In a Twitter thread, Arkham revealed that Alameda Research, FTX’s sister company, pulled $204 million from eight…
” American regulators to investigate Genesis and other crypto firms “ Cryptocurrency lending firm Genesis Global Capital and other crypto firms are under investigation by securities regulators in the United States, according to reports on Nov. 25. Joseph Borg, Alabama Securities Commission Director, confirmed that its state and several other states are participating in inquiries…
” Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator “ The Securities Commission of The Bahamas says the continued “hacking attempts” on FTX’s digital assets prove they made the right call to take control of the exchange’s assets on Nov. 12. In a statement on Nov. 23, the commission said…
” Crypto has survived worse than the fall of FTX: Chainalysis “ Blockchain analysis firm Chainalysis has compared the fall of Mt. Gox to FTX to determine how FTX’s bankruptcy will impact the ecosystem. It concluded that FTX was a relatively smaller part of the crypto industry than Mt. Gox was at the time and…
” Sam Bankman-Fried still speaking at events and the community is furious “ Former FTX CEO Sam Bankman-Fried has once again attracted the ire of the crypto community — this time over his slated appearance at an upcoming New York City conference on November 30. Vocal members of Crypto Twitter have questioned why the former…
“Dov Charney’s ex-lawyer scores win over LA mansion” Dov Charney’s ex-attorney won a tug-of-war versus a hedge fund over the rights to the American Apparel founder’s Los Angeles mansion — and may be poised to collect the proceeds in a bankruptcy sale, The Post has learned. Charney — who founded the hipster clothing chain in…
” Sam Bankman-Fried is ‘deeply sorry’ for collapse in letter to FTX team “ Former FTX CEO Sam Bankman-Fried, also known as SBF, has reiterated apologies to the exchange’s employees in a letter explaining the collapse. According to a Nov. 22 letter reviewed by Cointelegraph, Bankman-Fried broke down the reasons behind FTX’s liquidity crisis and…
” Genesis calls in restructuring expert in its fight to avoid bankruptcy “ Cryptocurrency lending firm Genesis Global Capital has reportedly hired a restructuring adviser to explore all possible options that include, but aren’t limited to, a potential bankruptcy. It is understood that the firm has hired investment bank Moelis & Company to explore options,…
“Sam Bankman-Fried ran FTX like ‘personal fiefdom’ as firm spent $300M on luxury real estate” Sam Bankman-Fried treated FTX like a “personal fiefdom,” as he and a handful of associates looted the now-defunct crypto exchange’s coffers to fund an epic spending spree that included a $300 million splurge on Bahamas real estate, lawyers for the…