Page 2 - Ftx Us News Today

FTX's new bosses said its US affiliate held just $181 million in crypto, but its former CEO repeated his claim it's solvent and can release customers' funds.

Brett Harrison said Saturday that Bankman-Fried "responded at times with gaslighting and manipulation" when criticized.

Ex-FTX.US president Brett Harrison has pulled back the curtain on problems at now-bankrupt FTX and "insecure" Sam Bankman-Fried in a long Twitter thread.

"Decisions impacting the U.S. would come, without warning, from the Bahamas," says Brett Harrison, who headed FTX US for 17 months.

"FTX International and Alameda were both legitimately and independently profitable businesses in 2021, each making billions."

The tweet from Brett Harrison, former president of FTX US, comes as US fraud investigators dig deeper into what execs at the crypto group knew.

The culprit behind the FTX hack, if caught and proven guilty, could face up to 10 years of imprisonment.

In our first half recap of the year in crypto, we run back FTX's massive valuation, OpenSea's peak, Terra's collapse, and regulatory talk.

The crypto exchange told customers to wire money to North Dimension, which appears to have been a fake electronics site full of misspellings.

Lots of people are asking why ex-FTX CEO Sam Bankman-Fried isn't behind bars. Legal experts explain here the reasons.