2022-11-15 17:16 |
FTX's shocking downfall continues to affect companies with ties the beleaguered cryptocurrency exchange.
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The ongoing market turmoil caused by the FTX and Terra collapse has led many crypto companies to close up shop. CoinShares, Europe’s largest investment and trading platform, is among the companies suffering catastrophic effects of FTX implosion.
2023-2-23 19:30 | |
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Companies affected by FTX’s recent collapse are starting to come out, with bankruptcy filing currently underway. Numerous companies affected by FTX’s collapse FTX filed for chapter 11 bankruptcy last week, a move that saw one of the biggest crypto exchanges in the world, crumble.
2022-11-18 14:04 | |
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The FTX saga has had a massive impact on the entire crypto industry, and some companies bore the brunt of the crash.
2022-11-18 16:22 | |
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Crypto asset management firm Ikigai Asset Management is among the companies to get caught up in the FTX collapse as it had a large portion of its assets on the collapsed exchange, according to the firm’s founder and chief investment officer, Travis Kling.
2022-11-15 01:59 | |
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FTX’s acquisition of creditors was a ploy to buy time and slow down a margin call, Ram Ahluwalia, the CEO of crypto-native investment advisor Lumida Wealth Management says. Sam Bankman-Fried’s FTX, Alameda and over 100 affiliate companies filed for bankruptcy last week, a development that shocked the crypto world and helped train the regulatory flood […] The post FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says appeared first on Invezz.
2022-11-15 22:42 | |
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Most new crypto startups and platforms blossom during a bull market when profits are flowing, and new venture capital is everywhere. The only problem is, as we’ve seen recently with the FTX collapse, these companies crash and burn just as fast as they appeared out of nowhere.
2022-11-13 00:33 | |
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Several crypto companies and firms are beginning to feel the extent of the damage of the FTX collapse, as some of them have funds stuck in the exchange. The post Crypto Companies Start Toppling Like Dominoes appeared first on BeInCrypto.
2022-11-13 15:21 | |
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Amy Wu’s resignation followed the news 134 companies associated with the FTX Group would be filing for bankruptcy under Chapter 11 in the United States.
2022-11-12 00:46 | |
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FTX has filed for Chapter 11 bankruptcy in the U.S., based on a recent Twitter post. Sam Bankman-Fried stepped down as the company’s CEO and named John Ray III as his replacement. Although Bankman-Fried will be leaving his position, he…
2022-11-12 21:27 | |
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FTX, Alameda, and 130 affiliated companies have commenced voluntary proceedings under Chapter 11 of the United States Bankruptcy Code. Sam Bankman-Fried has resigned from his role as Chief Executive Officer.
2022-11-12 20:27 | |
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FTX Europe is one of roughly 130 companies in FTX Group that will be a part of bankruptcy proceedings in the United States.
2022-11-12 20:00 | |
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Jeffrey Tucker, the President and founder of the Brownstone Institute, says the current market outlook could aid further rot for Bitcoin (BTC/USD). Cryptocurrencies have again witnessed a major dump as panicked investors sold-off on news one of crypto’s biggest companies, FTX, was in trouble.
2022-11-12 19:37 | |
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Sam Bankman-Fried has fallen out of the top one hundred wealthiest individuals on the planet after seeing his over $16 billion fortune fall in a couple of hours as FTX’s collapse seems imminent.
2022-11-10 00:30 | |
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CZ took to Twitter on Nov. 8 sharing “two big lessons” that crypto companies should learn amid the downfall of crypto exchange FTX.
2022-11-9 05:12 | |
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Crypto exchange KuCoin might be following in FTX’s footsteps after the CEO revealed that… The post KuCoin is in talks to acquire ailing cryptocurrency companies, says CEO appeared first on CoinJournal.
2022-10-4 07:57 | |
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Crypto exchange FTX, led by Sam Bankman-Fried, has received a lot of press this year for acting as a lender “of last resort”, launching bids for distressed companies such as BlockFi, as the contagion crisis spread across the crypto markets.
2022-9-29 16:01 | |
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Despite the crypto bear market, several companies continue to build and reset. One hot crypto news story this Friday is that crypto exchange FTX has struck yet another deal with a major crypto player, taking a 30% stake in SkyBridge Capital, an investment firm founded by Anthony Scaramucci.
2022-9-10 18:03 | |
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FTX’s CEO has admitted that the bailouts issued to some crypto companies were snap… The post Bailouts were snap judgments, and the results have been mixed, says Bankman-Fried appeared first on CoinJournal.
2022-9-1 08:31 | |
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Sam Bankman-Fried, the CEO and co-founder of major crypto exchange platform FTX, says he doesn’t mind being referred to as the “JP Morgan of crypto” for his role in bailing out other crypto companies.
2022-9-1 23:40 | |
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FDIC sent the cease and desist letter to five companies, including FTX US and… The post FDIC issues cease and desist letter to FTX US over misleading statements appeared first on CoinJournal.
2022-8-20 00:26 | |
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The government agency had previously stated that deposits at non-bank entities, including crypto firms, are not covered by FDIC insurance.
2022-8-22 23:44 | |
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The Federal Deposit Insurance Corp. The post FDIC sends 5 companies, including FTX.US, cease and desist letters for making false statements about deposit insurance appeared first on CryptoSlate.
2022-8-20 22:53 | |
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Komainu joins prominent crypto companies including exchanges FTX and Binance in securing a license to operate in the emirate.
2022-7-28 18:10 | |
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Sam Bankman-Fried has spent hundreds of billions of dollars in saving cryptocurrency companies that… The post I would never do the type of deals conducted by FTX, says Binance’s CZ appeared first on CoinJournal.
2022-7-8 08:50 | |
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Sam Bankman-Fried has a bounty enough to go around for struggling crypto firms. The crypto billionaire has already given a lifeline to BlockFi and Voyager Digital running into millions of dollars. Bankman-Fried believes that the darkest days of the crypto winter are over.
2022-7-8 20:14 | |
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The CEO of FTX, one of the world’s largest crypto exchanges, said the most damaging part of the ongoing cryptocurrency turbulence that sent tokens plunging and triggered the downfall of a number of major companies, has likely passed.
2022-7-7 15:15 | |
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Sam Bankman-Fried said that crypto miners did not fit into the company’s core strategy and there is no synergy from an acquisition standpoint.
2022-7-4 05:57 | |
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FTX CEO Sam Bankman-Fried is reportedly turning his attention to the crypto-mining industries with the possibility of acquiring distressed mining firms, Bloomberg News reported. The post SBF says FTX could acquire distressed BTC mining companies to prevent contagion fears appeared first on CryptoSlate.
2022-7-3 18:30 | |
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FTX billionaire Sam Bankman-Fried is eyeing distressed mining companies as potential acquisitions next after extending a credit line to BlockFi. The post FTX CEO Sets His Sights on Acquiring Distressed Mining Companies Next appeared first on BeInCrypto.
2022-7-3 18:00 | |
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It’s Sam Bankman-Fried’s moment. The FTX and Alameda Ventures golden boy put both of his companies in a winning position and seems to be carrying the spoils away. The recent Forbes piece about secretly insolvent exchanges puts it best, “Like J.
2022-6-29 06:44 | |
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Reeve Collins, co-founder of Tether and current CEO of BlockV, an NFT-focused platform, says the problems affecting crypto companies today are the “inevitable missteps” that will eventually give way to success and growth.
2022-6-27 17:54 | |
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Reeve Collins, co-founder of Tether and current CEO of BlockV, an NFT-focused platform, says the problems affecting crypto companies today are the “inevitable missteps” that will eventually give way to success and growth.
2022-6-28 17:54 | |
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Two leading global crypto financial services companies BlockFi and FTX have today signed a term paper securing a $250 million revolving line of credit. This will provide BlockFi with access to more capital.
2022-6-22 18:11 | |
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FTX and Ripple, two major crypto companies, recently told CNBC they are well-capitalized enough to be on the lookout for acquisitions that would boost their growth. The post FTX, Ripple on the lookout for acquisitions to bolster growth appeared first on CryptoSlate.
2022-6-1 21:40 | |
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Amy Wu leads ventures, M&A, and gaming at cryptocurrency exchange FTX. She's a speaker at CoinDesk's Consensus festival this June.
2022-5-3 18:34 | |
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FTX and Alkemi add to the list of 14 crypto companies partnered with Verite, including Coinbase, Circle, Hedera Hashgraph, Ledger, Solana Foundation and more.
2022-3-10 17:05 | |
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Crypto exchange FTX has decided to start a new gaming unit. FTX Gaming intends to offer a ‘crypto-as-a-service’ platform, this in return will help gaming companies to introduce and launch their tokens and even offer support for non-fungible tokens.
2022-2-22 04:00 | |
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Brett Harrison reveals that VCs remain interested in the crypto space and new companies are coming into the space. He expects volatility to continue till there is more institutional money. Bitcoin has lost about 45% of its value compared to its all-time high.
2022-1-31 23:32 | |
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Today, six executives from different crypto companies went to Washington to testify before the House Committee on Financial Services. These include Circle CEO Jeremy Allaire, FTX CEO Sam Bankman-Fried, Bitfury CEO Brian Brooks, Paxos CEO Chad Cascarilla, Stellar Development Foundation CEO Denelle Dixon, and Alesia Haas, the CFO of Coinbase Global Inc.
2021-12-10 00:51 | |
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Sam Bankman-Fried’s exchange company FTX is one of the companies that will have an… The post Crypto exchange FTX buys slot to advertise during the Super Bowl appeared first on Coin Journal.
2021-10-28 19:49 | |
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Blockchain companies have attracted the highest levels of funding in 2021, as per figures by Blockdata. In 2020, the cumulative funding was estimated to be around $3.772 billion. However, Q3 more thaThe post Crypto, blockchain funding sees surge in Q3 2021, FTX is top beneficiary appeared first on AMBCrypto.
2021-10-11 03:30 | |
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Two of the world’s largest cryptocurrency exchanges, Binance and FTX, recently announced limits on high-risk leverage trading on their platforms. Both companies cited consumer protection as the motiThe post In the 'interest of consumer protection', Binance and FTX make this move appeared first on AMBCrypto.
2021-7-26 13:00 | |
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It isn’t just Bitcoin, Ethereum, and other cryptocurrencies that are in a full-blown bull market. The stock market has also reached a “froth,” according to US Fed chair Jerome Powell. This is why major crypto companies like Binance, FTX, and more are layering in tokenized stock shares as yet another option for digital-savvy inventors and […]
2021-5-14 20:54 | |
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Popular crypto derivatives exchange, FTX, recently decided to list the stocks of companies removed from stock exchanges following the Reddit-led short squeeze. The platform started by tokenizing and listing GameStop shares, only to continue the initiative by doing the same with silver.
2021-2-2 16:55 | |
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Hong Kong-based crypto derivatives exchange FTX has launched regulated tokenized trading for US stocks. The exchange has teamed up with European financial companies Digital Assets AG and CM Equity AG to launch the new tokenized equities offering.
2020-10-31 17:31 | |
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FTX, a major Hong Kong-based cryptocurrency derivatives platform has announced plans to introduce tokenized stock trading, that will see users buy shares belonging to major companies such as Tesla, Amazon, and Apple.
2020-10-31 16:00 | |
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Cryptocurrency derivatives exchange FTX will now allow its users to trade not just crypto but tokenized shares of big giants and some of the world's most popular companies like Amazon, Apple, Netflix, Facebook, and Tesla.
2020-10-30 22:37 | |
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Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market. The deal – consummated after nine months of negotiation – was settled using a combination of cash, crypto, and stock, both companies detailed.
2020-8-27 05:00 | |
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Gary Wang, the last of FTX’s executives to be sentenced, will serve no prison time after aiding prosecutors in decyphering Sam Bankman-Fried’s fraudulent empire.
FTX co-founder Gary Wang, convicted of misusing funds at a fictitious crypto exchange, may face punishment after his case goes to trial. On Nov. 13, prosecutors in the U.S. District Court for the Southern District of New York filed a…
Apple Studios and A24 are working on a movie about former FTX CEO Sam Bankman-Fried, adapted from the best-selling Michael Lewis book ‘Going Infinite: The Rise and Fall of a New Tycoon.’ According to a Variety report, Apple Studios and…
In 2019, Binance acquired a 20% stake in collapsed FTX in a deal with Sam Bankman-Fried In 2021, Binance and FTX agreed to a deal that saw FTX buying back the stake, amounting to $1.76bn in FTT, BNB, and BUSD The transfer was done by Alameda Research, which was insolvent at the time and couldn’t […] The post FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer appeared first on CoinJournal.
Former Alameda co-CEO Sam Trabucco will forfeit real estate and luxury assets to the FTX, according to a proposed settlement filed in court.
Gary Wang, FTX’s co-founder, has asked through his legal team for a non-custodial sentence in a memo filed last November 6th in connection with the United States v. Sam Bankman-Fried. The computer programmer argued that he should not serve jail time over his supposed involvement with the failed FTX since he was a key witness […]
Caroline Ellison, the former chief executive officer of Alameda Research, has begun her two-year prison sentence following her conviction related to the FTX crypto exchange collapse. Ellison, who reached a plea deal with U.S. prosecutors and served as the star…