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Former general counsel of FTX, Can Sun, and other ex-executives are establishing a new cryptocurrency exchange in Dubai. Meanwhile, The Block, a crypto news provider, has been acquired by Foresight Ventures at a valuation of $70 million. This acquisition aims to disassociate the publication from its ex-CEO's association with Sam Bankman-Fried. Additionally, FTX and Alameda Research have transferred $24 million worth of crypto assets to Kraken and OKX exchanges.
EXCLUSIVE: Crypto World Pivots Beyond Bankman-Fried Era In Wake Of FTX Scandal. @BrettHarrison88 highlights crucial accountability in #FTX fraud, separating blockchain from human greed. #BZFODA https://t.co/NOwLmCjWsa
EXCLUSIVE: Crypto World Pivots Beyond Bankman-Fried Era In Wake Of FTX Scandal. @BrettHarrison88 highlights crucial accountability in #FTX fraud, separating blockchain from human greed. https://t.co/4cOs65u5y1
A Former FTX Exec is Launching a New Crypto Exchange https://t.co/xbGUP3Yu6r
Firms from Sam Bankman-Fried's bankrupt empire, FTX and Alameda Research, reportedly transferred $24 million worth of crypto assets to the Kraken and OKX crypto exchanges https://t.co/bdMF5iWAjW
FTX further deposited $24M worth of 3 assets to Kraken, and OKX in the past 5 hours, including 250K SOL ($13.5M) 8.27M MATIC ($7.41M) and 1,500 ETH ($3.1M). As of Nov 14, FTX and Alameda have transferred out $438M worth of 42 assets to exchanges. According to @spotonchain.… https://t.co/ursHi57eDS
Two former colleagues of recently convicted Sam Bankman-Fried at FTX are building a new crypto exchange just days after their former CEO was found guilty on seven charges of fraud. @HeleneBraunn reports https://t.co/P0JX9QAYWK
The Block sold to Foresight Ventures in deal worth $70mn https://t.co/ED6whtO06V
A Singapore-based investor is taking a majority stake in crypto news publication The Block, which is seeking to rid itself of any association with an ex-CEO who accepted loans from Sam Bankman-Fried https://t.co/j9Gu5Ya6Ef
A Singapore-based investor is taking a majority stake in crypto news publication The Block, which is seeking to rid itself of any association with an ex-CEO who accepted loans from Sam Bankman-Fried https://t.co/8XkCTMULjo
A Singapore-based investor is taking a majority stake in crypto news publication The Block, which is seeking to rid itself of any association with an ex-CEO who accepted loans from Sam Bankman-Fried https://t.co/9woPAzgygR
Crypto news and data provider @TheBlock__ today said Singapore-based fund Foresight Ventures had completed an acquisition of the majority of its shares. The raise was completed at a $70 million valuation. By @shauryamalwa and @oliverknight https://t.co/ckDElZuP3Y
Bitget exchange’s VC Foresight Ventures acquired a majority stake in The Block from former CEO Michael McCaffrey in a deal that valued the company at $70 million, according to Bloomberg. The original CEO was required to repay a large secret loan from FTX Group.… https://t.co/3fCiMXvINp
NEW: The Block valued at $70M in Foresight Ventures deal https://t.co/CsTpfuMHa0
Former @FTX_Official executives team up to launch new #crypto exchange Ex-FTX general counsel Can Sun and other former company executives are reportedly aiming to solve the problems that doomed their previous employer with a new cryptocurrency exchange. https://t.co/CjjgbGzzOT
The former general counsel of FTX and other former executives are setting up a new crypto exchange in Dubai. https://t.co/z3plPuhEgl