CZ on brink of second bailout for crypto
Changpeng Zhao has announced that Binance Labs will be launching an industry recovery fund to stem the damage of the FTX collapse.
Changpeng Zhao has announced that Binance Labs will be launching an industry recovery fund to stem the damage of the FTX collapse.
The Bahamas’ Security Commission froze FTX International’s assets yesterday while insisting that Bahamian accounts be able to withdraw funds.
Crypto exchanges FTX and FTX US, trading firm Alameda Research, and over 100 related entities have declared Chapter 11 bankruptcy.
A server outage at cold wallet provider Ledger had users panicking amid FTX’s downfall. Ledger’s tweet reminded some of Sam Bankman-Fried.
Justin Sun says he has a grand plan to help token holders caught up in the collapse of FTX. Unfortunately, he’s not revealed what it is.