Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
The new FTX CEO Ray III described the situation as a "complete failure of corporate controls and such a complete absence of trustworthy financial information."
Oluwapelumi Adejumo 2 min read 
The FTX exploiter currently holds $11.8 million BNB and ETH worth around $346.8 million at current prices.
The crypto community has blasted mainstream media outlets for their portrayal of Sam Bankman-Fried as a virtuous individual.
Temasek revealed that it conducted an extensive due diligence process on FTX, which lasted 8 months between February and October 2021.
Kyle Davies calls out Sam Bankman-Fried for hiding the scale of FTX's problems and for hunting 3AC's trading positions.
The Committee wants to hear from Sam Bankman-Fried, Binance and other related entities in the FTX's collapse.
According to "rough balance sheet" calculations, FTX users whose funds are stuck on the exchange are more likely to have less than 40% returned.
DeFi protocol Oxygen said it is shocked by the events at FTX and claimed to only have access to publicly available information about the bankrupt exchange.
The collapse of FTX put the market once again into a state of extreme fear, with BTC falling down to its lowest level of the year at $16,000.
