FTX lawyers ask court to recover $323 million from FTX Europe management
Bankrupt cryptocurrency exchange FTX has asked a U.S. bankruptcy court to recover more than $323.5 million from FTX's European management. The suit was filed on Wednesday, July 12, and alleges that FTX founder Sam Bankman-Fried and his partners use ...
Tucker Carlson: “If you come up with a fake FTX token, you can be a hero”
The show's host used the conversation to take a jab at the founder of bankrupt crypto exchange FTX, Sam Bankman-Fried. "Wouldn't it be easier to commit a major financial crime and defraud people out of billions of dollars? For example, invent some fake cryptocurrency and c ...
Catherine Wood’s company sells $12 million worth of Coinbase stock
Management company ARK Invest sells $12 million worth of shares in Coinbase, the largest U.S. cryptocurrency exchange, as the securities surge to a one-year high. The surge is due to Coinbase teaming up with the Chicago Mercantile Exchange (Cboe) t ...
FT: Chinese residents are actively buying cryptocurrency in Hong Kong
Mainland Chinese residents are buying cryptocurrencies through Hong Kong firms. By 2024, local regulators plan to work through a licensing regime for issuers of stablecoins. HSBC, Hong Kong's largest bank, recently agreed to allow its customers to buy and sell units ...
PeckShield: Hackers withdrew $888,000 from the Arbitrum-based Rodeo Finance protocol
They then exchanged those ethers for other assets and did a reverse conversion. Eventually hackers directed the funds to the Tornado Cash mixer. The Rodeo Finance team has yet to acknowledge the hack and remains silent. Igor Igamberdiev, head of research at Wintermute, said th ...
