The Department of Justice’s U.S. Trustee overseeing FTX’s bankruptcy case has moved for the court to appoint an independent examiner. Source …
Sam Bankman-Fried confronted over the fall of FTX in live interview
Sam Bankman-Fried was speaking at the New York Times’ DealBook Summit live on Nov. 30. Source …
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What is the best crypto use case? Community answers
A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks. Source …
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FTX reportedly used Alameda’s bank accounts to process customer funds
Former FTX CEO Sam Bankman-Fried, in a conversation with Vox admitted to using Alameda’s banking facilities for FTX user deposits. Source …
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Bitcoin’s new ‘worst case scenario’ puts BTC bear market bottom near $6K
Bitcoin capitulation action could send BTC price back to an area double the 2018 bear market bottom, says Decentrader’s Filbfilb. Source …
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UAE regulator revokes FTX license amid the exchange’s collapse
Dubai regulators noted that no clients were exposed, as FTX MENA was still in the preparation phase before getting fully approved to operate. Source …
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Russia intends to launch a ‘national crypto exchange’
Local lawmakers are working on amendments to the existing legislation “On digital financial assets” in consultation with market stakeholders. Source …
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