Bankruptcy papers have revealed that FTX's accounting standards were so lax that employees submitted business expenses and invoices via Slack, where they were rubber-stamped by a flurry of emojis.
Ftx
The Securities and Exchange Commission (SEC) has charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former CTO of FTX Trading Ltd. (FTX), for their roles in a multiyear scheme to defraud equity investors in FTX, the crypto trading platform co-founded by Samuel
Sam Bankman-Fried (SBF), the founder and former CEO of collapsed crypto exchange FTX, has been taken into custody in the Bahamas at request of US government prosecutors.
John J. Ray, the lawyer known for taking over Enron after its collapse has been put in charge of failed crypto exchange FTX, founded and run by Sam Bankman-Fried.
Analysts at JP Morgan have suggested Bitcoin could fall to $13,000 (£11,040) amid the recent market instability. After this week's collapse of FTX, which was one the largest bitcoin exchanges by volume often handling over $1 billion (£850 million) in daily transactions, the cryptocu
Former FanDuel executives have launched a new company, BetDEX, positioned to be the world’s first decentralised sports betting protocol, while securing the largest ever seed investment round by a UK startup. The $21 million investment round is led by San Francisco-based crypto investment firm