The dramatic collapse of cryptocurrency exchange FTX has impacted almost 30,000 Aussies who are missing “very significant” sums of money, according to FTX Australia’s administrators, with concerns the funds in accounts had no protections. KordaMentha, which has been appointed to oversee the administration of the global crypto exchange’s Aussie armContinue Reading

Disgraced former FTX CEO Sam Bankman-Fried reportedly gave himself a $300 million windfall last year when his then-red-hot cryptocurrency exchange secured a massive fundraising round. FTX raised $420,690,000 million USD from 69 different investors – both numbers clear nods to meme culture – during a Series B-1 financing round completedContinue Reading