Crypto lender Genesis files for bankruptcy: Here are the companies that have collapsed so far
With the industry facing a “crypto winter” many crypto companies, from exchanges to hedge funds, have had to deal with the fallout.
With the industry facing a “crypto winter” many crypto companies, from exchanges to hedge funds, have had to deal with the fallout.
Bankman-Fried has been staying at his parents’ multimillion-dollar Palo Alto home for the last month after posting bail.
The Justice Department arrested founder and majority owner of Bitzlato Anatoly Legkodymov last night in Miami, alleging the exchange processed illicit funds from individuals “known to be crooks.”
Bitcoin peaked at over $65,000 in November 2021, while the total crypto market peaked at just over $3 trillion at the same time.
The loan was among several deals struck with Jean Chalopin, the head of Deltec and Moonstone banks — and co-creator of Inspector Gadget — who forged a lucrative relationship with FTX.
Coinbase chief legal officer Paul Grewal said the firm has taken “substantial measures to address these historical shortcomings.
Web3 companies will be working to address how to make the tech easy to use for anyone.
Fred Schebesta, founder of global fintech company Finder (and also know as The Crypto King), took a drive with Forbes Australia’s Editor-in-Chief Sarah O’Carroll in a Range Rover.
Forbes obtained a draft of the full testimony SBF was set to give before Congress.
FTX founder Sam Bankman-Fried was arrested in the Bahamas after US prosecutors filed criminal charges, the US Department of Justice said.