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.Latest news and analysis on the state of the FTX exchange.
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.
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.
Media reports on prospects of criminal charges against the FTX chief
The US Department of Justice has all it needs to bring criminal charges against former FTX CEO Sam Bankman-Fried and other executives of the bankrupt exchange, according to a Fortune lawyer.
Janet Yellen: FTX Collapse Reveals ‘Weak Spots’ in the Crypto Industry
The FTX incident showed that the cryptocurrency industry needs 'very close regulation.' This view was voiced by U.S. Treasury Secretary Janet Yellen, Bloomberg reports.
U.S. authorities demanded Paxos freeze assets withdrawn from FTX
Paxos has been ordered by US federal law enforcement authorities to freeze assets linked to four Ethereum addresses.
El Salvador president says FTX is the opposite of Bitcoin
El Salvador's President Nayib Bukele said that the first cryptocurrency was created to prevent Ponzi schemes and bank runs.
Visa ends partnership with FTX over debit-card issuance
The payments giant Visa terminated its partnership with FTX after the bitcoin exchange filed for bankruptcy. Reuters reports.
U.S. congressman accuses crypto billionaires of lobbying to curb regulation in Washington
U.S. Representative Brad Sherman accused cryptocurrency billionaires of lobbying on behalf of their interests in Washington to curb regulation of the digital-asset industry.
Bloomberg says customer recovery of FTX funds unlikely
FTX's liquid asset reserves are only $900 million, while its liabilities are estimated at about $9 billion. This follows from an investor presentation prepared by the cryptocurrency exchange before filing for bankruptcy, Bloomberg reports.
Kraken freezes accounts linked to FTX and Alameda
The cryptocurrency exchange Kraken, at the request of law enforcement, blocked accounts belonging to the bankrupt FTX Group, including Alameda Research, and their executives.We use cookies to improve the quality of our service.
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