Youtuber Bitboy Crypto, aka Ben Armstrong, alleged the FTX exchange and Canadian entrepreneur Kevin O’Leary were pivotal figures in taking down Celsius. The crypto lending and borrowing platform halted withdrawals on June 13 to stabilize operations amid “extreme market conditions.” Weeks before that, rumors were circulating all was not well at Celsius, including reports of … Read more
Millions of cryptocurrency traders who previously used FTX are left wondering if they’ll ever receive their funds after the exchange collapsed and subsequently filed for Chapter 11 bankruptcy. It could take years for the digital asset industry to recover. So is it all doom and gloom? Or is there some kind of positive takeaway behind … Read more
The Monetary Authority of Singapore (MAS) said it placed Binance on its Investor Alert List (IAL) and not the bankrupt FTX because the former is actively looking for users in the country, while the latter is not, according to a Nov. 21 statement. The watchdog added that neither Binance nor FTX are licensed to operate … Read more