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According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and
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According to a new report published by cryptocurrency data aggregator CoinGecko, several interesting anomalies surfaced in the cryptocurrency markets during the third quarter Although the digital asset industry witnessed heavy sell-offs earlier this year, its overall market cap actually increased by around $100 billion compared to Q2.While in the past,
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Bit2me, a Spanish cryptocurrency exchange, announced that the deal it aimed to complete with 2gether, another Spanish exchange, fell through due to internal discrepancies. The company hoped to absorb the customers of 2gether after it blocked operations, forcing users to pay €20 to keep using the platform after having
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