FTX

Some people are using SBF's alleged crimes to indict the crypto industry writ large. It's easy to understand why. FTX was unregulated (because the government hadn't yet figured out how to regulate it), and this lack of regulation allowed SBF to do pretty much whatever he wanted; apparently, he had some very creative ideas about how to use other people's money. Continue Reading →

Sam Bankman-Fried (SBF), who some have dubbed "Sam Bankrun-Fraud," was arrested in the Bahamas on Monday after the U.S. filed criminal charges that it expects to unseal Tuesday morning. The disgraced founder of crypto exchange FTX (one of the world's largest) will likely be extradited to the U.S. Continue Reading →

The saying, "Not your keys, not your coins" is a truism amongst seasoned blockchain users. It means that if your private keys are not in your own digital wallet (preferably a hardware wallet), you do not actually own your cryptocurrency or NFTs or any other asset stored on a blockchain you believe you own. Continue Reading →

Should you care about a couple of crypto companies going bankrupt? Shelly Palmer speaks with Dan Bowens and Tashanea Whitlow on Fox 5's Good Day New York about what happened with SBF, FTX, and Alameda Research. Continue Reading →

FTX Trading Ltd. CEO Sam Bankman-Fried (SBF) has resigned. FTX.com (formerly the second-largest crypto exchange in the world), West Realm Shires Services Inc (FTX U.S.), Alameda Research Ltd., and approximately 130 additional affiliated companies (the FTX Group) have filed for bankruptcy protection in the U.S. John J. Ray III has been appointed CEO of the FTX Group. Even if you've never invested a penny in crypto (or even thought about it), the value destruction wrought by SBF is going to have an impact on how you spend your day. Continue Reading →

Cryptocurrency exchange FTX is on the brink. It may fail today. It may fail tomorrow. Unless someone steps in with enough cash to save it, it will fail. Continue Reading →

Yesterday, while all eyes were (and are) on election results, a battle between two centralized cryptocurrency exchange owners suckerpunched the world of decentralized finance, destroying billions of dollars of market cap in the process. Continue Reading →

Crypto exchange FTX is set to launch a U.S.-exclusive NFT marketplace. The platform will enable users to mint, buy, and sell NFTs — all traded cross-chain across the Ethereum and Solana blockchains. Deposits and withdrawals are also expected to be launched in the coming weeks, opening up the capability of depositing external NFTs onto the platform. Continue Reading →