Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
Twitter is fraught with fear that exchanges may be faking proof of reserves amid rampant speculation.
Monika Ghosh 4 min read 
FTX enabled withdrawals for Bahamian clients on Nov. 11 citing compliance with regulators, but the SCB contradicted the exchange's claims.
Kraken Exchange CSO, Nick Percoco, just announced via a tweet reply that the hackers identity has been discovered
In the latter hours of Friday evening, FTX founder Sam Bankman-Fried secretly moved $10 billion in funds to Alameda trading firm via software "backdoor."
Congressman Tom Emmer has promised to investigate SEC Chairman Gary Gensler over his questionable link with FTX, Grayscale GBTC trades at less than $10,000 BTC equivalent, and much more in this edition of CryptoSlate Wrapped Daily.
FTX Ventures purchased 30% of SkyBridge in September, providing capital for SkyBridge to expand, develop new products, and introduce cryptocurrencies.
Illiquid Bitcoin supply spiked over last week, while the top four stablecoin dominance beat Ethereum's.
Following the news, FTT declined by 22% according to CryptoSlate data.
The crypto community is questioning the relationship between SEC Chair Gary Gensler and the FTX founder, with many labeling it shady.
