Tag: Collapse
Sam Bankman-Fried Implied His Friends Lied About His Role in FTX’s Collapse
The first half of Friday's testimony was basically "A History of FTX, presented by Samuel Bankman-Fried." For those following the case over the past y [...]
Gold Price Steadies After Treasury Yields Collapse, Sinking USD. Where to for XAU/USD?
GOLD, XAU/USD, US Dollar, 10-Year Treasury Yield, Ackman, Gross, BTC - Talking PointsGold has struggled despite a softening in the US DollarTreasury y [...]
How African Students Became Victims of FTX’s Collapse
With exchanges like Binance still running ambassadorships in African countries, students have become increasingly skeptical of the programs, following [...]
Terraform Labs contends Citadel Securities had a hand in its stablecoin collapse
Do Kwon-founded Terraform Labs has again pointed the finger at market maker Citadel Securities for its role in an alleged “concerted, intentional effo [...]
Changpeng Zhao’s tweet ‘contributed’ to collapse of FTX, claims Caroline Ellison
According to former Alameda Research CEO Caroline Ellison, a single tweet from Binance CEO Changpeng Zhao (CZ) contributed to the failure of cryptocur [...]
FTX Management Was Warned About Backdoor to Alameda Months Before Collapse: WSJ
“Following a thorough internal investigation, LedgerX has found no evidence that any of its employees were aware of any reported code enabling Alameda [...]
Alameda Was ‘Business as Usual’ Before Collapse: Ex-Engineer
“It pretty much seemed like business as usual, right up until the end. The days before the company collapsed, it just seemed like a few really busy da [...]
Su Zhu’s $36M mansion transformed into eco-farm post-3AC collapse: Report
Crypto businessman and fugitive Su Zhu's $36 million luxury real estate in Singapore has been converted into an eco-farm.According to recent local med [...]
Sam Bankman-Fried ‘Lied,’ DOJ Tells Jury; Defense Tries to Pin FTX Collapse on Caroline Ellison
The FTX app and terms of service both told customers that the money they put on the exchange was being kept for them "as if they were sitting right th [...]
The Collapse of FTX, in Sam’s Own Words
We may not know for weeks whether Sam Bankman-Fried will take the stand at his own trial. He may want the chance to explain himself to the jury, but h [...]
Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse
Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led to ineffective ma [...]
Class-action suit filed against Binance for alleged harm to FTX before its collapse
A class-action suit was filed against Binance.US and Binance CEO Changpeng Zhao on Oct. 2 in the District Court of Northern California alleging variou [...]
Mt. Gox collapse saw birth of Chainalysis – Cointelegraph Magazine
It’s been more than a decade since 850,000 BTC went missing from Mt. Gox, yet the collapse of the former exchange remains one of the mos [...]
Sam Bankman-Fried Blames Everyone but Himself for FTX’s Collapse
Most notably, Bankman-Fried still seems unwilling to take any responsibility for what happened — or even register that $8 billion *somehow* went missi [...]
NFT collapse and monster egos feature in new Murakami exhibition – Cointelegraph Magazine
Even if you aren’t personally familiar with famed Japanese contemporary artist Takashi Murakami, you have surely seen his work. The pop [...]