Sam Bankman-Fried has insisted 'FTX is fine' after his crypto empire was rocked by a series of allegations.
Sam Bankman-Fried has insisted "FTX is fine" after his crypto empire was rocked by a series of allegations.last week that delved into the finances of Alameda Research, FTX's sister company.
Over the weekend, Crypto Twitter was rocked by another bombshell after a thread was posted by Changpeng Zhao, Binance's CEO. Zhao stressed that Binance would try to ensure that the liquidations "minimize market impact" — but current conditions and limited liquidity may mean this process takes months. He added:
"Liquidating our FTT is just post-exit risk management, learning from LUNA. We gave support before, but we won't pretend to make love after divorce. We are not against anyone. But we won't support people who lobby against other industry players behind their backs. Onwards.
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FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT TokenFTX CEO SBF_FTX has dismissed speculation over whether the company has enough capital to cover its customer deposits. Reporting by oknightcrypto
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'FTX is fine,' Bankman-Fried insists as he appeals for Binance to work togetherSam Bankman-Fried also threw a barb at Binance CEO Changpeng Zhao, saying 'I'd love it, cz_binance, if we could work together for the ecosystem.'
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Solana Falls and Speculation Centers on Links to Sam Bankman-Fried’s FTX, AlamedaSolana’s SOL was a big loser in digital-asset markets on Sunday and Monday. Analysts speculate there might be a link to the recent drama surrounding Binance and Sam Bankman-Fried’s FTX and Alameda Research. _jocelynyang_ reports
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FTX CEO Accuses Competitor of False Rumors, Addressing Binance CEOFTX CEO addresses Binance CEO, accuses competitor of false rumors regarding Alameda drama alameda solana sol binance bnb ftx ftt $eth $sol $bnb $ftt
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SBF has been a 'significant donor' in the US midterm electionsCrypto-policies will weigh heavily in the 2022 midterm elections and some industry leaders are throwing millions in to support crypto-supporting candidates and campaigns.
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Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance SheetAlameda had $14.6 billion of assets as of June 30, according to a private document CoinDesk reviewed. Much of it is the FTT token issued by FTX, another Bankman-Fried company.
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