Many people believe Tether could face another FTX-like crypto market collapse. These concerns deepened following Consumers’ Research’s warnings about lacking a full audit of its purported USDT dollar ...
We are increasing our fair value estimate for Coinbase to $135 per share from $130, which translates to 33 times our 2024 earnings projection. The bulk of the increase in our fair value estimate comes ...
Some market analysts think that Tether could also implode like FTX, if not audited duly by third-party agencies.
It’s been about 10 months since Sam Bankman-Fried was convicted on seven counts of fraud and conspiracy related to the collapse of FTX. It’s been ...
Tron Founder Justin Sun has stressed the need for Coinbase to adopt a Proof-of-Reserve (PoR) for better transparency.
U.S. prosecutors made a case for leniency for former FTX cryptocurrency executive Caroline Ellison when she is sentenced over ...
Justin Sun criticizes Coinbase for its lack of proof-of-reserve, arguing public audits aren't enough for transparency and ...
FTX collapsed in Nov. 2022 and filed for bankruptcy ... rules such as "don't lie" or "don't steal" was less important than ...
Fried’s former girlfriend and a top executive in his empire, is set to be sentenced on Sept. 24 for her role in the collapse ...
Ultimately, they were defrauded out of billions of dollars by FTX and bore the consequences when FTX collapsed.” This isn’t ...
Cyber Capital founder Justin Bons has criticized stablecoin issuer Tether, labeling it an “existential threat” to the crypto ...
Fried, the founder of bankrupt crypto exchange FTX, was convicted because of a "false narrative," according to his defense team.