FTX: Bankman-Fried claims he ‘basically forgot’ about account holding $8bn customer cash November 17, 2022 FTX founder Sam Bankman-Fried has launched an attack on regulators for failing to protect consumers today, even as he admitted he “basically forgot” about an account holding $8bn of customer’s cash.
Ed Warner: If Liverpool’s owners want to sell, expect more American buyers November 17, 2022 Ed Warner addresses why American investors are the most likely purchases of any Liverpool shares on the market, why England’s Rugby World Cup defeat was good for the women’s game, and cricket song choices with a sense of humour. Forty-three days without the Premier League. Three days in and already I’m suffering withdrawal symptoms. Yes, [...]
Bankman-Fried claims FTX has £7.6bn assets as bankruptcy shockwaves continue November 16, 2022 FTX founder Sam Bankman-Fried claimed that the firm still had $9bn (£7.6bn) in assets today as it scrambles to raise cash to pay back creditors following its collapse.
Digital Assets Week: A ‘DAW’ to the future November 16, 2022 Lord Holmes reports on an opportunity to share the current approaches being undertaken by the UK Government on crypto regulation.
OKX reveals £84m ‘market recovery fund’ after rebuffing FTX rescue November 16, 2022 A crypto exchange that rebuffed a rescue request from FTX has announced a $100m ‘market recovery fund’ to support ailing firms on the verge of collapse.
Crypto markets looking for a foothold as uncertainty continues November 16, 2022 Bitcoin is down less than a percentage point from yesterday, trading at $16,737 this morning, while Ethereum has shed 2.8%.
‘One-size-fits-all’ UK crypto rules won’t prevent an FTX repeat, Ripple warns November 15, 2022 The implosion of crypto exchange FTX has underscored the urgent need for a “comprehensive and nuanced regulatory framework” in the UK, crypto firm Ripple told City A.M. today.
Regulators circle Bankman-Fried as FTX predicts creditors could top one million November 15, 2022 Collapsed crypto exchange FTX expects to have more than one million creditors, the firm has revealed in bankruptcy filings, as regulators and policy makers circle founder Sam Bankman-Fried and look to stave off further collapses across the industry.
FTX’s 50 biggest creditors to be revealed by Friday, as administrators believe more than a million people may have claims November 15, 2022 The 50 largest creditors caught up in the collapse of cryptocurrency exchange FTX will be announced before the end of the week.
Cristiano Ronaldo NFT collection released by Binance November 15, 2022 Cristiano Ronaldo’s first NFT collection will become available this Friday as part of an exclusive, multi-year partnership with Binance.