US Department of Justice Begins Probing the $372M FTX Hack
The United States Department of Justice (DOJ) has initiated an inquiry to investigate the likely cause of the hack that happened in the insolvent FTX...
Tag : FTX
SEC Intensifies Probe of Crypto Firms Proof-of-Reserve Reports
The United States Securities and Exchange Commission (SEC) has revealed it is looking deeper into the financial statements of crypto firms because the agency is...
Sam Bankman-Fried Freed on $250M Bail Amid FTX Fraud Hearing
Sam Bankman-Fried, the former CEO of the insolvent FTX Derivatives Exchange who was previously denied bail earlier in the month in the Bahamas has now...
Caroline Ellison and Gary Wang Pleads Guilty to Fraud at FTX
Sam Bankman-Fried’s court case seems to be moving quickly as there is yet another revelation in the proceedings. Two former co-workers and executives of Bankman-Fried...
FTX Seeks Court Approval to Sell Some of its Businesses
The defunct FTX Exchange has filed a court request seeking permission to sell some of its independent subsidiaries. The bankrupt firm stated in a Delaware...
FTX Bahamas CEO Ryan Salame Exposes SBF to Bahamian Regulators
Ryan Salame, the CEO of the Bahamas offshoot of the bankrupt FTX Exchange has been reported to be the one that tipped off Sam Bankman-Fried’s...
Kevin O’Leary Shares Details of His Dealings with FTX
Kevin O’Leary, a Canadian businessman, and media personality has discussed the details of his appointment and investments with the defunct FTX exchange in an interview...
Goldman Sachs is Looking at Investing in Discount Crypto Businesses
Goldman Sachs Group, Inc., an investment banking firm, said it is aiming to invest funds in crypto businesses following the FTX debacle....
Genesis Owes its Creditors Debt Worth $1.8M
Genesis, a renowned crypto lending and custody service that recently halted consumer withdrawals, has been alleged to owe its debtors more than $1.8 million according...
Swiss Crypto Firm Seba Bank Expands its Reach to Hong Kong
Seba Bank, a cryptocurrency bank established in Switzerland that offers professional and institutional clients a bridge between digital and traditional assets, announced the opening of...