Three high-ranking executives of failed cryptocurrency exchange FTX have been reportedly released from duties.
Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, which is currently in bankruptcy proceedings in the U.S. court system.Troubled cryptocurrency exchange FTX has fired three of its top executives, according to a report by the Wall Street Journal on Friday, citing an FTX spokeswoman.
Engineering Director Nishad Singh and Caroline Ellison, who was responsible for Alameda Research, the trading arm of the exchange, are the other two dismissed managers, Reuters detailed, noting it did not receive immediate response to a request for comment from FTX.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New FTX Boss Condemns Management of the Crypto Exchange During Sam Bankman-Fried's Tenure.FTX_Official CEO Ray condemns management of the failed crypto exchange under his predecessor, SBF_FTX. By jackschickler.
Read more »
The crypto dominoes in the wake of FTX exchange collapseThe collapse of FTX and Alameda Research continues to reverberate through the crypto world — and more dominoes are falling.
Read more »
Singapore Government's Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX – Featured Bitcoin NewsSingapore government’s Temasek has written down its entire investment in the bankrupt cryptocurrency exchange FTX. crypto
Read more »
EXCLUSIVE How FTX bought its way to become the 'most regulated' crypto exchangeDocuments reveal the strategy and tactics behind founder Sam Bankman-Fried's regulatory agenda, including previously unreported terms of a deal announced earlier this year with IEX Group.
Read more »
Pension Giant Ontario Teachers' Plans to Write Off All $95 Million Invested in Crypto Exchange FTXOne of Canada's biggest pension funds with almost $250B in AUM, Ontario Teachers' is writing down its entire $95M investment in bankrupt crypto exchange FTX_Official. Aoyon_A reports
Read more »
Bank of America Downgrades Crypto Exchange Coinbase to Neutral in FTX Aftermath.BankofAmerica bails on coinbase after its 80% decline this year. While not another FTX_Official, says BofA, that does not make the exchange immune from the broader fallout in the crypto ecosystem. willcanny99
Read more »