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Bahamian rhapsody: FTX users exploit loophole to withdraw crypto

The Bahamas’ Security Commission froze FTX International’s assets yesterday while insisting that Bahamian accounts be able to withdraw funds.

Former Enron chairman takes over SBF’s bankrupt crypto cartel

Crypto exchanges FTX and FTX US, trading firm Alameda Research, and over 100 related entities have declared Chapter 11 bankruptcy.

Ackman praised FTX chief Sam Bankman-Fried for his “accountability” on Twitter… then quickly deleted the tweet.

In its newsletter, Bitcoin OpTech thanks responsible devs by detailing four years of fixing vulnerabilities without exploitation.

A server outage at cold wallet provider Ledger had users panicking amid FTX’s downfall. Ledger’s tweet reminded some of Sam Bankman-Fried.