Results for "ftx"

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…

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’s native token, FTT as made significant gains gaining over 20% ahead of news of the exchange making a comeback re-emerging again.

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.

FTX has filed a lawsuit claiming that a former executive engaged in unethical practices using “hush money” to silence employees who could expose potential wrongdoing.

Former members of the now-defunct FTX.US accounting team, now operating as The Network Firm, have conducted the attestation of TrueUSD’s proof-of-reserves (PoR) as the stablecoin seeks to regain stability following a brief de-pegging incident. TrueUSD , the embattled stablecoin, has…

FTX’s sale of its $500 million stake in Anthropic, an AI startup, has been halted, making it harder for the bankrupt crypto exchange to address its $2 billion deficit. According to insiders familiar with the matter cited by Bloomberg on…

FTX, the cryptocurrency conglomerate formerly helmed by Sam Bankman-Fried, has successfully retrieved a substantial portion of the outstanding funds owed to its creditors, per information from a report. According to a recent Bloomberg article, the current management of FTX, led…

Crypto exchange FTX sues former Clinton aide and investment firm over alleged misuse of $700 million in funds

FTX, the bankrupt crypto exchange, faces significant legal and advisory costs, with filings revealing that fees and expenses between February 1 and April 30 amounted to $121.8 million. The data, compiled by The Block Research, shows that FTX’s lawyers at…

In a recent event, FTX Trading Ltd. has filed a court motion seeking approval for a stipulation with The Metropolitan Museum of Art. The museum seeks to give back $500K to the bankrupt exchange.

Australian crypto exchange TrigonX is preparing for a comeback after its December collapse in the aftermath of the FTX meltdown, where it incurred debts exceeding $50 million.

Prosecutors in the United States building a case against former FTX CEO, Sam Bankman-fried (SBF), have reportedly gathered a trove of relevant evidence that includes code snippets and emails

Singapore-based investment firm, Temasek Holdings, has cut down the compensation of its executives responsible for the failed investment in the now-bankrupt crypto exchange, FTX. Temasek disappointed in failed FTX investment  Lim Boon Heng, the chairman of Temasek Holdings, said the firm would…

In the latest development in the FTX class-action lawsuit, NBA legend Shaquille O’Neal was formally served during the broadcast of a Miami Heat versus Boston Celtics game.

FTX has made headlines again as FTX 2.0 plans with CEO John Ray III at the helm made rounds.
The news drove FTT 8% up as the FTX cryptocurrency exchange is poised for a revival.

Cryptocurrency exchange FTX, currently undergoing bankruptcy proceedings, has taken legal action against its former CEO, Sam Bankman-Fried, and other individuals involved in the acquisition of the stock trading platform Embed.

A class action lawsuit against celebrities accused of promoting the now-bankrupt FTX exchange has gained the cooperation of former FTX and FTX U.S. compliance chief Daniel Friedberg.