Crypto Lender BlockFi Filing for Bankruptcy and Conducting Major Layoffs
BlockFi is the latest crypto firm to file for bankruptcy following the collapse of Sam Bankman-Fried's crypto empire.
JPMorgan: Crypto Market Regulatory Initiatives To Accelerate After FTX’s Collapse
Crypto market regulatory initiatives that are already underway are likely to be accelerated in the wake of the collapse of FTX and sister company Alameda Research, JPMorgan (JPM) said in a research report Thursday.
Massive Spike in Bitcoin Accumulation From Retail Investors After FTX Collapse
The cryptocurrency industry saw one of the most spectacular crashes of one of its giants earlier this month, which cast doubt over the entire market and investors’ perspectives on it.
FTX’s Demise Part 4: Bankruptcy Experts Weigh In on Next Steps for FTX
In the fourth installment of The Scoop’s continued coverage of FTX's demise, host Frank Chaparro examines the legal underpinnings of FTX’s bankruptcy and restructuring process with Dan Besikof, a partner at the law firm Loeb & Loeb, and Mark Shapiro, Chair of the Financial Restructuring Group and a partner at the law firm of Shearman & Sterling. In 2008, Shapiro served as the Head of Restructuring for Lehman Brothers, where he guided the sale of the firm's U.S. assets in chapter 11.
FTX Collapse Put the Singapore Government in a Parliamentary Hot Seat
The collapse of now-bankrupt cryptocurrency exchange FTX has put the Singapore prime minister and the ruling government in a hot seat. Prime minister Lee Hsien Loong and deputy prime minister Lawrence Wong are set to face grilling questions for their failure to protect retail investors.
Bahamas Attorney General Reveals Active Civil and Criminal Investigations Against FTX
Bahamian Attorney General Ryan Pinder released a statement earlier today to address the situation with bankrupt crypto exchange FTX, which was headquartered in the island nation.
FTX Collapse Drives Curiosity Around Sam Bankman-Fried, Google Data Shows
The fall of FTX seemingly had the biggest impact on the crypto ecosystem as Google searches for the CEO Sam Bankman-Fried (SBF) hit the roof over in November 2022. Some of the biggest drivers for this trend include mainstream media attention, colossal losses and political ties.
BlockFi Used FTX Funds To Pay SEC Fines? Inquiries Ripple Counsel
Sam Bankman-Fried (SBF) led the FTX crash has impacted the crypto market in the worst way possible. Crypto lender BlockFi is reportedly preparing for bankruptcy filing due to its extensive exposure to FTX. However, Ripple Counsel has raised some crucial questions over the FTX-BlockFi connection and its U.S. SEC settlement.
Kevin O’Leary Mocks BitBoy Hunt for SBF, Starts Twitter Fight
Billionaire investor Kevin O’Leary and crypto personality BitBoy are engaging in a public spat that is taking over social media. The former mocked BitBoy’s hunt for former FTX CEO Sam Bankman-Fried in the Bahamas. BitBoy has flown to the Bahamas to interrogate Bankman-Fried in a quest that the majority of the crypto community finds entertaining.
Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed
$142.4M (69.8% of the total) was sent to wallets owned by FTX International, suggesting that Alameda may have been operating to bridge between the two entities.
