The SECGov and CFTC are looking into FTX_Official's handling of customer funds, according to Bloomberg, despite Sam Bankman-Fried’s protests this week that nothing was being reinvested. jackschickler reports
The inquiries by the Securities and Exchange Commission and Commodity Futures Trading Commission date back several months and started as a probe into the crypto lending activities of FTX's U.S. counterpart, FTX US. But the investigations are related to the issues that have caused FTX's current liquidity crisis and look at the relationship between FTX.com, its trading house Alameda Research and FTX US, according to Bloomberg's report.
On Tuesday, rival exchange Binance said it was planning to buy the non-U.S. business of FTX, citing a “severe liquidity crunch,” but there are now indications a review of FTX’s books has led to a
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTX founder Sam Bankman-Fried removes ‘assets are fine’ flood from TwitterThe community has been outraged about SBF deleting recent tweets about FTX, with many blaming the CEO for “blatant lies” about the status of assets on the exchange.
Read more »
CZ Says Binance Intends to 'Fully Acquire FTX,' Sam Bankman-Fried Confirms Transaction – Bitcoin NewsAfter all the speculation surrounding FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX.
Read more »
Solana Falls and Speculation Centers on Links to Sam Bankman-Fried’s FTX, AlamedaSolana’s SOL was a big loser in digital-asset markets on Sunday and Monday. Analysts speculate there might be a link to the recent drama surrounding Binance and Sam Bankman-Fried’s FTX and Alameda Research. _jocelynyang_ reports
Read more »
Sam Bankman-Fried Insists 'FTX is Fine' After Bombshell Report and Binance Liquidations | CoinMarketCapA flurry of speculation has hit FTT hard — and it has fallen by 14.5% over the past seven days. It's the worst-performing cryptocurrency in the top 30 by market cap.
Read more »
Podcast: Dark Clouds Form over FTX and Sam Bankman-Fried | CoinMarketCapOn today's CoinMarketRecap with Connor Sephton, we'll find out why the crypto markets have suffered a painful pullback overnight.
Read more »