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Bitcoin Outlook as FTX Sees Mysterious Outflows Exceeding $600M
FTX officials confirmed the crypto exchange "was hacked" Friday night with outflows exceeding $600 million, instructing users to delete FTX apps and avoid its website. Hacken CEO Dyma Budorin explains what he knows about the hack as the fallout from the FTX collapse continues.
Thomas Braziel on FTX Bankruptcy Timeline
Thomas Braziel, managing partner at distressed corporate specialist 507 Capital, predicts the legal road ahead for FTX, citing its huge venture portfolio. He discusses the timeline of the crypto exchange's bankruptcy and if users can expect to recoup their funds.
Hacken CEO: $600M FTX Hack Likely an Insider
Bankrupt cryptocurrency exchange FTX was hacked on Friday night, FTX officials confirmed. Hacken CEO Dyma Budorin breaks down how he thinks $600 million was drained and where it likely went.
TRON Founder Justin Sun on FTX Fallout: We're Trying Our Best to Evaluate the Situation
Crypto exchange FTX has established a special facility with Tron to allow holders of TRX, BTT, JST, SUN, and HT to swap assets from FTX 1:1 to external wallets. Justin Sun, TRON Founder, Huobi Global Advisor, and Ambassador of Grenada to the WTO, discusses the latest developments.
SEC Commissioner Hester Peirce on FTX Collapse
The collapse of crypto exchange FTX has sparked a number of calls for greater regulation or faster legislative action from leading U.S. lawmakers. SEC Commissioner Hester Peirce joins “First Mover” to discuss the crisis that the crypto industry faces now, and ways it may be regulated in the near future.
What FTX Filing For US Bankruptcy Protection Means For Crypto Markets
Sam Bankman-Fried has stepped down as CEO of crypto exchange FTX as the company files for Chapter 11 bankruptcy in the U.S. Forex.com Global Head of Research Matt Weller discusses FTX's downfall and what this means for bitcoin (BTC), altcoins, and the crypto industry at large.
FTX Collapse Potential 'Catalyst' For Regulatory Work: SEC Commissioner
SEC Commissioner Hester Peirce reflects on the developments unfolding from FTX, after the crypto exchange filed for bankruptcy protection in the U.S. "It can be a catalyst for us to sit down and do some of the regulatory work that's hard work," Peirce said.
Crypto Markets Entering the 'Depression' Phase Amid FTX Bankruptcy Filing
Following FTX's Chapter 11 bankruptcy filing and CEO Sam Bankman-Fried's resignation, bitcoin (BTC) immediately dipped to the $16,000 level. "There's likely more pain ahead before we can finally form a bottom," said Matt Weller, Forex.com Global Head of Research.
FTX Files for Bankruptcy Protections in US; Sam Bankman-Fried Resigns
Crypto exchange FTX announced that it is filing for Chapter 11 bankruptcy and Sam Bankman-Fried has stepped down from his role as CEO but will “remain to assist in an orderly transition.” CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in.
TRON Founder Justin Sun on FTX Fallout
Justin Sun, TRON Founder, Huobi Global Advisor, and Ambassador of Grenada to the WTO, discusses the fallout for FTX and how he might help the troubled crypto exchange. Plus, what the FTX collapse means for the wider crypto industry.