JUST IN: Genesis has $2.8 billion in outstanding loans, Bloomberg reports.

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JUST IN: Coinbase $COIN CEO says the exchange holds 2,000,000 Bitcoin ($39.9 billion).

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JUST IN: Bankrupt hedge fund Three Arrows Capital founder Su Zhu says the FTX collapse set crypto back years.

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JUST IN: Judge orders Tornado Cash developer Alex Perstev to remain in jail, citing flight risk.

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JUST IN: Sam Bankman-Fried's parents purchased 19 properties worth $121 million in the Bahamas over the past two years, Reuters reports.

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JUST IN: Binance turns down request to invest in Genesis.

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JUST IN: 🇺🇸 Texas launches investigation into Tom Brady and Steph Curry over FTX promotion.

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JUST IN: Crypto lender Genesis warns of bankruptcy without new funding.

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JUST IN: 🇺🇸 US prosecutors secretly investigated FTX months before its collapse, Bloomberg reports.

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JUST IN: JPMorgan officially registers a cryptocurrency wallet trademark.

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JUST IN: 🇬🇧 Bank of England Deputy Governor says the UK might need a digital pound, following FTX collapse.

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JUST IN: FTX "hacker" converts an additional 15,000 $ETH worth $16 million into Bitcoin, on-chain data reveals.

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FUN FACT: FTX's new CEO is paid $1,300/hour.

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JUST IN: FTX "hacker" has converted 25,000 $ETH worth $30 million into Bitcoin, on-chain data reveals.

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BREAKING: Twitter unsuspends former President Donald Trump's account.

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JUST IN: Donald Trump wins Elon Musk's Twitter poll to be reinstated on the platform.

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JUST IN: 🇺🇸 US Senator Josh Hawley demands top Democrats and Biden officials release emails regarding FTX, Alameda Research, and Sam Bankman-Fried.

JUST IN: Sam Bankman-Fried's lawyer, Paul Weiss, has dropped him as a client.

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JUST IN: Theranos founder Elizabeth Holmes sentenced to 11 years in prison for fraud.

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JUST IN: 1,200 employees resigned from Twitter yesterday, NYT estimates.

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