Tag: FTX

More executives charged in FTX collapse as SBF faces court

The former CEO of Alameda Research and the former chief technology officer of FTX Trading have been charged by the SEC and CFTC for their roles in a “multi-year scheme to defraud investors” and have also pleaded guilty to criminal charges; while SBF has been extradited to the US from the Bahamas.  

Wild West in action: FTX’s fall from grace

Events surrounding the demise of the exchange have rocked the digital assets markets, triggering $6 billion of withdrawals in three days and forcing Bitcoin to a two-year low.