Scoop: Crypto exchange Bitvavo owed up to $300M by Genesis
Bitvavo is due up to $300 million after Bahamas-based FTX collapsed, leaving Genesis Trading and Digital Currency Group owing $1.8 billion.
Results for Crypto, FTX
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From Alameda chief to bankrupting FTX, meet Caroline Ellison
Unlike Sam Bankman-Fried, Ellison has remained publicly silent since FTX's collapse and hasn't tweeted since early November.
Trouble in paradise: Bahamas fears FTX crash could hurt its rep
Politicians in the Bahamas are concerned that the collapse of FTX could damage the country's reputation as a finance and crypto hub.
Bermuda-based insurer Relm distances itself from FTX fallout
It's been reported that insurance policies provided by Relm for FTX and Alameda-related companies total in excess of $15 million.
BlockFi blames FTX for bankruptcy but lets bitcoin mining debt slide
Alongside the $275 million from FTX, BlockFi is also owed $54 million from bitcoin miner Core Scientific — but it hasn't called in that debt.
Alameda bought this obscure OTC desk to handle FTX banking
HiveEx, an over-the-counter trading desk, was purchased by Alameda Research in 2020 and then used to accept deposits for FTX.
Opinion: FTX fall stresses centralization vs decentralization debate
While decentralization is one of crypto's main tenets, it’s likely that more centralization could have stopped the fall of crypto giant FTX.
Online bank SoFi struggles amid FTX-inspired crypto probe
The bank is also facing a drastic drop in revenue after the White House once again froze student loan payments.
FTX owes $3B to 50 creditors including Genesis and BlockFi
According to filings, FTX owes at least $100 million to each of its 10 biggest creditors with the top 50 owed upwards of $20 million.
Grayscale and MicroStrategy struggles hint at hard times for crypto
With the fallout from FTX's collapse still being felt, there are signs that, for crypto markets, things may get worse before they get better.