Tom Brady and other celebrities named in class-action lawsuit against FTX
Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit. Former FTX CEO...
TheCryptoNewsWire
Sam Bankman-Fried updates investors: ‘We got overconfident and careless,’ claims $13B leverage
“I was on the cover of every magazine, and FTX was the darling of Silicon Valley,” said the former CEO...
Terra Labs, Luna Guard commission audit to defend against allegations of misusing funds
The audit tracked efforts to defend the UST peg from May 8 to12 and found no wrongdoing. LFG used the...
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna...
US House Committee to Investigate and Hold Bipartisan Hearing on FTX Collapse
The U.S. House Financial Services Committee is planning to investigate the FTX collapse, according to a joint press release published...
Terraform Labs Co-Founder Daniel Shin’s Firm Chai Reportedly Raided by Seoul Prosecutors
Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims...
Tom Brady, Gisele Bündchen, Kevin O’Leary, and 9 Other Celebrities Named in FTX-Related Class-Action Lawsuit
Former FTX CEO Sam Bankman-Fried (SBF) and a number of celebrities including Tom Brady, Gisele Bündchen, Stephen Curry, and Shaquille...
Nike unveils NFT platform: Nifty Newsletter, Nov. 9–15
An image of the sandals worn by Steve Jobs was minted as a nonfungible token and sold for over $200,000....
DeFi platforms see profits amid FTX collapse and CEX exodus
On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency....
Blockstream CEO Adam Back talks Bitcoin over a game of Jenga
Back was one of the few people cited in the original Bitcoin white paper. Ever since his childhood years, Adam...
Bybit releases reserve wallet addresses amid calls for transparency
The wallets seem to indicate that over $1billion worth of BTC, USDT, ETH, and USDC are held by the exchange....
Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTC
The latest casualty of the FTX meltdown raises concerns over the Grayscale Bitcoin Trust institutional investment fund. Bitcoin (BTC) fell...
FTX collapse was a ‘dumpster fire,’ says US lawmaker announcing investigative hearing
“There is no sugarcoating it: the FTX collapse has been a dumpster fire,” said House Financial Services Committee ranking member...
27,000 requests last year: Collaboration key for Binance’s Investigations team
Binance’s Investigations and Intelligence team plays a role in helping global law enforcement agencies identify and combat crypto-related crime. Historical...
FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack
The infamous Mt. Gox Bitcoin hack cost the same in U.S. dollar terms as FTX emptying its 20,000 BTC balance....
