[Thread] A look at a report from FTX debtors on the company's control failures, like awful recordkeeping, lying about using cold wallets, and sloppy key storage
Document #1242, Attachment #1 Mark Timmis / Coinmonks : Curious Cryptos' Commentary 10th April 2023 — FTX FTX : FTX Debtors Release Report on FTX Group's Control Failures Martin Young / Cointelegraph ...
In a bankruptcy hearing, FTX lawyers say a “substantial amount” of assets have been stolen from accounts; client names and addresses will be redacted for now
Crypto is the cat with nine lives, but some wonder if FTX might be the last one. CNBC : FTX lawyer calls this case ‘a different sort of animal’ in first bankruptcy hearing Panda Security Mediacenter :...
Alameda-backed DeFi projects Maps.me, a maps app with ~100M users, and “Prime Brokerage protocol” Oxygen say 95%+ of their native tokens are locked up at FTX
Xinyi Luo / CoinDesk : Tweets: @oxygen_protocol Tweets: @oxygen_protocol : 1/ The MAPS and Oxygen teams are shocked by events relating to FTX Group's bankruptcy proceedings.