Results for "ftx"
Sam Bankman-Fried’s parents seeking dismissal of FTX lawsuit
Sam Bankman-Fried’s parents have filed a motion to dismiss FTX’s lawsuit, denying involvement in the exchange’s downfall.
FTT jumps 24% on former FTX customer complaints
The native token of the FTX cryptocurrency exchange, FTT, is up more than 24% over the past 24 hours. According to CoinMarketCap, in just 24 hours the FTT token has risen by 24.5%, reaching $3.45 at the time of writing.…
Former FTX customers seek crypto repayment amid current market rally
A group of previous FTX customers urges a U.S. court to modify the proposed repayment approach in their bankruptcy case.Â
Fintech firm Dave to pay FTX liquidators $71m
Neobank Dave will pay $71 million to FTX liquidators by acquiring a convertible promissory note from FTX Ventures, valued at $100 million.Â
FTX saga: what happened to FTX and Sam Bankman-Fried in 2023
Explore the comprehensive breakdown of what happened to FTX in 2023: from Sam Bankman-Fried going to jail to his ex-girlfriend’s confessions. The crypto industry has always been filled with captivating stories of massive success, overnight failures, notorious scams, and overwhelming…
Lessons from 2023: the FTX trial and crisis management for crypto projects | Opinion
With the proper crisis response plan, your next crisis doesn’t have to become an existential catastrophe.
FTX and Alameda transferred over 13m SOL in the last two months
Bankrupt companies FTX and Alameda have transferred millions of Solana (SOL) tokens over the past two months. According to Spot On Chain, the two firms transferred 13.22 million SOL to the exchange between Oct. 24 and Dec. 14, 2023. The…
Sam Bankman-Fried denied delayed sentencing over FTX fraud
A request to delay the sentencing of Sam Bankman-Fried was rejected by Judge Lewis Kaplan ahead of a presentence interview slated for Dec. 21.Â
Kaiko: Solana price ratio shows recovery from FTX collapse
Kaiko reports Solana is experiencing a price surge, with the SOL/ETH price ratio witnessing a strong reversal.
FTX and Bahamian liquidators agree on creditor payout plan
FTX has finalized a collaboration with Bahamian liquidators to outline details on how to pay back its creditors.Â
FTX proposes plan to end bankruptcy
FTX Trading Ltd. Introduced a new proposal to return billions of dollars to customers and creditors. FTX has filed an amended plan of reorganization that will value assets at the rate at the time of the bankruptcy filing—November 11, 2022.…
Cryptocurrency investments for beginners: exploring RebelSatoshi, FTX Token, and Terra LUNA
For beginner cryptocurrency investors, a few gems can turn out to be profitable: Rebel Satoshi ($RBLZ), FTX Token (FTT), and Terra (LUNA). Let’s dig deep to understand what makes $RBLZ, FTT, and LUNA some of the best altcoins to buy.…
FTX case unwinnable, says Sam Bankman-Fried’s lawyer
Sam Bankman-Fried’s lawyer, David Mills, calls his client the worst witness ever and emphasizes the FTX founder made the case unwinnable.Â
FTX faces US officials’ tax claims prior to compensation of bankruptcy victims
U.S. officials will seize money from victims of bankrupt crypto firm FTX Trading Ltd. unless a judge rejects the government’s demand for $24 billion in unpaid taxes. The Internal Revenue Service (IRS) must substantiate its claim against FTX and show…
FTX unveils revised reorganization plan, sets mid-December court submission
According to law firm Paul Hastings, the Official Committee of Unsecured Creditors has responded to the FTX 2.0 Customer Ad Hoc Committee, offering insights into its proposed amended reorganization plan, set to be implemented in mid-December.Â
FTX, Alameda move an additional $22m worth of crypto
Per Lookonchain, the diverse mix of transferred cryptocurrencies included Ethereum, Uniswap, Shiba Inu, and several others. The move follows prior transfers of substantial amounts from FTX to well-known exchanges.Â
FTX and Alameda transferred $10.8m in cryptocurrency to three exchanges
Firms FTX and Alameda transferred $10.8 million in cryptocurrency to the Wintermute, Binance and Coinbase exchanges. According to Spot On Chain, the companies — now under receivership — transferred $10.8 million in eight crypto assets: 10 million StepN (GMT) ($2.58…
FTX approved to sell assets worth $873m for creditor repayment
Bankrupt cryptocurrency exchange FTX has been given the green light to sell around 32 million shares held in various digital asset trusts as part of its efforts to recover funds. According to a Nov. 29 filing in a Delaware bankruptcy…