FTX News
FTX Files For Permission To Sell Nearly 8% Stake Worth $1.4B in Anthropic
FTX has reportedly filed a motion with the court to sell its stake in Anthropic. Anthropic is currently valued at $18 billion, with FTX owning…
Coinbase Analysts Say Bitcoin Selling Pressure Over as FTX GBTC Sale Ends
Coinbase analysts indicate potential relief from Bitcoin selling pressure. Over $1.46 billion flowed into U.S. Bitcoin ETFs, signaling renewed interest. Bitcoin has displayed resilience, posting…
FTX Clawback: A Founder Continues to Hold $500M Received from SBF
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…
Breaking: FTX Plans To Repay Customer Funds Fully, Drops Relaunch Plans
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…
Breaking: FTX Offloads Crypto Assets To Repay Customer Funds
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…
Judge Moves to Limit Length and Scope of New FTX Bankruptcy Probe
Judge John Dorsey said the new FTX bankruptcy probe should be limited in scope and length. The judge said an extended inquiry would be a…
FTX Founder’s Parents Deny Involvement in Company’s Downfall
Parents of former FTX CEO Sam Bankman-Fried have filed to dismiss a lawsuit against them by FTX. According to Joseph and Barbara, they are not…
“Grossly Unfair”: FTX Customers Ask Court to Block Valuation Plan
FTX customers have asked Judge John Dorsey to oppose the exchange’s valuation plans. The plan values crypto assets as of November 2022, the rock bottom…
SBF Avoids Double Trial; FTX Claws Back Millions in Settlements
Sam Bankman-Fried will not go through a second trial as prosecutors decide against it. The sentencing of the 31-year-old crypto founder is set for March…
FTX Customer Repayment: Values BTC at $16K, ETH at $1.2K, SOL at $16
FTX files a repayment plan that estimates the value of the customers’ crypto assets. The plan values BTC at $16K and places ETH and SOL…
