Tag: FTX

FTX crypto exchange founder Sam Bankman-Fried on June 23, 2022. — Getty Images via AFP

FTX Bankruptcy: Sam Bankman-Fried, from Crypto Hero to Zero

Jason PlantLeave a Comment on FTX Bankruptcy: Sam Bankman-Fried, from Crypto Hero to Zero

PORTRAIT: The bankruptcy of the cryptocurrency exchange platform, FTX sends shock waves throughout the sector, and its young founder finds himself in the crosshairs of justice It is an earthquake with endless aftershocks. The fall of crypto empire FTX , which went bankrupt last Friday after running out of cash, raises fears of a long-lasting nuclear winter for a […]

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Illustration du Bitcoin. — Kin Cheung/AP/SIPA

Cryptocurrencies: Binance Gives Up Buying the FTX Trading Platform in Great Difficulty

Jason PlantLeave a Comment on Cryptocurrencies: Binance Gives Up Buying the FTX Trading Platform in Great Difficulty

NO RESCUE: Binance boss says FTX asked him for help due to ‘significant liquidity crisis’ The hope of rescue will have fizzled. The Binance cryptocurrency platform, which announced on Tuesday that it was considering buying FTX.com to help it out of serious difficulties, indicated on Wednesday that it was finally abandoning the transaction. After conducting an audit […]

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