“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information,” new...
Crypto Market Musings
The impact of the FTX scandal continues to shake the crypto world. The exchange filed for bankruptcy last Friday after its rival...
In the aftermath of FTX’s chaotic demise, other centralized crypto exchanges scrambled to prove their credibility. Binance’s founder and CEO, Changpeng Zhao, has indicated...
2022 has been an abominably dismal year for crypto traders. We’ve seen four or five “once in a lifetime” events, with the market turmoil following the pandemic lockdowns, the historic Terra Luna collapse, insolvency from Celsius, 3AC, BlockFi, Voyager, and VAULD, then the horrendous FTX collapse, all which resulted in crypto users losing billions in […]
By Cornelius Christian FTX, once the third largest crypto exchange by trading volume, collapsed over the past week as its native token, FTT, lost over 80 percent of its value. The firm has now filed for Chapter 11 bankruptcy protection, and its collapse could impact the entire crypto sector, said Ran Neuner, Host and […]
