Bitcoin24h $113,595.55-1.23%

Ethereum24h $4,181.97-1.30%

XRP24h $2.89-4.36%

BNB24h $835.93-0.70%

Solana24h $180.73+0.41%

TRON24h $0.3496+0.52%

Dogecoin24h $0.2128-2.36%

Cardano24h $0.8503-8.12%

Chainlink24h $24.56+0.77%

Hyperliquid24h $41.80-0.76%

New FTX chief describes the firm’s collapse in bankruptcy testimony

Recently appointed FTX chief John J. Ray III explains where missing customer funds went in his latest statement to US officials.

Kevin O’Leary made $4.3M in profit on FTX investment despite claimed loss

The Shark Tank TV star has previously been open about his FTX dealings, however, he never disclosed the sums FTX were paying him.

Gemini Earn might not have had direct exposure to FTX, but it did have funds with Genesis Trading which, in turn, had funds at FTX.

Unlike Sam Bankman-Fried, Ellison has remained publicly silent since FTX’s collapse and hasn’t tweeted since early November.

Politicians in the Bahamas are concerned that the collapse of FTX could damage the country’s reputation as a finance and crypto hub.