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.
The Bahamas’ Security Commission froze FTX International’s assets yesterday while insisting that Bahamian accounts be able to withdraw funds.
As relations between Binance and FTX, two of the crypto space’s biggest players continue to deteriorate, we look at how things got this bad.
According to BlockchainCentre.net, MicroStrategy’s 130,000 bitcoins are worth $2.7B — impressive if it hadn’t spent $4B on acquiring them.
Alameda Research reportedly has immense exposure to illiquid assets like FTX token, with billions of dollars in loans.
The yacht, once known as ‘MUCH WOW,’ was originally ordered by 3AC founders Su Zhu and Kyle Davies but they couldn’t afford the payments.