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Tag: Trustworthy Financial

FTX was the “fastest” company collapse in American history, says U.S. Trustee.

The United States Trustee who is in charge of the bankruptcy case involving FTX has submitted a motion requesting that the court appoint an...

SBF Talks FTX Blowup, Drug Use and Net Worth at NY Times DealBook Summit 

The swift collapse of FTX was a “massive failure of oversight, of risk management,” disgraced founder Sam Bankman-Fried said in a live interview Wednesday...

Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed

Alameda Research reportedly withdrew the most funds from FTX US, the U.S. arm of FTX, days before the crypto exchange filed for bankruptcy. The...

Alameda Research withdrew $204M ahead of bankruptcy filing – Arkham Intelligence

Alameda Research withdrew over $200 million from FTX.US before it filed for bankruptcy, according to analysis from blockchain firm Arkham Intelligence disclosed on Nov....

Disgraced Crypto Trading Firm Alameda Research Moves $93,353,985 in Ethereum-Based Altcoins Into Single Wallet

Sam Bankman-Fried’s failed crypto trading firm Alameda Research appears to be consolidating crypto assets into a single wallet. The firm has steadily accumulated $93,353,985 worth...

South Korea, Singapore, Japan Top Countries Most Impacted by FTX Collapse: Report

A new analysis shows that the countries most impacted by the collapse of cryptocurrency exchange FTX are South Korea, Singapore, and Japan....

Cryptocurrency firm FTX’s fall pains industry, but Texas stays optimistic

FTX’s bankruptcy has been a painful setback for the industry. But many legislators, investors and enthusiasts remain believers in making Texas crypto’s top...

Market Analysis Report (21 Nov 2022)

Embattled cryptocurrency exchange FTX has said it owes almost $3.1 billion to its 50 largest creditors, and around $1.45 billion to its top 10...

FTX Hack Mystery Deepens with Statement from Bahamian Regulators

Bahamian regulators are not responsible for the $477M hack of bankrupt crypto exchange FTX on Nov. 11, according to blockchain research firm Chainalysis.Chainalysis is...

FTX Leadership Borrowed Over $1B From Alameda

Incoming CEO John Ray Cites ‘Complete Absence of Trustworthy Financial Information’ Former FTX CEO Sam Bankman-Fried and other executives at the now-bankrupt crypto exchange...

The fall of FTX and Sam Bankman-Fried might be good for crypto

“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information,” new...

“A Complete Failure Of Corporate Control,” Says New FTX CEO As He Unearths Even More Dirt Leading To The Collapse

Advertisement &nbsp &nbsp FTX’s new CEO expresses shock over how the company was run as he opens a can of worms. He referred to...

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