The club of cryptocurrency kings has turned against its unofficial former president Sam Bankman-Fried following his downfall. How fast things go in the world of crypto intrigue. Two weeks ago, Sam Bankman-Fried, the founder of … Read more
Cryptocurrencies resumed their sell-off on Friday morning as FTX announced it has filed for Chapter 11 bankruptcy in the U.S. Bitcoin fell 6% to $16,576.50, while ether lost 7% to $1,215.67, according to Coin Metrics. … Read more
The boy wonder of cryptocurrencies watched as his empire vaporized nearly overnight, leaving depositors scrambling and investigators taking a look. It wasn’t long ago that Sam Bankman-Fried was a king of the crypto world. Just … Read more
KEY POINTS Voyager commenced bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of New York on Tuesday. The company suffered huge losses from its exposure to crypto hedge fund Three Arrows Capital, which … Read more