Lessons from FTX: crypto investment risks and how to avoid them
The recent spate of crypto exchanges freezing customer accounts should be a wake-up call to investors everywhere. What can you do to better protect yourself?
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Robinhood aims to buy-back its shares seized by Department of Justice in FTX failure
Robinhood Markets Inc., the U.S.-based financial services company, aims to purchase the 55 million of its shares that FTX-linked Emergent Fidelity Technologies bought in May 2022, according to its earnings report released Wednesday.
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Bankrupt FTX threatens legal action to claw back donations to politicians, charities
The move marks a shift in tone from December when recipients of FTX donations were requested to “voluntarily” return the funds.
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Silvergate probed by US prosecutors over FTX, Alameda accounts: Bloomberg
U.S. prosecutors are investigating California-based cryptocurrency bank Silvergate Capital Corp. for how it handled accounts tied to now-bankrupt crypto exchange FTX and its brokerage arm Alameda Research, Bloomberg reported on Thursday, citing sources familiar with the matter.
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Bankrupt FTX held US$1.4B in cash at the end of 2022
Bankrupt cryptocurrency exchange FTX.com had around US$1.4 billion in cash reserves at the end of 2022, according to a financial update released Tuesday.
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What we must learn from FTX so that history does not repeat itself
Tighter regulations are necessary but not enough. The industry also needs to address its issues with custody and transparency, writes Chen Zhuling of RockX.
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Sam Bankman-Fried’s family members are not cooperating with FTX attorneys, court documents claim
Sam Bankman-Fried’s mother and brother are not cooperating with the FTX legal team’s investigations into the Bahamans-based exchange’s bankruptcy and misappropriation of customer funds
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Apple, New York Times, Hong Kong Government listed among FTX creditors
Lawyers for the bankrupt cryptocurrency exchange, FTX.com, filed a document with a list of its institutional creditors on Thursday, which included major technology firms, publications and government bodies.
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Bankrupt BlockFi’s financials show US$1.2 bln exposure to FTX, Alameda: report
Bankrupt BlockFi reportedly had over US$1.2 billion of assets tied to FTX.com and its sister trading firm Alameda Research
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FTX chief John Ray mulls resurrection of collapsed crypto exchange
FTX is exploring options to revive its bankrupt international cryptocurrency exchange, FTX.com, CEO John Ray told the Wall Street Journal.