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Crypto

Sam Bankman-Fried’s Parents Bought Bahamas “Vacation Home” Among $121 Million In FTX Property Purchases

November 22, 2022 Stu Turley

It turns out that it wasn’t just the “executives” running the show at FTX and Alameda who were enjoying the luxuries of owning mansion in the Bahamas… Sam Bankman-Fried’s parents were also among a group […]

FTX
Crypto

Highlights From First FTX Bankruptcy Hearing: “Substantial Amount” Of FTX Assets Stolen, “Dueling” Bahamas Liquidation Comes To A Head

November 22, 2022 Stu Turley

Today at 11am ET, the first FTX bankruptcy court hearing finally took place in Delaware bankruptcy court before Judge John Dorsey, the official start of what will be a long, complex and unprecedented chapter 11 […]

Crypto

FTX Reveals Top 50 Creditors Are Owed $3.1 Billion, Seeks To Keep Their Names Confidential

November 20, 2022 Mariel Alumit

Amid the frenzied scramble to divulge all of FTX’s dirty secrets, including where the fate of those $8 billion in stolen client funds which were handed over to Alameda ahead of the largest crypto exchange […]

Crypto

FTX Hacker Starts Dumping Massive Haul Of Ether Tokens

November 20, 2022 Mariel Alumit

Last weekend, we reported on the mysterious $662 million outflow of tokens that suddenly hit FTX. At the time, Nansen’s Alex Svanevik said, “It’s unclear exactly who’s making the transactions, but you wouldn’t expect to […]

Price
Crypto

Grayscale Bitcoin Trust Says It Won’t Confirm Its On-Chain Wallet Information Publicly

November 19, 2022 Mariel Alumit

Submitted by QTR’s Fringe Finance Amidst the heightened scrutiny on basically all structured crypto products following the blowup of FTX, many players in the crypto space are rushing to reassure their clients and the investing […]

Finance

Binance CEO Attacks FTX Founder As Psychopath – Just Look At His Date

November 19, 2022 Mariel Alumit

Binance CEO Changpeng Zhao has gone on the record accusing FTX CEO Sam Bankman-Fried of being a dangerous lunatic, after the FTX CEO threatened to expose information which would potentially damage the reputation of Binance’s […]

FTX
Crypto

‘This situation is unprecedented’: 10 crazy things detailed in FTX’s bankruptcy filing

November 18, 2022 Mariel Alumit

On Thursday, John Ray, III, the new CEO of FTX, dropped a long-awaited declaration in U.S. bankruptcy court, giving a sober assessment of the collapse of Sam Bankman-Fried’s crypto empire. The bankruptcy-court filing followed a […]

Finance

The COVID/Crypto Connection: The Grim Saga Of FTX and; Sam Bankman-Fried

November 18, 2022 Mariel Alumit

Authored by Jeffrey Tucker via The Brownstone Institute, A series of revealing texts and tweets by Sam Bankman-Fried, the disgraced CEO of FTX, the once high-flying but now belly-up crypto exchange, had the following to […]

FTX
Crypto

FTX Collapse Is Generating Liquidity Pressures At Other Crypto-Firms

November 18, 2022 Mariel Alumit

More cryptocurrency companies are coming under liquidity pressures, as the fallout from the FTX exchange’s collapse begins to spread. Presently Gemini, the exchange founded by the Winklevoss twins, is experiencing a rush on withdrawals. Blockchain […]

FTX
Aljazeera International

‘Complete failure of corporate controls’ at FTX, says new CEO

November 17, 2022 Mariel Alumit

New FTX CEO John Ray has said in a US court filing that there was flawed regulatory oversight and a lack of corporate control of the bankrupt crypto exchange founded by Sam Bankman-Fried. In the […]

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