FTX News
FTX Targets High-Profile Individuals in Legal Battle to Recover Funds
FTX has filed multiple cases to recover funds from high-profile individuals. SkyBridge Capital is facing a lawsuit from the bankrupt FTX. FTX claims Sam Bankman-Fried…
FTX’s FTT Token Defies Logic, Trading at $2 Despite Bankruptcy
A crypto user questioned the quality of data about FTX and FTT. The user noted a platform valued bankrupt FTX over existing publicly traded companies.…
FTX/Alameda Moves $28M in SOL From Staking, Analysts Eye Coinbase, Binance
FTX/Alameda's staking address regularly redeems ~170K SOL monthly, impacting exchanges. Alameda actively deposits WLD to Binance, with 23.44M WLD still held for gradual liquidation. SOL…
FTX Fraud: Caroline Ellison Sentenced to 2 Years in Prison
Caroline Ellison sentenced to 2 years for fraud in Alameda/FTX $8B fund misuse. Ellison's actions, influenced by Bankman-Fried, helps her reduce her sentence. Judge imposed…
FTX Payments to Begin: Bullish Signal for the Market?
FTX may start repaying creditors in October. Creditors could get between 10% and 25% of their crypto during the FTX repayment. FTX transferred 18% of…
Justice Served? Caroline Ellison’s Role in the FTX Scandal and Her Sentence
Caroline Ellison received a two-year sentence for her cooperation in the FTX scandal, contrasting Sam Bankman-Fried's 25-year term. Ellison's testimony revealed how FTX misused customer…
Solana Price at Risk as Alameda Unloads $24M in SOL Tokens
Alameda Research-linked wallet has redeemed 177.7K SOL tokens. Alameda also transferred 143,800 WLD and 373 AAVE to Binance and Coinbase. SOL is up almost 3%…
Caroline Ellison Seeks Leniency in FTX Case, Citing Cooperation in Trial
Ellison asks for leniency, citing cooperation and responsibility in FTX's downfall. Her testimony was key in Sam Bankman-Fried’s trial and FTX’s fraud case. A $12.7…
OKX Transfers 6.275M USDT to FTX/Alameda: Creditor Repayments Begin?
PeckShield flagged a $6.27M USDT transfer from OKX to an FTX/Alameda wallet. FTX's $12.7B creditor settlement includes $8.7B restitution and $4B disgorgement. Repayment in cryptocurrency…
FTX Reorganization Plan Wins 95% Creditor Approval
Over 95% of FTX creditors back the reorganization plan, signaling strong recovery support. FTX’s reorganization plan aims to distribute $14.5B-$16.3B, returning 100% plus interest to…
