FTX News
FTX Customers Face Potential $10B Loss with Proposed Compensation Plan
Sunil Kavuri criticizes FTX's compensation plan for severely undervaluing customer claims. FTX customers will potentially lose $10 billion with the proposed plan. The plan includes…
FTX Files Amended Reorganization Plan, Assures Full Reimbursement
FTX files Reorganization Plan, assuring that all its customers will receive at least the amount lost during the exchange’s fall. 98% of FTX creditors are…
FTX and Binance Founders’ Legal Cases Show Crypto’s Dark Corners
FTX Founder Sam Bankman-Fried and Binance Founder Changpeng Zhao faced prison sentences of 25 years and 4 months, respectively. The crypto titans who once ruled…
There Is No Option of Parole For Sam Bankman-Fried – Defense Attorney
According to Carlo D’Angelo, Sam Bankman-Fried’s jail destination would be determined by a couple of factors. D’Angelo believes Bankman-Fried will not be sent to the…
Chart Analyst Peter Brandt Revises His Stance on Bitcoin’s Trajectory
Peter Brandt, CEO of Factor LLC, suggests Bitcoin may have peaked. Brandt's revised outlook is based on exponential decay theory. Bitcoin's recent peak at $73,835…
FTX Auctions Off Solana Tokens This Week: Investors in a Buzz
FTX plans to auction off an unspecified amount of Solana tokens this week through a “blind auction.” Figure Markets, Pantera Capital, and Abra are the…
FTX Estate to Proceed With the Sale of Locked Solana Tokens via Auction
FTX is set to sell another batch of its SOL holdings via an auction. The sale will not happen at a set price like the…
FTX Bankman-Fried Strikes Deal to Pursue Celeb Promoters for $1.3M
FTX investors dropped claims against SBF for cooperation in pursuing celebrity promoters. SBF will assist in targeting Tom Brady and Shaquille O’Neal, who are accused…
FTX Treasury Wallet Moves Out $247M FTT Amid Market Gains
The wallet also moved 2,010 ETH worth $6.1M and JOE tokens worth $3.25M. FTX treasury wallet moved 195.87M FTT valued at $246.8M to a new…
Market Expert Sheds Light on BlockFi’s Bankruptcy Saga
BlockFi's bankruptcy arose from risky lending and speculative investments. Entanglement with major funds worsened its financial state. CEO Zack Prince's shift to real estate reflects…
