FTX | ForkLog - Part 32

ForkLog 22 15.11.2022

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.

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ForkLog 5 14.11.2022

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.

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ForkLog 11 14.11.2022

U.S. authorities demanded Paxos freeze assets withdrawn from FTX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.

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ForkLog 5 14.11.2022

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.

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ForkLog 13 14.11.2022

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.

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ForkLog 19 14.11.2022

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.

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ForkLog 19 14.11.2022

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.

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ForkLog 11 14.11.2022

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.

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ForkLog 9 13.11.2022

Binance resumes FTT deposits

The cryptocurrency exchange Binance halted deposits in the FTX (FTT) utility tokens after a large batch of the asset was released outside the unlock schedule.

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ForkLog 15 12.11.2022

Unknown actors moved more than $400 million from FTX wallets

On the morning of November 12, PeckShield researchers noticed transfers totaling over $400 million from FTX exchange wallets to external addresses.

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ForkLog 19 11.11.2022

Changpeng Zhao warns of a cascading crisis in the crypto industry

The current situation in the cryptocurrency industry echoes the 2008 financial crisis, and in the coming weeks even more companies may go under. This is the view of Binance CEO Changpeng Zhao, according to the Financial Times.

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ForkLog 6 11.11.2022

Pantera Capital says FTX crash had only a minor impact on its business

The collapse of the FTX crypto exchange has had only a minor impact on Pantera Capital's business, according to partner Paul Veradittakit.

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