The new CEO of FTX gave a curt statement in response to the series of intermittent tweets by former CEO Sam Bankman-Fried. Source: https://cointelegraph.com/news/ftx-s-new-ceo-john-ray-coldly-addresses-sbf-s-erratic-tweets

Galois Capital, New Huo Technology, and Nestcoin are just some of the crypto firms with funds stuck on FTX as the exchange undertakes bankruptcy filings in the United States. …

Binance CEO Changpeng Zhao (CZ) said people should invest in crypto if they’re using “cash that you don’t need for a long time” as the market sees high volatility …

Voyager reopened its bidding process after FTX US, the original winner, filed for bankruptcy on Nov. 11. Source: https://cointelegraph.com/news/crosstower-revises-new-offer-for-voyager-s-assets-after-ftx-s-bankruptcy

It is understood that Sam Bankman-Fried and two former FTX associates are currently being detained by Bahamian authorities. Source: https://cointelegraph.com/news/sam-bankman-fried-is-under-supervision-in-bahamas-looking-to-flee-to-dubai

NFT Steez chats with Worldwide Webb founder Thomas Webb to discuss the future impact of interoperability in Web3 and the Metaverse. Source: https://cointelegraph.com/news/worldwide-webb-founder-explains-the-role-interoperability-will-play-in-web3

Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy. Source: https://cointelegraph.com/news/genesis-trading-reveals-175m-of-funds-are-locked-in-ftx

Contrary to what you might believe, monetary rewards in gaming are bad for player retention. Developers need to take player psychology and game design into account. Source: https://cointelegraph.com/news/crypto-gaming-needs-to-be-fun-to-be-successful-money-doesn-t-matter

BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for the market. Source: https://cointelegraph.com/news/bitcoin-price-hits-multi-year-low-at-15-6k-analysts-expect-further-downside

The two showed up to talk about the big merger news in crypto on a Twitch podcast. Source: https://cointelegraph.com/news/martin-shkreli-reassures-do-kwon-about-life-in-prison-as-they-discuss-ftx-and-binance