Trader accidentally sends 2,000 SOL to bankrupt FTX (attribution) A former FTX customer made an expensive mistake in October 2023 when he transferred 2,000 SOL (~$64,000 at the time, almost $400,000 today) to an old FTX account, about a year after the company went bankrupt. Unlike you...
As I have been warning for over a year and a half, if you trust in the technology, you risk losing everything as a reward for your faith in Big Tech, as the Big Tech Crash that started in 2022 just after the demise of FTX, with itsbillionaire...
The FTX bankruptcy – How it affected the crypto industry FTX bankruptcy was the black swan of the crypto market in 2022. More than a million users were affected by the FTX collapse, and many investors lost everything in early November. And FTX wasn’t the only one. 3 Arrows Capital was...
Celsius, and FTX collapsed in 2022. It launched lawsuits against celebrities like Kardashian for promoting crypto projects without disclosing that they were being compensated. It also suedCoinbaseand other exchanges that had believed they were playing by the book; the SEC argued they...
After receiving a $250 million line of credit, FTX inked an agreement in July that provided them the option to buy BlockFi to pay the lender. FTX also spent $500 million on Voyager Digital, which went bankrupt later on. Furthermore, FTX is in talks to acquire the South Korean cryptocurren...
The Big Tech crash that I have been warning about since the last quarter of 2022, has now arrived, and it is crashing our entire economy. It started in 2022 with the blowup of the Cryptocurrency Ponzi scheme called FTX, whose CEO now sits in prison servi
No matter what is going on in the market or world, if you have a reliable system in place you should be confident it can handle the situation. That goes along with you investing smartly. Recently in the news has been the collapse of the FTX crypto exchange, FTX filed bankruptcy in Nov...
Many venture investors have learned this lesson the hard way. The legendary Sequoia investorAlfred Linwas a huge supporter of – and early investor in – the highflying but now bankrupt crypto firm FTX. Lin recently commented in theNew York Times, regarding the founder he backed (Sam Bankman-...
Sam Bankman-Fried, founder and former CEO of the now-bankrupt crypto exchange FTX, has said that he hopes to start a new business and earn enough money to pay back victims of the collapse. Speaking from the Bahamas, the disgraced crypto boss acknowledged ...
talking about the degree of autonomy she had in tradingin an FTX podcast two years ago: “If you have to go through some sort of review process or check with your supervisor or something, before you do anything, that’s just going to add another layer of delays.” So she and t...