FTX Warns Its Customers About Scammers Offering Return Of Their Lost Funds

Bad actors are attracted to the blockchain space due to its anonymous nature; these individuals seek to scam and steal funds from investors. This time, a group of fraudsters targets the already embattled investors of the bankrupt crypto exchange FTX.

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Binance Finds Solution to Stop Investors Scared by FTX Crash From Leaving: Details

The biggest crypto trader shows institutional investors that it can be safer than FTX

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Investors ditch FTX, Celsius, Blockfi, and Voyager debt as doubts surface

Cryptocurrency debt trading firm Xclaim has reported that over a hundred institutional investors have been negatively impacted by the failure FTX.

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Crypto Investors Are Cashing Out: Over $3.5 Billion Stablecoins Redeemed

The market cap of top USD-pegged stablecoins has fallen significantly over the past two weeks following FTX's implosion, according to available data. The post Crypto Investors Are Cashing Out: Over $3.

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How bad is the current state of crypto? On-chain analyst explains

Despite the widespread loss of confidence in crypto following the FTX collapse, Bitcoin’s on-chain data gives investors hope.

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Caroline Ellison, hate, misogyny, FTX, and the media - Making sense of it all

There is something unequivocally spellbinding about the bear market. It reveals investors' prudence and flushes out faint-hearted tourists. You can look at it as a catharsis of sorts. Above all that, The post Caroline Ellison, hate, misogyny, FTX, and the media - Making sense of it all appeared first on AMBCrypto.

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Is Solana truly bullish after praise from analysts and investors?

Solana (SOL/USD) has increased in terms of investor appeal due to the fact that it was analyzed by Santiment and by Synapse COO Max Bronstein. Furthermore, the Solana Foundation held $180 million worth of crypto assets on FTX.

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Why Bitcoin dollar-cost-averaging could be your best bet in current market

 Bitcoin has continuously dropped over the last couple of weeks, largely due to the FTX crash Institutional investors like the Purpose Bitcoin ETF Holdings have not yet bought back despite theThe post Why Bitcoin dollar-cost-averaging could be your best bet in current market appeared first on AMBCrypto.

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Crypto Self-Custodying Offers Protection Amid FTX Exchange Fallout

Huge losses of funds at FTX have shaken the trust of crypto investors, but private keys and crypto wallets can protect investors from fraud and mismanagement.

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Bitcoin [BTC]: Some conviction and a lot of changing hands is a sign of...

Bitcoin fell to a two-year low following the collapse of FTX and this led to a decline in investors' conviction Long-held BTCs are moving addresses With the general cryptocurrency market takThe post Bitcoin [BTC]: Some conviction and a lot of changing hands is a sign of... appeared first on AMBCrypto.

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Bitcoin Cash reclaims $110 support. A reason to be optimistic about further gains?

Wednesday’s relief rally among most cryptocurrencies underlined investors’ confidence was crawling back. Crypto tokens, such as Bitcoin Cash (BCH/USD), had lost key important levels post the collapse of the FTX exchange.

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DCG CEO Barry Silbert addresses investors’ concerns in a letter to shareholders

The crypto contagion sparked by the downfall of FTX seems to have found its latest victim- Genesis Global Capital. However, the trouble isn’t limited to the New Jersey-based crypto lender. MarkeThe post DCG CEO Barry Silbert addresses investors’ concerns in a letter to shareholders appeared first on AMBCrypto.

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Crypto wallet SafePal reports record sign-ups following FTX’s collapse

Crypto exchange FTX filed for bankruptcy on November 11, and its collapse is driving more cryptocurrency investors toward self-custody.   SafePal, the Binance-backed decentralized wallet brand including software/hardware/extension wallet offerings, revealed on Wednesday that it is sessing numbers of new users on its platform.

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Ripple CTO accuses investor groups of fanning FTX scam

Ripple CTO is on Twitter again as he shares key lessons from the FTX crisis. He alleges that investors were instrumental.

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Quant (QNT) Struggles Above Key Support Of $100; Here Are Levels To Watch

 QNT’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $100.    QNT’s price continues to look weak as bearish market sentiments increase, with things looking uncertain for most traders and investors.

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Binance Coin Loses $270 Support As Bears Eye $200; Will Bears Push Harder?

 BNB’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $260.    BNB’s price continues to look weak as bearish market sentiments increase, with things looking uncertain for most traders and investors.

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Binance CEO denies report firm met with Abu Dhabi investors for crypto recovery fund

Changpeng Zhao first announced the fund following FTX filing for bankruptcy, saying it would be aimed at helping projects with liquidity issues but was not for “liars or frauds.”

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Kucoin On The Spot For Holding Nearly One-Fifth Of Its Reserves In Its KCS Token

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Arthur Hayes warns investors against crypto companies without proof of reserves

Arthur Hayes has cautioned customers against investing in custodians that won’t publish a Proof of Reserves (PoR) Audit. He made the comment on Twitter on November 20, 2022, in light of the FTX contagion that has wrecked several crypto companies.…

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Coinbase (COIN) slides to new low amid FTX contagion fears

Coinbase (NASDAQ: COIN) fell nearly 10% on Monday as major cryptocurrencies continued to slide following the recent collapse of crypto exchange FTX.   Coinbase shares fall 10% to hit new low With contagion fears still fueling jitters among crypto investors, the COIN stock price declined to $40.

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FTX owes nearly $3.1B to creditors, lawyers warn about “Enormous Exercise”

Investors are curious as to when they will get their money from the now-defunct cryptocurrency exchange FTX. Unfortunately, insolvency attorneys have cautioned that it might take "decades. " The crThe post FTX owes nearly $3.

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Major Reveals From The FTX Bankruptcy Filing, What’s The Takeaway?

With the FTX crypto exchange’s collapse, many events erupted in the crypto space. As a result, more of FTX’s investors and partners record massive losses with no potential recovery system.

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MAS dispels Binance and FTX treatment misconceptions following the latter’s collapse

MAS stated that they listed Binance to the IAL because the exchange continued soliciting investors without a license.

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Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto

High bond yields are reflective of sharply higher rates as well as skepticism about the long-term viability of crypto amongst institutional investors, one investor said.

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Investors seek refuge at Oryen Network after FTX, Gate.io, and Crypto.com crackdown

The once-respected cryptocurrency trading platform FTX filed for Chapter 11 bankruptcy on November 11 due to severe liquidity concerns. Following this tragedy was a discovery by analysts that 320,000 Ether had been transferred suspiciously between Crypto.

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Algorand's current market standing could have investors eyeing ALGO because...

ALGO shows improvements on the social front dApps witnessed a surge in unique users and TVL shows growth With most eyes on the events that transpired around FTX in the last 13 days, a networThe post Algorand's current market standing could have investors eyeing ALGO because... appeared first on AMBCrypto.

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Singapore police warn investors against FTX phishing scams: Report

FTX has an estimated $8 billion hole in its balance sheet. Investors desperate to get their money back are being targeted by phishing scams.

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I predicted FTX's collapse a month before it happened

There were ample warning signs to tip investors off to problems behind the scenes at FTX.

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This Crypto Venture Capital Loses Almost $1B On FTX, When Will This FTX Fiasco End?

The collapse of the FTX crypto exchange is one of the biggest shocks to hit the industry. The impact of the fall is spreading to different crypto assets and several investors on the exchange. The crypto market has been experiencing massive downward performance as prices of assets kept declining.

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Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment

A prominent Asia-based crypto investment firm, Sino holds many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire. FTX was also a key partner on a big fund Sino raised with outside investors' capital.

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Market Wrap: Investors Continue to Learn More About FTX's Mismanagement

The largest cryptocurrency by market capitalization was recently up about 1% and hovering comfortably over its $16,000 support of the past nine days. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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FCA Urges To Have More Support For Banning Crypto Companies In UK

The crypto exchange FTX collapse that occurred last week not only shattered the investors’ sentiment on cryptocurrencies but also alerted legal actors such as FCA (Financial Conduct Authority) against crypto companies.

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$138B investment manager Man Group to launch crypto hedge fund: Report

Institutional investors still see a future for Bitcoin and cryptocurrencies despite the epic collapse of FTX and Alameda Research.

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Here’s How Some FTX Account Holders Can Get Their Money Back – But Time Is Running Out

British computer scientist Joshua Browder discusses how institutional investors can file “Schedule E” claims in a bid to recover their funds from the beleaguered exchange.

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Chiliz Continues To Trend Higher Amidst World Cup Fever; Is $0.4 Possible?

 CHZ’s price shows bullish signs as price breaks out above its range channel showing signs to rally high as FTX fiascos continue.    CHZ’s price trades above $0. 25 with the market’s current state, as things look uncertain for most traders and investors.

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'A Complete Failure of Corporate Controls': What Investors and Accountants Missed in FTX’s Audits

An expert review of FTX’s audited financial statements reveals a series of red flag related-party transactions that should have led to more scrutiny of the company’s operations.

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Multicoin Expects FTX Contagion To Hold Industry In Its Grips For Weeks To Come

In a letter to its investors, one of the industry’s most notable crypto venture firms, Multcoin Capital, has revealed its thesis for the coming weeks. Managing partners Kyle Samani and Tushar Jain write in a 3,400-word letter that the FTX fiasco does not spell doom for the crypto industry, as critics like Peter Schiff and Nassim Taleb recently did.

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Litecoin Shows Bullish Signs As Price Eyes $70; Will Bulls Push To This Region?

 LTC’s price shows bullish signs as price holds above its range channel showing signs to rally high as FTX fiascos continue.    LTC’s price trades above $60 with the market’s current state, as things look uncertain for most traders and investors.

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Genesis sought $1B emergency loan but never got it

Crypto lender Genesis sought out an emergency loan of $1 billion from investors in the wake of FTX’s collapse and ensuing bankruptcy but never got the funds it requested, The Wall Street Journal reported November 17.

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Solana Buckles Under FTX Debris, Is Single-Digit SOL A Possibility?

Solana (SOL) was one of the hardest hit blockchains by the FTX collapse. Even now, more than a week after the initial bankruptcy, SOL continues to buckle under the weight of uncertainty left among its users and investors given Sam Bankman-Fried’s (SBF) heavy involvement in the Solana blockchain.

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FTX Contagion is Spreading. Here’s How to Keep Your Crypto Safe

Crypto investors have been reiterating the importance of storing coins in self-custodial wallets since the collapse of FTX. But self-custody can be intimidating, which is why weve put together a...

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Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases

The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect.

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Bitcoin Bulls And Bears Tussle As Price Stalls At 16,500; Who Will Come Top?

 BTC’s price lost its all-time high of $18,000 as FTX fiascos continued to affect its price.    BTC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.

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BingX creates relief fund for partners affected by FTX bankruptcy

BingX will set up a relief fund to help investors affected by the FTX bankruptcy.

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Binance Receives FSP License In Abu Dhabi Amidst FTX Fiasco

Binance is the leading crypto exchange worldwide, with several digital tokens available to traders and investors. Its trade volume makes it the largest in the world. Binance primarily provides a seamless crypto transaction experience to its users.

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FTX Contagion Spreads, Will ETHE And Grayscale Bitcoin Trust Share Same Fate As FTT?

The sudden decline of FTX has created a devasting effect on the entire Bitcoin and crypto market. Panic shorting of digital assets is the order of the day, with Solana taking a massive hit as many investors dumped the coin.

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CryptoSlate Wrapped Daily: SBF faces investor lawsuit in the US as Australia suspends FTX operations; LFG spent $2.8B on UST peg defense

The biggest news in the cryptoverse for November 16 includes Gemini halting withdrawals on its Earn program, Coinbase saying it has zero exposure to Genesis Trading, and Messari estimating that FTX investors may get back up to 50% of their funds after bankruptcy process.

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Tom Brady and other celebrities named in class-action lawsuit against FTX

Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit.

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Sam Bankman-Fried updates investors: ‘We got overconfident and careless,’ claims $13B leverage

“I was on the cover of every magazine, and FTX was the darling of Silicon Valley,” said the former CEO on the crypto firm’s path to bankruptcy.

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