Ikigai Asset Management Had Large Majority of Assets on FTX, Unclear Whether It Will Be Able to Continue
California-based hedge fund Ikigai Asset Management had a "large majority" of its assets on defunct crypto exchange FTX, according to the firm's founder and chief investment officer Travis Kling.
Ukrainian Official Refutes FTX-Ukraine Money Laundering Rumors
Alex Bornyakov, deputy minister of digital transformation of Ukraine, took to Twitter Monday night to officially deny a conspiracy theory around the country's crypto fundraising effort.
CryptoCom Recovered $990 Million from FTX, CEO Says Balance Sheet Strong
Kris Marszalek – CEO of CryptoCom – said his company has a stable balance sheet that presents no risk to customers.
Turkish Law Enforcement Investigating FTX's Local Arm Following Wipeout
Turkey's Financial Crimes Investigation Agency is investigating FTX.com following the crypto exchange's dramatic collapse last week, according to an official notice published on Monday.
Kevin O’Leary: FTX Collapse Is a Turning Point for the Industry—‘Crypto Bottom Is In’
Following the collapse of the crypto exchange, he said it’s a turning point for the industry, emphasizing that the “crypto bottom is in.”
Turkish Law Enforcement Investigating FTX's Local Arm Following Wipeout
Turkey's Financial Crimes Investigation Agency said it is looking into individuals, institutions, banks and crypto service providers with ties to FTX.com after its swift collapse last week.
BlockFi：The Rumors That a Majority of BlockFi Assets Are Custodied at FTX Are False
At this time, withdrawals from BlockFi continue to be paused. We also continue to ask clients not to submit any deposits to BlockFi Wallet or Interest Accounts.
El Salvador’s President：FTX Is the Opposite of Bitcoin
FTX’s collapse triggered a massive bloodbath in the crypto market, with Bitcoin crashing below $16,000 for the first time since late 2020.
Binance Forming Crypto Industry Recovery Fund to Reduce Further Cascading Negative Effects of FTX
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transparency,” the executive stressed. “We need to work very closely with regulators all around the world to make this industry more robust.”
First Mover Americas: FTX Faces Criminal Charges
<b>Bankrupt crypto exchange FTX</b> faces a criminal investigation in the Bahamas following its dramatic collapse last week. Authorities in the Caribbean country where FTX has its headquarters are investigating whether any criminal misconduct occurred in the exchange’s decline and bankruptcy. Sam Bankman-Fried’s crypto exchange went from being one of the world’s largest to filing for bankruptcy in barely a week, after a CoinDesk article raised questions about the financial stability of its sister company Alameda Research.
