Tag: FTX

On November 11, FTX filed for U.S. bankruptcy protection after being unable to reach an agreement to help the company resolve its financial difficulties. Many consider this to be the end of one of the top crypto exchanges. But is it all that simple?

Cryptory.net - Crypto exchange Crypto.com continues to be exposed to suspicious activities, proving it has a close relationship with FTX.

Cryptory.net - Many owners of FTX wallets have reported seeing $0 balances in their FTX.com and FTC US wallets.

Cryptory.net - FTX filed for Chapter 11 bankruptcy in the U.S., such a sad ending for one of the top exchanges.

Cryptory.net - FTX will not receive a bailout from Tether despite CEO Sam Bankman-Fried reportedly reaching out to multiple firms for help.

Crytory.net - Bitcoin bounced back strongly to above $17,000 that is giving a lot of hope to investors.

The whole cryptocurrency market is sinking toward bad news. Bitcoin fell 12% before 4:30 p.m. ET to just under $16,000, hitting a low not seen since November 2020, according to Coin Metrics.

Just a day after making the deal, leading cryptocurrency exchange Binance canceled its offer to rescue FTX.

Cryptory.net - FTX CEO wrote a letter to traders to apologize for a lack of communication about its financial dealings with Binance.