Bankrupt crypto exchange FTX wasn’t a Ponzi scheme and had great real business, according to best-selling American author Michael Lewis. In an interview with CBS News, Lewis shared his stories...
The hacker behind the $415 million FTX exploit recently moved millions worth of ETH. The exploiter has moved a total of $8 million worth of crypto assets via Railgun and...
Hong Kong SFC announces plans to release a list of suspicious crypto trading platforms. The announcement comes after the controversial JPEX scandal, possibly “one of the largest” cases of fraud”...
In a post on X (formerly Twitter), Ripple Labs CTO David Schwartz said that selling FTX crypto assets and dividing the cash between victims of the collapse is the best...
The bankruptcy estate of FTX has sued the parents of founder and former Chief Executive Sam Bankman-Fried in an attempt to clawback funds. The defunct crypto exchange’s managers are looking...
As per recent reports, the bankrupt FTX’s customer claim portal has resumed its operations, following a severe cyber security breach. Reactivating the frozen accounts and resuming activities, FTX assured the...
Sam Bankman-Fried’s parents were reportedly involved with FTX’s decision-making process. Joseph Bankman and Barbara Fried were involved in marketing, advertising, and several other roles. A report by Bloomberg claimed that...
Binance CEO Changpeng Zhao said the regulatory atmosphere in Singapore around crypto became more conservative after FTX’s collapse, according to a Bloomberg report. He added that similar measures are being...
Crypto trader and analyst MartyParty recently posted a tweet exploring the potential impact of FTX’s expected dumping of SOL on centralized exchanges. On September 13, Judge John Dorsey announced that...
The crypto market plugged into a deeper bearish trend after revelations that the bankrupt FTX exchange could liquidate billions of dollars worth of crypto assets. Specifically, a recent report from...
According to a recent report by Bloomberg, financial advisers working on behalf of FTX Group are examining the possibility of recovering millions of dollars in payments made to prominent figures...
Former FTX executive Ryan Salame has pleaded guilty to criminal charges in the FTX case, admitting in court that he had violated laws and operated an illegal money-transmitting business. Salame...
The crypto market‘s profit margins sank 30% in comparison to last year, according to Bloomberg. The market used to be profitable for traders, but after the bankruptcy of the FTX...
Colin Wu reported a Solana address marked as an FTX cold wallet is transferring funds. The address transferred the likes of LINK, SUSHI, LUNA, and YFI to an Ethereum wallet....
The bankrupt FTX crypto exchange has warned its users of potential scam emails following a cybersecurity incident. In particular, Kroll, the claims agent overseeing the bankruptcy proceedings, experienced a cybersecurity...
According to the latest reports, Billionaire Michael Novogratz’s Galaxy Digital Holdings Ltd. has been hired by FTX to help sell crypto holdings. “A comprehensive management and monetization” developed by the...
Parallels between Binance’s situation and FTX’s collapse raise concerns about its future. Binance faces lawsuits, investigations, and regulatory pressure, casting doubt on its stability. BNB value dropped by over 30%...
In a recent announcement, Alameda Research, UTXO Management, and Balch & Bingham LLP unveiled GrayscaleLitigation.com. According to the notification, the platform seeks to unite the Grayscale Bitcoin Trust and Grayscale...
Changpeng Zhao (CZ), the CEO of Binance, the largest crypto exchange, has blocked one of his long-standing critics on X. In particular, Zhao jammed the door against Adam Cochran after...
Critics spread FUD about Binance, arguing that it may be about to crumble like FTX. One of the FUD promoters is an FTX affiliate, Adam Cochran. Cochran raised concerns about...
Ryan Salame, the former co-chief executive of FTX, was declared unavailable to testify, and if subpoenaed, Salame would invoke his Fifth Amendment right against self-incrimination. Molly White, a crypto researcher...
In a recent update, Colin Wu, a prominent Chinese reporter, has conveyed through his Twitter account that U.S. Federal Judge Lewis Kaplan has made a significant decision regarding the case...
Today, Bloomberg reported that the administrators of the bankrupt crypto exchange FTX have garnered attention by raising concerns about certain panel members. According to the report, FTX’s debtors expressed dissatisfaction...
According to Swiss investment adviser 21e6 Capital, 97 of 700 global crypto funds closed in 2023. Bitcoin outperformed crypto funds as part of a significant January gain, followed by a...
Days after FTX unveiled a reboot plan, Kraken FX co-founder Jesse Powell said an FTX relaunch might be worse than starting from scratch. Under its new leadership, the bankrupt crypto...