FTX | ForkLog - Part 28

ForkLog 21 26.11.2022

US congressman says FTX crisis a failure of crypto-industry regulation

US Representative Tom Emmer criticized SEC Chair Gary Gensler and former FTX CEO Sam Bankman-Fried amid the crisis surrounding the Bitcoin exchange.

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ForkLog 14 25.11.2022

Dubai regulator suspends license of local FTX unit

The Dubai Virtual Asset Regulatory Authority (VARA) has suspended the license issued to FTX's subsidiary. This was stated on the regulator's website.

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ForkLog 19 25.11.2022

Turkish regulator seizes Sam Bankman-Fried’s assets

The Turkish MASAK has opened an investigation into the founder of the cryptocurrency exchange FTX, Sam Bankman-Fried, on suspicion of fraud.

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ForkLog 22 24.11.2022

Changpeng Zhao did not rule out the possibility of acquiring FTX assets

Binance chief Changpeng Zhao left open the possibility of purchasing FTX assets. In an interview with Bloomberg, he said some of them could still be salvaged.

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ForkLog 15 24.11.2022

Bahamas regulator responds to FTX allegations

The Bahamas Securities Commission (SCB) rejected FTX's allegations of unauthorized access to the assets of the exchange's Bahamas-registered subsidiary.

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ForkLog 17 23.11.2022

Sam Bankman-Fried, in letter to former colleagues, hints at a possible rescue of FTX

Former FTX chief Sam Bankman-Fried explained to employees in a letter the causes of the collapse and did not rule out the possibility of the platform resuming operations. The Block obtained the document.

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ForkLog 16 23.11.2022

Elizabeth Warren calls for tougher crypto regulation; community responds with criticism

The cryptocurrency industry is on a path of financial innovation that begins with 'captivating rewards' and ends with 'devastating losses.' This view was expressed by Elizabeth Warren, a member of the U.S. Senate Banking Committee, in her article for The Wall Street Journal.

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ForkLog 13 23.11.2022

Coinbase stock slides to an all-time low

Following the trading session on November 21, Coinbase's bitcoin-exchange stock fell to a record low of $41.23. Investors reacted to the deteriorating environment in the digital-asset markets and the rise in distrust caused by the collapse of FTX.

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ForkLog 39 22.11.2022

Sam Bankman-Fried deepfake offered compensation for FTX collapse

A deepfake of FTX founder Sam Bankman-Fried circulated on Twitter, in which he offered to take part in a cryptocurrency giveaway as compensation for the exchange's collapse.

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ForkLog 17 22.11.2022

Reuters: FTX bought $121 million worth of real estate to house its former chief

The parents of former FTX and Alameda Research chief Sam Bankman-Fried, he himself, and senior executives of the organisations have become owners of at least 19 premium real estate properties worth $121 million. This follows from documents Reuters had access to.

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ForkLog 10 22.11.2022

Address Behind FTX Withdrawals Moves Over $200 Million in Ethereum

An unknown actor behind the suspicious withdrawals from the FTX cryptocurrency exchange transferred Ethereum worth more than $200 million to 12 different wallets.

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ForkLog 68 22.11.2022

How the Collapse of FTX and Alameda Research Will Affect the Crypto Industry

ForkLog has analysed the causes of the collapse of FTX and assessed the potential consequences for the industry.

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