FTX Collapse Put the Singapore Government in a Parliamentary Hot Seat
The collapse of now-bankrupt cryptocurrency exchange FTX has put the Singapore prime minister and the ruling government in a hot seat. Prime minister Lee Hsien Loong and deputy prime minister Lawrence Wong are set to face grilling questions for their failure to protect retail investors.
Bahamas Attorney General Reveals Active Civil and Criminal Investigations Against FTX
Bahamian Attorney General Ryan Pinder released a statement earlier today to address the situation with bankrupt crypto exchange FTX, which was headquartered in the island nation.
FTX Collapse Drives Curiosity Around Sam Bankman-Fried, Google Data Shows
The fall of FTX seemingly had the biggest impact on the crypto ecosystem as Google searches for the CEO Sam Bankman-Fried (SBF) hit the roof over in November 2022. Some of the biggest drivers for this trend include mainstream media attention, colossal losses and political ties.
BlockFi Used FTX Funds To Pay SEC Fines? Inquiries Ripple Counsel
Sam Bankman-Fried (SBF) led the FTX crash has impacted the crypto market in the worst way possible. Crypto lender BlockFi is reportedly preparing for bankruptcy filing due to its extensive exposure to FTX. However, Ripple Counsel has raised some crucial questions over the FTX-BlockFi connection and its U.S. SEC settlement.
Kevin O’Leary Mocks BitBoy Hunt for SBF, Starts Twitter Fight
Billionaire investor Kevin O’Leary and crypto personality BitBoy are engaging in a public spat that is taking over social media. The former mocked BitBoy’s hunt for former FTX CEO Sam Bankman-Fried in the Bahamas. BitBoy has flown to the Bahamas to interrogate Bankman-Fried in a quest that the majority of the crypto community finds entertaining.
Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed
$142.4M (69.8% of the total) was sent to wallets owned by FTX International, suggesting that Alameda may have been operating to bridge between the two entities.
Bitcoin Holders With Less Than 1 Bitcoin Add 96K BTC Since FTX Collapse
Glassnode Data Shows That FTX Collapse Left Bitcoin Holders Unfazed.
The Bahamas Will Not Share Information on FTX Probe: Attorney General
The FTX debacle shook the priorities of the Bahamian authorities. The country's attorney general, Ryan Pinder, has defeated the actions of the "nation of laws" against the collapsed cryptocurrency exchange.
Bahamian Attorney General Insists FTX Is the Subject of an 'Active and Ongoing Investigation'
The troubled and now-bankrupt crypto exchange FTX is the subject of “an active and ongoing investigation,” Bahamian attorney general Ryan Pinder told the press on Sunday. Pinder also stressed that putting the blame on the Bahamas “because FTX is headquartered here would be a gross oversimplification of reality.” (Bitcoin.com)
FTX Fall Was ‘Incredibly Damaging,’ Crypto Must Foster Real Utility: Ripple Policy Lead
Ripple’s APAC Policy Director has described the fall of FTX as “incredibly damaging” for the crypto space, but says the industry should stand the test of time if its focus shifts towards building “real utility.”
