“BIS Study Shows Retail Investors in Developing Economies Hardest Hit by Crypto Market Turmoil”

BIS Study Shows Retail Investors in Developing Economies Hardest Hit by Crypto Market Turmoil

The crypto market lost more than $650 billion after Terra’s implosion in May, 2022, and another $200 billion after FTX’s bankruptcy in November, the report said. The report, published on Monday, found that while most crypto app users worldwide lost money on their bitcoin holdings after last year’s collapses of the Terra ecosystem and the … Read more

“The Creditors of FTX Revealed: A Who’s Who of Wall Street, Big Tech, Airlines, and More”

The Creditors of FTX Revealed: A Who's Who of Wall Street, Big Tech, Airlines, and More

Newly unsealed bankruptcy documents revealed that FTX owes money to thousands of creditors after the once-mighty crypto exchange collapsed in November. Included in the creditor list are big names from Wall Street, such as Goldman Sachs and JPMorgan, as well as businesses, charities, individuals and other entities from around the world. FTX is now at … Read more