FTX News
FTX and Bahamas Liquidators Agree on New Bankruptcy Terms
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...
Released FTX Liquidation Data “Does Not Make Sense”: Influencer
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...
FTX’s New Proposal Left “Many Important Questions Unanswered”
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...
FTX Debtors Want Customers Paid Value of Assets as of November 2022
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...
FTX Clashes with US Tax Authorities Over ‘Enormous’ $24B Tax Demand
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...
FTX and Alameda Move $23.59M to Exchanges and Galaxy Digital OTC
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...
Celsius, FTX ETH Transfers: Should Investors Be Worried?
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...
FTX Moves to Sell-off 6.26M IMX Tokens After 119% Surge To $1.49
FTX and Alameda transferred $22 million in cryptocurrencies to exchanges in 24 hours. FTX entities orchestrated the movement of 6.26 million IMX, amounting to $9.12 million after a recent value...
Sam Bankman-Fried On Suicide Watch While in Detention: Ex-Inmate
Borrello said the suicide watch lasted for only one day. Gene Borrello revealed that Sam Bankman-Fried was on suicide watch for a day while in jail. The ex-inmate said Bankman-Fried...
FTX Allowed To Liquidate $873M Worth of Bitwise and Grayscale Assets
FTX Trading Ltd. and its affiliated debtors are granted permission to sell or transfer their stakes in trust assets managed by Grayscale Investments, according to a recent case filed in...
FTX Token (FTT) Surges 276%: Is Another Upward Move Brewing?
Demand for FTT increased after the U.S. DOJ sanctioned Binance, leading to a 30-day high. With strong support at $2.94, FTT may retest $4.76 if sellers halt profit-taking. The 9...
SBF Is Locked Up With Former Honduran President and Ex-Mexican Police Chief
Sam Bankman-Fried (SBF), the once-high-flying founder of crypto exchange FTX and trading firm Alameda Research, is getting adjusted to his new life inside the confines of Brooklyn’s Metropolitan Detention Center....
FTX Token Rallies Again, Outperforms BTC by 255% In 3 Weeks
Santiment, the blockchain intelligence platform, revealed in an X post today that the native token for the collapsed FTX exchange, FTX Token (FTT), underwent another rally over the past 24...
Genesis Sues Former Partner Gemini Trust For $689M in Recent Filing
Genesis Sues Former Partner Gemini Trust For $689M in Recent Filing
Will the SEC Intervene in FTX’s Mission to Liquidate Assets?
The crypto community has been abuzz with the Securities and Exchange Commission’s (SEC) increasing scrutiny of crypto companies. However, Parrot Capital, a popular voice in the crypto space, recently shook...
Podcaster and Renowned Attorney Expose SEC Chair’s ‘Dirty FTX Secrets’
Attorney Gerard Scimeca, chairman of Consumer Action for a Strong Economy (CASE), has commented on the U.S. Securities and Exchange Commission’s (SEC) chairman’s approach to crypto regulation amid the agency’s...
TRX Worth Millions Sent From FTX to Binance — Potential Selloff?
The price of Tron (TRX) could undergo a steep correction soon. In an X post today, Lookonchain revealed that FTX sent 75 million TRX tokens to Binance via the Tron...
Former FTX Executives About to Launch a New Crypto Exchange
Some former executives of the defunct FTX exchange have teamed up to form a new cryptocurrency exchange, according to a report by The Wall Street Journal. Can Sun, the former...
FTX’s Former General Leads Backpack Exchange Launch: Report
According to a recent report published by The Wall Street Journal (WSJ), a team of former executives of the ruined FTX is venturing toward launching a new crypto firm, Backpack...
FTX Sues Bybit and Affiliates Alleging Withdrawal of $953: Report
FTX sues Bybit, its investment branch Mirana Corp, and an affiliated crypto exchange, Time Research. The platforms allegedly withdrew a total of around $953 in funds and assets using VIP...
The Fed’s Fund Rate Correlates With Stablecoin Liquidity: Analyst
According to Tom Wan, Research Analyst at 21.co, two significant stablecoin liquidity drops have occurred since Terra and FTX crashed. Wan used on-chain data to identify a corresponding behavior in...
NYSE President Tom Farley’s Bullish Leads the Rally to Relaunch FTX
The ruined crypto exchange FTX’s auction and re-launch have been the talk of the town over the past few days. While has FTX received multiple bids for a potential re-launch,...
John Deaton Discusses Sam Bankman-Fried Trial and Implications for the Industry
John Deaton, lawyer and founder of Crypto Law, welcomed crypto reporter Wendy O on his Crypto Law show. The two discussed Sam Bankman’s Fried trial, others who were involved in...
FTX Moves to Sell-off 1M Solana After SOL Grows 90% To $43.79
On-chain data has revealed that wallet addresses linked to the insolvent cryptocurrency entities FTX and Alameda have continued to engage in substantial movement of their crypto portfolio to exchanges, potentially...
Silicon Valley Firm Proof Group Joins Race to Revive FTX
Silicon Valley’s Proof Group, known for its recent successful bid on the bankrupt crypto lender Celsius as part of the Fahrenheit consortium, is reportedly in contention to revitalize the defunct...
