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FTX Collapse
Tom Brady, Gisele Bündchen and Other Celebs Named in FTX Lawsuit
High-profile celebrities including Tom Brady, Stephen Curry and Larry David were named as defendants in a lawsuit for their roles in promoting crypto exchange FTX. The lawyer behind the suit, Adam Moskowitz of Moskowitz Law Firm, discusses the legal considerations of the case and the outlook for celebrity crypto endorsements.
What FTX Fallout Means for VC Funding in Crypto
In Q3 of this year, venture capitalist funding for crypto startups hit a new low in 2022, at roughly $5.5 billion in fundraising, according to Galaxy Digital. Dragonfly Capital Partner Tom Schmidt discusses the impact of crypto exchange FTX's collapse on the industry and outlook for investments in DeFi and NFTs amid crypto winter.
New FTX CEO Paid $1,300 an Hour, Court Filings Show
Other execs are billing $975 per hour, but the fees pale in comparison to the typical overall costs of corporate restructuring.
FTX Japan Preparing to Allow Withdrawals by Year End: Report
The payment system for withdrawals is still suspended for now.
Shuttered AAX Will Close Out Derivatives, Citing ‘Chance’ of Return to Normal
The Hong Kong crypto exchange hopes to be able to raise enough capital to reopen following a hack.
Twitter Spaces: Crypto’s Lehman Moment, What FTX Means for DeFi
How will FTX’s collapse fuel the case for decentralized finance?
Bitcoin Holds Fast Over 16K, but Crypto Winter Could Be Prolonged
Bitcoin traded sideways throughout the week but analysts warn that FTX fallout could affect prices for an extended period of time.
Crypto’s Very Human Fatal Flaw: Hero Worship
Misplaced admiration of Sam Bankman-Fried, prior to the FTX collapse, was a natural tendency. To move forward, we must recognize this vulnerability and safeguard with appropriate regulation.
If You Lost Money on FTX, You May See Some Tax Relief
Tax expert Victoria J. Haneman compares Sam Bankman-Fried's crypto trading empire to Bernie Madoff's Ponzi scheme to glean what the FTX fallout could mean for tax filers.
