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Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase

Former FTX Executive Accused of Fueling a Charity Through Discounted FTT PurchaseA former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating the tokens to Polaris Ventures, a […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Despite the Former FTX CEO’s Media Tour Many Unanswered Questions Remain

Despite the Former FTX CEO’s Media Tour Many Unanswered Questions RemainFormer FTX CEO Sam Bankman-Fried (SBF) has been talking a lot more since his exchange collapsed a few weeks ago, as he’s spoken at the New York Times Dealbook Summit, sat down with Good Morning America host George Stephanopoulos, and recently conducted an interview with New York Magazine. While doing all of these interviews, SBF […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’

Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’On Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview since the crypto exchange’s downfall. SBF told the Dealbook Summit host that he was “deeply sorry about what happened” and further stressed that he “didn’t […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Sam Bankman-Fried Interview Reveals Dark Donations to Republicans, FTX’s ‘Poorly Labeled Accounting’

Sam Bankman-Fried Interview Reveals Dark Donations to Republicans, FTX’s ‘Poorly Labeled Accounting’On Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview was released. During the interview, SBF discussed who he thinks may have hacked FTX and he further denied he had a backdoor installed to funnel […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above $1 per Unit

Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above  per UnitWhile a large fraction of crypto assets dropped a great deal in value during the past few weeks and bitcoin is down 18.2% in 30 days, the exchange coin ftx token (FTT) still trades above a U.S. dollar per unit. Moreover, the unknown entity known as the ‘FTX Accounts Drainer,’ still holds the second largest […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses

People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto BusinessesDespite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022. FTT was once a top-30 crypto asset, and now the token has no rank on specific coin market aggregation sites due to locked FTT tokens […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect

Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino EffectAn analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino effect that led to the company’s implosion. The study from Nansen further details that “FTX and […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse