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“How World Economic Forum, others are hiding past ties with FTX” The shocking implosion of the FTX crypto exchange has become an embarrassment for a who’s who among global elites, with some issuing mea culpas — and others apparently scrambling to hide their ties to its disgraced, 30-year-old founder Sam Bankman-Fried. Web archive sites show…
“Meet Caroline Ellison, Sam Bankman-Fried’s rumored ex-girlfriend” Caroline Ellison — the 28-year-old CEO of doomed crypto firm Alameda Research — is facing scrutiny not only over the firm’s multibillion-dollar meltdown, but also over rumors that she’s the ex-girlfriend of disgraced FTX founder Sam Bankman-Fried. Ellison and Bankman-Fried were part of “cabal of roommates” based in…
” US lawmaker blames ‘billionaire crypto bros’ for delayed legislation “ United States congressman Brad Sherman, a known crypto skeptic, has pointed the finger at “billionaire crypto bros” for slowing down much-needed cryptocurrency regulation. In a Nov. 13 statement addressing the collapse of crypto exchange FTX, Sherman said the exchange’s implosion has demonstrated the need…
” CZ and Saylor urge for crypto self-custody amid increasing uncertainty “ Industry heavyweights have urged crypto investors and traders to self-custody their crypto assets amid the significant market uncertainty brought on by the collapse of FTX. In a Nov. 13 tweet to his 7.6 million followers, Binance CEO Changpeng “CZ” Zhao pushed the crypto…
” FTX under investigation in the Bahamas for criminal misconduct – Report “ An investigation of possible criminal misconduct over the insolvency of cryptocurrency exchange FTX is underway by financial investigators and the Bahamas securities regulators, according to a statement by the Royal Bahamas Police Force sent to Reuters on Nov 13. The Royal Bahamas…
” Vitalik Buterin calls out FTX for virtue signaling: ‘deserves what its getting’ “ The sudden fall of FTX revealed the need for fresh reforms aimed at protecting investor funds against manipulation and misdirections. The co-founder of Ethereum, Vitalik Buterin, believes what FTX did was a bigger fraud when compared to the infamous Mt. Gox…
” Sam Bankman-Fried is ‘under supervision’ in Bahamas, looking to flee to Dubai “ FTX former CEO Sam Bankman-Fried, co-founder Gary Wang and director of engineering Nishad Singh are understood to be in the Bahamas and are “under supervision” by the local authorities. The source familiar with the matter told Cointelegraph that the three former…
” Sam Bankman-Fried denies rumors that he fled to Argentina “ FTX founder Sam Bankman-Fried has denied speculation that he’s fled to Argentina as the saga surrounding his collapsed cryptocurrency exchange continued to unfold in near-real time on Twitter. In a text message to Reuters on Nov. 12, Bankman-Fried, who also goes by SBF, said…
” Binance CEO CZ on FTX crash: “We’ve been set back a few years” “ Crypto exchange FTX joined many other fallen projects — including Terra (LUNA), 3AC, Celsius and Voyager — in filing for bankruptcy in 2022. Owing to the devastation caused by multi-billion dollar losses suffered by businesses and investors, the man running…
” FTX funds on the move: bankruptcy proceedings, insider threat or a hack? “ The recent tensions between the two major crypto exchanges FTX and Binance, which was accompanied by a massive selloff of FTX Token (FTT), resulted in the collapse of roughly 130 companies linked to FTX Group — including FTX Trading, FTX US,…