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CNN CNN Newsroom June 4, 2024 20:53:00

Wreck. everyone is searching for answers including law enforcement. just last hour kara reported that federal prosecutors in new york with investigating the collapse, this is being nskted by the u.s. attorney s office in the southern district of new york. ftx is based in bahamas. authorities there have a team of financial investigators probing potential criminal misconduct. we don t know precisely which part of this debacle they re looking at. the wall street journal and other media outlets are reporting that ftx used customer funds to prop up its sister hedge fund s high risk trading operation without their permission. ftx said it s investigating whether some crypto assets were stolen. experts say the missing assets could be worth almost half a billion dollars, just to take a step back for a minute, ftx is a crypto exchange. it s a place for people to buy and sell bitcoin, ethereum, and other cryptocurrencies, and it s also a place where individual and professional crypto ....

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Buterin Advises 'Dog Coin People' To 'Not Issue Tokens' To Him But Give Directly To Charities

"If you must abuse my name, give the supply directly to those orgs and market it as "X% of supply donated to Vitalik-endorsed charities," Buterin said in a tweet. ....

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