FTX News
FTX Administrators Highlight Concerns Over Panel Members’ Influence
FTX's debtors criticized UCC for seeking asset control amid bankruptcy. Chief Restructuring Officer John J. Ray III's draft plan sparks controversy over returns from FTX's…
BTC Hodlers Drive Market Surge, 97 Out Of 700+ Crypto Funds Shut Down
According to Swiss investment adviser 21e6 Capital, 97 of 700 global crypto funds closed in 2023. Bitcoin outperformed crypto funds as part of a significant…
FTX Reboot ‘Worse Than Starting From Scratch’: Kraken Co-founder
Kraken FX co-founder Jesse Powell says an FTX relaunch might be worse than starting afresh. FTX unveiled a draft plan to relaunch on Monday, including…
Is SBF BALD? FTX Connection Emerges in Rug Pull Investigation
The crypto community on Twitter has raised concerns about the identity of the BALD memecoin deployer. Analysis by on-chain sleuths suggested that the deployer may…
FTX Unveils Customer Reimbursement Plan, Proposes to Restart FTX.com
FTX introduced a novel draft creditor-repayment plan to settle its customer claims in cash. The platform also proposed to restart FTX.com for offshore customers. The…
FTX, Genesis Strike Deal to Settle Multi-Billion Dollar Bankruptcy Dispute
Bankrupt crypto exchange FTX and crypto lender Genesis reach an agreement in principle to resolve multi-billion dollar claims. The “settlement” aims to resolve various claims,…
US Prosecutors Acquit SBF of Illegal Campaign Donations: Report
Sam Bankman-Fried has been acquitted of unlawful campaign contributions, one of the charges imposed on him. The Bahamas revealed that the extradition documents were exclusive…
FTX Faces Fresh Controversy: Alleged Island-Buying Plan
Legal action unveils extensive fraud at bankrupt crypto giant FTX Trading. Lawsuit exposes alleged cash shortfall and dubious transactions at FTX. Accusations of island acquisition…
Bankrupt FTX Seeks to Recover $71M from its Philanthropic arm
FTX lawyers seek to recover $71 million from the company’s Philanthropic and Life Science arm. The court filings claim that the donations were made with…
Australian Regulator Permanently Withholds FTX Business License
Australia's regulator cancels FTX's crypto exchange license. FTX Australia is allowed to provide limited financial services until July 12, 2024. The exchange is still required…
