Results for "ftx"

Two sources familiar with the matter say that the defunct cryptocurrency exchange FTX is looking to auction off the remainder of its Solana (SOL) token holdings. Speaking to Bloomberg, the sources revealed that a “blind auction” is set to be…

Disgraced entrepreneur Sam Bankman-Fried is helping… FTX investors? Yes. Celebrity endorsers (Tom Brady, Shaquille O’Neal, Stephen Curry, and Shohei Ohtani) are being sued.

The DOJ is reconsidering its decision to appoint Sullivan & Cromwell as Binance’s independent monitor because of its relationship with FTX. 

Bankrupt firm Voyager Digital has announced that it has successfully recovered $484.35 million from FTX, Three Arrows Capital (3AC), and Directors and Officers (D&O) insurance settlements. The announcement on April 10 was part of a comprehensive status update to the United States…

Former FTX executive Ryan Salame will be issued a prison sentence on May 28 following his guilty plea last September. 

What does the future hold for the platform now that Bankman-Fried faces decades in prison, and is there any chance for a revival of the FTX exchange? Once a leading name in the crypto world, FTX faced a dramatic downfall…

While FTX creditors decried unfair bankruptcy proceedings and decisions, the defunct crypto business offloaded a trove of Solana tokens at a massive discount.

The FTX Customer Ad-Hoc Committee has over 1,400 signups and $700,000 in claims.

Weekly Recap: Significant legal developments across the cryptocurrency sector, including SBF’s sentencing, regulators’ demanding $2b from Ripple, and an indictment against KuCoin. 

FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison by Judge Lewis Kaplan.

FTX is selling two-thirds of its shares in Anthropic at $884 million, most of which are being acquired by Abu Dhabi-based investors. 

Investment giants and sovereign wealth funds are showing a keen interest in acquiring FTX’s shares in AI startup Anthropic.

A venture led by a former FTX executive has effectively secured $60 million in bankruptcy claims from affected users. 

Pantera Capital is actively seeking investments from contributors to purchase Solana tokens at a markdown price from FTX’s holdings.

FTX and Alameda have settled their disputes with BlockFi, agreeing to pay the firm up to $874 million, subject to court approval. Bankrupt crypto companies FTX and BlockFi have reportedly settled their disputes arising from their collapses in 2022 after…

Defunct crypto exchange FTX has emphasized Galaxy Asset Management as its sole authorized intermediary to streamline its asset sales amid bankruptcy proceedings. 

The digital asset hedge fund LedgerPrime has been rebranded as MNNC Group with new funding and former team members following FTX’s bankruptcy.

VCs are backing a crypto startup led by former FTX and Alameda Research employees as part of a new crypto exchange.