FTX

Bitcoin's price drops as FTT hits the lowest since February 2021. (Highcharts.com/CoinDesk)
Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX's Token
Options market tied to bitcoin and ether shows renewed bias for puts, perhaps a sign of investor fears the FTX-Alameda drama may bring another market-wide crash.
Bitcoin's price drops as FTT hits the lowest since February 2021. (Highcharts.com/CoinDesk)

FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)
Sam Bankman-Fried No Longer a Billionaire After $14.6B Wipeout: Bloomberg
The FTX CEO lost an estimated $14.6 billion dollars – nearly 94% of his total wealth – according to the Bloomberg Billionaire Index.
FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

(CoinDesk)
FTX Token Plummets on Withdrawal Concerns as Contagion Hits Broader Crypto Markets
The FTT price has declined nearly 14% over the past 24 hours, with Solana's SOL and Serum's SRM taking losses along with bigger cryptocurrencies like bitcoin and ether.
(CoinDesk)

Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet
Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet
FTX CEO Sam Bankman-Fried is denying insolvency rumors plaguing the crypto exchange, tweeting in part "FTX has enough to cover all client holdings." This comes after CoinDesk...
Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet

(Danny Nelson/CoinDesk)
Solana Falls and Speculation Centers on Links to Sam Bankman-Fried’s FTX, Alameda
The SOL token fell 4.7% in the past 24 hours, and crypto traders are forming all sorts of theories as to why.
(Danny Nelson/CoinDesk)

Sam Bankman-Fried Denies FTX Insolvency Rumors as Binance Moves to Liquidate FTT Tokens
Sam Bankman-Fried Denies FTX Insolvency Rumors as Binance Moves to Liquidate FTT Tokens
Traders are scurrying to hedge against a potential slide in crypto exchange FTX's native token, FTT, in the wake of Binance's decision to liquidate FTT holdings and controvers...
Sam Bankman-Fried Denies FTX Insolvency Rumors as Binance Moves to Liquidate FTT Tokens

FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)
FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT Token
The head of FTX sister company Alameda Research offered to buy as much FTT as Binance wants to sell.
FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Binance's entry into the FTT-Alameda saga has traders scurrying to take short bets in FTT futures market. (coinglass.com)
Open Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token Holdings
Open interest has doubled to $203 million, with bearish bets in demand, as Binance's entry into the FTX-Alameda drama has caused panic among investors.
Binance's entry into the FTT-Alameda saga has traders scurrying to take short bets in FTT futures market. (coinglass.com)

FTX CEO Sam Bankman-Fried (Alex Wong/Getty Images)
FTT-Alameda Drama Weighs on Market as Asia Begins Its Week
FTT, SOL, and BNB all begin the week in the red as the market digests Alameda’s questionable financial position.
FTX CEO Sam Bankman-Fried (Alex Wong/Getty Images)