ftxforarc

FTX's Celebrity "Brand Ambassadors" Named in Class Action Lawsuit
FTX's Celebrity "Brand Ambassadors" Named in Class Action Lawsuit
A lawsuit seeks to extract billions in damages from celebrities who endorsed FTX, including Tom Brady, Gisele Bündchen, Stephen Curry and Larry David. Adam Moskowitz, managing...
FTX's Celebrity "Brand Ambassadors" Named in Class Action Lawsuit

Did VC Firms Miss Red Flags with FTX?
Did VC Firms Miss Red Flags with FTX?
"The FTX rounds were a byproduct of the funding environment from last year," says Dragonfly Partner Tom Schmidt, citing more bidders than opportunities in a low interest rate...
Did VC Firms Miss Red Flags with FTX?

Major Cryptos Plunge Over the Weekend Amid FTX Collapse
Major Cryptos Plunge Over the Weekend Amid FTX Collapse
Bitcoin (BTC) slipped 2% but held above its recent $16K support while other major cryptos dropped significantly. Wave Financial’s Head of Protocol and Treasury Management Naum...
Major Cryptos Plunge Over the Weekend Amid FTX Collapse

FTX Owes $226M to Its Largest Creditor; Total of About $3.1B Owed to Top 50 Creditors
FTX Owes $226M to Its Largest Creditor; Total of About $3.1B Owed to Top 50 Creditors
FTX’s largest creditors have claims ranging from hundreds of millions to tens of millions of dollars, according to a recently filed court document. The identities of these cre...
FTX Owes $226M to Its Largest Creditor; Total of About $3.1B Owed to Top 50 Creditors

Tom Brady, Gisele Bündchen and Other Celebs Named in FTX Lawsuit
Tom Brady, Gisele Bündchen and Other Celebs Named in FTX Lawsuit
High-profile celebrities including Tom Brady, Stephen Curry and Larry David were named as defendants in a lawsuit for their roles in promoting crypto exchange FTX. The lawyer...
Tom Brady, Gisele Bündchen and Other Celebs Named in FTX Lawsuit

What FTX Fallout Means for VC Funding in Crypto
What FTX Fallout Means for VC Funding in Crypto
In Q3 of this year, venture capitalist funding for crypto startups hit a new low in 2022, at roughly $5.5 billion in fundraising, according to Galaxy Digital. Dragonfly Capita...
What FTX Fallout Means for VC Funding in Crypto