β οΈ AAX, a derivatives exchange established in Hong Kong in 2019, unexpectedly announced the suspension of all operations, including trading, withdrawals, etc. It will take 7-10 days to verify and restore user assets. In terms of trading volume, AAX is in the top 20 of Coingecko.
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π Elon Musk: Twitter will launch a crypto wallet in the near future. twitter.com
π David Gokhshtein talks about using Dogecoin on Twitter Twitter
ππ§πΈ The Royal Bahamas Police are launching an investigation into FTX.
β οΈ #FLARE Stolen funds/losses are around $17 million and 4,000 BNB of them are being laundered through Tornado
π Skybridge Capital CEO Anthony Scaramucci urges Sam Bankman-Fried to tell the truth about the FTX fiasco
dailyhodl.com
dailyhodl.com
π Twitter is laying off 4,400 of its 5,500 contractors, according to Platformer.
π CCTV2 Financial channel CCTV reports that "FTX files for bankruptcy" weibo.com
π Bahama Police Officially Intervenes in FTX Investigation Reuters.com
π TSM eSports Club: We are closely monitoring the FTX situation and are consulting legal counsel to determine next steps. twitter.com
π Changpeng Zhao calls for self-regulation of cryptocurrencies twitter.com
π AAX: Do your best to resume within 7-10 days, and will take the form of an online form to meet the withdrawal needs of users. Trends.aax.com
π Founder of Chiliz: 38 million CHZ will be distributed to individual users who hold CHZ on FTX twitter.com
π Foreign media: more than 130 companies associated with FTX applied for protection in court, but did not submit documents to the court bloomberg.com
π Crypto.com CEO: The impact on FTX is less than $10M and the large USD transfers are the purchase of non-FTX tokens. twitter.com
π Xinhuo Technology: Approximately $18.1 million worth of cryptocurrency held in FTX by a subsidiary cannot be withdrawn www1.hkexnews.hk
π Foreign media: Most of the FTX Foundation donations will not be cashed out and there will be almost no oversight nytimes.com
π Bloomberg: Much of FTX's assets have become worthless, and it may be difficult for clients to recover most of their deposits. bloomberg.com