New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business
According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J. Ray III, recently told members of the U.S. Congress that Joseph Bankman and “the family certainly received payments” from FTX.
FTX Collapse Rekindled Security and Reliability Concerns for Web3 Projects, Says Marketing Expert
After initially starting the year focused on community management and the public’s perception, the fallout from FTX’s collapse caused many Web3 brands and projects to switch to arguing for their legitimacy and reputation, Web3 marketing agency founder Laura K. Inamedinova has said. She added that even in cases where there is no direct connection with FTX, Web3 entrepreneurs now feel compelled to address concerns about the security and reliability of their projects.
FTX Japan to Be Sold, Final Bid Deadline March 15 2023
FTX Japan Holdings was acquired in April 2022 by FTX Trading, which continues to directly own 100% of the equity interests.
Acala’s Journey in Review & The Road Ahead in 2023
2022 brought a tumultuous run of black swan events ranging from Terra to Three Arrows to macro market recession to FTX’s historic fraud.
FTX Foundation Might Be Funded With SBF’s Embezzled Money, Website No Longer Available
Before the cryptocurrency exchange, FTX collapsed, it had set up a charity arm called FTX Foundation. The foundation’s website <a href="http://ftxfoundation.org/">ftxfoundation.org</a> is no longer available.
5 Good Takeaways From a Bad Crypto Year
Bear markets are a time for investors to reassess their goals and strategies, and to learn more about the cryptocurrency industry.
US Senator: Cryptocurrency Cannot Be Stopped, FTX Collapse Isn’t an Indictment of Crypto
U.S. Senator Pat Toomey says illegal actions by crypto exchange FTX must be separated “from perfectly lawful and innovative cryptocurrencies.”
Ripple Lawyer Urges FTX Venture Investors to Challenge SEC
General Counsel of Ripple stated that Kevin and all other FTX venture investors should challenge the SEC. They should demand that the SEC should stop spending taxpayer money on its tag along case against SBF.
SBF Said He ‘Doesn’t Give a Sh*t’ About His Legacy 2 Months Before FTX Collapse
In an interview with CNBC on September 16 (FTX filed for bankruptcy on November 11, 2022), Bankman-Fried noted that he does not care about his legacy in the crypto space, maintaining his primary focus was on creating impact.
SEC Was “Asleep at the Wheel” About FTX – US Rep. Sessions
The Securities and Exchange Commission (SEC) was "asleep at the wheel" regarding how FTX Group and its subsidiaries met financial and corporate control requirements, Representative Pete Sessions said in the Saturday Report on December 17.
