FTX

Crypto Crisis Continues as FTX-Backed BlockFi Files for Bankruptcy
Crypto Crisis Continues as FTX-Backed BlockFi Files for Bankruptcy
November 28, 2022  |  Cryptocurrency

The industry-rattling turn of events surrounding FTX’s implosion has claimed another victim. Crypto lender BlockFi and eight affiliated debtors filed for Chapter 11 bankruptcy relief...

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Sen. Lummis: FTX Collapse Should Speed Consideration of Crypto Bill
Sen. Lummis: FTX Collapse Should Speed Consideration of Crypto Bill
November 28, 2022  |  Cryptocurrency

U.S. Sen. Cynthia Lummis said the fall of FTX should speed consideration of a bill on regulating cryptocurrencies. Lummis introduced the bill to the legislature...

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Binance Riles Jittery Crypto Investors With Unannounced $2B Withdrawal
Binance Riles Jittery Crypto Investors With Unannounced $2B Withdrawal
November 28, 2022  |  Cryptocurrency

Eagle-eyed crypto watchers were surprised to see over $2B of bitcoin suddenly withdrawn from Binance Monday morning (Nov. 28). The discovery not only added to...

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CFTC Met With FTX About Changing Rules but Made No Decision 
CFTC Met With FTX About Changing Rules but Made No Decision 
November 28, 2022  |  Cryptocurrency

Officials of the U.S. Commodity Futures Trading Commission (CFTC) reportedly met with FTX staff before the crypto exchange’s bankruptcy to discuss changes to financial market...

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FTX Fallout Continues With BlockFi Bankruptcy
FTX Fallout Continues With BlockFi Bankruptcy
November 28, 2022  |  Cryptocurrency

Digital asset lender BlockFi says it will seek bankruptcy protection, the latest casualty of the multi-billion-dollar collapse of cryptocurrency platform FTX. The company announced the...

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Singapore’s Temasek Explains Its Due Diligence Following FTX Losses
Singapore’s Temasek Explains Its Due Diligence Following FTX Losses
November 28, 2022  |  Regulation

After Singapore’s state-owned investor Temasek wrote off its $275 million stake in now-bankrupt cryptocurrency exchange FTX, some of the country’s legislators are reportedly questioning the...

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Bahamas AG: FTX Under ‘Active’ Investigation
Bahamas AG: FTX Under ‘Active’ Investigation
November 28, 2022  |  Cryptocurrency

Fallen cryptocurrency exchange FTX remains under “active investigation” in its home country of the Bahamas, the island nation’s chief prosecutor said. In a video message...

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Crypto Lender Matrixport Raises Valuation to $1.5B Despite FTX Collapse
Crypto Lender Matrixport Raises Valuation to $1.5B Despite FTX Collapse
November 27, 2022  |  Cryptocurrency

Asian cryptocurrency unicorn Matrixport Technologies is seeking $100 million in funding despite its presence in a digital asset market still feeling the shockwaves of FTX’s...

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Turkey Investigates Sam Bankman-Fried, Seeks Seizure of ‘Suspicious’ FTX Assets
Turkey Investigates Sam Bankman-Fried, Seeks Seizure of ‘Suspicious’ FTX Assets
November 27, 2022  |  Cryptocurrency

Add Turkey to the list of countries investigating Sam Bankman-Fried — or SBF — founder of the failed cryptocurrency platform FTX. PYMNTS reported earlier this...

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