Bitcoin24h $111,523.20-0.22%

Ethereum24h $4,054.84-0.87%

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Solana24h $197.21-2.90%

TRON24h $0.3231+1.86%

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Hyperliquid24h $39.25-0.63%

Chainlink24h $18.50-0.75%

Exploring the similarities between crypto exchanges Binance and FTX

While the civil charges brought by the SEC against Binance and FTX are unique to each business, there are still some striking similarities.

Regulators say crypto lender Abra is insolvent and lied about FTX exposure

Abra has supposedly directed investors to open accounts at Prime Trust, despite the firm lacking a money transmission license in Texas.

FTX wants to claw back $2B given to GGC by SBF’s Alameda Research and more than $1.62B that was withdrawn from FTX before it went bust.

An FTX influencer was avoiding lawyers — forcing the court to approve Twitter as an appropriate channel to serve him a lawsuit.

Sam Bankman-Fried’s second favorite game Storybook Brawl, acquired last year, may still have a storybook ending despite the closure.