⚡️ FTX initiate Chapter 11 bankruptcy proceedings.

⚡️ SBF stepped down as CEO of FTX.

👀 BTC

😬 Bankruptcy includes FTX US btw.

👀 Weekend ruined

🥳 Total liquidation in the last hour was $44.09 million. Among them, BTC is $18.04 million, ETH is $10.25 million.

Genesis will receive a $140 million capital injection from parent company DCG.

The firm's derivatives business currently has $175 million locked into the FTX platform.
theblock.com

👀 Companies and tokens in which FTX has invested.

🏎 Formula 1 (F1) racing team Mercedes-AMG Petronas has suspended its partnership with the FTX exchange

👀 SBF explains

https://twitter.com/sbf_ftx/status/1591089317300293636

👀 The new CEO of FTX, John J. Ray, III, was a lawyer hired to clean up Enron.

👀 web3 gaming company Kryptomon partners with Unstoppable domains

📊 CQ: 7,337.61 #BTC ($123,982,872) aggregate outflows from multiple exchanges per hour

👀 blockfolio (owned by FTX) does not process withdrawals.

👀 31,471 BTC has just been moved from Binance to a new wallet.

Since there is only one transaction in the new wallet, it is still difficult to judge if this is an internal transfer.

💸Michael Saylor's investment in BTC has now generated an unrealized loss of $1.8 billion.

👀 FTX US appears to have suspended ERC-20 withdrawals hours after filing for bankruptcy.
theblock.com

📝 Nomad have published a roadmap for restarting the bridge.
medium.com

🙋‍♂️ Cryptopia has announced the third phase of its post-hack recovery plan in 2019.
beincrypto.com

🙅‍♂️ FTX Ventures CEO Amy Wu resigns.
theblock.com

👀 FTX drops CFTC derivatives clearing plan.