FTX founder Bankman-Fried is under house arrest with a US$250 million bond Cryptocurrency giant FTX, which was once worth US$32 billion at its peak, essentially collapsed over the course of 10 days.
Binance hits US$3 billion in withdrawals in 24 hours Alarm bells went up as Binance saw hefty withdrawals on Tuesday.
FTX founder and former CEO Sam Bankman-Fried has been arrested in Bahamas with criminal charges US prosecutors have investigated him for potential money laundering violations.
In more crypto contagion, wrapped Bitcoin loses its 1-to-1 backing following FTX’s collapse More and more crypto players are being dragged into the mud by Sam Bankman-Fried's bankrupted FTX empire.
From a crypto superman to your brain being wired to boogie – Here's your November 24 news briefing To start off, we're looking into: Is Binance CEO Zhao a crypto superman? – Since the collapse of FTX CEO Sam Bankman-Fried's bankrupted crypto empire, the industry has been in the Wild West.
What’s going to happen to crypto post-FTX crash? Crypto hasn’t been performing super well over this past year.
Crypto lenders get hit by the FTX collapse A crypto crisis was sparked by the collapse of the second-largest cryptocurrency exchange platform, FTX, which went bankrupt last week.