Alameda Allegedly Traded These 18 Tokens on Insider Info Through FTX
Sam Bankman-Fried’s crypto trading firm Alameda Research used insider information to accumulate $60 million in tokens ahead of their eventual listing on FTX, Bankman-Fried’s crypto exchange, according to compliance firm Argus. And now we know which tokens Alameda cashed in on.
Thousands Petition for Congressional Investigation of Alleged SEC's Gensler–SBF Links
Almost 4,000 people have used a CryptoLaw petition app to demand that Congress investigate United States Securities and Exchange Commission head Gary Gensler’s “actions in the FTX fraud,” the organization <a href="https://twitter.com/cryptolawus/status/1592203835057094656" target="_blank">claimed</a> in a tweet on the morning of Nov. 14.
Sponsored by FTX — Why Influencer Accountability Matters
Influencers promoted FTX and now their audience has lost massive sums of money investing in crypto.
"Don't Write Off Everything SBF Did as Fraud", Says Ethereum Founder Vitalik
As a co-founder of Ethereum, Vitalik Buterin is one of the most prominent voices in crypto. He took to Twitter early Tuesday morning to urge his audience not to write off everything FTX’s departing CEO Sam Bankman-Fried did as a part of “the fraud.”
Tokens of Alameda-Backed DeFi Projects Maps.me and Oxygen Locked Up at FTX
Maps.me and Oxygen, two decentralized finance (DeFi) projects backed by Sam Bankman-Fried’s beleaguered Alameda Research, <a href="https://oxygenprotocol.medium.com/statement-re-ftx-group-cf3df9f2bf9" target="_blank">said in a statement</a> that over 95% of the overall supply of their ecosystem tokens are custodied at bankrupt crypto exchange FTX.
Crypto Lender BlockFi Prepares for Potential Bankruptcy After FTX Collapse
BlockFi yesterday acknowledged considerable exposure in the form of not just assets on the exchange but also additional obligations owed to BlockFi by FTX, especially an undrawn line of credit from FTX, despite refuting rumors earlier that the majority of its assets were stored in FTX exchange.
SBF Not Ready to Give Up, Looks to Raise Fresh Capital Despite Bankruptcy
Sam Bankman-Fried, the former leader of FTX, seems to still be looking for alternate funding sources in a dire attempt to resurrect his debt-ridden FTX crypto exchange. A few loyal members may still be trying to salvage the debris even though the exchange and its 134 associate companies filed for Chapter 11 bankruptcy protection last week, leaving the majority of staff without jobs.
Ape Foundation: We Do Not Hold Any Assets on FTX
In the latest tweet, ApeCoin [APE] revealed its status regarding the FTX episode. Reportedly, the Ape Foundation does not hold any assets on FTX. The treasury has been held in segregated custody accounts via Coinbase Custody.
Bahamas Regulator Appoints Accounting Firm PWC as Joint Provisional FTX Liquidator
Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC has been designated as provisional liquidator in the FTX investigation. The SCB detailed that “given the magnitude” of the events surrounding FTX, the Bahamas regulator recognized that it had to “move swiftly.” Essentially, provisional liquidators, unlike conventional liquidators, do not distribute funds as they are appointed to safeguard the bankrupt company’s remaining assets.
Crypto Lender Salt Halts Withdrawals and Deposits Citing FTX Impact
Crypto lending platform Salt paused withdrawals and deposits, according to a company email sent to customers.
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