Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions
FTX invested $11.5 million in the parent company of Farmington State Bank. This bank only has one branch and three employees.
FTX invested $11.5 million in the parent company of Farmington State Bank. This bank only has one branch and three employees.
FTX exchange has fired three of its prime executives, together with co-founder Gary Wang, the Wall Avenue Journal reported on Friday, citing an FTX spokeswoman.
The fall of FTX and her sister company Alameda has caused devastation throughout the crypto market without excluding the team behind this catastrophe.
A list of organizations having exposure to FTX and Alameda Research started to become viral on Twitter. Their liabilities range from $10bn to $50bn.
The SEC claims they are looking into possible securities breaches involving FTX, FTX US, and founder and CEO Sam Bankman-Fried.
Reports: At least $4 billion in FTX money were allocated by SBF to support Alameda. These FTX funds included certain consumer deposits. Read CNL for more.
According to current data, FTX’s own centrally managed and created out-of-thin-air token really makes up the bulk of the net equity in the Alameda firm.
BitDAO to use the community’s voting rights if Alameda fails to prove that they still hold promised BIT tokens. Read CNL.
As rumors of financial trouble for FTX and Alameda Research spread, the CEO of Binance and the co-founder of FTX openly disputed. Read CNL for more.
Two strange addresses affiliated with Alameda Research withdrew $80 million at the last minute before Solend IDO ended.
Alameda to Repay $200 Million in Crypto to Bankrupt Voyager. Sam Bankman-Fried is a crypto billionaire and well-known figure in the trading sector. Even…
Voyager Digital Holdings rejected Alameda FTX take over proposal. The firm filed a rejection letter stating that Alameda FTX’s proposal was misleading and could…