Japan orders FTX to suspend operations
FTX Japan has gone into “close-only” mode, where users can only close out existing positions but can’t create new ones following the FSA’s suspension order.
Latest Crypto Crime Cartel News
Ripple publishes ‘regulatory white paper’ amid industry meltdown
Ripple recommends that British lawmakers set up an overarching regulatory framework, increase its regulatory resources, and commit to public education to sustain its ambition of becoming a tech hub.
Binance’s Changpeng Zhao using FTX downfall to rebrand as crypto’s good guy
Changpeng Zhao leverages FTX's downfall to paint a picture of Binance as a savior of fallen digital asset projects in a bold attempt to wash away the reputational stains of the 'crypto' industry.
Celsius requests to extend submission of reorganization plan as bankruptcy proceedings heat up
Celsius said that the reorganization process was more complex than anticipated, requiring a tentative approach to achieve success.
FTX collapse: Full impact has yet to be seen—Bloomberg
Bloomberg covered what's going on with FTX, talking to experts from rival exchanges and SEC Commissioner Hester Peirce about what happens next.
FTX Bankruptcy: Hacked, regulated or rug-pulled as traders despair
Observers noticed on-chain records showing "hundreds of millions of dollars" worth of digital assets began leaving the FTX exchange’s wallets late on Friday night.
What’s the beef between Changpeng Zhao and Sam Bankman-Fried?
Sam Bankman-Fried and Changpeng Zhao have been exchanging blows for months, to the point that when announcing the liquidation, Zhao and his cohort were quick to deny any suggestion that the move was an attack on FTX.
FTX.US, BlockFi halt withdrawals as ‘crypto’ fear goes viral
The FTX exchange may have filed for bankruptcy protection but there’s no real defense against the sector-wide carnage this scandal has unleashed.
OFAC: Tornado Cash linked to North Korean nukes
Months after being put on the SDN list, OFAC announced that Tornado Cash is linked to North Korea's nuke program in an effort to stomp Pyongyang's illegal weapons advancements.
The Sam Bankman-Fried illusion has been shattered
In June, Sam Bankman-Fried said many 'crypto' companies are secretly insolvent while assuring that his firm, FTX, has enough to cover all client holdings, in contrast to what FTX personnel are claiming.
FTX implosion is the real ‘red wave’
This week’s dramatic implosion of the FTX exchange continues to disgorge a seemingly nonstop parade of machinations and sordid revelations that threatens to engulf the entire digital asset sector.
Kim Kardashian, Floyd Mayweather set to beat EthereumMax investor lawsuit: report
Kim Kardashian, Floyd Mayweather, and former Celtics player Paul Pierce were sued for luring investors to the ill-fated EthereumMax, but are poised to get away scot-free.