The terminated sponsorship deal with esports giant TSM represents yet another fractured partnership for the fallen crypto exchange.Senate Banking Committee eyes hearing on Sam Bankman-Fried's FTX collapse
A key Senate committee could hold a hearing to investigate the collapse of crypto exchange FTX. The Senate Banking Committee is “working to schedule a hearing and details are forthcoming,” according to a Democratic committee spokesperson. FTX, once valued at $32 billion, filed for bankruptcy protection last week. The push to schedule a Senate hearing […]
I mean every business was operating as usual. Until they’re not.
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Grayscale Declares 'Business as Usual' Despite Sister Company Genesis Global Capital Suspending Withdrawals.Grayscale told investors that they won't be affected by sister company Genesis Global Capital suspending withdrawals in the wake of FTX_Official's collapse. By JamieCrawleyCD Grayscale FTX_Official JamieCrawleyCD 🤔 Grayscale FTX_Official JamieCrawleyCD I caan t get why aall maasking this from us Grayscale FTX_Official JamieCrawleyCD 😂
Source: CoinDesk - 🏆 291. / 63 Read more »
Genesis Global halts withdrawals citing 'unprecedented market turmoil'Another one bites the dust? Crypto lender Genesis has halted withdrawals, citing “unprecedented market turmoil.' stoolpresidente 👀👀 SBF...was send from WEF to destroy Crypto....next is Tether!!!! No amount of market turmoil is justification for halting withdrawals. You hold customer funds 1:1 or your operating a fractional reserve scam.
Source: Cointelegraph - 🏆 562. / 51 Read more »