FTX Users Try Everything to Get Their Money Off the Crypto Exchange
FTX users have been desperately trying to get their funds out, including through NFT purchases and Tether withdrawals.
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FTX users have been desperately trying to get their funds out, including through NFT purchases and Tether withdrawals.
Sam Bankman-Fried transferred at least $4 billion from FTX, including customer funds, to help prop up his Alameda trading arm, Reuters reported.
Crypto markets continued to reel from Binance's surprise deal to take over FTX.
"Regulators will scrutinise exchanges even more. Licenses around the globe will be harder to get," Changpeng Zhao said in a memo to Binance employees.
The inquiries began months ago, initially focused on FTX US and its crypto-lending activities, sources told Bloomberg.