Tag: cryptocurency

Sam Bankman-Fried: 5 unknown facts about crypto’s fallen king

Sam Bankman-Fried: 5 unknown facts about crypto’s fallen king

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Once hailed as crypto’s white knight, Sam Bankman-Fried has had a meteoric fall from heights after a bombshell report that questioned the stability of Bankman-Fried’s crypto empire, which consists of Alameda Research and FTX. The report by CoinDesk triggered an avalanche of customer withdrawals, with FTX seeing an estimated $6 billion in withdrawals over the […]

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FTX plans partial bailout of bankrupt Voyager’s customers

FTX plans partial bailout of bankrupt Voyager’s customers

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FTX said on Friday it was planning to offer Voyager Digital’s customers access to some of their funds, the latest relief measure by the Sam Bankman-Fried-led cryptocurrency exchange for the ailing crypto industry. Under the plan, Alameda Ventures, the trading firm also founded by Bankman-Fried, would purchase all of Voyager’s digital assets and digital asset […]

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