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Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues

Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity IssuesRoughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was attempting to recover the funds by creating a creditors committee. 31 days after Gemini paused the Earn program’s withdrawals, Cameron Winklevoss tweeted that it has […]

XRP Eyes $500B Market Cap as Peter Brandt Signals Potential Breakout

Top Strategist at $285,000,000,000 Asset Management Firm Predicts More Crypto Shakeouts After FTX Collapse

Top Strategist at 5,000,000,000 Asset Management Firm Predicts More Crypto Shakeouts After FTX Collapse

The global chief investment officer of the $285 billion asset management firm Guggenheim Partners is predicting additional crypto fallout following the FTX collapse. In a new interview with Bloomberg Television, Scott Minerd says more crypto casualties are likely due to bubble conditions. “You know, a year ago we were talking about crypto and there were […]

The post Top Strategist at $285,000,000,000 Asset Management Firm Predicts More Crypto Shakeouts After FTX Collapse appeared first on The Daily Hodl.

XRP Eyes $500B Market Cap as Peter Brandt Signals Potential Breakout

SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’

SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release SBF on bail with an ankle bracelet. Amid the lengthy court hearing reports detail that SBF’s parents Joseph Bankman and Barbara Fried attended […]

XRP Eyes $500B Market Cap as Peter Brandt Signals Potential Breakout

FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s Bail

FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s BailOn Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud, money Laundering, and campaign finance offenses.” SDNY attorney Williams said that the case was not an issue of “mismanagement or poor oversight” but of “intentional […]

XRP Eyes $500B Market Cap as Peter Brandt Signals Potential Breakout

CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-Fried

CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-FriedOn Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer deposits, “throughout the relevant period,” including both fiat currencies and cryptocurrencies, were reportedly “appropriated by Alameda for its own use.” U.S. Commodity Futures Trading Commission: […]

XRP Eyes $500B Market Cap as Peter Brandt Signals Potential Breakout

Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD

Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUDFollowing the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. Department of Justice prosecutors have been investigating Binance, according to four people familiar with the matter. Moreover, while a number of crypto assets have risen […]

XRP Eyes $500B Market Cap as Peter Brandt Signals Potential Breakout

US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse

US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX CollapseAccording to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC chairman Gary Gensler explained that the U.S. financial regulator alleges that SBF “built a house of cards on a foundation of deception.” U.S. SEC Contends Former […]

XRP Eyes $500B Market Cap as Peter Brandt Signals Potential Breakout

Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda

Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s AlamedaOn Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block executive Michael McCaffrey received $16 million in […]

XRP Eyes $500B Market Cap as Peter Brandt Signals Potential Breakout

FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 Acres

FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 AcresAfter discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500 firms and projects, people have been curious about a few specific investments. One specific investment made by FTX Ventures Ltd. was for $25 million into the Ohio-based firm 80 Acres, a company that specializes in […]

XRP Eyes $500B Market Cap as Peter Brandt Signals Potential Breakout

Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform

Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 PlatformAccording to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda acquired Ren and was funding development every quarter. On Dec. 7, 2022, Ren developers warned Ren 1.0 and 2.0 compatibility “cannot be guaranteed” and […]

XRP Eyes $500B Market Cap as Peter Brandt Signals Potential Breakout