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At least 19 properties worth around $121 million were reportedly purchased under FTX’s name, Sam Bankman-Fried’s parents and senior-level executives.
According to Hong Kong’s central bank, the interconnection of crypto assets has made the crypto ecosystem more vulnerable to systematic shocks.
The crypto-skeptic senators suggested the FTX collapse made it “abundantly clear” that the digital asset industry has “serious problems.”
A faked video the FTX founder created by scammers has circulated on Twitter with users poking fun at its poor production quality.
The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US, as part of a wider probe into FTX’s collapse.
The Australian mining firm has had to unplug hardware that was producing “insufficient cash flow” to service its “debt financing obligations.”
Uniswap newly released privacy policy comes in light of the FTX crisis, an event that has shined a spotlight on the need for transparency.
The HashFlare founders have been charged for their alleged involvement in a crypto fraud and money laundering conspiracy.
The lending firm claims it’s having “constructive conversations with creditors” and plans to resolve the situation without the need for a bankruptcy filing.
The aftermath of FTX’s collapse has soured crypto investor sentiment with “record” inflows into short-investment products last week, said CoinShares.
