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” Ripple to consider deals for FTX assets: Brad Garlinghouse “ Ripple CEO Brad Garlinghouse is reportedly interested in buying certain parts of collapsed crypto exchange FTX. On the sidelines of Ripple’s Swell conference in London — was held on Nov. 16 and 17 — Garlinghouse told The Sunday Times that former FTX CEO Sam…
” Crypto community reacts to mainstream media coverage of FTX’s implosion: criticism, misogyny and more “ The crypto community on Twitter is heavily criticizing the mainstream media for its poor and biased coverage of the collapse of cryptocurrency exchange FTX. In a piece published on Nov. 18 by Forbes Magazine, the CEO of FTX’s affiliate…
“FTX launches strategic review, seeks court relief to pay critical vendors” Collapsed crypto exchange FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganization of some businesses. FTX, along with about 101 affiliated firms, also sought court relief to allow the operation of a new…
” Nickel Digital, Metaplex, and others continue to feel the impact of FTX collapse “ Nickel Digital Asset Management is not the only company feeling the effects of FTX’s collapse and bankruptcy. NFT protocol Metaplex also laid off, “several members of the Metaplex Studios team” due to the “indirect impact” from the collapse of crypto…
” FTX is done — What’s next for Bitcoin, altcoins and crypto in general? “ 2022 was a tough year for crypto, and November was especially hard on investors and traders alike. While it was incredibly painful for many, FTX’s blowup and the ensuing contagion that threatens to pull other centralized crypto exchanges down with…
” Crypto Biz: FTX fallout leaves blood in its wake “ Bitcoin (BTC) is the greatest monetary revolution of the modern age. By simply buying and holding Bitcoin, citizens are staging a peaceful protest against the indentured servitude brought on by fiat economics. In the process, they’ve initiated one of the greatest wealth transfers of…
“Orlando Bravo told investors he was ‘shocked’ by FTX losses: source” Orlando Bravo — the head of one of the US’s biggest tech investment firms — apparently felt he had some explaining to do this week. The Miami-based billionaire’s firm Thoma Bravo reportedly lost $130 million on an ill-fated investment in FTX, the crypto exchange…
” Bahamian securities regulator ordered the transfer of FTX’s digital assets “ The Securities Commission of The Bahamas (SCB) said it had ordered the transfer of all digital assets of FTX Digital Markets (FDM) to a digital wallet owned by the commission on Nov. 12. In a Nov. 17 statement, the SCB said it exercised…
” FTX names Kroll as claims agent, to update users on bankruptcy developments “ Bankrupt crypto exchange FTX has appointed restructuring administration firm Kroll as its agent to track all claims against FTX and ensure interested parties are notified of developments throughout its Chapter 11 bankruptcy case. Known as the “claims and noticing agent,” Kroll…
” FTX will be the last giant to fall this cycle: Hedge fund co-founder “ While the FTX crisis is continuing to unfold, the former head of risk at Credit Suisse believes the exchange’s fall from grace should be the last catastrophic event — at least in this market cycle. CK Zheng, the former head of…