Kelowna man loses $10,000 in cryptocurrency ponzi scheme.
FTX tells court it has evidence Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy
FTX in a bombshell emergency court filing Thursday said it has credible evidence that Bahamian regulators directed former CEO Sam Bankman-Fried to gain “unauthorized access” to FTX systems to obtain digital assets belonging to the company after it had...
BlockFi prepares for potential bankruptcy as crypto contagion spreads, report claims
Crypto lender BlockFi is making preparations for potential bankruptcy as the crypto contagion spreads to firms heavily exposed to the collapsed FTX exchange, a report has claimed. Last Thursday night Blockfi halted withdrawals of customer deposits,...
What happened to FTX? What Canadians should know about the latest crypto collapse
The cryptocurrency industry — and the institutions and investors with billions wrapped up in it — are still coming to terms with the fallout from the collapse of FTX, once one of the largest crypto exchanges in the world. In just the past week, the company has had a...
$515m is stolen from crypto exchange FTX in matter of hours. Is it hackers or an inside job?
Internet sleuths have discovered that $515 million has disappeared from the accounts of collapsed crypto exchange FTX under ‘suspicious circumstances.’ Company founder Sam Bankman-Fried resigned from FTX on Friday, as the crypto exchange filed for...
Luxury cars seized from 23-year-old ‘Crypto King’ as investors try to recoup millions
Aiden Pleterski and his company allegedly owe $35M to more than 140 investors. Two McLarens, two BMWs and a Lamborghini make up just a few of the $2 million worth of assets seized from a 23-year-old from Whitby, Ont., as his investors try to recoup millions of dollars...