Solana’s close ties to FTX cause financial and structural damage
Since it became clear that FTX and Alameda were struggling, the price of SOL has dropped over 50%, far greater than other network tokens.
5,249 stories, newest first
Since it became clear that FTX and Alameda were struggling, the price of SOL has dropped over 50%, far greater than other network tokens.
The audit details how Luna Foundation Guard moved more than 52,000 bitcoin from its reserves to Jump Trading to defend the price of TerraUSD.
Genesis Trading's crypto lending platform has shut down withdrawals amidst contagion from the collapse of FTX.
Sam Bankman-Fried says he's gearing up for some kind of "restart" but the troubled former billionaire may have to look beyond crypto.
Robinhood customers have assets held and transactions processed by a labyrinth of opaque service providers, including Jump Crypto.
In the past year, Bankman-Fried has deleted a handful of tweets that didn't age well, including a diss about Binance chief CZ.
FTX supremo Sam Bankman-Fried and his co-founder Gary Wang were reportedly snared before they could flee the Bahamas for Dubai.
The UK Parliament Treasury Committee began its inquiry by grilling Binance, Ripple, and Galaxy execs on FTX, bad actors, and regulation.
Even Elon Musk thinks Sam Bankman-Fried's political giving can save him from investigation. However, FTX's donations transcend parties.
Sam Bankman-Fried's heavy-handed influence on Washington has left lawmakers reassessing the effects of crypto lobbying.