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FTX

ALL From FTX

Bloomberg: FTX bankruptcy advisor provides FBI with client information, trading records

According to Bloomberg reports, court records show that FTX advisors have been providing information about customer accounts and transaction records to federal law enforcement agencies across the United States.

Peter Schiff: CNBC is also responsible for promoting SBF and FTX scams

Peter Schiff, the Chief Economist and Global Strategist of Euro Pacific Capital, accused CNBC of biased reporting, which helped to promote the FTX scam by Sam Bankman-Fried. He believes that the media is responsible for the losses suffered by investors. Schiff criticized CNBC for treating SBF as a "god" and not scrutinizing FTX's operations. He believes that CNBC should be responsible for the losses suffered by FTX customers due to its biased promotion. In addition, Schiff claimed that regulatory agencies and politicians were also involved in this scam. Without the help of politicians who allegedly accepted his bribes, SBF would never have been able to escape his scam. Schiff said that the "incompetence of regulatory agencies proves that the free market can do better".

Michael Saylor: The failure of SBF and FTX is “the inevitable path for the industry”

Michael Saylor, the CEO of Microstrategy, said that the failure of Sam Bankman-Fried and FTX is "an inevitable part of the industry" and this will lead to a more stable Bitcoin-based ecosystem.

Court documents: FTX Advisors has been providing customer account information and transaction records to U.S. law enforcement agencies

FTX advisors have been providing client account information and records related to FTX transactions to federal law enforcement agencies across the United States. According to billing records from consulting firm Alvarez &amp; Marsal, FTX advisors collected FTX customer data based on subpoenas from at least five FBI field offices. Tasks included extracting information on specific customer transactions, investigating accounts, and screening cloud computing data. However, court documents do not detail the scope of FTX customer information or transaction data transferred to federal agents. <br>

FTX debt’s expected loss ratio rose to 57%, up 20% from September

FTX's debt repayment rate is expected to increase to 57%, higher than September's 37% and January 2023's 15%. According to FTX debtors, creditors may receive compensation by mid-2024. (Coin Edition)

FTX cold wallet transferred 300,000 SOL 4 hours ago and still holds 971.16 SOL

According to Pai Shield monitoring, 4 hours ago, the address marked as "FTX Cold Storage #2" transferred 300,000 SOL (approximately $11.48 million) to the address starting with 4Axqyo. The "FTX Cold Storage #2" address currently still holds 971.16 SOL (approximately $37,923.79).

Lookonchain: 8 addresses where FTX/Alameda recently sold assets currently hold approximately $619 million in assets

Lookonchain analyzed 8 FTX/Alameda addresses that recently sold assets. These addresses currently hold approximately $619 million in cryptocurrency assets, including: 49,745 ETH ($89 million), 69.7 million FTT ($85.6 million), 25 million WLD ($43.5 million), 694 WBTC ($2.4 million), 12,950 WETH ($23 million), and 16.9 million TOMOE ($22 million).

FTX transferred a total of 1.1 million SOL and 7183 ETH for sale in the past 24 hours

On November 3rd, Lookonchain monitoring shows that in the past 24 hours, FTX has sold a total of 1.1 million SOL coins (worth 42.35 million US dollars) and 7,183 ETH coins (worth 12.9 million US dollars). As of November 3rd, FTX has transferred approximately 221.7 million US dollars worth of cryptocurrency.

FTX has transferred approximately $22 million worth of SOL to Binance and Wintermute today

On November 3, as monitored by PeckShield, FTX's cold wallet address transferred approximately 550,000 SOL tokens (worth approximately $22 million) to Binance and Wintermute, and received approximately 326.64 SOL tokens (worth approximately $13,000) from Bitfinex today.

SBF found guilty on seven counts

Sam Bankman-Fried has been found guilty of the collapse of FTX. After 15 days of testimony and about four and a half hours of deliberation, the jury made a verdict, finding him guilty of seven counts of fraud and conspiracy.