Are Binance.US Assets Commingled With Binance's?
The FTX implosion essentially came down to its seemingly reckless way of mixing its assets (read: customer deposits) with sister
Source: thedeepdive.ca
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FTX, one of the world's largest crypto exchanges, just filed for bankruptcy
FTX has just filed for bankruptcy following numerous reports about liquidity issues and insolvency at its trading firm Alameda. Founder and CEO Sam Bankman-Fried has also resigned.
Source: mashable.com
The Death of a Statesman
Earlier in the year, I began to worry about a central player in the cryptocurrency market - Sam Bankman-Fried (SBF), CEO of cryptocurrency exchange FTX and, more importantly, crypto investment firm Alameda Research. His entry in the Forbes Billionaires List
Source: substack.com
The Sam Bankman-Fried empire crumbled. What happened? (part one)
Shorter title: SBF, FTX, WTF?
Source: mollywhite.net
Binance plans to acquire competing crypto exchange FTX
Crypto exchange Binance tentatively plans to buy out one of its biggest competitors, FTX, after reports show the latter was in the midst of liquidity problems.
Source: mashable.com