FTX Lost Up to $2B in User Funds, $10B Sent to Alameda: Report
As the FTX saga drags into its second week, details of alleged mismanagement are starting to flood in — with more than a billion dollars in customer funds reportedly going missing even before the recent hack.
Citi: Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
There has been a clear weakening of the correlation between the S&P 500 equity index and bitcoin (BTC) as crypto markets suffer after the FTX and Alameda collapse, Citi (C) said in a research report last week.
Cardano Founder Charles Hoskinson Says More Damage Coming From FTX Contagion – New Regulation Coming?
Cardano founder Charles Hoskinson has warned investors that more pain is coming from the recent collapse of cryptocurrency exchange FTX. He also noted that the incident would attract more regulatory scrutiny.
FTX Bankrupt, Hacked, Investigated: A Timeline of Events
A rundown of major FTX events since Binance pulled out of its proposed buyout deal, leading to Bankman-Fried’s exchange going bankrupt
There Was No Cause to Add FTX to Investor Alert List Before Collapse, Singapore's MAS Says
A number of Twitter posts alleged crypto investors in Singapore had turned to Sam Bankman-Fried’s FTX over Binance after the latter withdrew its bid to get regulatory approval in the country last year and was placed on the regulator’s Investor Alert List (IAL).
Visa Terminates FTX Debit Card Program
The world’s largest payment processor – Visa – has terminated ties with FTX less than a month after introducing a new debit card program.
Morgan Stanley Says There Is Still Much Leverage in the Crypto Ecosystem
The collapse of FTX and Alameda has sparked another round of deleveraging in crypto markets, and that’s likely to spur more “crypto quantitative tightening,” Morgan Stanley (MS) said in a research report Friday.
Singapore regulator says FTX doesn't operate in the city-state
The Monetary Authority of Singapore, the city-state's central bank and financial regulator, clarified that FTX — which filed for Chapter 11 bankruptcy protection — does not operate in the country.
New Huo Technology unit gets $14M loan from ex-Huobi CEO Leon Li to cover client funds stuck on FTX
Hbit Limited, a fully owned subsidiary of New Huo Technology, has approximately $18.1 million worth of assets stuck on FTX, which filed for bankruptcy last week, according to Nov. 14 press release.
Japanese Government: We’ll Take ‘All Possible Measures’ to Help FTX Japan Customers
The Japanese government has vowed that it will do all it can to protect customers of FTX’s Japanese subsidiary, FTX Japan. But the exchange has announced that its clients’ funds are safe.
