Crypto
Inside Sam Bankman-Fried’s Substack Defense
In his Substack articles, Sam Bankman-Fried has claimed he is innocent, did not do any wrongdoing, and that FTX US is solvent.
BTC$62,769.00-0.20%
ETH$1,795.23+0.98%
USDT$0.9988-0.02%
USDC$0.9999+0.01%
XRP$1.07-0.75%
SOL$75.21-1.19%
TRX$0.3248-0.76%
FIGR_HELOC$1.03+1.91%
HYPE$63.84-1.72%
DOGE$0.0721-0.02%
USDS$0.9999+0.02%
RAIN$0.0142-1.58%
LEO$9.55+0.30%
ZEC$507.33-1.11%
WBT$55.10+0.04%
BTC$62,769.00-0.20%
ETH$1,795.23+0.98%
USDT$0.9988-0.02%
USDC$0.9999+0.01%
XRP$1.07-0.75%
SOL$75.21-1.19%
TRX$0.3248-0.76%
FIGR_HELOC$1.03+1.91%
HYPE$63.84-1.72%
DOGE$0.0721-0.02%
USDS$0.9999+0.02%
RAIN$0.0142-1.58%
LEO$9.55+0.30%
ZEC$507.33-1.11%
WBT$55.10+0.04%
According to Thursday’s presentation, both FTX and FTX.US still have a “massive shortfall” and only a fraction of identified assets are actually liquid.
In his Substack articles, Sam Bankman-Fried has claimed he is innocent, did not do any wrongdoing, and that FTX US is solvent.
FTX shared an update stating that it had identified $5.5 billion in liquid assets but also admitting that both the international and the US branches are…
Five crypto-related companies found themselves receiving cease and desist letters from FDIC this Friday.
Sam Bankman-Fried claimed Voyager’s consultants, who rejected the proposal, could be attempting to slow the process to increase their fees.
FTX.US to launch gaming division and offer "crypto-as-a-service".