The US government has requested an independent investigation into FTX’s bankruptcy to investigate fraud, dishonesty, and incompetence claims at the failing cryptocurrency exchange.
The US government has requested an independent investigation into FTX’s bankruptcy to investigate fraud, dishonesty, and incompetence claims at the failing cryptocurrency exchange.
In the aftermath of the collapse in FTX, crypto lenders were dealt another blow by Bitcoin miners.
The digital-asset market has been affected by the fallout of Sam Bankman Fried’s FTX crypto empire.
In the aftermath of the collapse in FTX, which resulted in the loss of 80,000 traders from the UK, banks are blocking payments to and fro crypto exchanges.
FTX, a collapsing cryptocurrency exchange, had financial records worse than Enron. This was claimed by its administrator.
One of the largest holders of Ether is the hacker who robbed Sam Bankman-Fried of his collapsed crypto exchange FTX.
According to the first bankruptcy filing of FTX, more than 1,000,000 creditors are expected to be left in the collapsed crypto exchange FTX, which was distributed across more than 100
At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.
The crisis that gripped the cryptocurrency sector has brought about some important developments.
According to a source with direct knowledge, Sam Bankman-Fried stated Wednesday to FTX.com investors that the company would have to file bankruptcy if it didn’t receive a cash injection.
JP Morgan warned that Bitcoin could lose 80% of its value due to a “cascade” of margin calls in the aftermath of the crisis at FTX crypto exchange.
The cryptocurrency market has seen a second day with sharp declines. Investors continue to worry about the sector’s stability and financial health of major exchange FTX despite plans of a