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“Sam Bankman-Fried, Tom Brady scrub FTX tweets after crypto exchange meltdown” Tweets have been disappearing from Sam Bankman-Fried’s Twitter account — and those of ex-business partners including NFL legend Tom Brady — as the disgraced ex-boss of the FTX crypto exchange scrambles to address fallout from the platform’s collapse. The missing tweets include both old…
” FTX collapse was a ‘dumpster fire’, says US lawmaker announcing investigative hearing “ Members of the United States’ House Financial Services Committee have scheduled a December hearing aimed at exploring the collapse of crypto exchange FTX and “broader consequences for the digital asset ecosystem.” In a Nov. 16 announcement, the House committee said it…
“FTX shrink says execs were ‘undersexed,’ denies substance abuse” The in-house performance coach at FTX claimed Tuesday the doomed crypto firm’s headquarters in the Bahamas was a “pretty tame place” — despite rampant speculation about its executives’ sex lives and alleged substance use. Online gossip alleging the group lived in a “polycule” — or network…
” FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack “ The infamous Mt. Gox Bitcoin hack cost the same in U.S. dollar terms as FTX emptying its 20,000 BTC balance. <p>If FTX is sparking new Bitcoin (BTC) bear market lows, BTC price action has further to fall to match Mt. Gox….
” US reportedly considering Bankman-Fried extradition for questioning “ In the aftermath of the FTX exchange liquidity crisis and bankruptcy, the United States and Bahamian authorities are reportedly discussing the possibility of extraditing Sam Bankamn-Fried, former CEO of the company, back to the U.S. for questioning. According to a Bloomberg report citing people familiar with…
” FTX crisis could extend crypto winter to the end of 2023: Report “ The FTX crisis has deterred investor confidence and created a liquidity crisis in the crypto market, which could very well extend the crypto winter until the end of 2023, according to a new report. A research report from Coinbase analyzing the…
” Tim Draper still positive on $250K Bitcoin price prediction in 2023 “ Billionaire venture capitalist and serial blockchain investor Tim Draper is not giving up on his near-term Bitcoin (BTC) prediction despite the recent issues in the cryptocurrency industry. Draper continues to stick with his optimistic prediction that Bitcoin will hit $250,000 in 2023…
” Solana entities sold 50M tokens to FTX — How long will SOL price suffer? “ Solana (SOL) has lost 60% of its market value in a week due to its exposure to the now-defunct crypto exchange FTX, which could continue to haunt the “Ethereum killer” well into the future. FTX/Alameda exposure hurting Solana price FTX…
” FTX downfall was a turning point for citizen journalism: Coinbase CEO “ Coinbase CEO and co-founder Brian Armstrong have applauded the work of citizen journalists and blockchain analysts surrounding the unfolding FTX crisis and its former CEO Sam Bankman-Fried. In a Nov. 16 tweet that has been retweeted over 9,000 times at the time…
” Circle marks a possible $3B loss from Binance stablecoin conversions “ Circle, the company behind the issuance of USDC Coin (USDC) said recent events have caused it to miscalculate its financial projections — referring to the collapse of FTX and a decision by rival exchange Binance. In September, crypto exchange Binance announced it will auto-convert USDC…