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Tag: scandal

US court sets deadline for Celsius bankruptcy claimants

The Celsius bankruptcy case is still pending in the United States Bankruptcy Court for the southern district of New York State, which has established...

Washington Post, Forbes, Wall Street Journal Slammed for ‘Puff Piece’ Reports on FTX and Alameda Execs

Following the highly criticized New York Times article that features commentary from the former CEO of FTX, Sam Bankman-Fried (SBF), the public continues...

DeFi, NFT Remains Resilient Despite FTX Implosion: DappRadar

The fallout from FTX’s collapse has been devastating, and the market is poised for more losses. But according to a recent report by...

Former US Treasury Secretary Says FTX Is More Like Enron Than Lehman Brothers

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...

Imposter Found Gaping Hole in Online Gambling Payment System, Stole Money Directly From Poker Players’ Bank Accounts

Scammer creating accounts in pros’ names The poker world is at the center of yet another scandal, though this time it does not involve cheating...

The Silver Lining of the FTX Collapse

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...

TFW

Tristram Waye for Bitvo | Nov 17, 2022 Over the last several months we have been subjected to a barrage of events.  It has been...

El Salvador And Justin Sun Commit To Buying 1 BTC Everyday

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 […]

The post <strong>El Salvador And Justin Sun Commit To Buying 1 BTC Everyday</strong> appeared first on CryptoCoin.News.

Crypto Markets Spiral on FTX’s Bankruptcy News

Someday, there will be a Netflix documentary about Sam Bankman-Fried. SBF — as he’s known in crypto circles — was worth more than $14...

Crypto.com declines to say how much tokens it holds on its balance sheet even as CEO Marszalek tries to reassure customers their deposits are safe

“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 […]

The post Crypto.com declines to say how much tokens it holds on its balance sheet even as CEO Marszalek tries to reassure customers their deposits are safe appeared first on Tech News | Startups News.

Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX

Ikigai Exec Says 'Large Majority' of Crypto Asset Management Firm's Funds Stuck on FTXAfter 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 […]

Jury finds L.A. skyscraper developer paid Jose Huizar more than $1 million in bribes

Jose Huizar developed a curious habit as a Los Angeles city councilman: He would give stacks of $100 bills to his wife, mother or...

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