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FTX
Sam Bankman-Fried Says Alameda Winding Down, Promises FTX US Customers' Funds Are 'Fine'
FTX CEO Sam Bankman-Fried promised to use “every penny” his crypto exchange has to repay users ahead of investors, apologizing in a tweet thread on Thursday. The 30-year-old former billionaire also said Alameda Trading – his empire’s once mighty crypto quant shop and market maker – would wind down trading. CoinDesk Technology Reporter Sam Kessler weighs in.
Jefferies CEO Expressed Doubts About Sam Bankman-Fried in July
Rich Handler, a restructuring expert, said SBF was "over his head" in trying to rescue crypto outfits.
FTX Japan to Go Into 'Close-Only' Mode Following Regulator's Order to Suspend Operations
The Financial Services Agency had ordered the local arm of Sam Bankman-Fried's crypto exchange to halt operations until December following a withdrawal halt.
Tether Freezes $46M of USDT Held by FTX Following Law-Enforcement Request
The stablecoin lost its $1 peg earlier on Thursday.
Sam Bankman-Fried Says Alameda Winding Down, Promises FTX US Customers' Funds Are 'Fine'
The trading company's owner tweeted the news on Thursday morning.
First Mover Americas: Justin Sun Rises
The latest price moves in crypto markets in context for Nov. 10, 2022.
Washington, D.C.’s Buddy Sam Bankman-Fried Has Some Explaining to Do
FTX CEO Bankman-Fried has been crypto’s shining star in U.S. policy circles, and it’s unclear whether he has an obvious successor.
FTX to Conduct Fundraise Next Week: Reuters
The raise could end up being for FTX International and FTX US combined.
Michael Novogratz Tells CNBC He Does Not Expect to Recover $77M Exposure Linked to FTX
The comments come a day after the firm revealed the exposure in its quarterly earnings.
FTX Has Made $34M in Trading Fees Since Recent FTT Token Burn Despite Withdrawal Freeze
FTX did not report the recent token burn, which was scheduled on Nov. 7.