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” We could use crypto regulation — but let’s start with basic definitions “ As a crypto CEO, I know how often our sector is misunderstood and criticized. Sometimes, the criticism is deserved because we have not always done our part to shine a light on the utility and use cases powering positive change. But…
” DEX token GMX rallies 35% after beating Uniswap on trading fees for the first time “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go…
“Parents’ $16.4M Bahamas home meant for FTX staff” Sam Bankman-Fried claimed he didn’t know how a $16.4 million Bahamas mansion got listed under his parents’ names, insisting that it was meant to house staffers at his now-defunct FTX cryptocurrency exchange. “I don’t know the details of the house for my parents,” Bankman-Fried told the New…
“Sam Bankman-Fried rejects Bernie Madoff comparison, squirms during tense interview” Disgraced FTX founder Sam Bankman-Fried pushed back on critics who have compared him to the late Ponzi schemer Bernie Madoff, even as he deflected questions over whether he might be headed to jail. The 30-year-old former crypto kingpin claimed during a Thursday interview with ABC’s…
” CFTC chief says Bitcoin is the only commodity in the wake of FTX collapse “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to…
” BlackRock CEO: FTX Token caused downfall, but tech still revolutionary “ The CEO of the worlds largest asset management firm, BlackRock, believes that the reason why FTX failed is because it created its own FTX Token (FTT), which was centralized and therefore at odds with the “whole foundation of what crypto is.” Larry Fink,…
” Legal professionals astonished as SBF admits failures, apologizes 12 times in interview “ Former FTX CEO Sam Bankman-Fried apologized or admitted failure at least 12 times during his appearance at the New York Times’ DealBook Summit on Nov. 30. In a wide-ranging video interview, Bankman-Fried was asked to answer a number of questions surrounding…
“‘Didn’t ever try to commit fraud’” Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestion of fraud in his first public appearance since his company’s collapse stunned investors and left creditors facing losses totaling billions of dollars. Speaking at the New York Times’ Dealbook Summit with Andrew…
” Bankman-Fried claims: ‘I unknowingly commingled funds’ at DealBook Summit “ Former FTX CEO Sam Bankman-Fried has claimed to have “unknowingly commingled funds” between Alameda and customer funds at FTX. Bankman-Fried was speaking at the New York Times’ DealBook Summit via video conference on Nov. 30, in which journalist Andrew Sorkin noted “there appears to…
” Sen. Warren: Biden administration worked to stop crypto being ‘dangerously intertwined’ with banks “ Referring to the events surrounding the collapse of FTX as “a handful of magic beans”, Massachusetts Senator Elizabeth Warren seemed to frame the “contagion” spreading through the crypto space as a partisan issue. Speaking at a Senate Banking Committee nomination…