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Tag Archives: ftx

Solana Keeps on Crumbling Due to FTX Ties

Solana – a crypto that’s otherwise known as SOL to its personal holders – continues to shed value given it’s so tied to the fallen crypto exchange FTX and its disgraced head executive Sam Bankman-Fried. Solana Isn’t Doing Too Well FTX is currently in the process of filing bankruptcy. Sam Bankman-Fried is accused of lending out approximately $10 billion in user funds to his other company Alameda Research, which was supposed to be a separate and independent entity from...

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The DOJ Is Investigating the Theft of FTX Crypto Funds

The drama surrounding the fall of famed crypto exchange FTX just keeps getting bigger and bigger. FTX Will Be With Us a Long Time It has been announced that several prosecutors are looking into the disappearance of approximately $370 million in crypto funds that vanished from the exchange just hours after its head executive, Sam Bankman-Fried, filed for bankruptcy. The prosecutors investigating have been hired by the Department of Justice (DOJ), which has frozen several...

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