FTX


Vidéos

Bankman-Fried's FTX Empire Holds $1.2B Cash Reserves; Senators Ask Fidelity to Reconsider Bitcoin 401(k)

Sam Bankman-Fried's FTX empire has $1.2 billion in cash as of Nov. 20, far below the $3.1 billion it owes its top 50 creditors. Fidelity should reconsider allowing retail clients exposure to bitcoin in their retirement accounts in light of the FTX collapse, said three Democratic senators in a letter on Monday. Bitcoin miner Core Scientific (CORZ) ended October with $32.2 million in cash and 62 BTC ($975,000), reiterating it may run out of money before the end of the year.

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Vidéos

FTX Creditors' Information Can Be Redacted, for Now

Delaware District Court Judge John Dorsey approved a motion on an interim basis allowing crypto exchange FTX to redact information including names and addresses on its creditor matrix during a hearing Tuesday. Wilk Auslander LLP Partner Eric Snyder discusses the latest in FTX's bankruptcy.

Recent Videos

Finance

On-Chain Data Shows Close Ties Between FTX and Alameda Were There From the Start: Nansen

Niklas Polk, a research analyst at the analytics firm, discusses its latest report, and what on-chain data reveals about the wallets used by FTX and Alameda.

Members of the Nansen team. (Nansen)

Marchés

Crypto Market Analysis: Investors See Few Encouraging Signs

Relative Rotation Graphs, a visual tool to capture trends in assets, do not show many signs of hope, even for cryptocurrencies that rose significantly over the last three months.

(Shutterstock)

Finance

Genesis Global Capital Has Hired Investment Bank Moelis to Explore Options Including Bankruptcy: New York Times

Separately, the CEO of Genesis' parent company disclosed that it had a roughly $575 million liability to Genesis.

(Genesis Trading, modificado por CoinDesk)

Juridique

FTX Bankruptcy Judge Says Creditor Information Can Be Redacted – at Least for Now

John Dorsey said Tuesday that he wants to ensure FTX’s individual creditors are protected from cyber threats.

(Leon Neal/Getty Images)

Vidéos

CZ Denies Report Binance Met With Middle East Investors for Crypto Recovery Fund

Binance CEO Changpeng "CZ" Zhao has been meeting with investors in Abu Dhabi, seeking cash for the exchange's crypto recovery fund, according to a Bloomberg report. However, Zhao tweeted a reply that the report was "false" shortly after. "The Hash" panel weighs in on the latest with the FTX contagion concern and Binance's initiative to contribute to the broader crypto industry.

Recent Videos

Juridique

US Senators Ask Fidelity to Reconsider Bitcoin 401(k) Offerings Following FTX Collapse

Fidelity now allows companies to offer its digital assets account as part of their 401(k) line up.

(Alexi Rosenfeld/Getty Images)

Finance

El CEO de Binance busca inversiones en Oriente Medio para un fondo de recuperación del mercado cripto, según reporte

Binance planea poner en marcha un fondo de recuperación para asistir a los proyectos con fundamentos sólidos que están sufriendo problemas de liquidez.

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Juridique

Lawyers Detail the ‘Abrupt and Difficult’ Collapse of FTX in First Bankruptcy Hearing

FTX’s lawyers say former CEO Sam Bankman-Fried ran the exchange like his own “personal fiefdom,” allowing executives to use customer funds to purchase luxury real estate.

(Leon Neal/Getty Images)