The Celsius bankruptcy case is still pending in the United States Bankruptcy Court for the southern district of New York State, which has established...
Following the highly criticized New York Times article that features commentary from the former CEO of FTX, Sam Bankman-Fried (SBF), the public continues...
Larry Summers, the “American economist who served as the 71st United States secretary of the treasury from 1999 to 2001,” says that the high-profile collapse of crypto exchange...
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...
Nayib Bukele, El Salvador’s president, has always been a very strong supporter of Bitcoin (BTC) as a store of value for his country. But even the most bullish individuals took a step back when the whole FTX scandal broke down. Despite this, it appears Bukele is taking on the opportunity to buy more BTC as […]
“FTX is fine. Assets are fine,” Sam Bankman Fried said in a tweet on November 7 just four days before crypto exchange FTX filed for Chapter 11 bankruptcy. Virtually no one saw it coming except for a few people in […]
After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majority of the hedge fund’s total assets” were stored on FTX. Ikigai chief investment officer, Travis Kling, told the public on Twitter and […]