US to Seek Crypto Rich individual Kwon Extradition
US prosecutors will see the extradition on fraud prices of Terraform Labs co-founder Discontinuance Kwon after his arrest in Montenegro. Kwon helped accomplish the TerraUSD stablecoin which collapsed last Would…
Crypto Crisis: Lender Genesis Files for Bankruptcy
Bloomberg’s Sonali Basak breaks down the key crypto news from the week and big bank drama heading into the weekend. From the bankruptcy of crypto lender Genesis to Jamie Dimon’s…
FTX’s Bankman-Fried Says Collateral Crashed by $51 Billion
FTX founder Sam Bankman-Fried apologized to staff in a letter that outlined a crash in “collateral” to $9 billion from $60 billion. Suvashree Ghosh reports on Bloomberg Television. Follow Bloomberg…
Crypto Contagion Fears Grow
The crisis in crypto continues. Prices are sinking yet again as the knock-on effects from FTX’s downfall keep coming. Joanna Ossinger reports on Bloomberg Television. ——–Follow Bloomberg for business news…
Bloomberg Crypto Full Show (09/27/2022)
“Bloomberg Crypto” covers the people, transactions, and technology shaping the world of decentralized finance. Sam Bankman-Fried, FTX CEO & Founder, says his company has upwards of $1 billion in free…