FTX News
Ex FTX CEO Appoints Tech Consultants For Bail Extension
FTX co-founder Sam Bankman-Fried has proposed two technology consultants, Edward Stroz and Michael McGowan, to assist the judge in his criminal fraud case to determine appropriate bail restrictions. According to...
Crypto Community Trolls Solana as it Suffers Major Network Outage
The crypto community makes fun of the Solana blockchain as it has suffered another major network outage in recent times. “How is this proof-of-stake blockchain in the top ten crypto...
Indonesia Launches National Digital Asset Exchange; Reports Say
The transcontinental country, the Republic of Indonesia, has reportedly proposed to launch a National Digital Asset Exchange to rehabilitate the crypto sector and confront the risks posed by the fallen...
Kevin O’Leary’s Calls For Regulation Of Exchanges Draws Criticism
Kevin O’Leary aka Mr. Wonderful has come under fire for his recent comments regarding the regulation of the crypto industry. The Shark Tank star claimed in a tweet earlier today...
Federal Prosecutors Charge SBF with New Financial Crimes
Sam Bankman-Fried (SBF), the ex-CEO of the fallen crypto platform FTX, has been charged with four new financial crimes, in an indictment filed by the Federal Prosecutors in New York...
Data Shows Binance Is Now the New Leader of Derivatives after FTX
According to a blog post by Kaiko, an institutional-grade crypto market tracker, the Binance exchange has taken over from FTX as the market leader in the perpetual futures space, with...
Galois Capital Shuts Down: Remaining Assets Will Reach Investors
According to the recent report, Galois Capital, the leading crypto trading fund, has decided to cease the platform’s further establishment, being one of the seriously victimized platforms under the bankruptcy...
“Names of SBF’s Bail Guarantors Have Been Released,” Tweets Fong
Crypto influencer Tiffany Fong reveals the names of bail guarantors for fallen CEO Sam Bankman-Fried in her latest tweet. Furthermore, the signers were revealed to be Larry Kramer, former dean,...
Federal Judge Tightens SBF’s Bail: Imposes Restrictions on VPN Use
According to the latest report, the former CEO of the fallen crypto exchange FTX, the ill-famed Sam Bankman-Fried has been ordered by the Federal Judge to stop using a virtual...
Kevin O’Leary Says He’s Not Worried About Blowback From FTX
Popular Shark Tank host Kevin O’Leary is not too bothered about the consequences of his relationship with Sam Bankman-Fried and his bankrupt crypto exchange FTX. O’Leary, also known as Mr....
U.S. Parliament Summons SEC Chair Over Role in FTX Investigation
The U.S. Parliament has issued an ultimatum to Gary Gensler, chairman of the Securities and Exchange Commission (SEC), asking him to provide information concerning the commission’s investigation of FTX. Gensler...
NFL Ditches Crypto Sponsorships Thanks To FTX’s Collapse
The National Football League (NFL) collected a record $1.88 billion in sponsorship fees for the upcoming Super Bowl LVII. However, none of the sponsors are affiliated with the crypto industry....
Reports Reveal: SBF’s Psychiatrist Played Coach to FTX Employees
Latest reports reveal that Sam Bankman-Fried’s (SBF) psychiatrist was hired as an in-house coach for the Bahamas-based company and witnessed its downfall. Dr. George Lerner, SBF’s personal psychiatrist was hired...
Hodlnaut’s FTX Claims Being Questioned By Potential Buyers
A Bloomberg report, noting a January 11 filing, published that potential purchasers are inquiring about the crypto lender Hodlnaut and its claims against the insolvent digital asset exchange FTX. According...
Huobi Exchange Lists FTX Users’ Debt Token ‘FUD’ on Spot Trading
Huobi Global, the leading Chinese crypto exchange, has said it will list FTX’s Users’ Debt (FUD) starting this week for spot trading. The business announced this development via its website...
FTX Expands Bid Deadline for Japan and Europe Subsidiaries
According to recent reports, the besieged crypto exchange, FTX, proposed to extend the deadline to bid for its Japan and Europe subsidiary companies as the administrators are striving hard to...
U.S Senators Grill Silvergate Over Ties With FTX
Crypto bank Silvergate has once again come under fire for its questionable ties with FTX, the Bahamas-based crypto exchange that went bankrupt in November last year. United States Senators Elizabeth...
FTX Case: Court Orders to Reveal SBF’s $250M Bail Guarantors’ Names
The founder of the now-bankrupt crypto exchange FTX, Sam Bankman-Fried is asked to make his $250 million bail guarantors’ names public. United States District Judge Lewis Kaplan has ruled that...
Bankrupt Alameda Research Sues Voyager Digital, Seeks $446M Clawback
FTX‘ s sister company, Alameda Research, formerly run by Caroline Ellison, has filed a lawsuit against defunct cryptocurrency lender Voyager Digital. Concretely, on January 30, attorneys handling the bankruptcy case...
Coinbase Exec Says SBF Was Behind 2022’s stETH De-peg
Conor Grogan, Director at Coinbase, has alleged that Sam Bankman-Fried and his quantitative trading firm Alameda Research were directly involved in a series of trades that led to the de-pegging...
SBF Attempts to Manipulate Evidence: Imposes Tougher Bail Conditions
According to recent reports, the US Attorneys in Manhattan proposed to impose inflexible bail conditions on the disgraceful Sam Bankman-Fried, the former CEO of the crypto exchange FTX. The proposal...
US SEC Investigates Investment Advisors About Crypto Regulations
The U.S. Securities and Exchange Commission is investigating registered investment advisors to determine whether they are complying with regulations regarding the custody of client cryptocurrency assets, reported three sources with...
FTX Objects to US DOJ’s Request for Individual Investigation
According to the latest reports, the once prominent and now collapsed crypto exchange FTX objected to the request of the US Department of Justice. While the department requested an independent...
3AC’s Su Zhu Speaks Out: FTX Crash Could Have Been Avoided
Expressing his opinion, Su Zhu, the co-founder of the fallen Three Arrows Capital (3AC), took to Twitter to state that the FTX crash and the tremors faced by it could...
