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FTX collapse
Bankman-Fried Allegedly Used FTX Funds for Political Donations, Ex-CEO Ellison Testifies
Key Insights:Bankman-Fried believed in using "small" political donations to gain significant influence.
He funneled money to politicians under aliases and donated to both...
FTX Co-founder Gary Wang Testifies in Bankman-Fried Trial Over Illicit Activities
Key Insights:Gary Wang admitted to code allowing Alameda unlimited FTX withdrawals.
Alameda's coding error concealed an $8 billion debt settled with customer deposits.
...
FTX Unveils Reorganization Plan to Launch Exclusive Offshore Exchange
TL; DR BreakdownFTX plans to establish an exclusive offshore exchange for non-U.S. users to address financial troubles.
Users of FTX.com will be categorized...
Prosecutors Push to Revoke Bankman-Fried’s Bail
TL: DR BreakdownFormer FTX CEO faces witness tampering allegations, risking bail revocation and up to 115 years in prison.
Dark clouds gather over...
Unmasking FTX’s Downfall through the eyes of EX-Alameda CEO Caroline Ellison’s diary
As per accounts from the New York Times and various insiders, Caroline Ellison, the ex-CEO of Alameda Research, had kept a journal on Google...
Crypto Actions by SEC Soar 183% in 6 Months Following FTX Collapse
In the aftermath of the FTX exchange collapse, the United States Securities and Exchange Commission (SEC) has intensified its enforcement actions in the cryptocurrency...
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