FTX News
Is SBF BALD? FTX Connection Emerges in Rug Pull Investigation
Sam Bankman-Fried (SBF) may be the deployer of the controversial meme token BALD, according to analysis by on-chain sleuths on Twitter. The previous transactions made by the wallet that added...
FTX Unveils Customer Reimbursement Plan, Proposes to Restart FTX.com
In a crucial turn of events, FTX, Sam Bankman-Fried’s crypto exchange, which filed for bankruptcy in November 2022, recently announced the launch of a draft creditor-repayment plan in an effort...
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, however, specific details of the...
US Prosecutors Acquit SBF of Illegal Campaign Donations: Report
According to a recent report, Sam Bankman-Fried, the ill-famed founder of the bankrupt crypto firm FTX, has been acquitted of unlawful campaign contributions– one of the allegations that the disgraced...
FTX Faces Fresh Controversy: Alleged Island-Buying Plan
The latest legal action against Sam Bankman-Fried, co-founder of the now-bankrupt crypto giant FTX Trading Ltd., and his former top execs has shed light on the allegations of extensive fraud...
Bankrupt FTX Seeks to Recover $71M from its Philanthropic arm
Bankrupt crypto exchange FTX and its sister company Alameda Research want to recover over $71 million from its philanthropic arm and other life science entities, court documents reveal. This latest...
Australian Regulator Permanently Withholds FTX Business License
The asset regulatory agency of Australia has taken decisive action against the local branch of the once-prominent U.S. crypto exchange FTX. Specifically, it announced the cancellation of FTX’s license, which...
Ex-FTX Official Constance Wang Takes on New Role at Sino Global
Zhe “Constance” Wang, a former top executive in Sam Bankman-Fried’s FTX, has joined crypto venture capital firm Sino Global Capitals, according to a Bloomberg report. Before the collapse of the...
FTX Relaunch Likelihood Is Low, Expert Argues Using Past Cases
In an exclusive interview, Thomas Braziel, Founder of 507 Capital, weighed in on the news of FTX considering relaunching its operations, noting that FTX is actively exploring the idea, with...
FTX CEO: We Have Begun Soliciting Interested Parties to Reboot FTX.com
Bankrupt FTX, the embattled crypto exchange that faced a high-profile collapse last year, is determined to return and revive its international platform, FTX.com. Despite the challenges posed by increased regulatory...
XRP Lawyer Questions SBF’s Parents’ Involvement in FTX Case
The XRP attorney John E Deaton probed into question the investigation on the ill-famed FTX head Sam Bankman-Fried’s parents. In his recent tweet, Deaton shed light on the previous allegations...
FTX Takes Legal Action: Sues Ex-Clinton Aide Firm K5 Global for $700M
FTX has filed a lawsuit for $700 million against K5 Global. FTX accuses K5 Global of fraud, causing substantial financial harm to the exchange. The new FTX management has amassed...
FTX Objects To Mediation Extension Proposal From Genesis Global
Bankrupt crypto exchange FTX and its affiliated debtors have filed an objection to Genesis Global Holdco’s proposal to extend its mediation period. With its latest filing in the U.S. Bankruptcy...
Journalist Tiffany Fong Reveals Candid Conversations with FTX Founder
In a compelling series of conversations published on Youtube, independent crypto expert Tiffany Fong reveals that she had the opportunity to engage with Sam Bankman-Fried (SBF), the enigmatic founder of...
Sam Bankman-Fried Seeks Dismissal Of 10 Criminal Charges
Sam Bankman-Fried, founder of the now-defunct FTX crypto exchange, has requested that a US judge dismiss 10 of the 13 criminal charges brought against him in connection with the platform’s...
U.S. Bankruptcy Court Approves M7 Holdings’ Acquisition of LedgerX
LedgerX, a derivatives trading platform previously owned by FTX, has been sold to M7 Holdings LLC, a private equity firm affiliated with Miami International Holdings, Inc (MIH). The announcement was...
FBI Carried Out Raid At Former FTX Exec Ryan Salame’s Residence
Former FTX executive Ryan Salame’s residence was recently raided by the Federal Bureau of Investigation (FBI). The raid has become the latest development in the U.S. Department of Justice’s investigation...
Crypto Regulations In Bahamas To Be Strengthened Following FTX Collapse
A consultation document was published stating that the Bahamas intends to strengthen its cryptocurrency regulations following the collapse of FTX, on Tuesday. The crypto exchange was primarily located in the...
Ontario Teacher’s Pension Plan Ditches Crypto Investments After $95M Loss
Ontario Teachers’ Pension Plan, which has a total value of $190 billion, has decided to avoid the cryptocurrency industry following the loss of $95 million from their investment in FTX,...
Judge Combines Silvergate Lawsuits Alleging FTX Connection
A California judge combines multiple investor lawsuits against the now-collapsed Silvergate Bank with alleged ties to FTX. According to the report from LAW360, United States District Judge Jacqueline Scott Corley...
Shaquille O’Neal Served In Class-Action Lawsuit Against FTX’s SBF
A law firm representing the plaintiffs in a class action lawsuit against FTX’s Sam Bankman-Fried has managed to serve popular basketball player Shaquille O’Neal. The news comes a week after...
The FTX Celebrity Has Been Running Away for Months; Says Law Firm
The Moskowitz Law Firm, the legal platform advocating the individuals and investors who have been victimized by the FTX debacle, shared a Twitter post today as a public plea to...
Crypto Analyst Cautions Investors Amid FTX Reopening Speculation
Cryptocurrency expert Michael Van de Poppe has advised against purchasing FTT tokens, the native token of the bankrupt FTX exchange, as he believes the potential risks outweigh the possible rewards....
FTX Trading Report Exposes Lack Of Financial & Accounting Controls
Bankrupt cryptocurrency exchange FTX Trading Ltd. was found to be deficient in crucial financial and accounting safeguards as per a report from the company’s creditors. The document pointed out a...
