Results for "ftx"
FTX and Genesis reach settlement in bankruptcy case
FTX and Genesis representatives informed the US court that they are ready to settle the bankruptcy case. In a filing to Judge Lane of the United States Bankruptcy Court, FTX and Genesis lawyers state that they agreed on a potential…
US SEC may appeal XRP ruling, Kuwait bans crypto as FTX saga unfolds| Weekly recap
US SEC may appeal judge’s ruling on XRP as Kuwait bans crypto. Indonesia and Shanghai is pro blockchain while FTX continues to make headlines
FTX wanted to buy island of Nauru, paid themselves huge bonuses, court docs show
New court documents reveal that while Sam Bankman-Fried appeared unprepared for the fall of his FTX crypto exchange, he had other survival plans. The filings disclose his strategy to acquire the island nation of Nauru, envisioning it as a sanctuary…
FTX’s former CEO SBF allegedly leaked ex-lover’s diary
The US Department of Justice (DoJ) has attributed a leak of Caroline Ellison’s personal diary excerpts, recently featured in a New York Times piece, to her ex-lover, Sam Bankman-Fried. Caroline Ellison, previously in a romantic relationship with SBF, was the…
FTX sues Bankman-Fried and execs to recover $1b
FTX filed a fresh lawsuit against former CEO Sam Bankman-Fried (SBF) and his close associates. It is looking to recover over $1 billion in misappropriated funds. The lawsuit lists: The lawsuit claims that they failed in their fiduciary duties while…
Sequoia Capital shakes up crypto team after $214 million FTX loss
Sequoia Capital’s longtime partner Michael Moritz has departed. VC is making changes to its crypto investment team
FTX to clawback $71.5 million from Bankman-Fried’s NGO
FTX lawyers are looking to recover over $70 million of commingled user funds sent to founder’s NGO
BlockFi CEO was aware of FTX’s conditions when lending to it
A recent court report alleges BlockFi CEO Zac Prince dismissed repeated warnings from his risk management team about the shaky financials of major counterparty FTX. According to the report, Prince pushed to increase lending to FTX and sister entity Alameda…
Australia revokes FTX’s financial license
The Australian Securities and Investments Commission (ASIC) has canceled the financial license of FTX Australia, a local subsidiary of crypto exchange FTX.
FTX victim raises $450k for liquid token startup
FTX victim, who lost over 90% of his net worth following the collapse, successfully raised $450,000 from his recently launched trading fund. Belgian resident Kasper Vendeloock recently launched Musca Capital, a new fund that trades liquid tokens. The venture is…
Former FTX CEO wants to exempt friends from security checks
Former FTX CEO Sam Bankman-Fried wants his close friends to visit him at his parents’ home without undergoing security checks.Â
FTX customer claims portal remains offline hours after launch
The customer claims portal for insolvent cryptocurrency exchange, FTX, went offline shortly after its debut on July 10, leaving customers unable to make claims online
Tom Brady faced millions in losses from FTX’s collapse
Tom Brady suffered a $30 million loss in the collapse of FTX crypto, facing legal challenges. Other celebs like Logan Paul and Neymar Jr. have also been hit hard with similar losses.
Former FTX boss reportedly rejected partnership with Taylor Swift
Unnamed sources now claim Taylor Swift, a well-known singer, was inclined to strike a deal with FTX, a now-defunct cryptocurrency exchange
Mark Cuban and John Reed Stark spar over FTX collapse
In a fiery debate, billionaire entrepreneur Mark Cuban and former securities official John Reed Stark sparred over the collapse of FTX and the subsequent accountability of regulators in the cryptocurrency industry. The discussion concerned the need for clear regulations and…
MicroStrategy, Hang Seng and HSBC make waves amid rising adoption, FTX recovers $7b | Weekly Recap
During this week, the crypto industry observed a consistent increase in institutional adoption. Prominent entities such as HSBC, MicroStrategy, and Hang Seng garnered attention through notable advancements. Concurrently, the spotlight was on FTX, with the new management impressively recuperating a…
FTX token (FTT) soars over 20% as exchange relaunch plans resurface
FTX’s native token, FTT as made significant gains gaining over 20% ahead of news of the exchange making a comeback re-emerging again.
FTX engages in talks to bring back international crypto exchange
According to the Wall Street Journal, bankrupt FTX is actively working on resurrecting its main international cryptocurrency exchange, as confirmed by CEO John Ray III.
