Russo Brothers and David Weil Set FTX Crypto Scandal Series at Amazon
Marvel directors Joe and Anthony Russo have teamed up with Hunters creator David Weil on a series about the collapsed bitcoin business and its embattled founder Sam Bankman-Fried (SBF) for Amazon.
US Lawmaker: FTX Collapse Isn’t a Crypto Failure — It’s a Failure of SEC, Bankman-Fried, Centralized Finance
U.S. Congressman Tom Emmer (R-MN) stated Tuesday that the implosion of cryptocurrency exchange FTX is not a crypto failure.
NYC Mayor Undeterred by FTX Collapse—Insists Crypto Is an Industry ‘We Must Embrace’
The mayor of New York City, Eric Adams, is not discouraged by the collapse of crypto exchange FTX and heavy market sell-offs.
"Dark Money" Finance of Citizens United and the Meltdown of FTX
There’s good reason to believe that FTX could have been brought down in a controlled glide, rather than a nose-first crash landing and ensuing fireball.
Texas Probe Eyes Tom Brady, Steph Curry, and Other Celebs in Endorsements of FTX
Texas is investigating celebrities who had endorsed FTX, the now-bankrupt cryptocurrency firm, for potentially violating state securities laws.
US Lawmaker: FTX Collapse Is a Failure of SEC, Bankman-Fried, and Centralized Finance
U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the bottom of this. We need to understand why Gary Gensler and the SEC were not doing their job,” the lawmaker stressed.
BitGo Recovered $740M Crypto Assets in FTX Bankruptcy So Far
The company tasked with locking down the assets in the failed cryptocurrency exchange FTX said they’ve managed to recover and secure $740 million in assets so far, a fraction of the potential billions that is likely missing from bankrupt company’s coffers.
BitGo to Take Custody of FTX Assets in Bankruptcy Procedure
Crypto custodian BitGo has been nominated as the official custodian to safeguard the remaining funds at FTX. Acting CEO John Ray III selected BitGo to take custody of the assets of the crypto exchange for the duration of the bankruptcy proceedings.
Sam Bankman-Fried Says He'll Speak at New York Conference
FTX founder Sam Bankman-Fried, who's mostly kept to making statements on Twitter amid the collapse of the crypto exchange he once ran, said he'd be speaking with New York Times columnist Andrew Ross Sorkin at the Nov. 30 DealBook Summit in New York.
Founder of EOS Developer Block.One Buys 9.3% of Crypto Bank Silvergate
Brendan Blumer, the founder of EOS developer Block.One, has <a href="https://www.sec.gov/Archives/edgar/data/1312109/000095010322020044/dp184614_sc13g-blumer.htm">bought 9.3% of crypto bank Silvergate (SI)</a>, while <a href="https://www.sec.gov/Archives/edgar/data/1312109/000095010322020044/dp184614_sc13g-blumer.htm">Block.One bought an additional 7.5%</a>, according to SEC documents filed on Wednesday. According to the filings, Blumer bought 2,934,537 shares of the crypto bank on Nov. 16 while Block.One bought 2,363,186 shares.