SBF denies FTX is eyeing distressed crypto mining firms

Sam Bankman-Fried mentioned that crypto miners didn’t match into the corporate’s core technique There isn’t a synergy from an acquisition standpoint The Russian invasion of Ukraine has additionally induced vitality…

Binance Skeptics Question FTX Crypto Similarities

After the astounding FTX crypto collapse, investors and industry observers want proof that Binance is different. The leading cryptocurrency exchange and its founder and CEO, Changpeng Zhao, who played a…

Wyoming Bullishly Courts Crypto, Even After Collapse of FTX

CHEYENNE, Wyo. (AP) — Software engineer Jae Yang got a lot of questions from friends when he moved from Silicon Valley with plans to launch his cryptocurrency exchange not in…

Former FTX spokesman Kevin O’Leary defends endorsement of crypto firm

“Shark Tank” star Kevin O’Leary defended his position as a spokesperson for bankrupt crypto firm FTX on CNBC’s “Squawk Box” on Friday. “This is America. The justice system provides the…

FTX ex-CEO Sam Bankman-Fried says he wants to start a new business

Sam Bankman-Fried, the disgraced former boss of the failed crypto-exchange FTX, said this week he hopes to start a new business to recoup his investors’ losses in the firm’s collapse.…

Sen. Warren demands answers from Silvergate Bank about its business dealings with FTX

When it came to pitching banking services to the crypto community, Silvergate Bank held an ace card: an endorsement from none other than Sam Bankman-Fried, the celebrity founder of FTX,…

Exclusive: Goldman Sachs on hunt for bargain crypto firms after FTX fiasco

LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange…

FTX created a cryptocurrency that helped destroy it : NPR

Sam Bankman-Fried, the now-former CEO of FTX, encouraged the cryptocurrency exchange’s customers to buy its own cryptocurrency, called the FTX Token. Saul Loeb/AFP via Getty Images hide caption toggle caption…

After FTX collapse, pressure builds for tougher crypto rules

Dec 2 (Reuters) – Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at the Reuters NEXT conference this week,…

Crypto finance firm BlockFi files for bankruptcy following the fall of FTX

The bankruptcy filing submitted in New Jersey lists Ankura Trust Company as its largest creditor, to the tune of $729 million, followed by FTX US at $275 million. The SEC…