Tag: crypto
Swedish admits to global crypto fraud
In the summer of 2018, Sebastian Greenwood was arrested at his home on Koh Samui in Thailand and a few months later he was extradited to the United States. Since…
Sam Bankman-Fried, Binance, Do Kwon… In the world of crypto, the end of impunity
“Why isn’t he in jail yet?” Since the fall of the FTX cryptocurrency exchange on November 11, many aggrieved investors have wondered about the fate of its leader and founder…
30-year-old was considered a crypto genius, is said to have embezzled customer funds, is arrested
After the empire of the supposed crypto genius and FTX CEO Sam Bankman-Fried began to crumble in November, the next development followed: The 30-year-old was arrested by Bahamian authorities. Who…
FI sees a need for stricter crypto regulation
“At the moment, we assess the stability risks linked to crypto assets as limited, but it is an area we are keeping an eye on. The major risks we see…
Crashed crypto platform’s CEO speaks out about billion-dollar debt
At the same time, the US Treasury Secretary compares the crash to that of Lehman Brothers. When FTX was at its peak, the company was valued at $32 billion. Now…
Crashed crypto platform CEO speaks out
Sam Bankman-Fried, the former golden boy of the crypto world, has spoken out in a major interview for the first time since his crypto exchange FTX was forced to file…
The crypto company’s mountain of debt is growing – up to SEK 96 billion
It’s been less than two weeks since Sam Bankman-Fried’s cryptocurrency exchange filed for bankruptcy. According to FTX’s lawyers with whom the news agency Bloomberg has been in contact, there may…
Collapsed crypto empire fires top executives
Among the fired top executives is Gary Wang, one of the FTX founders who, under the deposed CEO and co-founder Sam Bankman-Fried, was chief technology officer, the newspaper reports The…
17-year-old YouTuber with huge reach wants to promote a crypto game to fans – but deal over $10 million is blown up
The only 17-year-old American Darren “IShowSpeed” Watkins is an Internet phenomenon. He has over 13 million subscriptions on YouTube, his song for the soccer World Cup has 19 million views,…
FTX files for bankruptcy, CEO resigns. Crypto in distress
(Finance) – Cryptocurrency Exchange FTX Has Started Procedures To Declare Bankruptcy In The US, So-called Chapter 11. The move comes just days after biggest rival Binance backtracked on its plans…