Bankman-Fried’s Private Jet Causes Buzz, Kraken CEO Addresses FTX Collapse, More Sleeping Bitcoins Wake Up — Week in Review

1 year ago

With the colossal illness of crypto speech FTX successful caller weeks, excitement successful the satellite of cryptocurrency and concern has been successful nary abbreviated supply. Former FTX CEO Sam Bankman-Fried’s backstage pitchy was reportedly spotted heading to Argentina, Kraken’s CEO has addressed the fallout of the Alameda/FTX saga, saying that “The harm present is huge,” and many, galore much stories surrounding the debacle person emerged. On apical of this, much alleged sleeping bitcoins person awoken, and Elon Musk has fixed his 2 cents connected bitcoin and dogecoin erstwhile more.

Flight Radar Report Shows FTX Co-Founder's Private Jet Flew to Argentina, SBF Says He's Still successful  the Bahamas

Flight Radar Report Shows FTX Co-Founder’s Private Jet Flew to Argentina, SBF Says He’s Still successful the Bahamas

According to Flightradar24’s authoritative Twitter account, the astir tracked formation astatine 3:33 a.m. connected Nov. 12, 2022, was Sam Bankman-Fried’s (SBF) backstage pitchy flying from the Bahamas to Argentina. While the formation way doesn’t mean SBF took the flight, a fig of radical suspected idiosyncratic from SBF’s interior ellipse did alert retired of the Bahamas. The erstwhile FTX CEO, however, texted Reuters aft the formation report, and told the quality outlet helium did not permission the Bahamas.

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 Bitcoin Will Make It, Dogecoin to the Moon

Elon Musk: Bitcoin Will Make It — Dogecoin to the Moon

Tesla CEO and Twitter main Elon Musk has made bullish statements astir bitcoin and dogecoin contempt crypto marketplace sell-offs. He said bitcoin “will marque it” and “DOGE to the moon.” Amid crypto wintertime and the chaos surrounding bankrupt crypto speech FTX, Musk believes determination is simply a aboriginal for bitcoin, ethereum, and dogecoin.

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Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo

Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo

The CEO of cryptocurrency speech Kraken has outlined the interaction of FTX’s nonaccomplishment connected the crypto industry. After listing aggregate reddish flags, the enforcement stressed: “The harm present is immense … We’re going to beryllium moving to undo this for years.”

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6,522 'Sleeping Bitcoins' Worth $107 Million Wake up   After 5 Years of Inactivity

6,522 ‘Sleeping Bitcoins’ Worth $107 Million Wake Up After 5 Years of Inactivity

On Nov. 16, 2022, astatine Bitcoin artifact tallness 763,474, idiosyncratic transferred 6,522 bitcoin worthy astir $107 cardinal aft the coins sat idle for much than 5 years. While bitcoin’s worth is 75% little than it was a twelvemonth ago, alleged sleeping bitcoins person been waking up amid the caller crypto marketplace capitulation.

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What are your thoughts connected this week’s apical stories? Let america cognize successful the comments conception below.

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