Filing: MicroStrategy acquired 14,620 BTC for $616M in cash, taking its total holdings to 189,150 BTC, worth $8B+, or almost 1% of the 19.58M BTC outstanding
BTC's Surge Above $50,000 Soon? Ronaldo Marquez / NewsBTC : Major Acquisition: MicroStrategy Grows Bitcoin Reserves By 14K BTC Ahead Of ETF Approval Brandy Betz / Unchained : Micro...
Filing: Grayscale Investments, which runs the world's largest BTC trust, says Barry Silbert resigned as chair, succeeded by Mark Shifke, and doesn't explain why
Tether plans to invest up to 15% of its profits in bitcoin, as the stablecoin developer shifts its reserves toward crypto and away from US government debt
- Tether is set to purchase bitcoin on a regular basis from its profits. — It held $1.5 billion in bitcoin as of the end of the first quarter …
Crypto wallet startup Ledger faces criticism after unveiling an optional seed phrase recovery subscription service that some security experts say is insecure
Many members of the crypto community believe Ledger's latest seed phrase recovery feature is a bad idea. — 362 Total views
FTX identifies ~$5.5B in “liquid” assets for recovery, including $415M in “unauthorized third-party transfers” possibly tied to a hack found after its collapse
- FTX has identified about $5.5 billion worth of digital assets for recovery, a number that includes $415 million in “hacked crypto.”
In an open letter, Cameron Winklevoss accuses Digital Currency Group CEO Barry Silbert of engaging in “bad faith stall tactics” after Genesis halted withdrawals
Founder and CEO of Digital Currency Group Vignesh Karunanidhi / Watcher Guru : Cameron Winklevoss Accuses Barry Silbert of “Bad Faith Stall Tactics” Walter O'Leary / LinkedIn : Wal...
In an open letter, Cameron Winklevoss accuses Digital Currency Group CEO Barry Silbert of engaging in “bad faith stall tactics” after Genesis halted withdrawals
Founder and CEO of Digital Currency Group Vignesh Karunanidhi / Watcher Guru : Cameron Winklevoss Accuses Barry Silbert of “Bad Faith Stall Tactics” Walter O'Leary / LinkedIn : Wal...
In an open letter, Cameron Winklevoss says Digital Currency Group CEO Barry Silbert has engaged in “bad faith stall tactics” since halting Genesis withdrawals
Crypto entrepreneur Cameron Winklevoss is accusing fellow businessman Barry Silbert of “bad faith stall tactics” …
Sam Bankman-Fried admits involvement in two of Alameda's largest uses of funds: spending $3B to buy out Binance's FTX stake and pouring $4B into venture capital
Exchange's former CEO says he was close to key decisions at nominally separate trading firm — Speaking from his bed in Nassau …
The European Central Bank says that bitcoin is “rarely used for legal transactions” and is on the “road to irrelevance”, without citing any strong data points
European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions …
In an interview, SBF claims he donated about the same amount to both parties in 2022 but the GOP donations were “dark” money, discusses Alameda, FTT, and more
Sam Bankman-Fried's donations to Democrats are well documented. In an interview released Tuesday …
In an interview, SBF claims he donated about the same amount to both parties in 2022 but the GOP donations were “dark” money, discusses Alameda, FTT, and more
Sam Bankman-Fried's donations to Democrats are well documented. In an interview released Tuesday …
SBF claims FTX had ~$60B in collateral in spring 2022, before a credit squeeze, market selloff, and “run on the bank” reduced it to $9B and led to bankruptcy
and Themselves” Now he has become a doormat apparently. https://twitter.com/... Cas Piancey / @caspiancey : Remember when the FDIC forced Brett Harrison, former CEO of FTX US, to d...
FTX sister firm Alameda paid $11.5M for control of a small WA-based US-licensed bank, raising questions about why federal regulators approved the deal
Through a subsidiary, FTX invested $11.5 million in the parent company of Farmington State Bank, which has a single branch and, until this year, just three employees.
SBF claims FTX had ~$60B in collateral in spring 2022, before a credit squeeze, market selloff, and “run on the bank” reduced it to $9B and led to bankruptcy
The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.
Court documents: FTX owes $3.1B to its 50 biggest unsecured creditors, with claims ranging from $21M to $226M; ten claims are over $100M each
I recall hearing or reading that the top dog of Aurora … Brad Dress / The Hill : FTX owes more than $3 billion to biggest creditors: court filing The Information : FTX Owes Top 50 ...
A look at the dispute between FTX's new management and Bahamian regulators over who should control the company's assets, and how the fight may affect customers
Liquidators in the Bahamas are embroiled in a dispute with FTX over who has control over crypto assets held in the country
FTX CEO John Ray III plans to attempt to sell or reorganize its businesses after a review found many of its subsidiaries have “solvent balance sheets”
Many of collapsed crypto group's subsidiaries have ‘solvent balance sheets’, John Ray III says
Source: SBF told investors that Alameda owes FTX ~$10B and FTX extended loans to Alameda using customer funds, describing the decision as a poor judgment call
Wall Street Journal :
[Thread] FTX CEO Sam Bankman-Fried apologizes, says he “fucked up” and his priority is “doing right by users”, plans to raise funds and close Alameda, and more
1) I'm sorry. That's the biggest thing. I fucked up, and should have done better.