FTT

FTX’s Gary Wang and Alameda’s Caroline Ellison Plead Guilty to Fraud, Duo Is ‘Cooperating’ With Feds

December 22, 2022 Bitcoin.com

Attorney Williams

On Dec. 21, 2022, U.S. attorney Damian Williams announced that the Southern District of New York (SDNY) Department of Justice (DOJ) filed charges against Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang. Williams declared that both Ellison and Wang have been cooperating with law enforcement officials. The U.S. Securities and Exchange Commission (SEC) […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume

December 20, 2022 Bitcoin.com

Alameda

Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per unit region after Nov. 12, 2022. For 38 days FTT remained above the $1 per unit area up until Dec. 19, as the token suddenly […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme

December 10, 2022 Bitcoin.com

Airdrop

Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed to climb 23.4% higher against the U.S. dollar […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

US Prosecutors Probing Whether Former FTX CEO Sam Bankman-Fried Influenced the Terra (LUNA) Implosion: Report

December 9, 2022 The Daily Hodl

3AC

Federal US prosecutors are reportedly looking into the potential link between former FTX CEO Sam Bankman-Fried’s fallen crypto empire and the downfall of stablecoin issuer Terra (LUNA). According to a new report by the New York Times, a large chunk of stablecoin TerraUSD’s (UST) sell orders at the time of its collapse appear to have […]

The post US Prosecutors Probing Whether Former FTX CEO Sam Bankman-Fried Influenced the Terra (LUNA) Implosion: Report appeared first on The Daily Hodl.

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Document Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022

December 5, 2022 Bitcoin.com

Alameda Balances

In a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In a more recent discussion with The Block’s Frank Chaparro, SBF explained that auditors were looking at FTX’s corporate financials, but the auditors were “not looking […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices

December 2, 2022 Bitcoin.com

Alameda

On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX Chapter 11 bankruptcy proceedings. The U.S. Trustee explained in the letter that FTX’s collapse was comparable to complex bankruptcy cases like Lehman’s, Washington Mutual Bank’s, […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

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

December 1, 2022 Bitcoin.com

Alameda Research

Former 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 […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

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

December 1, 2022 Bitcoin.com

Alameda Research

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 […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

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

November 30, 2022 Bitcoin.com

Alameda’s balances

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 […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

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

November 27, 2022 Bitcoin.com

90% Down

While 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 […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’