Tag: ftx crash

Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang pleaded guilty to the collapse of FTX, Southern District of New York (SDNY) prosecutor Damian Williams announced on Wednesday.

FTT, the utility token used on the bankrupt exchange FTX, broke below the $1 support line on Monday, December 19, 2022.

Cryptory.net - Former CEO and founder of FTX, Sam Bankman-Fried, was arrested in Bahamas after US prosecutors filed a sealed indictment related to the collapse of FTX in November.

Cryptory.net - Liquid Global, the crypto exchange acquired by FTX in February, froze all trading operations just days after halting withdrawals on its platform.

Cryptory.net - On Sunday, the hacker converted 50K stolen Ethereum (ETH) to Bitcoin (BTC).

The quick collapse of one of the largest crypto exchanges has impacted significantly on investors’ sentiment. As confidence is shaken, and selling pressure is strong, who are the biggest sellers right now, long-term or short-term Bitcoin holders?

Cryptory.net - Genesis Trading, a well-known crypto lending platform, is said to have attempted to raise more cash before it suspended withdrawals.

Cryptory.net - The FTX hacker on Nov 12 continued to convert stolen tokens to Ethereum (ETH).

Cryptory.net - Even veteran billionaires in the financial and investment industries like Softbank’s Masayoshi Son also got burnt by the FTX crisis.