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” Winners and losers of 2022: A disastrous year that saw few winners among a sea of losers “ 2022 was supposed to be the year crypto went mainstream, with a significant chunk of traditional venture capital firms betting heavily on the ecosystem in 2021. However, with one disaster after another, 2022 turned out to…
” Sam Bankman-Fried to reportedly plead not guilty to criminal charges “ Former FTX CEO Sam Bankman-Fried (SBF), currently free on a $250 million bail bond, will reportedly plead not guilty to the alleged FTX and Alameda-related financial frauds in court on Jan. 3. SBF was arrested in the Bahamas at the request of the…
” Sam Bankman-Fried denies moving funds from Alameda wallets “ Sam Bankman-Fried, the former CEO of the now-defunct FTX exchange, has denied moving funds tied to Alameda wallets, days after he was released on a $250 million bond. On Dec. 30, Fried tweeted to his 1.1 million followers, denying any involvement in the movement of…
” Companies and investors may need to return billions in funds paid by FTX “ The collapse of FTX Group may not yet be the end of its contagious spread, as clawback provisions could force business and investors to return billions of dollars paid in the months leading up to the crypto exchange’s collapse, an…
” 10 crypto tweets that aged like milk: 2022 edition “ To put it lightly, it has been a wild year for the crypto sector. In the span of less than 12 months, the third-most valuable stablecoin imploded, leading to a domino effect that saw crypto lender Celsius go bankrupt, Three Arrows Capital’s founders go…
” Here’s what SBF’s fake electronics outlet ‘North Dimension’ looks like “ As the malpractices of the FTX continue to pop up and be uncovered by prosecutors, it turns out the disgraced crypto exchange’s customers were sending money to a fake electronic online shop, which was reportedly opened by Sam “SBF” Bankman-Fried. In a complaint filed…
” Investors seek to sell FTX, Celsius, BlockFi, Voyager claims “ Instead of waiting for a lengthy bankruptcy process, some investors who have claims on FTX, Celsius Network, BlockFi and Voyager Digital are looking to pass on their claims to others. Data from crypto claims trading startup Xclaim shows that there are at least hundreds…
” Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible? “ Solana (SOL), the cryptocurrency once supported by Sam Bankman-Fried, pared some losses on Dec. 30, a day after falling to its lowest level since February 2021. Solana price down 97% from November 2021 peak On…
” SBF met with Biden’s senior advisors 2 months before FTX collapse: Report “ Former FTX CEO Sam Bankman-Fried met with government officials at the White House on at least four separate occasions in 2022, and reportedly a meeting just two months before the fall of his crypto empire. Most of the meetings were disclosed…
” The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen “ It’s been a turbulent year for the cryptocurrency industry — market prices have taken a huge dip, crypto giants have collapsed and billions have been stolen in crypto exploits and hacks. It was not even halfway through October when Chainalysis declared…