The main vulnerability behind the attack was a plvGLP oracle, which the attacker was able to manipulate.

Bitcoin was beyond the control of Sam Bankman-Fried, Wood says, while Michael Saylor says the former FTX CEO “undermined” the BTC network.

On Dec. 11, Binance issued a notice about abnormal price movements for some trading pairs. As a result, the exchange began an investigation to narrow down suspicious accounts responsible for the issue.

To help the investors legally recoup losses, Schall Law Firm plans to investigate FTX for issuing misleading statements or failing to disclose crucial information.

Joseph Bankman and Barbara Fried have started facing professional consequences for their son Sam Bankman-Fried’s actions.

If the Supreme Court decides to strike down Section 230, it’s going to become considerably more difficult for centralized social media companies to operate.

Trades made by Alameda Research were reportedly focusing on depeg Tether’s stablecoin.

Binance CEO Changpeng Zhao said the firm doesn’t want to service “unreasonable” clients.

Over 40 people and companies are named as defendants in the lawsuit, including Paris Hilton, Snoop Dog, Jimmy Fallon, Justin Bieber, Madonna.

In a spot market, traders can immediately exchange their cryptocurrency for fiat currency or another cryptocurrency by placing a buy or sell order.