Tag: FTX collapse

Cryptory.net - During the trial of United States v Sam Bankman-Fried, attorneys delivered their closing arguments. This legal proceeding centers around the collapse of FTX, with prosecutors accusing the founder of constructing his cryptocurrency empire through deceptive means, often referred to as a "pyramid of lies."

Cryptory.net - The downfall of the FTX founder started on November 2, 2022. One year later, jurors are now ready to begin deliberating on his fate. Interestingly, this coincides with a time when the value of the SOL tokens owned by FTX has increased by an additional $1 billion.

Cryptory.net - Is Sam Bankman-Fried a criminal mastermind or a hapless individual? This article provides an insightful examination of the ongoing trial proceedings surrounding him.

Cryptory.net - FTT’s price has more than doubled following the news that the crypto exchange FTX could reopen if significant capital is raised.

The cryptocurrency mining craze seems to have come to an end as crypto miners are closing up farms across Asia.

According to local media reports, Hong Kong police have arrested two executives of cryptocurrency exchange AAX on charges of fraud and deceiving the police.

Daily crypto trading volume on Binance fell to $9.39 billion on December 23, the lowest level since October 2020, according to data from Nomics.

Compared to Ethereum, it is clear that there are many ways for Solana to reach the level of the second-largest crypto network.

Cryptocurrency lending platform BlockFi is the latest name in the crypto space to collapse after filing for Chapter 11 bankruptcy.