Cryptocurrency Market

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  • BTC Dominance: 56.54%

FTX Bankruptcy

most-retail-crypto-investors-lost-money-over-the-last-7-years,-according-to-bis-analysis

Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis

According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application download statistics gathered by BIS researchers suggest that most median retail crypto […]

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ftx-bankruptcy:-judge-delays-decision-on-appointing-independent-examiner-amid-cost-concerns

FTX Bankruptcy: Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns

Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millions of dollars. Currently, the bankruptcy judge is hopeful that the issue will be resolved through a mutually agreed upon solution between

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ftx-co-founder’s-alleged-extravagance-comes-to-light-in-bankruptcy-court-documents

FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents

Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spent by the FTX team in 2022 on living accommodations, hotels, food, and flights. Moreover, SBF’s quantitative trading firm allegedly owes more than $55,000 to Jimmy

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