5 Jun 2023

Binance Withdrawal Surges, Sees $231M in Net Outflows Amid SEC Charges

by | posted in: Breaking News, News |

The world’s largest crypto exchange was sued by SEC on Monday, alleging multiple securities law violations. Cryptocurrency traders are withdrawing funds from crypto exchange Binance as the U.S. Securities and Exchange Commission (SEC) sued the company and its CEO Changpeng … Read More
9 Nov 2022

Crypto tycoon Sam Bankman-Fried lost 94% of his fortune overnight, marking the biggest one-day wealth collapse among billionaires on record

by | posted in: News, World News |

FTX CEO Sam Bankman-Fried, who was worth $16 billion earlier this week, saw his fortune gutted by 94% to $1 billion on Tuesday. It marks the biggest wealth collapse a billionaire has ever taken in a single day, per Bloomberg. … Read More