FTX News
FTX Estate to Proceed With the Sale of Locked Solana Tokens via Auction
Bankrupt digital asset trading platform, FTX, is set to offload its locked Solana (SOL) bag via an auction, confirmed by Mike Cagney, the co-founder and CEO of Figure Markets, a...
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 of promoting FTX. The settlement...
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 destination. These transactions came amid...
Market Expert Sheds Light on BlockFi’s Bankruptcy Saga
Crypto Expert Louis recently revealed more insights regarding BlockFi’s bankruptcy saga. Established in 2017 by Zack Prince, the company embarked on a venture to lend out cryptocurrency. However, BlockFi’s fortune...
SOL Price Analysis: Is a Massive Rebound on the Horizon?
Renowned cryptocurrency Analyst, Alex Wacy, took to X platform to share insights on potential entry points in the cryptocurrency market in the coming weeks, highlighting strategies to outperform the majority....
FTX Liquidators Deposit 2,500 ETH on Coinbase Ahead of Recent ETH Crash
The foremost crypto analytics platform, Spot On Chain, has indicated that FTX and Alameda Research liquidators recently deposited 2,500 ETH, equivalent to about $8.56 million, into Coinbase. According to Spot...
Voyager Digital Announces $484.35M Recovery from FTX, 3AC and D&O
In a recent turn of events, the bankrupt crypto brokerage company Voyager Digital has announced the recovery of $484.35 million from FTX, Three Arrows Capital (3AC), and Directors and Officers...
FTX Co-Founder SBF Appeals 25-Year Sentence for Fraud Conviction
Sam Bankman-Fried, the co-founder of FTX cryptocurrency exchange has launched an appeal against his 25-year prison sentence following his conviction for fraud. Bankman-Fried’s legal team, led by defense lawyer Marc...
FTX Former CEO Legal Battle Intensifies With Salame’s Sentencing Delayed
Bankman-Fried’s legal battle reveals challenges in accessing crucial documents. Ryan Salame’s delayed sentencing hints at ongoing legal complexities. FTX’s future remains uncertain amidst bankruptcy and leadership changes. Recent court filings...
Senate Member Raises Concerns Over SBF Case and Alleged Political Connections
U.S. Senate member and famous legal figure John Deaton, has raised a series of questions surrounding the recent sentencing of Sam Bankman Fried (SBF). Deaton also made comments on the...
SEC and Terraform Labs’ Trial Begins; Do Kwon Not Present
The civil fraud trial involving Terraform Labs’ Founder Do Kwon, reportedly began on Monday in Manhattan court. Media journalist Zack Guzman shared a series of X posts, providing more insights...
Sam Bankman-Fried To Spend 40-50 Years in Prison, Prosecutors Argue
In a recent development in the lawsuit involving Sam-Bankman Fried, the ill-famed founder of the defunct crypto exchange FTX, the federal prosecutors claimed that the defendant deserves 40-50 years of...
FTX and Alameda Research To Settle BlockFi’s $874 Million Claim
A recent court filing has announced the “successful resolution” of the digital asset lender BlockFi’s financial claims against the bankrupt FTX. Reportedly, the asset lender has reached an “in principle”...
FTX Places a Sell Wall for Solana at $140, How can Gensler Allow This?
The restructuring officers and bankruptcy attorneys working for the defunct digital asset trading platform FTX were called out on social media platform X (formerly known as Twitter) for placing a...
FTX Warns Against Unauthorized Third Parties’ Intervention in Asset Sale
FTX reiterates Galaxy Asset Management as the exchange’s sole authorized intermediary to sell FTX’s crypto portfolio. The exchange warns against unauthorized third-party attempts to intervene in selling FTX’s digital assets....
Sam Bankman-Fried’s Punishment To Be Limited to 6.5 Years
The ill-famed Sam Bankman-Fried’s lawyers requested the court to limit his imprisonment to a maximum of 6.5 years. In a 98-page memo submitted on Tuesday, the lawyers requested U.S. District...
Crypto Investigator Alleges Robinhood’s Involvement in Illicit Fund Flow
TruthLabs, a prominent crypto sleuth, has raised suspicions regarding the potential role of Robinhood, a U.S.-based clearing house, in facilitating the movement and acceptance of illicit cryptocurrency funds. Citing Sunil,...
FTX Settles Lawsuit for $33 Million Over Failed European Expansion
Bankrupt crypto exchange FTX has settled a lawsuit to recover funds spent on its ill-fated European expansion. The settlement, totaling $33 million, ended a legal battle that stemmed from FTX’s...
FTX Customer Refund Plan: Plans to Sell $1B Worth Anthropic Shares
The defunct crypto exchange FTX has reportedly received approval from the Delaware bankruptcy court to sell its 7.84% stake in the AI startup Anthropic. According to estimations, the sale is...
Judge Grills Sam Bankman-Fried About Shared Lawyer with Celsius CEO
According to a Bloomberg report, the disgraced FTX founder Sam Bankman-Fried (SBF) makes a rare appearance in a New York courtroom on Wednesday. The hearing comes amid concerns over potential...
Breaking: SBF’s Shocking Jail Photo Revealed – Crypto Empire in Turmoil
The first photo of Sam Bankman-Fried (SBF) behind bars at the Metropolitan Detention Center in Brooklyn has recently been made public as per Lookonchain, an on-chain analytics provider. This showcases...
FTX Digital Markets Invites Creditors To Submit Claims: Report
In a recent update, FTX Digital Markets, a Bahamian subsidiary of the bankrupt FTX, has invited customers and creditors to submit a claim in their estate. The current move is...
FTX, Alameda Involved in Million-Dollar Mystery Crypto Transfers
Blockchain security firm PeckShield issued alerts on Tuesday, February 13, regarding several transfers from wallets associated with the now-bankrupt cryptocurrency exchange FTX and its trading firm Alameda Research. The first...
FTX’s Decision to Drop Relaunch Plans Leads to DCI Sale at 95% Discount
In a recent filing, the FTX Debtors’ estate, under the leadership of CEO John Ray III, announced its decision to sell Digital Custody Inc. (DCI) to the centralized exchange (CEX),...
Crypto Fear Returns as FTX Moves to Dump More Tokens; Is Bitcoin Price at Risk?
Speculation has emerged that the crypto market could be at risk of another significant selling pressure amid the movement of millions of dollars by bankrupt FTX entities to liquid platforms...
