COMPANIES

The issue between CZ and Sam Bankman-Fried dates back to November when the Binance CEO announced his exchange would slash all of its FTT tokens.

The said house was used by Bankman-Fried's lobbying team as a headquarters at the time when his political influence in Washington started growing.

The sudden surge in the price of FTX's native token FTT baffled many investors since FTX filed for bankruptcy in November 2022.

The report revealed that based on a court filing, U.S. prosecutors seized $700 million in assets from Bankman-Fried this month, mainly in the form of Robinhood stock.

The recent achievement, alongside its active community and use cases, could position the meme coin as a viable financial instrument.

The Dutch EV maker admitted that it has been "overcoming many challenges" since 2022.

The company has informed federal agencies about the issue and is now collaborating with law enforcement to look into the data breach.

"Recently, the Bankman-Frieds had a security incident at their home when a black car drove into the metal barricade set up outside their home," SBF's lawyer said.

The request for an audit was filed in March 2022 and the judge approved the request earlier this month.

"FTX US was so f***ing solvent that it could absolutely [throw] 250 million dollars to a hat on the way to bankruptcy, [and] it's still solvent," Bankman-Fried said in November.

Layoffs are often attributed to a lack of funds or poor revenue, but they can also be the result of structural problems in the industry.

Since late last year, Genesis showed signs that it was struggling to stave off the negative impacts of the prolonged crypto winter that sent most crypto prices to their new lows.

GoMechanic's co-founder Amit Bhasin allegedly edited his post to seemingly downplay the errors the company made in its financial reporting.

DCG explained in a letter that the latest move was made to reduce operating expenses and preserve liquidity to stave off the impact of current market conditions.

Apple CEO Tim Cook's salary for 2023 remains outrageously high, even after a 40% pay cut following a shareholder vote.

"I remain as confident as ever in our business and in the future of crypto, but I recognize we have a lot of work to do to help restore trust in the industry. It will take time, but we will get it done," Crypto.com CEO Kris Marszalek said.

The Shib Army appeared to be having a good start to the year as the value of the altcoin traded in green over the past weeks after last month's bloody trading.

Alphabet has been faced with legal troubles related to the Google search engine and it is also being affected by the tech downturn that already led other big tech giants to cut staff.

Saber Labs is the cross-chain stablecoin and wrapped assets exchange on the Solana blockchain.

"Huobi has no relationship with Huobi Korea and is unaware of their upcoming plans in the region," the crypto exchange said in a recent press release.

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

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 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.

Apple Inc. has reportedly canceled the upcoming 2024 iPhone SE 4, one of its cheaper gadget lines, according to tech analyst Ming-Chi Kuo.

"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.

The product is a smart way to introduce an outdoor game to kids who spend most of their time playing video games.

Need faster mobility? Try putting on Rollkers under your shoes.

"Thanks to its innovative features, our Connected App brings MoonBikers together to build a community with others who are passionate about the outdoors," founder Nicolas Muron said.

"When we created Familink, we were looking for a quick and simple technical solution to connect seniors easily to the rest of the family," the company said.