With Sam Bankman-Fried reportedly under supervision in the Bahamas, crypto companies with ties to FTX are imploding. (Reporting via forgeforth_)
earlier this year, having since filed a $1.2 billion claim against the failed hedge fund. It’s unclear whether Genesis will survive the FTX meltdown, as it had $175 million worth of funds stuck on the exchange.In addition to BlockFi, SALT and Genesis Global, several companies were left holding the bag on FTX’s bankruptcy. Hedge fund Galois Capital isworth of crypto stuck on FTX.
New Huo Technology, which owns the Hong Kong crypto exchange Hbit, has been unable to withdraw $18.1 million of digital assets from FTX. Nestcoin, a Nigerian Web3 startup, has reported similar problems but didn’t disclose how much money was locked up on SBF’s exchange. FTX touched every corner of the cryptocurrency market, leaving millions of people exposed. More details will come to light in the coming weeks and months.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Bloomberg Crypto: Matt Levine Weighs In on the Post-FTX Crypto Ecosystem on Apple PodcastsIt's time to unpack the spectacular downfall of Sam Bankman-Fried's FTX. kgreifeld and VildanaHajric talk with matt_levine about a possible post-FTX crypto ecosystem on the Bloomberg Crypto podcast. Listen: Apple ➡️ Spotify ➡️
Consulte Mais informação »
The Fall of Crypto's Golden Boy - The Journal. - WSJ PodcastsUntil last week, FTX founder Sam Bankman-Fried was the face of crypto. Admirers saw him as an approachable, friendly billionaire eager to deploy his wealth for good. Then his crypto empire imploded, leaving hundreds of thousands of investors’ assets in doubt. WSJ’s Greg Zuckerman profiles the man behind FTX. Further Reading: -How FTX’s Sam Bankman-Fried Went From Crypto Golden Boy to Villain -FTX Tapped Into Customer Accounts to Fund Risky Bets, Setting Up Its Downfall -Alameda, FTX Executives Are Said to Have Known FTX Was Using Customer Funds -FTX’s Collapse Leaves Employees Sick With Anger Further Listening: -How Crypto Giant FTX Suddenly Imploded
Consulte Mais informação »
Gemini, BlockFi, Genesis announcing new restrictions as FTX contagion spreadsThe lending arm of the crypto investment bank Genesis Global Trading is pausing new loan originations and redemptions.
Consulte Mais informação »
As FTX-rescued BlockFi Flails, Voyager Digital Finds a White Knight | CoinMarketCapCrypto firms are looking to bid once again for bankrupt crypto lender, Voyager Digital’s assets, providing a path out of bankruptcy as FTX appears to be heading into Chapter 11.
Consulte Mais informação »
TSM FTX drops FTXFTX had signed a huge sponsorship deal with TSM.
Consulte Mais informação »
The FTX contagion: Which companies were affected by the FTX collapse?Some of the firms affected include Genesis, Sequoia Capital, Galaxy Digital, and Galois Capital.
Consulte Mais informação »