Binance CEO Laughs at Crypto Skeptic Jim Cramer As BTC Crosses $20K
Changpeng Zhao, the CEO of Binance, the largest crypto exchange, pokes fun at the staunch crypto skeptic Jim Cramer, who often asked crypto investors to sell their Bitcoin holdings at a loss.
SBF’s Substack：FTX Pre-Mortem Overview
In mid November, FTX International became effectively insolvent. The FTX saga, at the end of the day, is somewhere between that of Voyager and Celsius.
Ex-President of FTX US Says Relationship With SBF Reached ‘Total Deterioration’
Brett Harrison, former president of FTX US, shared his experience at the company and working with Sam Bankman-Fried — and ultimately why he left his so-called "dream job."
Ethereum Blasts Past $1,500 Erasing Losses Due to FTX’s Collapse
Ethereum’s gains in the last week have seen it blast past the $1,500 resistance area and erasing most of its losses due to FTX’s collapse in November.
DOJ Objects to FTX’s Choice of Lawyers, Citing Conflict of Interest
The U.S. Trustee has voiced objections to FTX hiring New York law firm Sullivan and Cromwell, claiming potential conflicts of interest due to its previous extensive, in a Jan. 13 legal filing.
Sam Bankman-Fried Ordered $65B ‘Secret Backdoor Line of Credit,’ Lawyer Says
Sam Bankman-Fried ordered the co-founder of his cryptocurrency exchange FTX to create a “secret” backdoor that allowed his hedge fund Alameda Research to borrow $65 billion of clients’ money without their permission, according to testimony over the firm’s implosion.
Crypto Bankruptcies Are Very Complicated
The FTX, Voyager, Celsius and BlockFi bankruptcy proceedings are proving how complicated they really are.
SkyBridge Capital Can Buy Back FTX Stake This Year, Alleges SBF ‘Committed Fraud’
SkyBridge Capital can buy back the stake it sold to collapsed cryptocurrency exchange FTX but the issue will likely take months to resolve, the investment firm’s founder Anthony Scaramucci told CNBC Friday,
Media Power Group Files Request To Reveal SBF’s Secret Bail Signatories
A collection of news media giants requested that the court handling fallen crypto mogul Sam Bankman-Fried’s criminal case reveal who, other than his parents, signed his $250 million bail bond.
SBF Breaks Silence During Home Arrest; Gives Details on FTX (In)solvency
Sam Bankman-Fried (SBF) has released a written statement detailing his account of FTX and Alameda Research’s collapse, including approximations of each firm’s financials before it took place.
SBF Claims ‘No Funds Were Stolen,’ Blames CZ for Collapse in Detailed Report on FTX Collapse
Sam Bankman-Fried (SBF) claims no funds were stolen and blames targeted attack on Alameda as cause of collapse.
SBF Believes FTX Can Recover if Sold as a Going Concern
Sam Bankman-Fried confirmed that he still believes there is a future for FTX in a tweet reply to Twitter user WassieLawyer.
Unemployed and Under House Arrest, Sam Bankman-Fried Faces Enormous Legal Bills
Disgraced FTX founder Sam Bankman-Fried has an expensive year ahead of him. Unemployed, under house arrest and stripped of his Robinhood shares, his options for funding his defense are limited.
Why Is Sam Bankman-Fried Hiding FTX’s Client Names?
In response to objections raised by leading media organizations, FTX has requested that its customer names be kept confidential for a period of at least six months. The now-defunct exchange has indicated that it may seek additional extensions, although this will be subject to assessment by the court.
Sam Bankman-Fried’s FTX Empire Ties With VC Firms Under Probe
Sam Bankman-Fried, the co-founder and former CEO of FTX, invested over 20 million USD in a venture capital firm, Paradigm, that later bought a stake in FTX, revealed the court filings.
Bitcoin CME Futures Draw Premium for the First Time Since FTX's Collapse
The three-month bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME), widely considered a proxy for institutional activity, are drawing a premium over the the cryptocurrency's going spot market price for the first time since FTX went bust.
USDC Transfer Volume Hit 5X USDT’s in Fallout From FTX Collapse
Stablecoin USD Coin (USDC) has grown in popularity since the collapse of FTX and now frequently reaches daily transfer volumes four to five times that recorded by major competitor Tether (USDT) according to data from blockchain analytics firm Glassnode.
FTX Former Lead Engineer in Talks With Federal Prosecutors in Bankman-Fried Case
As the investigation into FTX continues, the crypto exchange’s former engineering chief Nishad Singh followed former FTX and Alameda Research executives Gary Wang and Caroline Ellison by reportedly meeting with federal prosecutors to cut a deal.
The Curious Case of CZ’s Binance – Crypto Giant Loses $12 Billion! Unfolding the Truth
Forbes has reported that despite the recovery in the cryptocurrency markets following the collapse of the FTX exchange, the situation with Binance withdrawals has not yet stabilized. The report shed light on the current situation of Binance and revealed that the crypto giant lost $12 billion in assets as a result of users continuing to withdraw money from the exchange. In the past, Binance has asserted that it has no debt and that user assets were always fully supported.
SBF Claims Himself Not Guilty, Faces Up to 115 Years in Jail: Law Decoded, Jan. 2–9
Former FTX CEO Sam Bankman-Fried has pled not guilty to all criminal charges he’s facing, including wire fraud, securities fraud and violations of campaign finance laws. In total, the entrepreneur faces eight criminal counts, which could result in 115 years in prison should he be convicted. Meanwhile, Daniel Friedberg, the controversial lawyer who served as top compliance chief at FTX, has reportedly cooperated with prosecutors and provided them with his knowledge of SBF’s use of customer funds to finance his illegal business scheme.
