'This is about the outrageous behavior of an individual,' Sen. Pat Toomey says on the FTX fallout.
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Crypto trading firm Auros Global misses DeFi payment due to FTX contagionFTX contagion spreads. Auros Global is understood to have missed a key payment on a DeFi loan. Maple Finance pool delegate M11 Credit says it has faced liquidity issues due to FTX's insolvency.
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BlackRock's Fink says crypto technology still relevant despite FTXBlackRock Inc Chief Executive Larry Fink said on Wednesday that there appear to have been 'misbehaviors' by the now-bankrupt FTX crypto exchange, but that the technology behind crypto is relevant for the future.
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Former FTX Trading CEO Sam Bankman-Fried: 'I've had a bad month'Former FTX CEO Sam Bankman-Fried knew his company was heading for trouble on Nov. 6, when he realized its trading arm had too many assets tied up in the platform. On Wednesday, he summed it up in his first public interview, saying, 'I've had a bad month.'
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Sam Bankman-Fried Says His Net Worth 'is Close to Zero' After FTX Collapse | CoinMarketCapIn an interview, the former CEO of the formerly No. 2 crypto exchange in the world, FTX, said he didn't commit fraud and believes he could still fix his bankrupt businesses.
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Sam Bankman-Fried Says FTX Had A ‘Bad Month,’ But He Didn’t Try To Defraud Anyone'I substantially underestimated what the scale of the market crash could look like,' the former cryptocurrency wunderkind said.
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BlackRock CEO: FTX Token caused downfall, but tech still revolutionaryThe CEO of the world's largest asset manager BlackRock blamed FTX’s own token for the exchange's demise. He's still bullish on blockchain and crypto, however, saying it will revolutionize investing.
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