SBF Allegedly Cashed Out $684k While Under House Arrest
On-chain data reveals that FTX founder Sam Bankman-Fried “SBF” is allegedly cashing out a significant amount of money in crypto shortly after he was placed...
Tag : FTX
Another Crypto Platform Shuts Down as the FTX Crisis Worsens
Midas Investments is the latest cryptocurrency platform to suspend deposits, swaps, and overall operations as a result of the severe financial losses caused by Celsius’...
Alameda Wallets Become Active And Begin Trading After SBF Bail
The crypto wallets related to FTX’s sister company, the now-bankrupt trading firm Alameda Research, were detected transferring assets just a few days after the former...
The U.S. Is Investigating $372m FTX Post-Bankruptcy Hack
According to a story that was recently published by Bloomberg, the United States Department of Justice has opened a criminal investigation into the theft of...
Binance Responds to Seven FUDs: “We Will Continue to Build the Industry”
Binance has issued a long statement on its website in Chinese, claiming that the firm has “faced up” and withstood the “stress test,” in response...
SEC Urges Users to Be Wary of Crypto Proof-of-Reserves Audits
According to a recent Wall Street Journal report, the Securities and Exchange Commission (SEC) is increasing its scrutiny of proof-of-reserves audit firms’ work for cryptocurrency...
Sam Bankman-Fried Has Been Released on $250M Bail
Sam Bankman-Fried, the disgraced creator of FTX, has finally been released from custody after posting bail in the sum of $250 million, which may very...
SBF Arrives in the US to “Face the Music”
Following his extradition from The Bahamas on Wednesday night, Sam Bankman-Fried (SBF), the shamed FTX founder and former CEO who is facing eight criminal fraud...
FTX Execs Caroline Ellison and Gary Wang Plead Guilty
According to a statement sent out by the United States Attorney for the Southern District of New York on Wednesday, Gary Wang, a co-founder of...
Sam Bankman-Fried Has Agreed to Be Extradited to the U.S.
On December 20, reports surfaced that Sam Bankman-Fried, the founder of FTX, signed paperwork authorizing his handover to Federal Bureau of Investigation (FBI) agents and...