JUST IN: Sam Bankman-Fried seeks up to $9.4 billion to rescue FTX, Reuters reports.

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BREAKING: FTX begins processing withdrawals, on-chain data reveals.

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JUST IN: FTX tapped into client accounts to fund risky bets, WSJ reports.

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JUST IN: 🇯🇵 Japan regulator orders FTX local division to suspend operations.

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BREAKING: Tether freezes $46 million $USDT linked to an FTX address at the request of law enforcement, CoinDesk reports.

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JUST IN: FTX CEO Sam Bankman-Fried says "I fucked up, and should have done better."

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JUST IN: 🇸🇻 El Salvador President denies rumors that they have any Bitcoin on FTX.

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BREAKING: 🇺🇸 US inflation falls to 7.7%, lower than expectations.

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JUST IN: Binance discloses a balance in their hot and cold wallets of:

BTC: 475,000
BNB: 58 million
ETH: 4.8 million
USDT: 17.6 billion
BUSD: 21.7 billion
USDC: 601 million

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JUST IN: Stablecoin $USDD loses peg and is now trading at $0.97

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JUST IN: Sam Bankman-Fried previously transferred at least $4 billion in FTX funds to support Alameda, including user deposits, Reuters reports.

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FUN FACT: One year ago today, Bitcoin reached an all-time high of $69,044.

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JUST IN: Sequoia Capital to mark down its $213.5 million FTX investment to $0.

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JUST IN: 🇺🇸 Department of Justice launches investigation into FTX, Bloomberg reports.

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JUST IN: FTX․com suspends all onboarding of new clients and warns users against depositing.

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JUST IN: FTX CEO Sam Bankman-Fried says without more capital, bankruptcy is likely.

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JUST IN: 🇺🇸 Joe Biden says he intends to run for president in 2024.

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JUST IN: CNBC leaks video of $META (Facebook) CEO Mark Zuckerberg firing 11,000 employees.

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JUST IN: Bitcoin falls under $16,000 for the first time since November 2020.

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JUST IN: Binance Spokesperson says FTX has "issues beyond our control or ability to help."

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