Bahamas Regulator Says It Assumed Control of Digital Assets of FTX
Bahamas has ordered all digital assets of FTX Digital Markets Ltd (FDM) transferred to a digital wallet controlled by the Commission for safekeeping.
Nansen Blockchain Analysis: FTX Catastrophe Likely Triggered by Terra Collapse
With the collapse of Terra/UST in May, a liquidity crunch ensued as many creditors started to call back loans following the 3AC and Celsius crashes. Alameda would have needed liquidity from a source that would still be willing to give out a loan against their existing collateral
Elon Musk: FTX's Meltdown Is Better on Twitter Than Old-School Media
Elon Musk believes that the coverage of the FTX saga on Twitter is faster and better than what is being reported by the ‘old-school’ media.
The Winners and Losers in a Post-FTX World
Once crypto survives this scandal, the overall winner will be a healthier foundation on which we can build upon, minus the excess leverage and fraudulent actors.
