Scaramucci to invest in crypto firm founded by former FTX US boss
It is understood the crypto software company will enable crypto traders to create algorithmic-based strategies to access different markets. Go to Source Powered by WPeMatico
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Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread
The former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role at FTX US, Harrison worked with SBF at Jane Street and prior to joining FTX, he worked for Citadel Securities. In the Twitter … Read more
Former FTX US President lashes out at ‘insecure’ SBF in 49-part Twitter thread rant
Harrison said Bankman-Fried threatened to fire him on the spot and would destroy his professional reputation if he continued to confront the former FTX CEO. Go to Source Powered by WPeMatico
SEC files objection to Binance.US’s plans to acquire Voyager Digital
The SEC wants to see more information included in the $1.022 billion deal between Binance’s U.S. arm and Voyager Digital before it agrees to the acquisition. Go to Source Powered by WPeMatico
FTX ex-staffer: Extravagant expenditures and cult-like worshipping of SBF
A former FTX employee has revealed details regarding the lavish expenditures of the exchange as well as its intense company culture. Go to Source Powered by WPeMatico
FTX-Hosted NFTs Point to Broken Metadata, Issue Illuminates Flaws With NFTs Tied to Centralized Clouds
On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata, and the links now point to FTX’s restructuring website. Specific collections that were minted on the Solana blockchain via the FTX US NFT platform do not show the NFT’s imagery and marketplace listings on the … Read more
Bankman-Fried on the hook in Texas, called to appear at Feb. hearing
The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against SBF and FTX US. Go to Source Powered by WPeMatico
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 The majority of the withdrawn cryptocurrencies were sent to wallets owned by FTX International, “suggesting that Alameda may have been operating to bridge between the two entities,” crypto intelligence firm Arkham said. … Read more
Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs
The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US, as part of a wider probe into FTX’s collapse. Go to Source Powered by WPeMatico
Paradigm co-founder feels ‘deep regret’ investing in SBF and FTX
Some challenged whether the multi-billion dollar venture capital firm did enough due diligence on FTX prior to investment. Go to Source Powered by WPeMatico
