Despite Finding $5.5 Billion, FTX Warns of 'Substantial Shortfalls' [ Crypto Espresso 1.18.23 ]

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Duration: 4:25 Views: 4.6K Submitted: 3 years ago
Description: For more information about crypto and today's stories, just Ask Alex: https://CoinMarketCap.com/Alexandria/ ???? CoinMarketCap Daily: • Despite Finding $5.5 Billion, FTX Warns of 'Substantial Shortfalls' and Clawbacks In a bankruptcy court filing, FTX's restructuring team warned that both FTX.com and FTX US were very short of what it owes customers, and suggest big clawback battles may be coming. https://coinmarketcap.com/alexandria/article/despite-finding-5-5-billion-ftx-warns-of-substantial-shortfalls-and-clawbacks • FTX US Lost $90M to Post-Bankruptcy Hack, as SBF Calls Its Bankruptcy Unnecessary FTX revealed that $90 million of the $415 million stolen a day after its bankruptcy filing belonged to the U.S. exchange. Meanwhile, SBF called its reported insolvency "extremely misleading." https://coinmarketcap.com/alexandria/article/ftx-us-lost-90m-to-post-bankruptcy-hack-as-sbf-calls-its-bankruptcy-unnecessary • Almost 200 Members of Congress Received Money From Sam Bankman-Fried or FTX Executives Now they're all struggling to give it back or to charity, which could bring more ugliness if it is clawed back in bankruptcy. https://coinmarketcap.com/alexandria/article/almost-200-members-of-congress-received-money-from-sam-bankman-fried-or-ftx-executives • CBDCs Are Dividing Opinion. Are They the Future of Money... or a Gimmick? IBM, Deloitte and Bank of America all called central bank digital currencies the future of money — but the Bank of England has warned it's still not convinced. https://coinmarketcap.com/alexandria/article/cbdcs-are-dividing-opinion-are-they-the-future-of-money-or-a-gimmick • With Mixed Reality Headset Coming, Apple Delays Lighter AR Glasses Over Technical Issues Apple's Reality Pro combines virtual reality and augmented reality in a much lighter package than anything available now, but real AR glasses get pushed back indefinitely. https://coinmarketcap.com/alexandria/article/with-mixed-reality-headset-coming-apple-delays-lighter-ar-glasses-over-technical-issues ???? From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos! ???? Coin Market Cap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content. ???? Download our app! IOS : https://apple.co/3dOkokH Android : https://bit.ly/3gHyJkS ???? Join CoinMarketCap! https://bit.ly/3dVaEoS Follow CoinMarketCap on social! https://twitter.com/CoinMarketCap https://www.facebook.com/CoinMarketCap https://www.instagram.com/CoinMarketCap https://reddit.com/r/CoinMarketCap https://t.me/CoinMarketCap ???? Subscribe to our Newsletter! https://coinmarketcap.com/newsletter/
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