UAE’s crypto company is considering bidding for FTX’s payment business once the court approves sales.

Turkey’s Treasury and Finance Ministry is reportedly investigating Sam Bankman-Fried (SBF) for fraud and has seized assets linked to FTX within the country.

Sam Bankman-Fried (SBF), the founder and former CEO of the now-bankrupt cryptocurrency exchange FTX, has written a letter of apology to his employees, explaining the series of events that led to the collapse of his empire.

In a new CNBC interview, Changpeng Zhao says that he received a call from Bankman-Fried within 48 hours after tweeting his firm’s plans to liquidate its FTT holdings.

None of That Matters now.What Matters Is Doing the Best I can.And Doing Everything I Can for FTX’s Customers.

Founder and former CEO of FTX Sam Bankman-Fried is striving to raise fresh capital in a bid to make customers whole despite bankruptcy filings. 

Bitcoin tried its hand at overtaking $17,000 hours ago but was stopped once the UK inflation data came out.

The Australian Securities and Investments Commission (ASIC) has suspended the license of FTX Australia Pty Ltd, the local subsidiary of troubled cryptocurrency exchange FTX.com, until 15 May 2023. The move came as the entity was placed under voluntary administration on 11 November.

<b>Bankrupt crypto exchange FTX</b> faces a criminal investigation in the Bahamas following its dramatic collapse last week. Authorities in the Caribbean country where FTX has its headquarters are investigating whether any criminal misconduct occurred in the exchange’s decline and bankruptcy. Sam Bankman-Fried’s crypto exchange went from being one of the world’s largest to filing for bankruptcy in barely a week, after a CoinDesk article&nbsp;raised questions about the financial stability of its sister company Alameda Research.

As the FTX saga drags into its second week, details of alleged mismanagement are starting to flood in — with more than a billion dollars in customer funds reportedly going missing even before the recent hack.