Sam Bankman-Fried (Probably) Won’t Get a 115-Year Prison Sentence
The FTX founder will be defending himself against wire fraud and conspiracy charges. Here’s what that means. If he’s convicted of wire fraud and/or conspiracy…
Tag: FTX
Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved
The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus.…
Bitcoin Short Squeeze Lifts Prices Back to $26K
A short squeeze refers to a price rally driven by an unwinding of bearish bets. Bitcoin (BTC) jumped to nearly $26,000 during the asian trading…
Bitcoin Drops Below $25K With Altcoins Bracing for Deeper Crash from FTX Crypto Sale
Alternative cryptocurrencies could take a hit as FTX looks to shed its $3.4 billion stash of digital assets, crypto services provider Matrixport noted. Crypto markets…
Bitcoin Faces Low Risk of ‘Liquidations-Induced’ Price Volatility After 70% Surge
Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets. They often exacerbate price moves. Bitcoin (BTC)…
CoinDesk Editorial: It Sure Looks Like the U.S. Is Trying to Kill Crypto
The federal government’s recent actions against crypto are – rightly or wrongly – widely perceived as a coordinated attempt to maim digital assets. This risks…
After FTX: How Congress Is Gearing Up to Regulate Crypto
Sam Bankman-Fried was crypto’s number one influencer in Washington. Now the collapse of FTX is fueling a crackdown, says CoinDesk’s Jesse Hamilton. If familiarity breeds…
New FTX Head Says Crypto Exchange Could Be Revived: Wall Street Journal
John J. Ray III made the comment in his first interview since taking over FTX in November. The new head of FTX is exploring the…
A Large Crypto Market Maker Is Already Distancing Itself From New 3AC Venture
The co-founders of bankrupt crypto hedge fund 3AC said they are raising $25 million in seed round to “dominate” the crypto claims market and eventually…