Investment Bank CEO Tried Warning SBF About FTX’s Potential Collapse Earlier This Year
Investment banking company Jefferies Group’s CEO, Richard “Rich” Handler, took to Twitter to reveal that he unsuccessfully tried to get in touch with FTX CEO Sam Bankman-Fried earlier this year when the latter was offering bailouts to several troubled firms.
Tether Freezes Over $46M of FTX's USDT
Centralized stablecoin issuer Tether has frozen funds belonging to FTX.
FTX Approaches Kraken for Potential Rescue Deal
FTX has approached U.S.-based crypto exchange Kraken about a potential rescue deal, Axios reported, citing two people familiar with the matter.
FTX Japan Ordered by Regulator to Suspend Operations Following Withdrawal Halt
Japan's Financial Services agency has ordered the local arm of Sam Bankman-Fried's crypto exchange to halt operations until December and put together a "business improvement plan."
Alameda Research Is Shutting Down, Sam Bankman-Fried Has Confirmed
FTX CEO SBF Says Sorry,Alameda Research is winding down its operations.
Bankman-Fried Apologizes, Says FTX Has More Assets than Client Deposits
FTX CEO Sam Bankman-Fried apologized on Twitter after his crypto exchange collapsed.
Binance’s Total market Value Accounts Nearly $69 Billion
Binance, the leading crypto exchange recently called off its partnership deal with bankrupt FTX after the firm learnt that FTX has mishandled its customer funds and alleged US agency’s investigations.
FTX Crisis: Justin Sun’s Algorithmic Stablecoin USDD Depegs
Tron founder Justin Sun looks to work on a “wholistic solution” to save FTX from the liquidity crunch.
Galaxy Digital Reveals $76.8M FTX Exposure after Reporting Q3 Loss
Crypto financial services firm Galaxy Digital (GLXY.TO) said it has a $76.8 million exposure to troubled FTX when it reported its $68.1 million third-quarter loss on Wednesday.
FTX—Destroying Trust in What Is Supposed To Be Trustless
This episode may result in further ramifications for the wider cryptocurrency market.