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Crypto lender BlockFi says it has significant exposure to FTX:Cryptocurrency lender BlockFi said on Monday it has significant exposure to Sam Bankman-Fried's crypto exchange FTX, and associated entities, that last week filed for bankruptcy. FTX founder Bankman-Fried also resigned as chief executive, after the biggest blowup in the crypto industry drew calls for tighter
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
FTX former CEO Sam Bankman-Fried's Bahamas penthouse on sale for $54mCrypto exchange FTX International, its affiliates like FTX US and its trading firm, Alameda Research, have been in the news over the past few weeks. Founded in 2019, FTX was a leading cryptocurrency exchange besides Binance and Coinbase, but has since gone insolvent for alleged misuse of its customers’ and investors’ funds to the tune of USD8-10 billion. Just hours...
Source: asiaonecom - 🏆 10. / 59 Read more »