Tag: Sam Bankman

  • Who are Cameron and Tyler Winklevoss, the Gemini twins?

    Who are Cameron and Tyler Winklevoss, the Gemini twins?

    In addition to causing great embarrassment in the Democratic Party that supported him and in the media that received large donations, the bankruptcy of FTX, the mega-platform of young billionaire Sam Bankman-Fried, has unleashed a domino effect that involves all its partner decentralized companies. . , including the Gemini Earn of twins Cameron and Tyler […]

  • Nouriel Roubini warns about cryptocurrencies

    Nouriel Roubini warns about cryptocurrencies

    “Totally Corrupt”: Popular Economist Nouriel Roubini Fiercely Attacked the Crypto Ecosystem

  • FTX Bankruptcy Trustees Can’t Find Firm’s Cryptocurrencies

    FTX Bankruptcy Trustees Can’t Find Firm’s Cryptocurrencies

    The advisers assigned to carry out the bankruptcy proceedings of FTX have found only a fraction of the company’s cryptocurrencies. Harsh criticism of Sam Bankman-Fried from the new CEO of the exchange.

  • Binance Launches Recovery Fund to Avoid Sector Apocalypse

    Binance Launches Recovery Fund to Avoid Sector Apocalypse

    The Binance CEO has announced the creation of a recovery fund to “help projects that are solid but in a liquidity crisis.” The objective is to prevent a domino effect derived from the bankruptcy of FTX, which filed for bankruptcy last Friday. To reduce further cascading negative effects of FTX, Binance is forming an industry […]

  • FTX officially files for bankruptcy

    FTX officially files for bankruptcy

    Less than a week after being embroiled in a liquidity crisis, FTX filed for bankruptcy. Additionally, Sam Bankman-Fried resigned as CEO. The FTX debacle adds a new chapter. The cryptocurrency exchange has filed for bankruptcy in the United States, less than a week after being embroiled in a scandal over a liquidity crisis. Additionally, Sam […]

  • What happens to your cryptocurrencies if the entity where you keep them goes bankrupt?

    What happens to your cryptocurrencies if the entity where you keep them goes bankrupt?

    “If something can go wrong, it will go wrong”. It is one of the best known formulations of Murphy’s Law, a paradigm of pessimism, and it perfectly represents how the year 2022 is unfolding for the world of cryptocurrencies. Just a year ago, the global cryptocurrency market accumulated a capitalization of almost 3 trillion dollars […]