#FTX.
Good morning!
There's some panic about #BTC🔥🔥🔥🔥
dropping to $8000, but let's clarify: it didn't happen! It occurred on a lesser-known exchange resembling #FTX.
These isolated incidents shouldn't rattle us; small exchanges like #BITMEX often involve shady practices.
Relax, folks! Let's worry when it impacts the broader market, not just some sketchy exchange. #Write2Earn #HotTrends .
Please follow for updates and likes. Tips appreciated! $BTC $SOL L $BNB
There's some panic about #BTC🔥🔥🔥🔥
dropping to $8000, but let's clarify: it didn't happen! It occurred on a lesser-known exchange resembling #FTX.
These isolated incidents shouldn't rattle us; small exchanges like #BITMEX often involve shady practices.
Relax, folks! Let's worry when it impacts the broader market, not just some sketchy exchange. #Write2Earn #HotTrends .
Please follow for updates and likes. Tips appreciated! $BTC $SOL L $BNB
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#HotTrends #sol #DOGE #WIF #BTC
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#HotTrends #sol #DOGE #WIF #BTC
Equipe jurídica da Ripple diz que a SEC está perdendo
A equipe jurídica da Ripple revelou recentemente que a SEC está enfrentando dificuldades. #Stuart Alderotti, chefe da equipe jurídica, afirmou em um tweet que a SEC está sendo criticada por juízes devido ao seu comportamento obscuro.
Além disso, #Alderotti mencionou que dentro do governo dos EUA, a #SEC também é alvo de críticas por ter escondido informações sobre suas reuniões com #SambankmanFried antes do colapso da #FTX. É importante lembrar que o Congresso dos Estados Unidos solicitou a #GaryGensler , presidente da SEC, todas as informações sobre essas reuniões, mas a SEC não forneceu todas as informações solicitadas.
Em resumo, de acordo com Stuart Alderotti, a SEC não está apenas perdendo no tribunal, mas também está prejudicando sua reputação como instituição. $XRP
A equipe jurídica da Ripple revelou recentemente que a SEC está enfrentando dificuldades. #Stuart Alderotti, chefe da equipe jurídica, afirmou em um tweet que a SEC está sendo criticada por juízes devido ao seu comportamento obscuro.
Além disso, #Alderotti mencionou que dentro do governo dos EUA, a #SEC também é alvo de críticas por ter escondido informações sobre suas reuniões com #SambankmanFried antes do colapso da #FTX. É importante lembrar que o Congresso dos Estados Unidos solicitou a #GaryGensler , presidente da SEC, todas as informações sobre essas reuniões, mas a SEC não forneceu todas as informações solicitadas.
Em resumo, de acordo com Stuart Alderotti, a SEC não está apenas perdendo no tribunal, mas também está prejudicando sua reputação como instituição. $XRP
According to a recent article from The Wall Street Journal on June 28, FTX, the insolvent #cryptocurrency exchange, is getting closer to relaunching itself as a totally new exchange. The company has started looking for interested parties to restart the FTX.com exchange, according to John Ray, the restructuring chief at #FTX.
According to people with knowledge of the situation, FTX has been in communication with possible #investors about raising money for the relaunch.
Blockchain financing firm Figure is one of the interested parties.
According to people with knowledge of the situation, FTX has been in communication with possible #investors about raising money for the relaunch.
Blockchain financing firm Figure is one of the interested parties.
Temasek Reduces Compensation for Execs Linked to $275M FTX Investment
Singapore's investment firm, Temasek Holdings, has decided to reduce the pay of executives who were responsible for investing in the failed #cryptocurrency exchange called #FTX.
After looking into the $275 million loss from FTX's collapse in November 2022, Temasek found that there was no misconduct, but they still wanted to hold the investment team and senior management accountable by reducing their pay.
Temasek used to be the second-largest investor in FTX, owning 7 million shares. However, FTX's collapse raised concerns about Temasek's investment decision. Temasek believes that it's important to invest in new areas and technologies to understand how they might affect their existing investments.
The $275 million loss represented only a tiny fraction, 0.09%, of Temasek's overall portfolio, which was valued at more than $293 billion at the time. Temasek says that they did a thorough investigation before investing, including looking at financial records, assessing risks, seeking legal advice, and talking to people who knew about FTX.
Temasek's chairman, Lim Boon Heng, said that he was disappointed with the investment outcome and the damage it caused to their reputation. He mentioned that there was fraudulent behavior where important information was intentionally hidden from investors, including Temasek. Singapore's Deputy Prime Minister Lawrence Wong also acknowledged the financial loss and the harm to Temasek's reputation caused by FTX's collapse.
Temasek Stays Committed to Innovation Despite FTX Setback
In other news, Temasek denied rumors that they had invested $10 million in a company called Array, which is working on a special currency system. They clarified that this information was incorrect.
Temasek's experience with the FTX investment reminds us that there are risks involved in investments and they can impact a company's reputation. However, despite this setback, Temasek remains committed to investing in new areas and technologies to adapt to a changing world. They emphasize the importance of doing careful research and talking to experts in the industry before making investment decisions.
To sum it up, Temasek's internal review found no wrongdoing in the FTX investment, but they still reduced the pay of the executives involved. This decision shows that Temasek wants to take responsibility and maintain their good reputation and financial stability.
After looking into the $275 million loss from FTX's collapse in November 2022, Temasek found that there was no misconduct, but they still wanted to hold the investment team and senior management accountable by reducing their pay.
Temasek used to be the second-largest investor in FTX, owning 7 million shares. However, FTX's collapse raised concerns about Temasek's investment decision. Temasek believes that it's important to invest in new areas and technologies to understand how they might affect their existing investments.
The $275 million loss represented only a tiny fraction, 0.09%, of Temasek's overall portfolio, which was valued at more than $293 billion at the time. Temasek says that they did a thorough investigation before investing, including looking at financial records, assessing risks, seeking legal advice, and talking to people who knew about FTX.
Temasek's chairman, Lim Boon Heng, said that he was disappointed with the investment outcome and the damage it caused to their reputation. He mentioned that there was fraudulent behavior where important information was intentionally hidden from investors, including Temasek. Singapore's Deputy Prime Minister Lawrence Wong also acknowledged the financial loss and the harm to Temasek's reputation caused by FTX's collapse.
Temasek Stays Committed to Innovation Despite FTX Setback
In other news, Temasek denied rumors that they had invested $10 million in a company called Array, which is working on a special currency system. They clarified that this information was incorrect.
Temasek's experience with the FTX investment reminds us that there are risks involved in investments and they can impact a company's reputation. However, despite this setback, Temasek remains committed to investing in new areas and technologies to adapt to a changing world. They emphasize the importance of doing careful research and talking to experts in the industry before making investment decisions.
To sum it up, Temasek's internal review found no wrongdoing in the FTX investment, but they still reduced the pay of the executives involved. This decision shows that Temasek wants to take responsibility and maintain their good reputation and financial stability.
"FTX's SBF Reportedly Guides Prison Guard Toward Solana Investment"
Despite being incarcerated, Sam Bankman Fried (SBF), the disgraced founder of collapsed crypto exchange FTX, continues recommending Solana investment to prison guards.
Read more on: https://thecryptobasic.com/2024/02/28/ftx-founder-sbf-reportedly-advises-prison-guard-to-invest-in-solana/
#FTX. #SBFFTX #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate
Read more on: https://thecryptobasic.com/2024/02/28/ftx-founder-sbf-reportedly-advises-prison-guard-to-invest-in-solana/
#FTX. #SBFFTX #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate
THE #bullrun2024! ? ? ?
Oliver L. Velez, an experienced digital assets trader, has advised crypto investors to get their bitcoins off crypto exchanges and prepare to buy the dip. Velez said this in a recent post on X (formerly Twitter) where he identified a crucial reason why the crypto market might experience another significant crash.
$BNB is near #BinanceSquareExplorers last leveraged liquidation price once again. Remember when Caroline of Alameda tried to defend the $22 price before it and #FTX. imploded? A $BNB collapse would bring down a house of cards 10x the size of FTX. Get your #Bitcoin off all exchanges.
Oliver L. Velez ⚡️ 13%'er Bitcoine September 11, 2023
Velez claimed that at its current price, BNB is near Binance’s last leveraged liquidation price. He believes that a BNB collapse would impact the entire crypto market in a significant way. According to Velez, a BNB crash will send the crypto market tumbling by more than ten times the magnitude of the crash experienced during the FTX collapse of last November.
The highly experienced trader recalled an event that preceded the FTX collapse, when Carolin Ellis, CEO of Alameda Research, posted that Alameda would buy Changpeng Zhao’s FTT tokens for $22 each. Of course, that did not materialize and could not save the market from an eventual collapse. Velez thinks the crypto market is preparing for a cleansing flush-out before the next bull run in 2024.
Ecks, a respondent to Velez’s post, noted that Changpeng Zhao, CEO of Binance, already claimed that the exchange has no loans. If that is the case, Ecks questioned the possibility of liquidation.
Oliver L. Velez, an experienced digital assets trader, has advised crypto investors to get their bitcoins off crypto exchanges and prepare to buy the dip. Velez said this in a recent post on X (formerly Twitter) where he identified a crucial reason why the crypto market might experience another significant crash.
$BNB is near #BinanceSquareExplorers last leveraged liquidation price once again. Remember when Caroline of Alameda tried to defend the $22 price before it and #FTX. imploded? A $BNB collapse would bring down a house of cards 10x the size of FTX. Get your #Bitcoin off all exchanges.
Oliver L. Velez ⚡️ 13%'er Bitcoine September 11, 2023
Velez claimed that at its current price, BNB is near Binance’s last leveraged liquidation price. He believes that a BNB collapse would impact the entire crypto market in a significant way. According to Velez, a BNB crash will send the crypto market tumbling by more than ten times the magnitude of the crash experienced during the FTX collapse of last November.
The highly experienced trader recalled an event that preceded the FTX collapse, when Carolin Ellis, CEO of Alameda Research, posted that Alameda would buy Changpeng Zhao’s FTT tokens for $22 each. Of course, that did not materialize and could not save the market from an eventual collapse. Velez thinks the crypto market is preparing for a cleansing flush-out before the next bull run in 2024.
Ecks, a respondent to Velez’s post, noted that Changpeng Zhao, CEO of Binance, already claimed that the exchange has no loans. If that is the case, Ecks questioned the possibility of liquidation.
FTX and BlockFi reach tentative settlement for up to $874 million: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Alex Taub, CEO and co-founder of Truth Arts, explains how his company is helping turn non-fungible tokens into something that could generate value for NFT holders in the future.
#FTX. #FTX.Trading.Ltd #BTC/USDT: $BTC $ETH $BNB
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Alex Taub, CEO and co-founder of Truth Arts, explains how his company is helping turn non-fungible tokens into something that could generate value for NFT holders in the future.
#FTX. #FTX.Trading.Ltd #BTC/USDT: $BTC $ETH $BNB
JUST IN:
FTX investors sue law firm Sullivan & Cromwell, claiming role in fraud — link
#Write2Earn #FTX.
FTX investors sue law firm Sullivan & Cromwell, claiming role in fraud — link
#Write2Earn #FTX.