CRYPTO BUSINESS

Data from crypto data firm Defillama revealed that Binance customers withdrew a net of $360 million last Friday

SHIB was trading up 1.83% at $0.000008965 as of 3:31 a.m. ET Tuesday.

"We are preserving all legal remedies in response to these malicious, fake, and defamatory attacks," the official Twitter account of DCG stated.

SBF's lawyer argued that his client "requires some of these funds to pay for his criminal defense," adding that a "financial inability to defend oneself has serious consequences, and is irreparable."

BlockFi was one of the many companies that took out a loan from FTX and filed for bankruptcy in November shortly after the then second-largest crypto exchange platform collapsed.

The authorities have rounded up all of Sam Bankman-Fried's inner circle.

The Android banking malware was first discovered by Group-IB analysts, who think it is the heir of Anubis.

The decision was made after Huobi Global released a Proof-of-Reserves report in December, which bred internal concerns after it stated that the parent company had more than $3 billion in reserves, 43.3% of which were in self-issued Huobi Token.

Coffeezilla had uploaded a three-part series centered on Logan Paul and his controversial venture into the web3.

The official Twitter account of the Shiba Inu token advised the community to "stay tuned for an upcoming event announcement in the next few days!"

"Multiple whistleblowers" have already come forward, which could be the spark that burned the wick and triggered the prosecutors and regulators to conduct the inquiry.

"At @HuobiGlobal, we believe that the key to success in the world of cryptocurrency is to 'Ignore FUD and Keep Building,'" Sun said in a Twitter thread in an attempt to put worried users at ease following the surge of withdrawals.

In one of his interviews in December 2022, Bankman-Fried admitted that while some of his donations were sincere, others were made to gain favor.

SHIB, the native token of the ecosystem, spiked 5.22% following the tweet from Shibarium's official Twitter account.

The team cleared out rumors claiming that other "tokens in the network" are "required to utilize it" and noted that BONE "is and remains the only token selected for gas fees and use."

The unconventional way liquidators used to issue the subpoenas was necessary because the whereabouts of founders Su Zhu and Kyle Davis are still unknown.

"This is to confirm and validate, from us, the official source, that BONE is and remains the only token selected for gas fees and use. No other tokens will be necessary to operate within the protocol," the Shibarium update read.

African Gold Acquisition Corp discovered the alleged withdrawals in August 2022. It then fired Cooper Morgenthau and reported his activities to the financial regulator.

YouTuber Steven Findeisen, more popularly known as Coffeezilla, alleged in recently uploaded videos that Logan Paul's Crypto Zoo NFT project was a "scam."

"At HuobiGlobal, we are committed to diversity and inclusion in the workplace. That's why we are proud to announce that we will be hiring more female employees in the future," Justin Sun tweeted last week.

Bankman-Fried's lawyers disclosed that SBF parents, both professors at Stanford Law School, have been on the receiving end of physical threats since the epic collapse of FTX.

"We're still operating but will be scaling back to plan our next steps," Wyre co-founder Giannaros said.

Sam Bankman-Fried, formerly worth an estimated $26 billion, is facing charges that could send him to prison with up to 115 years sentence.

The positive news fueled the price of DOGE and compelled it to signal a potential break out from the descending wedge pattern.

In the era of social media, washing dirty laundry in public can be a double-edged sword and executives running multi-billion dollar businesses are expected to be a lot more than this.

Kusama revealed in August 2021 that the Shiba Inu team had started working with Unification/XFund to complete Shibarium.

It turned out Alameda Research was on the brink of collapse even before Sam bankman-Fried launched the crypto derivatives exchange FTX.

The crypto genius cited multiple areas in crypto that would need fixing, including privacy, UX, scaling and more secure user accounts for average users.

"Haters, you can deal with that, it is what it is," Matt Wallace said, adding that "it is time to continue making videos for Dogecoin."