Tag: FTX

  • The End Of Crypto As We Know It! Auditors Stop Working With Crypto Clients!

    The End Of Crypto As We Know It! Auditors Stop Working With Crypto Clients!

    Last week, the French auditor Mazars causes new doubts about the liquitity of ifs crypto clients such as Binance or Crypto.com. It surprising deleted Binance’s PoR audit report from its website and announced the pausing of all activities for all its crypto clients. Mazars also prepared the POR report for…

  • Bafin Chief Mark Branson Wants A Tough Regulation For Crypto But Not To Kill It!

    Bafin Chief Mark Branson Wants A Tough Regulation For Crypto But Not To Kill It!

    The public has lost confidence in the crypto space. The collapse of the crypto exchange FTX deals another blow to the market for Bitcoin and Co. In the industry, there is talk of crypto winter and crypto contagion. Bafin boss Mark Branson would prefer to “extend regulation to all areas”. However,…

  • Pointing Finger: Binance Intentionally Caused FTX Collapse Says Mr. Wonderful, Kevin O’Leary!

    Pointing Finger: Binance Intentionally Caused FTX Collapse Says Mr. Wonderful, Kevin O’Leary!

    Amid the bankruptcy proceedings, the Canadian celebrity entrepreneur and FTX investor star Kevin O’Leary sharply criticized crypto exchange Binance and its CEO Changpeng Zhao, a/k/a CZ, claiming they intentionally caused FTX’s collapse. At a hearing of the Senate Banking, Housing and Urban Affairs Committee, the prominent businessman said Binance is…

  • Disgraced Former FTX CEO Sam Bankman-Fried Faced With Criminal Charges And Regulatory Fraud Complaints!

    Disgraced Former FTX CEO Sam Bankman-Fried Faced With Criminal Charges And Regulatory Fraud Complaints!

    U.S. authorities have charged disgraced former FTX CEO Sam Bankman-Fried (SBF) with fraud a month after the crypto exchange he founded filed for bankruptcy. Moreover, the U.S. CFTC and the U.S. SEC have filed fraud complaints against SBF and his companies FTX and Alameda Research. The complaints charge them with…

  • The Arrest Of FTX Founder Sam Bankman-Fried May Make The Crypto World “Whole Again!”

    The Arrest Of FTX Founder Sam Bankman-Fried May Make The Crypto World “Whole Again!”

    For a long time, the Twitter community demanded the arrest of FTX founder Sam Bankman-Fried (SBF) after around a million customers had lost billions with the collapsed crypto exchange. Monday evening, he was now arrested by police in the Bahamas after U.S. prosecutors brought a still-sealed indictment. He is now…

  • Corrupted: Crypto News Platform The Block Received $27 Million In Loans From SBF!

    Corrupted: Crypto News Platform The Block Received $27 Million In Loans From SBF!

    It’s called corruption! The Block announces that Michael McCaffrey has resigned as CEO after failing to disclose $27 million in loans from FTX subsidiary Alameda Research. The crypto publication In a Medium post, The Block’s Bobby Moran wrote that McCaffrey was the only person at the organization who had “knowledge…

  • Ripple Attacks SEC Over Its Deal With Now Bankrupt BlockFi!

    Ripple Attacks SEC Over Its Deal With Now Bankrupt BlockFi!

    Crypto lender BlockFi filed for Chapter 11 bankruptcy on Monday! In the first week of November, BlockFi paused withdrawals from customers. The crypto lending platform had drawn down a $400 million line of credit from FTX US over the summer and was one of the first victims of the crypto…

  • Crypto Lender BlockFi Is Insolvent

    Crypto Lender BlockFi Is Insolvent

    Following the collapse of the cryptocurrency exchange FTX, the U.S. bank BlockFi, which specializes in virtual currency, has now also filed for bankruptcy. More broadly, the BlockFi business has been on a knife-edge since the spring, when the collapse of several major crypto companies sent the market into a panic…

  • Amazon Prime Is Working on FTX Story

    Amazon Prime Is Working on FTX Story

    An 8-part series about the crashed crypto exchange FTX is being planned by Amazon.Avengers creators Anthony and Joseph Russo are to direct the series. Amazon has ordered a miniseries on FTX, reports Variety. The Russo brothers, who have directed some of the central films of the Marvel Cinematic Universe –…

  • Texas Launches Investigation Into Tom Brady And Other Celebs Over FTX

    Texas Launches Investigation Into Tom Brady And Other Celebs Over FTX

    NFL superstar Tom Brady and basketball player Stephen Curry and other US celebrities are facing an investigation by the Texas financial regulator regarding the insolvent crypto exchange FTX. Texas Financial Industry Regulatory Authority Director of Law Enforcement Joe Rotunda confirmed to Bloomberg today, Nov. 22, that his agency is looking…