$107,319.00
-0.16%$2,434.28
-0.02%$2.20
3.88%$645.93
-0.01%$149.24
3.77%$0.999807
-0.01%$0.274075
0.53%$0.162757
0.73%$2,432.97
-0.05%$0.563183
1.08%$107,193.00
-0.21%$37.01
0.31%$2,941.37
0.00%$490.43
-3.26%$2.75
-1.50%$13.26
1.27%$9.09
0.50%$17.83
0.98%$0.238657
0.67%$0.999777
0.00%$2.83
-0.77%$47.56
3.51%$0.00001144
0.95%$86.82
2.65%$2,434.09
-0.06%$2,606.13
-0.03%$1.00
-0.03%$0.147284
0.02%$304.82
-1.40%$4.63
-0.32%$0.999983
-0.01%$3.37
-0.20%$107,320.00
-0.60%$7.09
2.24%$0.526605
-7.01%$0.00000938
0.60%$256.07
-3.05%$1.18
0.13%$4.80
-2.36%$50.13
0.16%$327.96
0.39%$1.00
0.00%$180.83
3.70%$2.13
1.02%$4.77
-0.53%$0.081023
0.21%$16.19
0.03%$1.057
0.02%$0.753762
-0.04%$0.99959
-0.05%$27.47
-1.00%$0.076773
2.92%$0.601728
0.59%$4.41
0.17%$15.48
-1.98%$4.01
2.14%$9.04
0.25%$0.02062354
0.17%$0.674105
-0.33%$106,645.00
-0.78%$0.079341
0.13%$3.19
-0.66%$0.263025
3.28%$0.176638
0.52%$0.283205
0.41%$106.55
6.32%$0.175451
0.09%$2.24
1.80%$4.45
1.48%$0.303889
-3.05%$0.997986
0.18%$0.880596
0.21%$2,435.64
-0.03%$0.999592
-0.03%$11.09
0.39%$157.99
3.71%$0.4318
5.40%$1.001
0.06%$1.20
-0.07%$0.01736741
-0.79%$1.25
5.08%$2,772.25
-0.13%$2,549.16
-0.04%$0.00001403
3.36%$1.075
5.30%$10.76
1.10%$1.00
0.00%$1.47
0.34%$0.659357
0.35%$0.999827
-0.04%$0.167962
-7.17%$0.308104
-0.72%$0.060289
0.39%$0.999438
-0.01%$1.46
-0.91%$0.545089
1.62%$2,602.10
-0.10%$3,294.45
0.06%$1.11
0.02%$2,554.97
-0.04%$107,162.00
-0.25%$645.95
-0.08%$2.95
-0.55%$107,821.00
-0.71%$0.817964
4.94%$2,560.29
-0.08%$0.082576
1.45%$107,202.00
-0.10%$3,281.58
0.01%$0.01279732
20.82%$0.422073
1.42%$0.497815
0.24%$167.39
3.94%$2.18
12.08%$194.72
3.93%$2.21
1.89%$111.60
0.02%$0.513066
-0.45%$0.00007229
1.23%$2,628.51
-0.15%$0.998465
0.00%$0.666551
-0.11%$0.01325332
1.50%$0.71307
1.38%$1.091
0.67%$0.747202
-5.28%$106,898.00
-0.17%$0.01375934
1.23%$38.21
-2.17%$18.54
-0.46%$0.569665
-7.63%$30.62
-1.46%$0.155726
0.44%$0.997907
-0.00%$0.239754
-0.80%$0.00000059
0.99%$0.222532
0.54%$3.52
1.26%$37.04
0.50%$0.097334
2.46%$107,097.00
-0.16%$2.08
3.52%$0.527808
-1.27%$2,435.57
0.04%$2,434.87
0.01%$0.0081471
-4.94%$0.38389
-0.03%$0.513758
-1.51%$0.322763
0.02%$2,605.86
0.02%$2,542.93
0.80%$107,327.00
-0.08%$0.01480829
-3.75%$8.66
-2.31%$0.998717
0.04%$2,434.21
-0.08%$0.999402
0.01%$0.249376
-0.11%$0.595764
-0.77%$1.33
-1.14%$0.178284
-3.78%$0.999949
0.01%$1.00
0.00%$0.999807
-0.01%$0.060934
0.16%$37.08
0.66%$0.40044
-1.67%$0.00000044
0.45%$1.37
0.03%$45.68
-1.43%$2.27
-0.70%$0.162909
0.71%$1.091
-0.00%$0.998391
0.47%$0.04075817
0.20%$0.00684753
5.72%$0.00396608
-7.80%$0.390555
-1.50%$5.43
0.11%$2,432.62
0.11%$2,587.36
-0.18%$0.112036
2.74%$13.21
0.60%$0.500008
2.47%$0.00001861
-0.42%$0.311833
-1.63%$0.999105
-0.02%$0.071721
0.40%$2.19
0.30%$0.00387966
0.42%$0.170469
-0.79%$1.47
4.42%$0.49702
0.11%$0.075946
17.74%$0.0000009
0.56%$0.03515191
0.99%$2,683.70
-0.02%$0.135109
-0.27%$1.17
1.73%$0.898845
-3.75%$0.99995
0.01%$1.074
-3.01%$0.03374161
0.55%$107,229.00
-0.10%$20.09
0.73%$107,241.00
0.09%$0.326727
-7.72%$162.61
3.59%$2,663.07
-0.07%$0.04550431
1.08%$0.9999
-0.01%$0.323507
-0.38%$4.88
2.08%$0.01652526
0.28%$0.999083
-0.01%$0.00361462
-6.80%$1.00
0.03%$2,435.12
-0.04%$0.00005542
-0.49%$10.23
0.37%$0.00000145
2.44%$0.731742
-7.05%$2,433.30
-0.09%$1.074
-0.15%$107,138.00
-0.41%$108.59
-0.22%$0.291438
8.17%$17.86
1.13%$0.43582
-0.31%$0.680347
0.23%$0.02853065
-0.87%$0.00536102
-3.54%$0.00333817
-0.36%$0.617948
1.59%$1.001
0.01%$103,209.00
-0.21%$2,154.90
-0.05%$1.21
-0.00%$1.018
-0.05%$0.578599
-0.78%$0.177047
0.75%$1.56
-1.81%$0.177929
0.84%$14.70
0.80%$0.00357573
2.69%$103,776.00
-1.18%$2,942.81
0.08%$5.85
-7.34%Reading
FTX’s former management lied to banks about the suspicious movements of customer cash as far back as 2020, an explosive new report by the company’s new CEO alleges.
Despite the FTX Group portraying itself as “the vanguard of customer protection efforts in the crypto industry,” it allegedly commingled customer and corporate funds purposely so it could snap up luxury properties and make speculative trades on sister firm Alameda Research, John J. Ray III said in a Monday court filing.
And when banks pressed the FTX management about the movement of funds, “rather than tell the truth to the bank—i.e., that it not only intended to, but had in fact been using the Alameda account for FTX.com customer transactions for nearly a year—the FTX Group lied,” Ray alleged.
FTX was a popular digital asset exchange that allowed people to buy, sell and bet on cryptocurrencies. But it was so criminally mismanaged, prosecutors allege, it went bust very quickly and unexpectedly in November 2022.
The exchange’s management—previously described by Ray as “grossly inexperienced and unsophisticated”—allegedly misappropriated $8.7 billion in customer cash.
FTX’s ex-boss and co-founder Sam Bankman-Fried, a fresh-faced former Jane Street trader and MIT graduate who wooed politicians and celebrities, now faces 13 criminal charges after his arrest last year.
In less than a week, one of the largest and most trusted crypto exchanges went up in flames, along with its crypto celebrity founder and CEO Sam Bankman-Fried. Dan Roberts, Stacy Elliott, and Kate Irwin from the gm podcast walk you through exactly how it happened, what it means for you, their own takes on the most interesting subplots, and what we can learn from it all. Plus: We review some comments SBF and CZ made on this podcast that look remarkable in hindsight. Watch and make sure to subscribe to the gm podcast on Apple or Spotify.
The charges include conspiracy to commit wire fraud, conspiracy to defraud the United States and violate campaign finance laws, and bribery.
Last week, a new lawsuit was filed alleging that Bankman-Fried spent $700 million on trying to buy influence from “super-networker” Michael Kives, a Hollywood agent turned investor and ex-aide to Hillary Clinton.
Ex-FTX CEO Sam Bankman-Fried is still in the spotlight—but not for the right reasons. The SEC and the U.S. Department of Justice are investigating the disgraced founder and former boss of the collapsed crypto exchange, and he has been called to testify before the House Financial Services Committee. After billions of dollars of clients’ money went up in smoke in “one of the most abrupt and difficult collapses in the history of corporate America,” the exchange owes $3.1 billion just to its top 5...
Ray, a highly-experienced lawyer tasked with getting back FTX customers’ missing investments, previously said he had never seen such a mess, despite dealing with the fall of energy company Enron in 2001—one of the biggest company collapses in history.
In Monday’s report, he added that despite the “challenges” of tracing the allegedly misappropriated funds, his team have managed to recover “approximately $7 billion in liquid assets” and they expect to make additional recoveries.
Formula 1 has renewed its partnership with exchange platform Crypto.com, extending the agreement through 2030 as both entities seek to capitalize on their shared momentum. The renewed partnership will see Crypto.com continue to feature prominently at key Formula 1 events, including the Miami Grand Prix, where it has been the title sponsor since the race’s inception in 2022. The deal, first inked in 2021, marked Formula 1’s foray into the crypto world at a time when digital assets were experienc...
Mo Shaikh, a co-creator of the Aptos blockchain and co-founder and CEO of the Aptos Labs firm that helps support it, announced Thursday that he's leaving the company to focus on a "new chapter." "Today, I am stepping away from Aptos Labs to start a new chapter," Shaikh wrote on X. "One of my true passions lies in building companies from the ground up, and we have done that at Aptos Labs by building a world-class team." "I leave Aptos Labs with the utmost confidence in the team," he continued, "a...
Building on the momentum of anticipated changes to U.S. crypto policy, Binance.US said it aims to restore its USD services in early 2025, according to a statement shared with Decrypt. It marks the exchange's first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year. The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits and withdrawals. "While I can't provide a de...
