Related Articles

Sources: LedgerX, known as FTX US Derivatives, plans to make $175M available for FTX’s bankruptcy, part of a $250M fund reserved for a CFTC application (Bloomberg)

Bloomberg:
Sources: LedgerX, known as FTX US Derivatives, plans to make $175M available for FTX’s bankruptcy, part of a $250M fund reserved for a CFTC application  —  LedgerX — one of the few corners of Sam Bankman-Fried’s crumbled crypto empire that remain solvent — is preparing to make available $175 million …

Sources: Sam Bankman-Fried has unsuccessfully continued to attempt to raise $8B to plug FTX’s shortfall, despite filing for bankruptcy and resigning as CEO (Wall Street Journal)

Wall Street Journal:
Sources: Sam Bankman-Fried has unsuccessfully continued to attempt to raise $8B to plug FTX’s shortfall, despite filing for bankruptcy and resigning as CEO  —  Alongside a few remaining employees, Mr. Bankman-Fried spent the weekend calling around in search of new commitments from investors

Hours after announcing an emergency deal with Binance, FTX CEO Sam Bankman-Fried deletes a Twitter thread saying the exchange and assets were “fine” (Helen Partz/Cointelegraph)

Helen Partz / Cointelegraph:
Hours after announcing an emergency deal with Binance, FTX CEO Sam Bankman-Fried deletes a Twitter thread saying the exchange and assets were “fine”  —  Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”

Citing Sam Bankman-Fried as a flight risk, a Bahamas magistrate judge denies him bail and says he should be remanded to Bahamian custody until February 8, 2023 (Rohan Goswami/CNBC)

Rohan Goswami / CNBC:
Citing Sam Bankman-Fried as a flight risk, a Bahamas magistrate judge denies him bail and says he should be remanded to Bahamian custody until February 8, 2023  —  A magistrate judge in the Bahamas on Tuesday denied bail to FTX co-founder Sam Bankman-Fried and said he should be remanded …

DeFi proponents criticize Sam Bankman-Fried for a regulatory proposal suggesting websites facilitating trading on decentralized exchanges should be regulated (Adam James/The Block)

Adam James / The Block:
DeFi proponents criticize Sam Bankman-Fried for a regulatory proposal suggesting websites facilitating trading on decentralized exchanges should be regulated  —  – Various individuals in the blockchain and cryptocurrency industry are lambasting Sam Bankman-Fried after the FTX CEO shared …