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Cal, Aka FTX Field, Seeks Legal Name Change After Exchange Falls

Not long ago, Live Bitcoin News reported that the FTX Arena for the Miami Heat was going to change its name following the collapse of FTX, the now disgraced cryptocurrency exchange based in the Bahamas. The company wanted nothing to do with the firm’s rotten legacy, and now Cal – aka the California Memorial Stadium/ FTX Field – is looking to do the same. Cal Doesn’t Like the Letters FTX Anymore Cal has stated that what happened with FTX is wrong and it wants no part in...

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Sam Bankman-Fried Possibly Gave Dirty Money to Democrats. What Will They Do with It?

Sam Bankman-Fried – the disgraced runner of now failed crypto exchange FTX – gave a lot of his money to democrat candidates during the midterm elections… So much, in fact, that he’s been listed as the second highest donor to said candidates this season. The Filth of Sam Bankman-Fried Fell into D.C. This raises big questions regarding where the money came from and how it was used. Many people are wondering if the money given to democrats was filthy or had been laundered...

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Where Did Sam Bankman-Fried Go? Many Crypto Analysts Are Curious

Many are wondering where Sam Bankman-Fried of FTX fame (or rather notoriety, at this point) has gone. The executive resigned from his company in mid-November following its collapse and he hasn’t been seen or heard from since. Has Sam Bankman-Fried Gone Missing? So, where is he? There seems to be a wide array of speculation online about what has become of the executive, with some claiming he has taken a private jet and fled to Argentina. Allegedly, one news source sent...

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Half a Billion in Crypto Goes Missing from FTX Exchange

Nearly half a billion dollars has been taken out of the now failed FTX exchange, and nobody really seems to know where the money went. Money Is Missing from FTX Spokespeople for the crypto exchange claim that “unauthorized transactions” are what caused the money to disappear, and it is being said that the company might have been hacked and the money stolen. The question is, “By who?” At the time of writing, the company has moved whatever funds it still had into cold...

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The FTX Crash: What Experts Are Saying

What are some experts saying about the rise and fall of FTX, which at one point was one of the largest and most popular digital currency exchanges in the world? FTX Has Crashed and Burned Craig Erlam – senior market analyst at Oanda – recently formed the following opinion about all the drama surrounding the crypto trading platform: For a long time, bitcoin has aligned itself with broader risk appetite in the markets, but it goes without saying that Tuesday was not one of those days....

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What Will Happen Now That FTX Is Bankrupt?

FTX, one of the world’s biggest and most popular digital currency exchanges, has filed for bankruptcy. This was abruptly followed by the formal resignation of the company’s founder and head executive Sam Bankman-Fried. FTX Has Fully Gone Under The company has been in hot water for the past several weeks. FTX experienced what’s been referred to as a “liquidity crunch” and initially sought the aid of its main rival Binance to bail it out of the dark hole that had been created for it. It...

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Former FTX CEO May Have Influenced Alameda Research to Invest $1.15B in Mining Firm Genesis Digital

Alameda consulted troubled entrepreneur Sam Bankman-Fried before investing in Genesis Digital.A new report has surfaced about a capital injection of over $1.15 billion that was carried out by Sam Bankman-Fried‘s Alameda Research. This was prior to the time that crypto prices began heading for the rocks. According to the report, the capital, which is Alameda Research’s biggest venture investment to date, was put into Bitcoin mining firm Genesis Digital Assets. Although, according to another...

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