U.S. Regulator Probes FTX Over Handling of Client Funds
The U.S. securities regulator is investigating crypto exchange FTX.com's handling of customer funds amid a liquidity crunch, as well its crypto-lending activities, a source with knowledge of the inquiry said on Wednesday.
FTX’s Bankruptcy Process Appears to Be Starting
FTX's bankruptcy process appears to be starting as funds from both international and US wallets are being sent to 0x59abf3837fa962d6853b4cc0a19513aa031fd32b
SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse — Says This Field Is 'Significantly Non-Compliant'
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined two paths the agency is taking to regulate the crypto industry.
Star Atlas Cash Runway Sliced in Half by FTX Catastrophe
Solana-based gaming metaverse Star Atlas saw its cash runway cut in half after the collapse of crypto exchange FTX, its CEO said on <a target="_blank" href="https://twitter.com/at_mwagner/status/1591178746085527552">Twitter</a>.
Ethereum Founder Breaks Silence on FTX Debacle, Says ‘Fraud Cuts Deeper'
Ethereum founder Vitalik Buterin made his first direct <a href="https://twitter.com/vitalikbuterin/status/1591184394987139072?s=46&t=YNXipLj1VDhmYUfvteTwkw">comments</a> on FTX's spectacular collapse late Friday, accusing former FTX CEO Sam Bankman-Fried of "virtue signaling."
Miami HEAT Arena Balks at FTX Naming Rights, Ending 19-Year Deal Early
Mere hours after FTX filed for bankruptcy, the Miami HEAT and Miami-Dade County issued a joint statement announcing they were cutting ties with the now-disgraced Bahamas-based crypto exchange – effective immediately.
FTX Withdraws Big Plan to Overhaul How Crypto Derivatives Trade
FTX's derivatives wing withdrew a proposed plan to directly settle crypto derivatives products from the Commodity Futures Trading Commission (CFTC) on Friday, Bloomberg reported citing a person familiar with the matter.
Amy Wu Resigns From FTX Ventures as SBF's Crypto Empire Unravels
Amy Wu, a former partner at Lightspeed Venture Partners that joined FTX in January to launch a $2 billion venture fund, resigned on Thursday, after the Lehman Brothers–style collapse of the crypto exchange this week left its VC arm in shambles.
Coinbase to Write off Investment That Its Ventures Arm Made in FTX
(Reuters) - Coinbase Global Inc will write off the investment its ventures arm made in cryptocurrency exchange FTX in 2021, according to a person familiar with the matter.
Justin Sun Moved $6M Stablecoins From TrueFi Lending Pools Before FTX Bankruptcy
Justin Sun, founder of the Tron network and a one-time, potential savior of the insolvent crypto exchange FTX, moved $6.1 million in stablecoins from decentralized lending protocol TrueFi, which is among companies weighted down by FTX sister company Alameda Research's debts.
