By Medha Singh and Lisa Pauline Mattackal (Reuters) – The market for fan tokens, a volatile cocktail of crypto and sport, is heating up in the desert of Qatar. Interest in this niche breed of cr[...]
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Technology
FTX remains focus of ‘active’ investigation, Bahamas attorney general says
(Reuters) – Collapsed cryptocurrency exchange FTX remains the subject of “an active and ongoing investigation” by Bahamian authorities, Bahamian Attorney General Ryan Pinder said on[...]
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Many shoppers can’t find Apple’s latest iPhones on Black Friday
By Hilary Russ and Siddharth Cavale BETHESDA, Md./NEW YORK (Reuters) – Many shoppers looking for Apple’s latest high-end phones returned empty handed from its stores this Black Friday as t[...]
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FTX was run as ‘personal fiefdom,’ faces hacks, missing assets, attorneys say
By Dietrich Knauth, Tom Hals and Tom Wilson NEW YORK/LONDON (Reuters) – FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchan[...]
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Digital Currency Group owes $575 million to Genesis Trading’s crypto lending arm
By Hannah Lang (Reuters) – Venture capital company Digital Currency Group, which owns Genesis Trading and cryptocurrency asset manager Grayscale, owes $575 million to Genesis’ crypto lendi[...]
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Investors flock to short crypto funds, products as negative sentiment deepens -CoinShares
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of digital asset exchange F[...]
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FTX founder’s remarks pose challenge for his lawyers
By Andrew Goudsward (Reuters) – FTX founder Sam Bankman-Fried, facing mounting legal challenges over the collapse of his cryptocurrency exchange, may have harmed his defense by speaking publicly[...]
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FTX’s Sam Bankman-Fried cashed out $300 million during funding spree – WSJ
(Reuters) – FTX founder Sam Bankman-Fried sold a stake in the company worth $300 million when the crypto exchange raised capital last year, the Wall Street Journal reported on Friday, citing the[...]
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Explainer-Crypto lender Genesis plagued by contagion concern after FTX blowup
By Hannah Lang and Elizabeth Howcroft (Reuters) – The uncertain future of Genesis Global Capital, one of the biggest crypto lenders, is fueling concern that the recent collapse of crytpo exchang[...]
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