What Happened: Federal prosecutors are now alleging that Sam Bankman-Fried purchased 56 million Robinhood shares to obscure his criminal use of FTX customer property. The allegation was made in a[…]
Unchained Daily
KEEP UP ON THE TOP CRYPTO STORIES MONDAY-FRIDAY
What to Watch in Crypto This Week
Here are some of the most important things to watch out for in the upcoming week: 1. Prosecutors Ask SBF to Stop Witness Tampering Federal prosecutors want to stop former[…]
Leaked Celsius Bids Show Binance and Galaxy Digital’s Term Sheets
The crypto community is questioning why bankrupt lender Celsius may have turned down seemingly fair bids for its assets from five major companies in the space. What Happened: Five major[…]
SBF Gave $400M to Obscure Crypto Fund
Another revelation in the FTX saga has market participants asking more questions – What is Modulo Capital, and why did Bankman-Fried send the little-known crypto firm $400 million? What Happened:[…]
BlockFi Mistakenly Reveals Its $1.2B FTX Exposure
The situation at BlockFi could be worse than it appears. What Happened: Bankrupt crypto lender BlockFi mistakenly uploaded unredacted documents, revealing its $1.2 billion exposure to FTX and Alameda Research,[…]
Wormhole Hackers Move $155M
Everyone wants a piece of the staked ETH game…including the Wormhole hackers. What Happened: Blockchain security firm Certik issued an alert on Monday that the wallet address associated with the[…]
What to Watch in Crypto This Week
Here are some of the most important things to watch out for this week: 1. Genesis’s First Bankruptcy Hearing Digital Currency Group subsidiary Genesis has filed for Chapter 11 bankruptcy[…]
Genesis Transfers $150M To Crypto Exchanges and New Wallet
What happened: Embattled crypto lender Genesis has filed for Chapter 11 bankruptcy protection. Now, the firm has made a series of transfers to crypto exchanges, suggesting that it could be[…]
Is Genesis’s Prepackaged Bankruptcy The Ultimate Sacrifice?
What Happened: Embattled crypto lender Genesis is negotiating with creditors on the terms of its Chapter 11 bankruptcy filing, sources told The Block on Wednesday. Under the proposed terms of[…]
SBF Says Excel Spreadsheet Proves FTX US Is Solvent
What Happened: Former FTX CEO Sam Bankman-Fried claims that information shared by Sullivan & Cromwell (S&C) about a shortfall of funds at FTX US is inherently false. S&C said it[…]
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