FTX

“Moneyball” Author to Write a Book on the Fall of FTX and its Head

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Parth Dubey December 28, 2022 at 13:23 UTC (1 minute ago) Author of “Moneyball” and “The Big Short” will work on a book on FTX and its founder, Sam Bankman-Fried. Lewis was in a very long conversation with Bankman-Fried who has been placed on house arrest by the court. In August, the author stated that … Read more

FTX Seeks the Return of Charities and Political Donations – Bitnation

FTX

Bankman-Fried gave generously to charities and launched the FTX Foundation and FTX Future Fund to advance his goals. Reclaiming payments made to charities and politicians is likely to be an easier part of FTX’s bankruptcy process. Former Representative Beto O’Rourke claimed to have returned a $1 million donation to Bankman-Fried a week before FTX filed for bankruptcy. … Read more

Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days – Market Updates Bitcoin News

Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days – Market Updates Bitcoin News

The meme coin economy has seen its value increase 7.77% against the U.S. dollar during the last month, as the meme token market leader dogecoin jumped 29.4% higher in 30 days. Dogecoin has also managed to move from the ninth-largest market cap position to the eighth-largest crypto market valuation this past month. Shiba inu, on … Read more

US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research – Bitcoin News

Senator Calls on Sam Bankman-Fried to Testify About Failure of FTX and Alameda Research

Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX CEO Sam Bankman-Fried (SBF) to testify. As the founder of FTX and Alameda Research, “you must answer for the failure of both entities that was caused, at least in part, by the clear … Read more

FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal – Bitcoin News

Report: FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal

According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it was reportedly pushed by the FTX executive Claire Watanabe. Award-Winning Singer Taylor Swift Was Allegedly Courted by FTX Executives A report published by the Financial … Read more

Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready – Regulation Bitcoin News

Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He'll Testify When He's Ready

Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his cryptocurrency exchange. Bankman-Fried says he will testify when he has finished “learning and reviewing what happened.” Bankman-Fried Responds to Rep. Waters’ Invitation The U.S. House … Read more

Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review – The Weekly Bitcoin News

Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review – The Weekly Bitcoin News

Shark Tank star Kevin O’Leary has revealed his and Sam Bankman-Fried’s failed attempt to raise $8 billion to rescue the now collapsed crypto exchange FTX. In other news, Russian president Vladimir Putin has called for international settlements based on digital currencies. All this and more just below in this edition of the Bitcoin.com News Week … Read more

Dappradar Report Shows Blockchain Gaming Thrived Amid FTX Collapse, Sector Accounted for 46% of All Network Activity – Bitcoin News

Dappradar Report Shows Blockchain Gaming Thrived Amid FTX Collapse, Sector Accounted for 46% of All Network Activity

According to a report published by the global dapp store platform, Dappradar, blockchain gaming hardly felt the impact of the recent FTX collapse and the crypto market carnage that ensued. Dappradar’s Blockchain Games Report indicates that the number of daily unique active wallets (dUAW) participating in blockchain gaming dropped slightly to 800,875 UAWs in November, … Read more

US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’ – Regulation Bitcoin News

US Treasury's Yellen Says Crypto Industry Doesn't Have Adequate Regulation — Calls FTX Collapse 'a Lehman Moment'

U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within crypto, and crypto is big enough that we’ve had substantial harm with investors.” Treasury Secretary Janet Yellen on FTX Implosion and the Need for … Read more

Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed – Featured Bitcoin News

Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed

Alameda Research reportedly withdrew the most funds from FTX US, the U.S. arm of FTX, days before the crypto exchange filed for bankruptcy. The majority of the withdrawn cryptocurrencies were sent to wallets owned by FTX International, “suggesting that Alameda may have been operating to bridge between the two entities,” crypto intelligence firm Arkham said. … Read more