$FTT.CM News

Last published 3y ago

3y agoFTT.CMElon Musk tweets and Twitter bots drove up price of FTX-listed altcoins, research findsCNBCSam Bankman-Fried and his crypto hedge fund Alameda Research benefitted from the fake bot activity on Twitter, which drove up the prices of several altcoins.
3y agoFTT.CMProsecutors ask federal judge to jail Sam Bankman-Fried over witness tamperingCNBCFederal prosecutors on Friday asked a judge to revoke FTX founder Sam Bankman-Fried's bail in a Manhattan court filing
3y agoFTT.CMProsecutors drop another charge against FTX co-founder Sam Bankman-FriedCNBCFederal prosecutors told a Manhattan judge that they wouldn't pursue a campaign finance charge against FTX founder Sam Bankman-Fried after a procedural failing.
3y agoMS FTT.CMFTX lawyers accuse Sam Bankman-Fried of financing his criminal defense with $10 million in misappropriated fundsCNBCA lawsuit against Sam Bankman-Fried alleges the indicted former FTX CEO has been financing his criminal defense with $10 million in company funds.
3y agoCOIN FTT.CMCrypto exchange Gemini lays off 10% of workforce in its latest round of cutsCNBCCrypto exchange Gemini will reduce headcount by 10%, a spokesperson told CNBC on Monday.
3y agoAMZN MSFT ZM EBAY+11Google, Meta, Amazon and other tech companies have laid off more than 95,000 employees in the last yearCNBCThe tech industry has seen a string of layoffs in the face of uncertain economic conditions.
3y agoBTC.CM FTT.CM ETH.CM BNB.CM+2Bitcoin has now recovered all its losses since FTX collapsedCNBCBitcoin's rally has propelled it to fresh highs, as it fully recovers from the losses incurred in FTX's collapse even as the crypto industry braces for tumult.
3y agoFTT.CMHouse Republicans move to regulate crypto industry with a new subcommitteeCNBCRepublican Rep. French Hill will chair a new digital assets subcommittee, as lawmakers continue a push to regulate the crypto space after the collapse of FTX.
3y agoFTT.CMCrypto.com lays off 20% of workforce after FTX collapse blunted ambitious growthCNBCCrypto.com cut headcount by 20%, another blow to an industry and company that grew explosively in the crypto boom but was unable to weather the collapse of FTX.
3y agoBTC.CM FTT.CM COINCrypto firms Genesis and Gemini charged by SEC with selling unregistered securitiesCNBCThe SEC alleged on Thursday that crypto firm Gemini, founded by the Winklevoss twins, and Barry Silbert's Genesis offered and sold unregistered securities.
3y agoFTT.CM BNB.CM VYGVQ TSLA+3FTX founder Sam Bankman-Fried denies stealing user funds and repeats claims of solvency in new postCNBCBankman-Fried repeated several claims which bankruptcy officials and federal regulators have denied or contradicted.
3y agoFTT.CM BTC.CM METAWhy the Winklevoss brothers are in a $900 million crypto faceoff with Barry SilbertCNBCDigital Currency Group's Barry Silbert and Cameron Winklevoss have been engaged in a public war of words over the fate of $900 million.
3y agoFTT.CMFTX has recovered $5 billion worth of 'liquid' assets, lawyers sayCNBCFTX lawyers said they had recovered $5 billion of assets, including cash and crypto, bringing customers closer to recovering from the exchange's collapse.
3y agoBTC.BS-USS ETH.CM COIN FTT.CMCrypto exchange Binance plans 15-30% hiring spree in 2023 even as rivals slash jobsCNBCCrypto exchange Binance plans to increase the number of staff by between 15% and 30%, CEO Changpeng Zhao said.
3y agoFTT.CMNew York AG accuses Celsius ex-CEO Alex Mashinsky of defrauding hundreds of thousands of crypto investors in $20 billion collapseCNBCNew York attorney general Letitia James sued former Celsius CEO Alex Mashinsky, alleging that he defrauded his clients at the $20 billion crypto exchange.
3y agoBNB.CM BTC.CM FTT.CMSam Bankman-Fried pleads not guilty to federal fraud charges in New YorkCNBCFTX founder Sam Bankman-Fried pleaded not guilty to fraud charges in a crypto case built with the cooperation of his lieutenants Caroline Ellison and Gary Wang
3y agoBTC.CM ETH.CM DOGE.CM SOL.CM+1Solana's slide accelerates — $50 billion in value wiped from the cryptocurrency in 2022CNBCDeFi crypto Solana has struggled in 2022, between outages and exposure to FTX, but will 2023 hold more of the same, or be a boon for the Ethereum competitor?
3y agoFTT.CM DAVE COIN BTC.CB+1FTX diverted $200 million of customer money for two venture deals that caught the SEC's attentionCNBCAs Sam Bankman-Fried was using FTX customer money for all sorts of risky trading and lending, he was also making large venture investments.
3y agoVYGVQ BNB.CM FTT.CMBinance to acquire bankrupt crypto exchange Voyager's assets for $1 billion, weeks after planned FTX deal failedCNBCBinance will acquire the crypto assets and customer deposits of Voyager Digital in a $1.02 billion deal, weeks after a planned FTX-Voyager acquisition failed.
3y agoBUSD.CM BNB.CM FTT.CMBinance CEO Zhao brushes off $2.1 billion FTX clawback concernsCNBCBinance CEO Changpeng "CZ" Zhao brushed off questions about whether the exchange would be able to handle a potential $2.1 billion clawback of FTX funds.
3y agoFTT.CMNew FTX CEO is getting paid $1,300 an hour, and customers will foot the billCNBCOverall, Ray and his three-person team are taking home $4,225 an hour.
3y agoFTT.CM AMZN GOOGLBahamas attorneys file emergency motion in FTX case for access to databases with client informationCNBCLawyers for Bahamian regulators asked a judge in Delaware bankruptcy court to allow them access to FTX data so they can locate assets and information.
3y agoUSDT.CM MATIC.CM ADA.CM DOGE.CM+2Jim Cramer urges investors to exit crypto – ‘it’s never too late too sell’CNBCThe collapse of FTX, the bankrupt cryptocurrency exchange that was worth $32 billion at its peak, has thrown the crypto space under intense scrutiny.
3y agoBTC.CM FTT.CMSam Bankman-Fried could face years in prison over FTX's $32 billion meltdown — if the U.S. ever gets around to arresting himCNBCFTX founder Sam Bankman-Fried remains in the Bahamas, even as regulators are rumored to be building a case against him. Why isn't he in jail yet?
3y agoBTC.CM FTT.CMDOJ asks for independent probe into FTX bankruptcy, a likely tactic to gather evidence on alleged fraudCNBCFTX's bankruptcy protection case requires an independent review, the DOJ said in a court filing. It could be used to gather evidence on alleged fraud.
3y agoVYGVQ FTT.CM BTC.CMHow FTX 'death spiral' spelled doom for BlockFi, according to bankruptcy filingCNBCFTX was supposed to be BlockFi's savior, not their undoing, but BlockFi's Chapter 11 filing stretches back to spring 2022, beginning and ending with FTX.
3y agoFTT.CMCrypto firm BlockFi files for bankruptcy as FTX fallout spreadsCNBCBlockFi was one of the first firms to be "rescued" by former billionaire Sam Bankman-Fried's FTX earlier this year.
3y agoFTT.CM BTC.CM SOL.CMBahamas regulators confirm they're holding some of FTX's assetsCNBCFTX regulators in the Bahamas conceded that they had seized FTX digital assets after being accused of doing so by FTX's U.S. attorneys in an emergency filing.
3y agoFTT.CMFTX suggests Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy: filingCNBCFTX lawyers said Bahamian regulators directed Sam Bankman-Fried to transfer digital assets to the custody of the Bahamian government.
3y agoFTT.CMEmojis for expenses, penthouses and slipshod accounting: The most damning details from new FTX CEO's reportCNBCA filing from FTX's new CEO reveals a culture of permissiveness and laxity, where expenses were approved with emojis and company funds paid for employee homes.
3y agoBTC.CM FTT.CMFTX used corporate funds to purchase employee homes, new filing showsCNBCCorporate funds were used by FTX to purchase homes for the benefit of FTX employees, a bankruptcy filing from new CEO John Ray III said.
3y agoBTC.CM FTT.CMNever seen 'such a complete failure' of corporate controls, says new FTX CEO who also oversaw Enron bankruptcyCNBCNewly appointed FTX CEO John Ray III excoriated Sam Bankman-Fried, declaring he had never seen such a failure of corporate controls or trustworthy information.