{"id":14635,"date":"2022-11-20T15:49:57","date_gmt":"2022-11-20T15:49:57","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bankman-frieds-private-jet-causes-buzz-kraken-ceo-addresses-ftx-collapse-more-sleeping-bitcoins-wake-up-week-in-review-the-weekly-bitcoin-news\/"},"modified":"2022-11-20T15:49:57","modified_gmt":"2022-11-20T15:49:57","slug":"bankman-frieds-private-jet-causes-buzz-kraken-ceo-addresses-ftx-collapse-more-sleeping-bitcoins-wake-up-week-in-review-the-weekly-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bankman-frieds-private-jet-causes-buzz-kraken-ceo-addresses-ftx-collapse-more-sleeping-bitcoins-wake-up-week-in-review-the-weekly-bitcoin-news\/","title":{"rendered":"Bankman-Fried’s Private Jet Causes Buzz, Kraken CEO Addresses FTX Collapse, More Sleeping Bitcoins Wake Up \u2014 Week in Review \u2013 The Weekly Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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With the colossal collapse of crypto exchange FTX in recent weeks, excitement in the world of cryptocurrency and finance has been in no short supply. Former FTX CEO Sam Bankman-Fried\u2019s private jet was reportedly spotted heading to Argentina, Kraken\u2019s CEO has addressed the fallout of the Alameda\/FTX saga, saying that \u201cThe damage here is huge,\u201d and many, many more stories surrounding the debacle have emerged. On top of this, more so-called sleeping bitcoins have awoken, and Elon Musk has given his two cents on bitcoin and dogecoin once more.<\/strong><\/p>\n

\"Flight<\/p>\n

Flight Radar Report Shows FTX Co-Founder\u2019s Private Jet Flew to Argentina, SBF Says He\u2019s Still in the Bahamas<\/h2>\n

According to Flightradar24\u2019s official Twitter account, the most tracked flight at 3:33 a.m. on Nov. 12, 2022, was Sam Bankman-Fried\u2019s (SBF) private jet flying from the Bahamas to Argentina. While the flight track doesn\u2019t mean SBF took the flight, a number of people suspected someone from SBF\u2019s inner circle did fly out of the Bahamas. The former FTX CEO, however, texted Reuters after the flight report, and told the news outlet he did not leave the Bahamas.<\/p>\n

Read More<\/strong><\/a><\/p>\n

\"Elon<\/p>\n

Elon Musk: Bitcoin Will Make It \u2014 Dogecoin to the Moon<\/h2>\n

Tesla CEO and Twitter chief Elon Musk has made bullish statements about bitcoin and dogecoin despite crypto market sell-offs. He said bitcoin \u201cwill make it\u201d and \u201cDOGE to the moon.\u201d Amid crypto winter and the chaos surrounding bankrupt crypto exchange FTX, Musk believes there is a future for bitcoin, ethereum, and dogecoin.<\/p>\n

Read More<\/strong><\/a><\/p>\n

\"Kraken<\/p>\n

Kraken CEO Discusses Impact of FTX Failure \u2014 Says Damage to Crypto Industry Is Huge, Will Take Years to Undo<\/h2>\n

The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX\u2019s failure on the crypto industry. After listing multiple red flags, the executive stressed: \u201cThe damage here is huge \u2026 We\u2019re going to be working to undo this for years.\u201d<\/p>\n

Read More<\/strong><\/a><\/p>\n

\"6,522<\/p>\n

6,522 \u2018Sleeping Bitcoins\u2019 Worth $107 Million Wake Up After 5 Years of Inactivity<\/h2>\n

On Nov. 16, 2022, at Bitcoin block height 763,474, someone transferred 6,522 bitcoin worth roughly $107 million after the coins sat idle for more than five years. While bitcoin\u2019s value is 75% lower than it was a year ago, so-called sleeping bitcoins have been waking up amid the recent crypto market capitulation.<\/p>\n

Read More<\/strong><\/a><\/p>\n

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\nTags in this story
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Bitcoin<\/a>, ceo<\/a>, crypto market<\/a>, dogecoin<\/a>, Elon Musk<\/a>, ftx<\/a>, FTX collapse<\/a>, Jesse Powell<\/a>, Kraken<\/a>, Old Bitcoin<\/a>, Private Jet<\/a>, Sam Bankman-Fried<\/a>, sleeping bitcoins<\/a><\/div>\n<\/div>\n

What are your thoughts on this week\u2019s top stories? Let us know in the comments section below. <\/strong><\/em><\/p>\n

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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