Bitcoin24h $99,128.40-6.01%

Ethereum24h $3,579.58-7.44%

XRP24h $2.18-14.75%

BNB24h $674.21-5.89%

Solana24h $201.26-8.36%

Dogecoin24h $0.3422-12.84%

Cardano24h $0.9228-12.05%

TRON24h $0.2534-9.49%

Avalanche24h $40.57-15.00%

Chainlink24h $23.65-15.97%

Ren Protocol told to transfer all assets to FTX debtors

DeFi’s rising star Ren Protocol was acquired by Alameda Research last year, but has since fallen prey to FTX’s bankruptcy woes.

Court filings reveal the lack of internal controls at FTX

An alarming report produced as part of FTX’s ongoing bankruptcy describes failures in cybersecurity, internal controls, and asset management.

A person familiar with the matter told Reuters that curly-haired former billionaire SBF will plead not guilty to bribe allegations.

Sam Bankman-Fried, formerly of FTX and Alameda Research, has been indicted for directing at least $40 million in bribes to Chinese officials.

FTX court filings reveal exec payouts weren’t too generous for Alameda Research co-CEO Ellison, and far less than co-CEO Sam Trabucco.