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...
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...
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...
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),...
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...
According to Martin Folb, a cryptocurrency influencer who goes by as MartyParty on X (formerly Twitter), the managers of the FTX estate need to provide more clarity on their handling...
FTX, the bankrupt crypto exchange, has reportedly filed a motion with the court to sell its stake in Anthropic, an artificial intelligence (AI) company. Anthropic is currently valued at $18...
In a recent assessment, analysts at Coinbase have noted a promising trend in the cryptocurrency market. In particular, they suggested that the downward pressures on Bitcoin and other digital assets...
Last year, FTX unveiled a repayment plan to round up its Chapter 11 proceedings. Makhat’s $500M is one of the investments FTX is trying to recover to settle customers’ claims....
The platform, instead, focuses on reimbursing its customer funds completely. FTX has abandoned its plan to reboot the exchange, failing to meet sufficient capital. FTT tokens fell by 35%, with...
A recent report states that FTX has initiated offloading its crypto assets in a bid to repay its customer funds. FTX has amassed $4.4 billion in cash by the end...
US Bankruptcy Judge John Dorsey, the judge overseeing the FTX Chapter 11 proceedings, has moved to restrict the scope and expense of a fresh independent investigation in the crypto exchange,...
Joseph Bankman and Barbara Fried, parents of former FTX CEO Sam Bankman-Fried, have filed to dismiss a lawsuit against them by FTX. Bankman-Fried parents, in the filing, denied allegations that...
Customers of the troubled cryptocurrency exchange FTX have asked a US Bankruptcy Judge to stop the exchange’s proposed plan to value crypto assets using November 2022 prices, Reuters reported. Over...
Following a decision by the Department of Justice (DoJ) prosecutors, it is certain that troubled crypto founder Sam Bankman-Fried (SBF) will not go to a second trial concerning his central...
In a December 27 filing, bankrupt cryptocurrency exchange FTX unveiled a repayment plan that values customers’ digital assets as of when it collapsed last year. The plan would see customers...
In a recent post on X, an XRP community member referenced a January interview where Ripple CEO Brad Garlinghouse disclosed a $10 million lease exposure to the bankrupt crypto exchange...
Solana, one of the major players in the crypto space, has been garnering attention over the past few days with its recent price surges. A report narrated the rise of...
Bankrupt cryptocurrency exchange FTX has resolved the lingering issue with liquidators on how to treat their Bahamas unit. The bankrupt company recently settled on how to repay customers from their...
The liquidation data for FTX, the defunct cryptocurrency exchange, has been published, and Martin Folb, the renowned crypto influencer known as MartyParty thinks the published information is inaccurate. Folb shared...
Recently unveiled plans by FTX debtors to settle customer claims and bring the bankruptcy case to a close have left some important questions unanswered, Bloomberg reported. The new proposal is...
Debtors of bankrupt cryptocurrency exchange FTX have proposed a new amendment to their bankruptcy plans which will see customers receive the value of their assets as at the time when...
The Internal Revenue Service (IRS) in the United States has put forth a tax bill of $24 billion against the bankrupt cryptocurrency exchange, FTX. FTX, in response, has contested the...
According to Spot On Chain, a blockchain analytical firm, FTX and Alameda Research moved out $23.59 million worth of 19 assets to Binance, Coinbase, OKX, and GalaxyDigital OTC in the...
Crypto lending service Celsius and defunct exchange FTX have been involved in different Ethereum (ETH) transactions which could affect the price of the altcoin. According to Lookonchain, Celsius transferred 7,500...