Ftx Trading news and trends

Genesis to Get $140M Equity Infusion from Parent Company
Cryptocurrency // November 11, 2022

Cryptocurrency brokerage Genesis will reportedly get an equity infusion of $140 million from its parent company to strengthen its balance sheet after saying its derivatives business has $175 million locked in a trading account of FTX, which has filed for bankruptcy protection.  The infusion is...

Super Bowl Ads Failed to Draw New Crypto Investors
Cryptocurrency // April 24, 2022

The Super Bowl this year, with its myriad crypto ads, has not produced the results that were needed, a Financial Times report says. Crypto companies ended up shelling out millions on various star-studded ads which pushed crypto trading as “the next big thing.” However, that...

Quick Reads
FTX Accuses Bankman-Fried’s Parents of Helping ‘Plunder’ Company

September 19, 2023
A new lawsuit accuses alleged cryptocurrency fraudster Sam Bankman-Fried’s parents of their own malfeasance. The suit, filed Monday (Sept. 18) by the bankrupt crypto exchange FTX, says that Joseph Bankman and Barbara Fried used their backgrounds as Stanford University law professors to help line their pockets as their son carried out his own alleged fraud during his […]

Genesis to Get $140M Equity Infusion from Parent Company

November 11, 2022
Cryptocurrency brokerage Genesis will reportedly get an equity infusion of $140 million from its parent company to strengthen its balance sheet after saying its derivatives business has $175 million locked...

Super Bowl Ads Failed to Draw New Crypto Investors

April 24, 2022
The Super Bowl this year, with its myriad crypto ads, has not produced the results that were needed, a Financial Times report says. Crypto companies ended up shelling out millions...