REVEALED: 32 | Vintage Vibes

UK investors caught up in FTX collapse make reports to police

The total loss reported was £1.16 million, with the biggest individual loss at £1 million.

The Independent UK · Jan 11, 2023

Commentary: We should celebrate, not bemoan, the swift collapse of FTX

If indeed all the reports are true— that the cryptocurrency exchange FTX lent out billions of dollars in customer deposits for risky bets without their consent — then the world should celebrate its swift demise. Markets are ruthless in rewarding success and punishing failure. And FTX’s fall from grace over…

Tribune News Service · Jan 11, 2023

Coinbase lays off around 20% of its workforce as crypto downturn continues

This latest round of job cuts, around 950, comes after the company laid off about 1,100 people back in June.

WEKU · Jan 10, 2023

McCarthy Took $2 Million From FTX Crypto Scam Co-Founder

He hasn't said what he intends to do about the money, while other Republicans have turned FTX funds over to the U.S. Treasury. 

Zenger · Jan 7, 2023

China optimism lifts Asian equities

RECAP: Asian equities advanced on Friday amid hopes for China's emergence from the pandemic and an economic lift from renewed travel from the mainland.

Bangkok Post · Jan 6, 2023

Sam Bankman-Fried's lawyers just filed a claim to keep his $450 million in Robinhood shares, arguing he needs them for legal fees

The disgraced crypto founder, once worth $26.5 billion, said he only has $100,000 in his bank account.

Fortune · Jan 6, 2023

Crypto Twitter, mainstream media, and who really exposed FTX

The Washington Post suggests pseudonymous Twitter accounts and Substack writers had an outsize role in exposing FTX.

Fortune · Jan 6, 2023

Kathleen Breitman of Tezos on 5 crypto trends that need to die—and 1 big reason for optimism

The downturn of 2022 culled many projects with shaky fundamentals—or that were outright frauds—but 2023 is the year that can reward honest actors in the space.

Fortune · Jan 5, 2023

Silvergate forced to cover $8bn worth of crypto-related withdrawals

The US bank was forced to sell $5.2bn worth of assets for cash and booked a loss of $718m on those sales

The Guardian - UK · Jan 5, 2023

Aussies stung for millions in crypto crash

The FTX collapse wiped many crypto wallets and took out smaller exchanges, but administrators for Aussie platform Digital Surge are working on a rescue plan.

AAP · Jan 4, 2023