Investors are monitoring the FTX fallout as well as a corporate earnings from Walmart and other big retailers and key economic reports on retail sales and producer prices.
FTX continues to dominate the headlines after the crypto trading firm filed for Chapter 11 last week.
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during the Bloomberg Crypto Summit in New York. On Friday, his net worth was estimated at zero after being worth billions of dollars days earlier. Its CEO and founder Sam Bankman-Fried is under fire as regulators begin to piece together what brought the firm down.speculated this could be another potential "Enron" situation.
Treasury Secretary Janet Yellen, in an interview with Bloomberg, said the collapse signals the need for cryptocurrency regulation. Elsewhere, markets will be watching earnings for Oatly Group and Tyson Foods before they open.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
FTX CEO John Ray Confirms Late-Night Hack, Says Company Is Working With Law EnforcementNew FTX_Official CEO John Ray said the company is “in contact with, and are coordinating with law enforcement and relevant regulators” after last night’s hack. cheyenneligon reports
Weiterlesen »
FTX, FTX US and Alameda will file for Chapter 11 bankruptcy in US; SBF resignsFTX said roughly 130 companies in FTX Group — including FTX Trading, FTX US and Alameda Research — had started proceedings to file for bankruptcy in the United States.
Weiterlesen »
FTX bankruptcy embroils its sports, celeb investorsBig-name athletes — like Tom Brady — and sports franchises have ties to cryptocurrency exchange FTX Trading, which filed for bankruptcy.
Weiterlesen »
FTX confirms 'unauthorized access to certain assets,' working with law enforcementAcknowledging a recent hack scare, FTX's leadership says the firm is moving funds to cold custody and working with law enforcement.
Weiterlesen »
Hedge Fund Galois Capital Discloses 'Roughly Half' of the Firm's Capital 'Stuck on FTX' – Bitcoin News“I expect we will recover some percentage of our assets on FTX over the course of a few years,” the Galois Capital co-founder added.
Weiterlesen »
FTX spent $74 million on real estate in the Bahamas this year: ExclusiveFTX spent the past year buying up residential property around its headquarters in the Bahamas.
Weiterlesen »