Crypto Influencers Reduce Endorsement Deals
Due to the FTX lawsuit, crypto influencers are rejecting lucrative endorsement offers over concerns about the company’s future. Since the crypto exchange FTX collapsed last year, several celebrities have been sued for their alleged role in its promotion. As a result, crypto influencers are taking extra precautions with endorsement agreements. A $1 billion class action […]
Liquidators Discover $110 Million in Bitcoin
At present, Alameda Research, a hedge fund established by Sam Bankman-Fried, holds a bitcoin portfolio valued at over $110 million. According to a blockchain analysis firm Arkham Intelligence report, liquidators overseeing the asset recovery of the now-disgraced Alameda Research hedge fund, founded by Sam Bankman-Fried, presently possess more than $110 million worth of bitcoin held […]