FTX
Summary: FTX CEO Sam Bankman-Fried tweeted apologies to FTX users and an update to the crypto community as the crypto exchange sinks deeper into a liquidity crunch and withdrawals remain paused.  Withdrawal pressure mounted on the Bahamas-based exchange after Binance CEO Changpeng Zhao announced plans to unwind around $2.1 billion...
FTX
Crypto market analysts continue to dissect the finances of FTX and are pointing to on-chain data to show that the exchange allegedly bailed Alameda out. Lucas Nuzzi, head of R&D at CoinMetrics, reported that he might have found evidence of FTX bailing Alameda Research out in Q2. Nuzzi showed that...