Crypto.com Balance Sheet is Strong: CEO
The CEO of Crypto.com asserted that the company would disprove any claims that the platform is in jeopardy, and that it has a strong balance sheet. Read CNL.
The CEO of Crypto.com asserted that the company would disprove any claims that the platform is in jeopardy, and that it has a strong balance sheet. Read CNL.
Sam Bankman-Fried, the founder of FTX, allegedly covertly transferred $10 billion to an Alameda trading business on Friday night via a software “backdoor.”
Huobi reveals a transparency report to boost user confidence. Recently, the exchange holds an estimated $3.5 billion. Read CNL
Late on Friday, more than $600 million in cryptocurrency vanished from the wallets of the bankrupt cryptocurrency corporation FTX
FTX begins moving funds amidst bankruptcy filing. Various wallets with 83,878.63 ETH linked to FTX in question. Read CNL to learn more.
Miami Heat’s home court arena, called “FTX Arena,” will get a new name after hearing “extremely disappointing” news regarding FTX.
A list of organizations having exposure to FTX and Alameda Research started to become viral on Twitter. Their liabilities range from $10bn to $50bn.
With Sam Bankman-Fried stepping down as CEO, FTX, the second-largest cryptocurrency exchange in the world, has filed for bankruptcy protection in the US.
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.
Justin Sun, the founder of Tron, has attracted investors’ attention by acting after the acquisition between Binance and FTX fell through. Read CNL.
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.