Binance and OKX did not explain the reasons behind the move, which created confusion in the crypto industry. Author: Krisztian Sandor
Archives for November 2022
Bahamian FTX Liquidators Cite ‘Serious Fraud and Mismanagement’ in Court Filings
Court filings from Wednesday show liquidators are seeking to halt asset sales while the complex enterprise is wound up. Author: Jack Schickler
Temasek Says Its FTX Investment Is Now Worth Zero
The Singaporean investment fund said it conducted 8 months of due diligence on FTX in 2021 before buying a 1% stake in the exchange. Author: Sam Reynolds
Market Wrap: Genesis Withdrawal Suspension Looms Over Cryptocurrencies
Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. Author: James Rubin, Glenn Williams, Jocelyn Yang
Binance Denies Accusation From UK Lawmaker That It Deliberately Sank FTX
The exchange sent a five page document outlining the sequence of events that led to the FTX collapse to UK lawmakers. Author: Camomile Shumba
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