Bitmine Immersion Technologies Chairman Tom Lee has lost more of his investors’ money buying ETH than FTX lost on behalf of its customers. The post Tom Lee’s ETH losses at Bitmine exceed FTX customer losses appeared first on Protos ... .
A Timeline of the FTXCollapse... Bankman-Fried founds FTX, which quickly grows into a top global crypto exchange ... FTX and Bankman-Fried reach peak influence, with massive marketing, political donations, and a valuation of $32 billion.
The concentration of assets on trading venues reveals that, despite the shock of the FTX collapse in 2022 and years of industry messaging around self-custody, about one out of every six BTC in existence remains stored with third-party intermediaries.
SBF claims FTX was solvent and highlights customer repayments of 119–143%, challenging the collapse narrative ... Former FTX CEO Sam Bankman-Fried (SBF) claims that FTX was never insolvent ... “FTX could ...
TL;DR..SBF claims customers are receiving up to 143% of their funds, though the figure is disputed due to the 2022 valuation ... 2) Myth. There were polycule orgies. Truth ... FTX owned the penthouse; I spent $50k renting 10% of it for 6 months ... ....
Sam Bankman-Fried has once again taken to social media from prison, laying out what he describes as “10 myths” surrounding the collapse of crypto exchange FTX and his subsequent conviction ... Sam Bankman-Fried Denies FTX Insolvency.
Sam Bankman-Fried has re-entered the public conversation with a lengthy social media thread outlining what he calls “10 myths” surrounding the collapse of FTX... 10 Myths About Me & FTX ... FTX was insolvent / $8b vanished ... Ongoing Debate Over FTX’s Legacy.
Tether’s USDT is nearing its largest monthly supply drop since the collapse of FTX, with whales and smart money traders continuing to reduce their USDT holdings ... .
The post Why Is Tether USDT Supply Crashing? Biggest Monthly Drop Since FTX as USDC Surges appeared first on Coinpedia Fintech News Tether’s USDT just posted a $1.5 billion supply drop in February, marking the largest monthly decline since... .
USDT, the world’s biggest stablecoin, is declining faster than it has since the FTX crash in 2022 ... Read The Full Article USDT Experiences Largest Monthly Market CapDrop Since FTX Collapse On Coin Edition ....
Tether’s stablecoin is nearing its largest monthly supply decline since the 2022 FTX fallout, with February’s $1.5 billion reduction following January’s $1.2 billion drop.
In February, stablecoin supply stalled, while USDT burned 1.7% of outstanding tokens ... The supply of USDT fell by 1.7% in February to date, which is the steepest decline since the 2022 collapse of the FTX exchange and the subsequent bear market ... ... ... ....
This marks the most substantial monthly reduction since the catastrophic collapse of the FTX exchange in November 2022, according to a recent analysis by blockchain intelligence firm SolidIntel... Comparison to the FTX Collapse.