FTX | ForkLog - Part 31

ForkLog 12 16.11.2022

FTX hacker who stole 228,523 ETH enters Ethereum whale list

The anonymous hacker who stole 228,523 ETH (~$288.5 million) from FTX has ranked 35th among the largest holders of the second-largest cryptocurrency.

AI translated

ForkLog 7 16.11.2022

Circle reveals investment in FTX

Circle, the issuer of the USD Coin (USDC), holds about $10.6 million of FTX Group equity, disclosed in a filing with the SEC.

AI translated

ForkLog 10 16.11.2022

Bankman-Fried discloses asset values at FTX and Alameda Research

The combined net asset value of FTX and Alameda Research is estimated at $1 billion, while liabilities run to $8 billion. This was stated by former CEO Sam Bankman-Fried.

AI translated

ForkLog 16 16.11.2022

FTX Collapse Drives Record Hardware Wallet Sales

Hardware-wallet makers Ledger and Trezor reported a substantial rise in device sales amid FTX troubles. Decrypt reports this.

AI translated

ForkLog 17 16.11.2022

Japanese Bitcoin exchange Liquid suspends withdrawals

Liquid, the Japanese bitcoin exchange owned by FTX, suspended withdrawals in both crypto assets and fiat currencies.

AI translated

ForkLog 18 16.11.2022

WSJ: BlockFi to file for Chapter 11 bankruptcy

The crypto lending platform BlockFi is preparing to file for Chapter 11 bankruptcy protection, according to The Wall Street Journal, citing people familiar with the matter.

AI translated

ForkLog 10 15.11.2022

FTX reports more than one million creditors

FTX, the bitcoin exchange operator filing for Chapter 11 bankruptcy, has more than one million creditors, according to court documents.

AI translated

ForkLog 17 15.11.2022

Bahamas court approves temporary liquidators for FTX Digital Markets

The Bahamas Supreme Court granted the Securities Commission's request to appoint temporary liquidators for FTX Digital Markets (FDM).

AI translated

ForkLog 20 15.11.2022

Sam Bankman-Fried: things could have ended far worse

Ex-FTX chief Sam Bankman-Fried (SBF), in an interview with the New York Times, repeatedly expressed regret about the collapse of the Bitcoin exchange and acknowledged that events could have unfolded in a more dramatic fashion.

AI translated

ForkLog 15 15.11.2022

OKX to establish a $100 million fund to support projects affected by the FTX collapse

The cryptocurrency exchange OKX plans to create a $100 million fund to support projects affected by the FTX liquidity crisis.

AI translated

ForkLog 6 15.11.2022

Address linked to alleged FTX hack resumes activity

An account linked to the November 12 withdrawal from FTX for a total of more than $400 million began exchanging assets for Ethereum (ETH), PeckShield noted.

AI translated

ForkLog 26 15.11.2022

Experts estimate the scale of crypto funds’ losses after the FTX collapse

Crypto funds' losses from FTX's bankruptcy could reach up to $5 billion, according to Blockworks, citing Crypto Fund Research.

AI translated

#FTX