Hackers tampered with a cryptocurrency exchange, stealing between $150 million and $200 million in cryptocurrency. …
At least 20 Billionaires got burnt by Sam Bankman-Fried and FTX cofounder Gary Wang
The FTX wonderkind and his cofounder are no longer billionaires. And the sudden collapse of their cryptocurrency exchange has hit the fortunes of at least 20 of the world’s richest people. When Bahamas-based FTX and its American affiliate FTX U.S. suddenly collapsed...
LSO releases results of investigation into cheating on lawyer licensing examinations
The Law Society of Ontario (LSO) has released the results of its investigation into cheating on the November 2021 lawyer licensing examinations. “The Law Society has taken the appropriate action in the circumstances, given the gravity of the conduct and the evidence...
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...
The fall of crypto exchange FTX is ‘worse than Theranos, worse than Madoff’ as federal probes mount, former SEC official says
The fall of cryptocurrency exchange FTX has drawn numerous comparisons to the collapse of Lehman Brothers, which sparked the 2008 financial crisis. But a former Securities and Exchange Commission official likened FTX to the Theranos and Bernie Madoff debacles....
$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...