Tag Archives: ftx

2022 has been an atrocious year for cryptocurrency. Many digital asset companies have been forced into dark places and filed for bankruptcy, and it looks like leading blockchain firm Block Fi might be next. Things Aren’t Looking Good for Block Fi Throughout 2022, the crypto space has been hit harder than it ever has in its short, 14-year history. Bitcoin, for example, has dropped from its all-time high of about $68,000 per unit – which it achieved in November of last...

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Anthony Scaramucci – the founder of Sky Bridge Capital and the former communications director for President Donald Trump – has given his thoughts on the FTX debacle and the fall of what was labeled one of the biggest and most prominent crypto exchanges in the space. Anthony Scaramucci Gives His Thoughts on FTX FTX took a 30 percent stake in Sky Bridge last September. At the time of writing, the company has filed bankruptcy and the executive behind it all, Sam...

A new lawsuit centering around failed exchange FTX has named legendary sports stars like Tom Brady and David Ortiz as potential defendants. Many of these individuals have long been associated with FTX and promoted what is now considered a fraudulent and twisted exchange. Tom Brady and Others Are Being Sued The lawsuit was filed in the U.S. District Court of Miami, Florida. Not long ago, FTX had purchased the naming rights of the home arena for the Miami Heat. The lawsuit...

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Mark Cuban is not happy about what’s happened with FTX, and he’s taking to social media and other online platforms to express his disappointment. Mark Cuban Isn’t Happy About the FTX Fall The FTX collapse rocked the crypto world. What was long considered one of the biggest players in the digital currency world has suddenly come crashing down without notice, and its fall from grace has led to several repercussions. Allegedly experiencing a liquidity crunch, the company...

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