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Zero Edge

FTX Crypto Fraudsters Targeted Poor Black Neighborhoods In PR-Lobbying Effort

December 7, 2022 Mariel Alumit

Authored by Michael Shellenberger via Substack, Father of FTX CEO, Stanford Professor Joseph Bankman, oversaw intertwined philanthropic and regulatory efforts… In the spring of 2022, Sam Bankman-Fried, the founder of the bankrupt crypto exchange FTX, […]

Crypto

Gemini Crypto Exchange Out $900 Million From Genesis FTX Loss The Daily Financial Trends

December 5, 2022 Mariel Alumit

Customers of the Winklevoss Twin’s crypto exchange are short $900 million, which the crypto-broker Genesis is unable to pay back to them, according to a new report in the Financial Times. Gemini is now attempting […]

Crypto

BlackRock’s Larry Fink Says More Crypto Companies Will Go Down Due To FTX

December 4, 2022 Mariel Alumit

At the New York Times DealBook summit, BlackRock chief executive Larry Fink warned that more cryptocurrency companies may go down in the wake of the collapse of the FTX cryptocurrency exchange. Blackrock is one of […]

FTX
Zero Edge

Prosecutors, SEC Squeeze FTX Associates For Information

December 2, 2022 Stu Turley

While FTX founder Sam Bankman-Fried continues to make lawyers cringe every time he opens his mouth, US authorities are seeking information from investors and trading firms that worked closely with the company.   According to […]

FTX
Finance

FTX CEO Claims He Did Not Commit Fraud The Daily Financial Trends

December 2, 2022 Mariel Alumit

Sam Bankman-Fried, the former CEO of collapsed cryptocurrency exchange FTX, said on Wednesday that he never intended to commit fraud at his cryptocurrency exchange, ascribing the billions which are missing to him having a “bad […]

Finance

A Grand Unified Theory Of The FTX Disaster

November 27, 2022 Mariel Alumit

Authored by Mathew Crawford via ‘Rounding The Earth’ Substack, Where the ‘wars’ intersect… “No matter what political reasons are given for the war, the underlying reason is always economic.” – A. J. P. Taylor This […]

Finance

Thoughts On A Crypto Crisis

November 27, 2022 Mariel Alumit

  If you’ve never seen the movie “There Will Be Blood” starring Daniel Day Lewis, then now might be a good time. Based loosely on an Upton Sinclair novel that satirizes the early days of […]

FTX
Crypto

Post-FTX Regulatory Crackdown Will Erode Liberties, Accelerate Path To CBDC ‘Social Engineering’

November 25, 2022 Mariel Alumit

Authored by Michael Washburn via The Epoch Times (emphasis ours), The collapse of cryptocurrency exchange FTX, and the worldwide outcry over the billions of dollars wiped off the platform, are likely to trigger a massive […]

Crypto

Incoming GOP Congressman Fears Democrats Will Downplay FTX Scandal, Calls for ‘Thorough’ Investigation

November 24, 2022 Mariel Alumit

Authored by John Ransom via The Epoch Times (emphasis ours), A newly-elected GOP representative from New York said that he worries that Democrats will try to downplay potential campaign finance and securities law violations by […]

Bitcoin-prices - ENB
Bankruptcy

Core Scientific Bitcoin Miner Hit By Energy Costs And Decline In BTC

November 24, 2022 Mariel Alumit

The world’s biggest publicly listed bitcoin miner by computing power, Core Scientific (CORZ), announced that it may run out of money before year’s end. At the end of October, the company had $32.2 million in […]

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