Focus on FTX Bankruptcy

How did a company valued at $32 billion go bankrupt almost overnight?

Latest News

2022-12-03
11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall
11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall
2022-11-25
Eight Things We Learned About FTX This Week
Eight Things We Learned About FTX This Week
2022-11-23
Musk: SBF Holding $100 Million Worth Of Twitter Shares Is False
Musk: SBF Holding $100 Million Worth Of Twitter Shares Is False
2022-11-23
Bankman-Fried Says Collateral Crashed by $51 Billion as FTX Fell
Bankman-Fried Says Collateral Crashed by $51 Billion as FTX Fell
2022-11-22
FTX Holds $1.24 Bln Cash Balance Before Bankruptcy Hearing
FTX Holds $1.24 Bln Cash Balance Before Bankruptcy Hearing
2022-11-22
Bankman-Fried's FTX, Parents Bought Bahamas Property Worth $121 Mln
Bankman-Fried's FTX, Parents Bought Bahamas Property Worth $121 Mln
2022-11-22
Bitcoin, Ethereum, Dogecoin Fall: Analyst Says More Blood Yet To Come As Genesis Crisis Adds To Crypto Carnage
Bitcoin, Ethereum, Dogecoin Fall: Analyst Says More Blood Yet To Come As Genesis Crisis Adds To Crypto Carnage
2022-11-22
Bitcoin’s Slide Pauses in Wait for Next Domino to Fall After FTX
Bitcoin’s Slide Pauses in Wait for Next Domino to Fall After FTX
2022-11-22
Coinbase Hits Record Low as Crypto Contagion Anxiety Intensifies
Coinbase Hits Record Low as Crypto Contagion Anxiety Intensifies
2022-11-21
FTX Says Top 50 Creditors Are Owed $3.1 Billion
FTX Says Top 50 Creditors Are Owed $3.1 Billion
2022-11-16
FTX Creditors May Number Over 1 Million As Regulators Seek Answers
FTX Creditors May Number Over 1 Million As Regulators Seek Answers
2022-11-14
FTX’s Freefall Into Bankruptcy Shows Why Case File Is Empty
FTX’s Freefall Into Bankruptcy Shows Why Case File Is Empty
2022-11-14
Visa Has Terminated Global Debit Card Agreements With FTX
Visa Has Terminated Global Debit Card Agreements With FTX
2022-11-14
At Least $1 Billion of Client Funds Missing at Failed Crypto Firm FTX
At Least $1 Billion of Client Funds Missing at Failed Crypto Firm FTX
2022-11-14
FTX Collapse Being Scrutinized By Bahamas Authorities
FTX Collapse Being Scrutinized By Bahamas Authorities
2022-11-12
A $32 Billion Crypto Empire Has Crashed. The Fallout Is Spreading Far Beyond Crypto
A $32 Billion Crypto Empire Has Crashed. The Fallout Is Spreading Far Beyond Crypto
2022-11-11
FTX’s Assets Frozen by Bahamas Securities Regulator
FTX’s Assets Frozen by Bahamas Securities Regulator
2022-11-11
FTX Looks for $9.4 Bln in Rescue Funds From Investors, Rivals -Source
FTX Looks for $9.4 Bln in Rescue Funds From Investors, Rivals -Source
2022-11-10
Sequoia Capital Writes Down Entire Value of Its FTX Stake
Sequoia Capital Writes Down Entire Value of Its FTX Stake
2022-11-10
FTX Warns of Bankruptcy Without Rescue for $8 Billion Shortfall
FTX Warns of Bankruptcy Without Rescue for $8 Billion Shortfall
2022-11-10
U.S. Regulator Probes FTX Over Handling of Client Funds - Source
U.S. Regulator Probes FTX Over Handling of Client Funds - Source
2022-11-10
FTX CEO Looking at All Options As Binance Deal Collapses
FTX CEO Looking at All Options As Binance Deal Collapses
2022-11-10
How Binance, FTX Deal Rocked the Crypto World and Then Collapsed
How Binance, FTX Deal Rocked the Crypto World and Then Collapsed
2022-11-10
Binance Backs Out of FTX Rescue, Citing Finances, Investigations
Binance Backs Out of FTX Rescue, Citing Finances, Investigations
2022-11-09
Bitcoin Prices Drop to Two-Year Low on FTX-Binance Deal Concerns
Bitcoin Prices Drop to Two-Year Low on FTX-Binance Deal Concerns
2022-11-09
FTX Token: Another One Bites The Dust
FTX Token: Another One Bites The Dust
2022-11-09
Coinbase CEO Says Trading Activity Rising, No Plan to Buy FTX US
Coinbase CEO Says Trading Activity Rising, No Plan to Buy FTX US
2022-11-09
Cryptocurrencies Plunge as Doubts About FTX-Binance Deal Grow
Cryptocurrencies Plunge as Doubts About FTX-Binance Deal Grow
2022-11-09
Power Move: The Shocking Mega-Deal That Has Rattled the Crypto World
Power Move: The Shocking Mega-Deal That Has Rattled the Crypto World
2022-11-08
Cryptocurrencies Slide As Concerns Over FTX Exchange Rattle Markets
Cryptocurrencies Slide As Concerns Over FTX Exchange Rattle Markets

User Discussion

avatarGggSlimeR
2023-01-03
Thanks & Do not like my comment 
avatarTiger_AU
2022-12-14

Cryptocurrencies: Have they bottomed out?

Hey Aussie,The crypto industry remains mired in a deep downturn after a $US2 trillion rout in digital assets over the past year. The slide has been pockmarked with a series of blowups of which FTX, once valued at $US32 billion, was perhaps the most damaging.Binance Holdings, the dominant cryptocurrency exchange, has been hit by large outflows as traders move to take custody of their tokens amid revelations that rival FTX may have misused customer funds before its November implosion.Net outflows of digital tokens from Binance amounted to about $US3.7 billion ($5.4 billion) in the past week, including almost $US2 billion in the last 24 hours, according to data from research firm Nansen as of 9.20am on Tuesday in London.What do you think about cryptocurrencies?💡Share Your InsightsPlease leave
Cryptocurrencies: Have they bottomed out?
avatarSaun
2022-12-02
Thanks
avatarJC888
2022-11-25

Crypto exchange FTX saga - its that Bad ? Find out here !

https://www.nasdaq.com/articles/everything-you-need-to-know-about-the-ftx-meltdownPrecursor : please read linked article and form your own opinion first ok. Thanks.Certainly by now, every investor would have come across news on FTX - World's ex-2nd largest crypto exchange.  The news article managed to successfully provide a "personal", yet "objective" overview of how the entire saga unfolded. In addition, if sufficient news articles are read - some will become the missing pieces; that will eventually completes this "Huge" jig-saw mess that is still unravelling; even as I composed.Simply put this is a case of a brilliant person becoming "too smart" for his & her own good.Like all "inspiring" success stories (Facebook, Apple); it had always, always started small & in m
Crypto exchange FTX saga - its that Bad ? Find out here !
avatarPrakesh
2022-11-25
Nice
Live: The Next Crypto Domino to Fall is...
Live: The Next Crypto Domino to Fall is...
avatarTiger_story
2022-11-10

FTT Crashed: Another Luna? The Battle Between FTX & Binance

Recently, cryptocurrency continued to crash due to the crisis of FTX. The value of the FTT and capital of founder Sam Bankman-Fried all vaporated.Behind this tragedy, it's the battle between the industry giant and the nova. Binance is the largest exchange in the world in terms of daily trading volume of cryptocurrencies. FTX is also an extraordinary player in the crypto industry. Since its launch in 19, FTX has gained the favor of Temasek, Softbank and many other institutions. This summer, FTX acquired several cryptocurrencies in deep crisis, acting as the lender for the cryptocurrency community. The story begins 1.&
FTT Crashed: Another Luna? The Battle Between FTX & Binance