Former FTX CEO Sam Bankman-Fried said in a tweet on Wednesday the crypto exchange got “overconfident” and “careless” and was wrong about its leverage.
House lawmakers called on U.S. bank regulators Wednesday to step up oversight of the cryptocurrency industry as they investigate the collapse of FTX.
FTX’s Sam Bankman-Fried tweeted Thursday morning that he is “sorry,” admitting that he “f—ed up” and “should have done better.”
Binance is backing out of its plans to acquire FTX, the company said Wednesday.
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}