FTX Insiders Served Subpoenas Over Fallen Crypto Exchange's Financial Dealings
FTX bankruptcy proceedings have taken another twist after the company’s insiders were all hit with fresh subpoenas.
decryptFTX bankruptcy proceedings have taken another twist after the company’s insiders were all hit with fresh subpoenas.
decryptInstitutional crypto trading platform FalconX disclosed in a company blog post today that 18% of its "unencumbered cash equivalents" remain locked on FTX.
decryptCRO is trading above long-term support at $0.06. The weekly and daily RSI are bearish.
BeincryptoThe broker sees a significant liquidity impact on the crypto market in coming weeks, which will hurt the smaller tokens.
CoindeskIn the last few months, the company has reportedly cut over one-quarter of its staff, and concern has mounted since FTX’s collapse last week.
OthersProminent sports sponsorships signed by FTX are now falling through with the collapse of the company.
BeincryptoFTX.US is no longer part of the Crypto Council for Innovation, an industry lobby group.
OthersCrypto exchange FTX President for its U.S. subsidiary Brett Harrison announced his resignation from his position.
BitcoinistRobinhood, the discount brokerage that promotes cryptocurrency trading among mainstream users, is said to be in trouble.
CointelegraphCrypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.”
Cointelegraph