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Regulations
FTX CEO John Ray Confirms Late-Night Hack, Says Company Is Working With Law Enforcement
Ray said FTX and FTX US are making “every effort to secure all assets, wherever located.”
'FTX Has Been Hacked': Crypto Disaster Worsens as Exchange Sees Mysterious Outflows Exceeding $600M
FTX officials appeared to confirm rumors of a hack on Telegram, instructing users to delete FTX apps and avoid its website.
California Finance Regulator Revokes BlockFi's Lending License
FTX, which filed for bankruptcy Friday, had given BlockFi a $400 million line of credit.
FTX Employees Worldwide Learned of Bankruptcy Along With the Public
Staff from FTX Japan and other subsidiaries found out about the insolvency filing on Twitter, CoinDesk was told.
FTX Files for Bankruptcy Protection in US; CEO Bankman-Fried Resigns
Bankruptcy filings attributed to FTX US and Alameda Research estimate each company has $10 billion to $50 billion in liabilities.
FTX Collapse Sparks Alarm From US Lawmakers
Lawmakers called for financial regulators to investigate the situation and suggested further legislation is needed.
California Financial Regulator Announces FTX Investigation
California becomes the first state to officially announce an investigation.
US Justice Department, Regulators Contacted Binance on FTX Talks: Source
The authorities want to know what Binance learned about FTX's inner workings.
White House Says FTX Crash ‘Underscores’ Crypto Concerns
White House Press Secretary Karine Jean-Pierre told reporters that the Biden administration is aware of FTX’s ongoing problems and will continue to monitor the situation.
FTX Violated Its Own Terms of Service and Misused User Funds, Lawyers Say
Although the crypto exchange's terms of service prevented it from using customer assets, lawyers suggest FTX's swift downfall indicates the funds were misused.
