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Tag: FTX

Tiffany Fong

Tiffany Fong: The Crypto Crime Fighter

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Tiffany Fong is not your typical journalist. She is a crypto influencer, a YouTube star, and a self-proclaimed “degenerate.”. She is also one of the few people who has access to Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, who is currently convicted for fraud and money laundering. Fong has been covering the collapse of FTX and Celsius, another crypto lending platform that went bankrupt, on her channel for...

Celsius, FTX, People in crypto, Sam Bankman-Fried

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FTX reboot

FTX Reboot: A Possibility or a Far-Fetched Dream?

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FTX may reopen its crypto exchange operations FTX has recovered $7.3 billion in cash and crypto assets FTX’s token more than doubled in price on the reports of a potential reboot FTX CEO John Ray first floated the idea of a possible reboot in January FTX’s Recovery FTX has recovered $7.3 billion, and the failed exchange could relaunch, lawyers say. “The situation has stabilized, and the dumpster fire is out,”...

Bankruptcy, Exchanges, Front page, FTX, Main, News, Sam Bankman-Fried

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Crypto Today: Bitcoin Holds Strong

Crypto Today: Bitcoin Holds Strong; Mining Industry Recovering; Ethereum Follows Suit

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Bitcoin Holds Strong  Even though 2022 was full of scandals and Sam Bankman-Fried’s FTX exchange failed, Bitcoin hasn’t changed much. The latest blow to the crypto space “does not seem to have a huge impact on crypto prices,” according to Julius de Kempenaer, senior technical analyst at StockCharts.com. Bitcoin is currently trading at around $23,400 and held strong above $23,500 after a volatile trading session. This is impressive...

Bitcoin, Blockchain, Cryptocurrencies, Ethereum, FTX, Silvergate

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Silvergate Bank - crypto

Silvergate Bank’s crisis affects several crypto platforms

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In Brief: Silvergate Bank warned that it may not be able to continue as a going concern due to its losses from the FTX exchange’s default. Several crypto platforms, including Coinbase, Paxos, Crypto.com and Galaxy Digital, have suspended their operations with Silvergate Bank as a precautionary measure. The bank’s share price plummeted by nearly 50% on Thursday, raising doubts about its survival and reputation in the crypto space. The...

Bankruptcy, Crypto regulation, Front page, FTX, Main

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Celsius crypto lender

Celsius Network Insolvent Since Inception

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A court-ordered investigation is looking into Celsius Network, a cryptocurrency lender that promised its customers a big 17% return on their deposits every year. The company’s failure was reportedly inherent in its business model, and its founder and CEO, Alex Mashinsky, has come under fire for fraud. “Extreme Market Conditions” In June 2022, Celsius halted withdrawals and transfers, blaming “extreme market conditions.”...

Bankruptcy, Celsius, Front page, FTX, Main, Sam Bankman-Fried

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