The Tether Typhoon is About to Make Landfall (Or Not)
The tango with Tether is about to come to an abrupt halt, not because Tether isn’t fully backed, that’s not the right question, but because it’s backed by the wrong sort of dollars.
Sam Bankman-Fried Ghosts Senate for Testimony on FTX Collapse
Former FTX CEO Sam Bankman-Fried and his attorney did not respond to the Senate Banking Committee's demand that he testify or otherwise cooperate with an investigation into his failed corporate empire.
FTX-Hosted NFTs Point to Broken Metadata, Issue Illuminates Flaws Tied to Centralized Clouds
On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata, and the links now point to FTX’s restructuring website. Specific collections that were minted on the Solana blockchain via the FTX US NFT platform do not show the NFT’s imagery and marketplace listings on the Coachella NFT marketplace have disappeared.
NFT Sales Plummet to 16-Month Low After FTX Blowup
Weeks after the exchange’s collapse, NFT volumes have plummeted to a 16-month low.
The Untold Story of the Fall of the Sam Bankman-Fried’s FTX Empire
The collapse of FTX caused 1 million victims. A tragedy that contrasts with the extraordinary daily life of its employees and its founder.
Here’s How Much Kevin O’Leary Got Paid $15 Million to Promote FTX
In conversation with <a href="https://twitter.com/ODELL/status/1600904916641681409" target="_blank">CNBC</a> on Thursday, O’Leary was asked how much he was paid for the promotion, O’Leary said the deal worth roughly $15 million in total. That included funds for various agents he needed to pay, and $9.7 million in crypto investments, and $1 million in the company’s equity.
Newlywed Retail Investors Lose Funds in FTX Exchange a Day After Their Wedding
While it’s undeniable that companies were significantly <a href="https://cointelegraph.com/news/the-ftx-contagion-which-companies-were-affected-by-the-ftx-collapse">affected by the FTX debacle</a>, retail investors like Jaime Zulueta – who recently just got married – also bore the burden of trusting a trading platform that ended up collapsing to oblivion.
VC Bull Kevin O’Leary Claims He Can’t Call SBF Guilty Unless He’s Tried
Regarding the recent news surrounding the FTX collapse and its founder, SBF’s Capitol Hill call — <a href="https://coingape.com/tag/kevin-oleary/">Kevin O’Leary</a> of the Shark Tank fame, called for calm on a talk show on December 8. Kevin appeared to be headfast on the fact that, it was incorrect to call the ex-CEO of FTX, Sam Bankman-Fried (SBF) guilty unless the U.S. authorities and judiciary system first tried him.
Do Kwon Accuses FTX Founder of Manipulating Terra (LUNA) and UST Prices
Terra founder Do Kwon accused FTX’s Sam Bankman-Fried of shorting BTC to handicap the Luna Foundation Guard’s reserves, citing that Alameda has a record of borrowing lump sums in BTC on the de-peg dates of the algorithm-based stablecoin, formerly called UST.
FTX New CEO With Bankruptcy Lawyers Meeting Federal Prosecutors in New York
FTX Latest News: According to reports, FTX new CEO John Ray had along with bankruptcy lawyers met with Manhattan federal prosecutors investigating the <a href="https://coingape.com/tag/ftx/">FTX</a> collapse. The prosecutors are also looking into allegations that FTX misused customer funds and lost billions or dollars. In a different investigation, the US SEC is also looking into allegations of misuse of user funds by FTX US. It is said that the meeting took place on Thursday in New York. Reports also indicated that the prosecutors were looking into whether FTX misappropriated customer funds for trades.
