FTX

Sam Bankman-Fried Sold $300M Stake in FTX in October 2021 
Sam Bankman-Fried Sold $300M Stake in FTX in October 2021 
November 18, 2022  |  Cryptocurrency

When FTX raised $420 million from investors in October 2021, $300 million of that amount reportedly went to the cryptocurrency exchange’s then-CEO Sam Bankman-Fried.  The...

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House Committee to Investigate FTX Collapse, Requests Company Documents
House Committee to Investigate FTX Collapse, Requests Company Documents
November 18, 2022  |  Cryptocurrency

Raja Krishnamoorthi, chairman of the House Oversight Committee’s Subcommittee on Economic and Consumer Policy, has requested FTX turn over documents and information as part of...

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Hong Kong’s Genesis Block Stops Trading and Will Close OTC Portal 
Hong Kong’s Genesis Block Stops Trading and Will Close OTC Portal 
November 18, 2022  |  Cryptocurrency

Hong Kong-based cryptocurrency retail service provider Genesis Block has reportedly ceased trading, asked its customers to withdraw their funds and told them it would close its over-the-counter...

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Revolut Reassures Customers After FTX Collapse
Revolut Reassures Customers After FTX Collapse
November 18, 2022  |  Cryptocurrency

Around the world, FinTechs that enable their customers to invest or trade in crypto assets are reassuring their customers after cryptocurrency exchange FTX filed for...

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Huize’s 40% Rally Leads FinTech IPO Index into Shortened Holiday Week
Huize’s 40% Rally Leads FinTech IPO Index into Shortened Holiday Week
November 18, 2022  |  IPO

Not everything was about crypto-land these past several days in the tech space.  Of course, you’d be hard-pressed to think that anything happened other than...

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SBF’s ‘Big Dumb Game’ Leaves ‘Worse than Enron’ Cleanup For CEO
SBF’s ‘Big Dumb Game’ Leaves ‘Worse than Enron’ Cleanup For CEO
November 17, 2022  |  Cryptocurrency

By most accounts, Sam Bankman-Fried (SBF), the ex-CEO of what only weeks ago was the third largest crypto exchange in the world, has precipitated a...

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UC Berkeley Cancels FTX Stadium Naming Partnership
UC Berkeley Cancels FTX Stadium Naming Partnership
November 17, 2022  |  Cryptocurrency

The FTX name will have been attached to the University of California Berkeley’s football stadium for less than two years — rather than the 10...

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Will Defi’s Stablecoin Dependence Prove Deadly?
Will Defi’s Stablecoin Dependence Prove Deadly?
November 17, 2022  |  Blockchain

The collapse of FTX raises some existential questions: Not just about that company, not just about cryptocurrencies, but of decentralized finance (DeFi) as well. At...

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Alameda Research Made Loans to Sam Bankman-Fried and FTX Execs 
Alameda Research Made Loans to Sam Bankman-Fried and FTX Execs 
November 17, 2022  |  Cryptocurrency

FTX-affiliated trading firm Alameda Research reportedly made $4.1 billion in combined loans to “related parties,” with the majority going to then-FTX CEO Sam Bankman-Fried, one...

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