John Ray, chief executive officer of FTX Cryptocurrency Derivatives Exchange, arrives at bankruptcy court in Wilmington, Delaware, US, on Tuesday, Nov. 22, 2022. Eric Lee | Bloomberg | Getty Images The Department of Justice has requested that an independent examiner be appointed to review “substantial and serious allegations of fraud, dishonesty” and “incompetence” after the … Read more
The hacker has begun dumping some of their ether holding into other assets, according to public blockchain records of the account suspected to be linked to the person. This could be one reason ether is down more sharply than bitcoin.”It obviously adds a direct selling pressure on ethereum and it affected bitcoin and other tokens,” … Read more
Binance CEO Changpeng Zhao speaking at a press conference during Web Summit 2022. Ben McShane | Sports file | Getty Images Binance’s agreement to salvage rival cryptocurrency exchange FTX from collapse shows how no one is safe from the chill of crypto winter, according to industry experts. Prior to this week, FTX was the fourth-biggest … Read more