FTX collapse

EX-FTX CEO Sam Bankman-Fried arrested in Bahamas, extradition awaits to US

Rose Dec 22, 2022

Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, has signed documents paving the way for his extradition to the United States, where he faces fraud charges. Proceedings are scheduled to resume on Wednesday in the Bahamas…

Crypto: Binance halts withdrawals of stablecoin USDC following FTX scandal

Clark Baisa Dec 16, 2022

As it performed a token swap, the world's largest cryptocurrency exchange, Binance, momentarily blocked withdrawals of the stablecoin USDC. To do this, one must exclusively use cryptocurrencies rather than fiat money. More people…

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