The hacker who raided Sam Bankman-Fried’s collapsed crypto exchange FTX is now one of the world’s biggest holders of the token Ether. A wallet linked with the exploit swapped about $49 million of stablecoins — mainly Dai — for Ether …
U.S. crypto investors sued FTX founder Sam Bankman-Fried and several celebrities who promoted his exchange including comedian Larry David, alleging they engaged in deceptive practices to sell FTX yield-bearing digital currency accounts. The proposed class action filed late Tuesday night …
The European Union is monitoring the collapse of crypto exchange FTX Group as the bloc tries to cross the finish line on adopting a broader set of regulations for digital assets. The bloc is examining whether the crisis has any …
The FTX crypto exchange (and more than 130 affiliates) filed for bankruptcy in Delaware. FTX was recently valued at $32 billion, and now it appears to be worth $0. The bankruptcy petition listed at least $10 billion in liabilities. The …
