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The Latest Breaking News on FTX claims Bybit, one of world’s largest crypto exchanges, used VIP status to pull hundreds of millions of dollars during collapse

Crypto lender BlockFi files for Chapter 11 bankruptcy protection

The crypto lender is the latest casualty of FTX's contagion

Axios

FTX Collapse: Bankman-Fried May End Up in Jail, Says Mark Cuban

The founder of the cryptocurrency exchange has become a persona non grata.

The Street

Bankman-Fried Gave $1M to Senate Republicans 15 Days Before FTX Collapsed

The founder of the cryptocurrency exchange was also a major donor to the Democratic Party.

The Street

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FTX Collapse: Binance Stores $2 Billion to Save Struggling Firms

The world's largest cryptocurrency exchange and its founder Changpeng Zhao pose as saviors of the crypto industry.

The Street

3 Stocks to Avoid During the Crypto Crisis

The crypto market has witnessed a steep decline this year with investors’ declining appetite for high-risk/high-return assets amid the rising interest rates. As cryptocurrencies are expected to remain under pressure, it could be wise to steer clear of crypto-focused stocks Block (SQ), Coinbase Global (COIN), and Riot Blockchain (RIOT). Read…

StockNews.com

Michael Hiltzik: Thinking of putting crypto in your 401(k)? Think twice

The federal government has some advice for workers contemplating adding bitcoin or another cryptocurrency to their retirement holdings: Don't.

Los Angeles Times

Crypto customers looking to write-off FTX investments for taxes will need to wait

FTX customers may be facing huge losses, but most are in a holding pattern until bankruptcy proceedings bring some clarity and order to how the failed cryptocurrency exchange's assets will be handled.

Fortune

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5 major revelations about the collapse of crypto giant FTX

At the first hearing in FTX's bankruptcy proceedings, lawyers confirmed that millions of dollars are stolen or missing, and revealed stunning details about the downfall of the once-mighty exchange

WEKU

Crypto executives need to grow up or go the way of FTX, Riot Blockchain leader says

The highly publicized collapse of the crypto platform FTX is a wake-up call for crypto executives to act more professionally, one of crypto’s most prominent North Texas leaders says.

Tribune News Service

‘Betrayed’: FTX meltdown signals end to crypto’s ‘Wild West’ days

Cryptocurrency exchange’s spectacular collapse spurs government scrutiny and calls for greater regulation.

Al Jazeera

FTX Collapse: 'Emperor' Bankman-Fried Had No Clothes

The regime of the founder of the cryptocurrency exchange was discussed in court on November 22.

The Street

FTX Assets Were Stolen or Are Missing

A first court hearing on the bankruptcy of the cryptocurrency exchange FTX was held on Nov. 22.

The Street

FTX lawyer: 'Substantial amount' of assets has been stolen

The lawyers for FTX disclosed Tuesday that a “substantial amount" of assets has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the odds that its millions of investors will get their money back

The Independent UK

Satyajit Das believes crypto boom and bust is just part of 'every bubble being pricked' in wider market sell-off

One of the few financiers who sounded a warning bell before the global financial crisis believes today's cryptocurrency "meltdown" was predictable, and that "nobody is taking much notice" of a broader financial market problem.

ABC News

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The Street

FTX Collapse: Binance, Largest Crypto Exchange, Is Under Investigation

The bankruptcy of the FTX cryptocurrency exchange is pushing regulators to increase their scrutiny of the crypto space.

The Guardian - US

FTX was run as ‘personal fiefdom’ of Sam Bankman-Fried, court hears

Hearing in Delaware bankruptcy court is the first since the cryptocurrency exchange declared bankruptcy earlier this month

The Street

FTX Had $1.24 Billion on Hand When It Filed for Bankruptcy

Creditors and customers of the FTX cryptocurrency exchange might have a small reason to hope to recover some of their money.

The Street

FTX Collapse: Tom Brady and Steph Curry's Problems Get Worse

The two sports stars were ambassadors and investors for the bankrupt cryptocurrency exchange.

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The Street

Stolen FTX Funds Are Moving Into Bitcoin

The crypto industry remains shaken by the unexpected and brutal downfall of the FTX cryptocurrency exchange.

Fortune

What will happen to nearly a third of SkyBridge Capital? Here's how 'The Mooch' could get back his company

Less than two weeks ago SBF and Scaramucci embarked on a fundraising trip together in the Middle East. Now, nearly a third of Scaramucci's firm is tied up in bankruptcy proceedings.

Evening Standard

What the FTX downfall can teach us about crypto regulation

City comment: Far from quashing innovation, crypto regulation will set essential ground rules and protections for market participants

Fortune

FTX's implosion raise questions about Genesis, Crypto.com, and Silvergate

BlockFi is likely the just first of some big dominoes to fall in the wake of the FTX collapse. Here are some others to watch.

Evening Standard

The fall of FTX marks the end of the “wild west” days of crypto

City Comment : There is something of the Fyre Island festival debacle about the downfall of crypto platform FTX. Like the 2017 scandal, there is a backdrop of sun kissed silver beaches - FTX operated largely out of the Bahamas - an apparently credible charismatic 30 year old entrepreneur running…

The Street

Coinbase Stock Extends Slide, Set For All-Time Low, As FTX Collapse Pressures Global Crypto Markets

Coinbase shares, which traded as high as $429 when it debuted on the Nasdaq last year, are set to open under $43 Monday amid the ongoing fallout from FTX's spectacular collapse.

The Guardian - UK

Crypto exchange FTX owes nearly $3.1bn to 50 biggest creditors

Company says cryptocurrency allegedly stolen in collapse being transferred to other exchanges

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