Policy
FTX Acquired a US Licensed Bank with Just 3 Employees in a Questionable Deal: Report
FTX invested $11.5 million in Farmington State Bank, one of the smallest banks in the US worth just $5.7 million.
Total Stories
119
News
FTX
Section
FTX
Policy
FTX Donated $1M to a Republican SPAC Two Weeks Before Bankruptcy
FTX US spent $1 million on a donation to a super PAC just weeks before filing for bankruptcy.
Crypto
DCG’s CEO Reassures Shareholders that Intercompany Lending Not a Concern
Digital Currency Group CEO Barry Silbert claims most of its entities are “operating as usual.”
Market Analysis
FTX Hires Former SEC and CFTC Enforcement Officers To Help With Bankruptcy
FTX is now bringing in former SEC and CFTC personnel to try and clear the mess left by SBF.
Policy
Congressman Says FTX Not Failure of Crypto, Blames SEC, SBF, CeFi
Representative Tom Emmer once again spoke in defense of digital assets and placed the blame for FTX’s collapse on regulators.
Market Analysis
Genesis Global Capital Hires Restructuring Advisors, Bankruptcy Not Ruled Out
Genesis Global Capital has reportedly hired restructuring advisors.
Crypto
Proof of Reserve is Not Adequate to Determine an Exchange’s Health
While Proof of Reserves is a good first step, it is an incomplete yardstick without listed liabilities.
Latest
FTX Was Under US Investigation Months Before the Implosion
According to a recent report, US prosecutors have been conducting a probe into FTX’s operations long before it collapsed.
Policy
Singapore’s Regulators Clarify FTX-Binance Issue, Says Investors Not Protected
The MAS published a statement to answer questions and address misconceptions that have emerged following FTX's collapse.
Market Analysis
SBF Pocketed 75% of $420M FTX Funding Round in 2021
Sam Bankman-Fried used the innuendo-filled fundraising round to take $300 million for himself.
Policy
FINRA Requests Retail Communications from Crypto Firms
US self-regulatory authority FINRA asked crypto companies to provide all retail communications data following FTX's demise last week.
Crypto
220,000+ BTC Withdrawn from Exchanges in Week After FTX’s Collapse
220K bitcoins were pulled out from crypto exchanges in the period between Nov. 7 to Nov. 18 as a result of FTX collapse.
Crypto
Are Regulators Behind FTX Hack? Creditors Appear to Think So
FTX’s creditors allegedly found a connection between the hack of the company’s assets and the government of the Bahamas.