FTX News
Released FTX Liquidation Data “Does Not Make Sense”: Influencer
The liquidation data for FTX, the defunct cryptocurrency exchange, has been published. Martin Folb thinks the published liquidation information is inaccurate. Folb accused Gary Gensler…
FTX’s New Proposal Left “Many Important Questions Unanswered”
The FTX’s new proposals for its bankruptcy case reportedly left out key details. The plan omitted details on how the company will estimate the value…
FTX Debtors Want Customers Paid Value of Assets as of November 2022
FTX Debtors want customers to be paid the worth of their crypto assets as of the day the crypto exchange went bankrupt. The proposal, detailed…
FTX Clashes with US Tax Authorities Over ‘Enormous’ $24B Tax Demand
FTX is contesting a substantial $24 billion tax bill imposed by the Internal Revenue Service's (IRS) tax authorities. The proposed tax amount lacks substantiation and…
FTX and Alameda Move $23.59M to Exchanges and Galaxy Digital OTC
FTX and Alameda Research moved out $23.59M in 19 assets to Exchanges and GalaxyDigital OTC. The firms have deposited around $591 million worth of 74…
Celsius, FTX ETH Transfers: Should Investors Be Worried?
FTX transferred 3,134 ETH into Coinbase, while Celsius moved 7,500ETH into an unknown address. ETH’s accumulation has been increasing, indicating strength to resist selling pressure.…
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…
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…
FTX Allowed To Liquidate $873M Worth of Bitwise and Grayscale Assets
A bankruptcy court in a Delaware district permits FTX to sell its trust assets. The funds will be paid to the creditors of FTX, to…
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…
