FTT

The cryptocurrency belonging to the defunct cryptocurrency exchange FTX (CRYPTO: FTT) dramatically jumped on Sunday, dwarfing the gains made by the rest of the market. What happened: FTT exploded more than 60% over the last 24 hours, turning out to be the market's biggest gainer by a mile. The coin...

Last November, Sen. Elizabeth Warren (D-Mass.) said the fallout of cryptocurrency exchange FTX (CRYPTO: FTT) showed a dire need for stringent regulations to protect consumers. What Happened: Warren cited a Wall Street Journal report on the Security Exchange Commission launching a...

Reeling from scathing criticism over his massive donations to the Democrats, the disgraced co-founder of cryptocurrency exchange FTX (CRYPTO: FTT) claimed he also made “dark donations” to the Republicans, which were not publicly known. In a phone call with Tiffany Fong, a...

Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here, new FTX CEO John J. Ray III said in scathing remarks of the mismanagement at bankrupt cryptocurrency exchange FTX. Ray, who was hired after...

The co-founder of the collapsed crypto fund Three Arrows Capital (3AC) says FTX founder Sam Bankman-Fried was allegedly “hunting” the fund's positions and colluding to bring it down. Kyle Davies on Wednesday said he was the biggest critic of the collapsed crypto exchange...

Curve, a payments firm, is in talks to acquire cryptocurrency lender BlockFi's 87,000 credit card customers, whose credit cards were frozen on Nov. 11. What Happened: According to a Curve spokesperson, negotiations between the two companies started on Nov. 12 and are still taking place. ...

Visa Inc (NYSE: V) has reportedly suspended its month-long partnership with the collapsed cryptocurrency exchange FTX (CRYPTO: FTT). What Happened: On Oct. 7, Visa and FTX partnered to offer FTX-branded Visa debit cards to customers internationally — with a focus on countries in Latin America...

Crypto.com erroneously sent more than 320,000 Ether (CRYPTO: ETH) worth around $400 million to competing cryptocurrency exchange Gate.io, on Oct. 21, according to the company’s CEO. This information was made public today after a Twitter user shared a screenshot asking why a significant amount...

As the cryptocurrency market attempts to get back on its foot in the aftermath of the FTX crisis, an analyst found that “whales don’t seem to be bothered much or panicking out of their positions.” What Happened: According to CryptoQuant analyst Tomáš Hančar, Bitcoin...

Edward Snowden hit out at Sam Bankman-Fried over his explanation of the crisis affecting FTX (CRYPTO: FTT) on Thursday. Snowden compared the entrepreneur with a child who has taken a trip to a cookie jar. What Happened: Snowden, a former U.S. intelligence contractor, referred to a series of tweets...

Sam Bankman-Fried, the founder of beleaguered  FTX and Alameda Research, was in the crosshairs of the author, mathematical statistician, and former options trader Nassim Nicholas Taleb. What Happened: The "Black Swan" author tweeted Bankman-Fried "got *temporarily* rich because he is [...

FTX (CRYPTO: FTT) CEO Sam Bankman-Fried reportedly told investors on Wednesday that he urgently needs $8 billion in emergency funding to cover withdrawal requests and avert bankruptcy. What Happened: In a call with investors, Bankman-Fried said he hoped to raise as...

The U.S. Department of Justice is reportedly looking into the FTX (CRYPTO: FTT) liquidity crisis and the turmoil surrounding the exchange’s founder, Sam Bankman-Fried. What Happened: The DoJ is closely working with the Security Exchange Commission (SEC) to investigate the FTX saga, ...

Allianz chief economic adviser and noted economist Mohamed El-Erian believes the whole FTX saga is incredible and that only part of it has come to light so far. “This whole story is already incredible — and I suspect only part of the drama has come to light so far. Will definitely be...

Prominent economist Nouriel Roubini has expressed his skepticism on the developments pertaining to the FTX saga questioning the bailouts in the cryptocurrency industry. “First FTX bails out collapsing crypto Ponzi scams. Now FTX is collapsing & being bailed out by Binance. But who...