Crypto News – December 22
Bankman-Fried was arrested. Ellison and Gary Wang pleaded guilty to fraud, also settled with SEC, CFTC
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Bankman-Fried was arrested. Ellison and Gary Wang pleaded guilty to fraud, also settled with SEC, CFTC
FTX received a panic sale up to 85% of the token value, it completely plummeted beyond anyone’s expectations. Following those instances, the FTX price was unable to be stabilized, forcing the SBF to file for bankruptcy.
Most major cryptocurrencies have dropped dramatically in the last week as a result of the destruction of popular exchange FTX. Particularly, Solana (SOL) has taken a tougher pounding than most because of its ties to FTX.
Binance is backing out of its plan to acquire FTX Binance, the global cryptocurrency exchange, has announced that it would not acquire FTX exchange. “As
FTT, the token of FTX exchange, plummeted on November 8 amid controversy involving Changpeng Zhao, owner of Binance exchange. The token’s price fell from roughly