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The Latest Breaking News from FTX US

Size, scope of FTX failure gets clearer as users fear worst

Just days after cryptocurrency’s third-largest exchange collapsed, the public is starting to get a feel of how messy FTX’s bankruptcy case could be

The Independent UK

Crypto businesses brace for FTX aftershock

The knock-on effects of the exchange's unwinding are starting to show.

Axios

Someone stole $400M from FTX over the weekend. Here’s what we know so far

On Friday night, news began to filter in that hundreds of millions of dollars were flowing out of FTX wallets.

Fortune

From analysis to the latest developments in health,
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Huge sums missing from collapsed crypto exchange

The collapsed crypto exchange FTX said on Saturday that it was moving funds into offline storage following a series of “unauthorised transactions”, with analysts saying millions of dollars worth of assets had been withdrawn from the platform.

Bangkok Post

Crypto company that faces scrutiny from Texas regulators files for bankruptcy after competitor questioned its viability

FTX’s collapse came after customers raced to cash out their deposits when a major competitor questioned its viability and declined to buy the company in a bailout deal.

The Texas Tribune

FTX files Chapter 11, SBF resigns

FTX’s filing is the culmination of a stunning week in cryptocurrency.

Axios

Crypto Billionaire Bankman-Fried's Huge Fortune Plummets to $0

Sam Bankman-Fried, 30, still had a net wealth valued at $15.6 billion on November 8.

The Street

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VC giant Sequoia writes down $214 million investment in FTX to zero: 'We are in the business of taking risk'

One of the most successful VC firms of all time invested in FTX in July 2021, when it was valued at $18 billion.

Fortune

Inside Sam Bankman-Fried's call with investors

FTX's founder and CEO was apologetic, but not terribly forthcoming.

Axios

Sam Bankman-Fried's FTX empire faces US probe into client funds, lending

U.S. regulators are investigating whether beleaguered crypto-exchange FTX.com mishandled customer funds, and they’re looking into the firm’s relationships with other parts of Sam Bankman-Fried’s crypto empire.

Tribune News Service

Robinhood Finds a Way Out of Its Problems

The brokerage of Gen Z and millennials has been climbing the slope since July, after a plunge which raised fears for the worst.

The Street

Crypto's 'White Knight' Target of Texas Securities Probe

Texas officials are investigating FTX CEO Sam Bankman-Fried and his company for allegedly offering unregistered securities products in the U.S. through its yield-bearing services.

The Street

Elon Musk Twitter Case Deposition Delayed, FTX US Goes Shopping, Spotify's Analyst Sees Audiobooks Immaterial: Top Financial Media Stories Tuesday, Sept. 27

Bloomberg

Benzinga

Voyager Assets, Customer Accounts To Be Acquired By FTX In $1.4B Deal

FTX US, the cryptocurrency exchange led by Sam Bankman-Fried, has won the bid to acquire Voyager Digital (OTC: VYGVQ), the latter said in a statement late Monday.

Benzinga

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StockNews.com

The Worst Stock to Buy on Wall Street Right Now

Specialty retailer GameStop (GME) recently announced a partnership with FTX US, which seems to have buoyed its stock. However, given its bleak fundamentals, it could be wise to steer clear of this popular meme stock. Read on….

Tribune News Service

Crypto sector lobbying expenditures up a third in second quarter

WASHINGTON — Spending by the cryptocurrency lobby hit a record high last quarter, as members of Congress from both parties and chambers proved willing to engage with the industry’s top priorities.

Roll Call

Crypto sector lobbying expenditures up a third in second quarter - Roll Call

The cryptocurrency industry set a new spending record on lobbying in the latest quarter as it becomes a bigger issue in Washington.

The Street

Robinhood Has a New and Powerful Rival

The struggling Gen Z trading platform Robinhood now faces a formidable opponent. And the companies have a shareholder in common.

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Benzinga

BREAKING: In-Depth Details Of FTX Proposal To Voyager Digital Customers

Following the Voyager Digital (OTC: VYGVF) bankruptcy filing in New York earlier this month, Sam Bankman-Fried's crypto exchange FTX on Friday announced a joint offer with West Realm Shires, the owner and operator of FTX US, and Alameda Ve

The Street

Crypto: Hedge Fund Debacle May Ruin Two Prominent Lenders

Voyager Digital just abruptly halted fund withdrawals, while BlockFi struck a deal with a potential savior.

Benzinga

FTX Bolsters Bid To Provide Trading 'That Spans All Asset Classes'

FTX US announced its acquisition of Embed Clearing, a specialist in white label brokerage experiences it provides to broker-dealers and registered investment advisors.

Benzinga

FTX US Launches Stock Trading: What Traders And Investors Need To Know

Cryptocurrency exchange FTX is making the leap into U.S. equity trading.

Chicago Sun-Times

Afternoon Edition: May 10, 2022

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Chicago Sun-Times

Cryptocurrency exchange opens headquarters in Fulton Market

FTX US also is working with Equity and Transformation, a Chicago group that helps people who have been incarcerated, to launch a one-year pilot program that will give $500 a month to 100 city residents.

Autosport

Why the Miami Grand Prix weekend will be a game changer for F1

After many decades of questions if Formula 1 would ever make it big in the United States, confirmation it has done so will come in Miami this weekend.

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