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The Arrest of Sam Bankman-Fried Only Marks The Start Of Expected Lengthy Legal Proceedings

Media is awash with the news that Sam Bankman-Fried (SBF), the former CEO of the collapsed FTX cryptocurrency exchange, was arrested by Bahamas law enforcement on Monday, Dec 12, 2022. Authorities and crypto investors are keenly following the developments of SBF’s arrest, with the ensuing legal proceedings expected to throw more light on what led […] дальше »

2022-12-14 22:08


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Platypus Unveils Launch of Its Native Stablecoin (USP) to Boost Capital Efficiency

Avalanche-based AMM that facilitates seamless exchange between pegged assets, Platypus Finance, has announced the launch of its native stablecoin, USP. According to the announcement, the protocol-native stablecoin, USP, features a design that reduces liquidity fragmentation and scattered assets endemic to many protocols. дальше »

2022-12-14 17:08


FTX CEO John Ray blames collapse on ‘inexperienced and unsophisticated individuals’ in testimony following SBF arrest

FTX CEO John Ray III December 13 testimony to the United States Congress revealed that the bankrupt exchange commingled assets and stored wallets’ private keys without encryption. The post FTX CEO John Ray blames collapse on ‘inexperienced and unsophisticated individuals’ in testimony following SBF arrest appeared first on CryptoSlate. дальше »

2022-12-13 10:30


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Amid Senate’s Inquisition, FTX’s Sam Bankman-Fried Wants To Float A New Business To Pay Back Customers

Running low on options, FTX’s founder wants to make one last-ditch attempt to repay customers, but experts term it a long shot. Sam Bankman-Fried revealed in an interview with the BBC over the weekend that he is willing to go the extra mile to repay customers after the implosion of his exchange. Bankman-Fried stated that […] дальше »

2022-12-13 19:12