ftx
FTX Founder Fights Back: Claims Biased Judge Led to 25-Year Sentence
Sam Bankman-Fried, the disgraced former CEO of FTX, is fighting back against his conviction, alleging bias from the presiding judge. This move follows his 25-year prison sentence for an $8...
Sam Bankman-Fried Appeals Fraud Conviction, Seeks New Trial
FTX founder Sam Bankman-Fried, who has been imprisoned for fraud and conspiracy charges, appealed his fraud conviction and requested a new trial. The billionaire wrote in a 102-page brief filed...
FTX and Alameda Unstake Over $1 Billion in Solana, Impacting SOL Price
FTX and Alameda Research have unstaked a massive amount of Solana ($SOL) — over $1 billion worth — in the past three months. According to Lookonchain data, this significant unstaking...
Metaplex Price Surges as FTX Estate Nears Final Token Sale
Pantera Capital and ParaFi Capital, two of the leading digital asset fund managers have acquired a significant portion of Metaplex (MPLX) tokens from the FTX estate over the past five...
FTX Repayment Plan in SEC Crosshairs, Stablecoin Use Questioned
The SEC is taking a closer look at payments made to creditors of the collapsed FTX exchange. This comes as Adam Cochran voiced concerns about SEC oversight failures on social...
Coinbase CLO Calls Out SEC’s Unclear Stance on FTX Repayment Plan
Coinbase’s Chief Legal Officer Paul Grewal has taken to X to criticize the U.S. Securities and Exchange Commission (SEC) for its unclear stance on FTX’s proposal to repay creditors using...
Filling the FTX Void: 4 New Crypto Billion-Dollar Ideas
Adam Cochran, a partner at Cinneamhain Ventures, identified four significant opportunities left vacant by the collapse of FTX, the digital asset trading platform founded by Sam Bankman-Fried (SBF). These opportunities,...
Crypto Market Cap Soars: US ETFs Spark Growth
The cryptocurrency market has recovered significantly since the FTX exchange collapse in 2022. A recent report by Canaccord revealed the crypto industry has grown over the past year, driven by...
Worldcoin’s Price Drops as Alameda Moves Tokens to Binance
Alameda Research, the trading arm of the collapsed FTX exchange, holds substantial cryptocurrency assets, including $BIT and Worldcoin (WLD), according to recent reports. Investors are particularly interested in understanding the...
FTX’s Legal Troubles Reach Salame’s Partner
Michelle Bond, the girlfriend of former FTX executive Ryan Salame, was charged Thursday with campaign finance violations as per Bloomberg reports. The indictment was unsealed just a day after Salame...
Is it Time to Buy Bitcoin? Analyzing the Recent Dip
Bitcoin has surged nearly 28% from its recent low of $49,000, climbing back near the $60,000 level. This rebound follows a notable drop in August, where Bitcoin’s price tumbled by...
CFTC Lawsuit: Alameda’s $12.7B Order and $352K Worldcoin Transfer
Embattled crypto firm Alameda Research has transferred 205,387 Worldcoin (WLD) tokens, valued at approximately $352,000, to the cryptocurrency exchange Binance. This transaction marks the first movement of Worldcoin assets held...
FTX Settles CFTC Lawsuit, Agrees to $12.7 Billion Payout
A pivotal development in the ongoing FTX bankruptcy saga emerged as New York Judge P. Kevin Castel approved a consent order requiring the defunct crypto exchange and its sister company,...
Understanding the Legal Challenges of Crypto Bankruptcies
The spate of crypto bankruptcies of major platforms like Celsius, FTX, and BlockFi have brought doubts in the crypto community on the legal uncertainties and financial turmoil coexisting within this...
Top Crypto Gainers Today: OM, MKR Lead as NEAR and FTT Follow Suit
In today’s market watch, a subtle yet promising shift is observed in the crypto world, with most tokens posting stable gains on their weekly charts. Mantra (OM) and Maker (MKR)...
Bankrupt FTX Sends Millions in Stablecoins to Market Makers: Liquidity Play or Arbitrage?
Bankrupt crypto exchange FTX and its affiliated trading firm Alameda Research have transferred $2.5 million in stablecoins to crypto market makers Wintermute and Cumberland. Blockchain security platform PeckShield identified the...
FTX Bankruptcy: $16 Billion Recovered, Cash Payments Planned for Customers
A U.S. bankruptcy court has approved FTX’s liquidation plan, paving the way for the beleaguered crypto exchange to repay customers in cash following its high-profile collapse. This decision comes after...
Bitcoin’s Dominance Persists With Over 86% of Holders in Profit Despite Market Volatility
The cryptocurrency market continues to captivate investors worldwide, with significant profits concentrated in large-cap coins and memecoins. As per IntoTheBlock data, Bitcoin remains the dominant force in the market, with...
The FTX Saga Continues: Victims Fight for Their Share of the Spoils
Victims in the FTX bankruptcy case have filed a motion in the U.S. District Court for the Southern District of New York, asserting that $8 billion of the company’s forfeited...
FTX’s Revival Could Spark Resurgence in FTT, USTC, and LUNA
The crypto community is closely following the latest developments at FTX, the cryptocurrency exchange preparing to relaunch after its dramatic collapse. A recent X post by DeFi analyst Hanzo suggests...
FTX’s Ghost Token: Can FTT Defy the Odds and Deliver 5X Returns?
FTX’s native token, FTT, has plummeted amid the ongoing Bitcoin-led price correction, recently hitting a low of $1.37, down approximately 15% from its weekly high of $1.6109. The token has...
Bankrupt FTX Sells Discounted Solana Tokens as Part of Liquidation Process
Bloomberg Crypto reports that the estate of the bankrupt crypto exchange FTX concluded the sale of $2.6 billion worth of Solana tokens at a discount. Figure Markets and Pantera were...
Bankman-Fried Moves to New Facility While Fighting FTX Conviction
Sam Bankman-Fried, the disgraced founder of the now-defunct cryptocurrency exchange FTX, is set to be transferred to a new prison as he prepares an appeal to overturn his conviction. Wall...
FTX’s Bankman-Fried Trading Rice Behind Bars Amid Fraud Conviction Appeal
Sam Bankman-Fried, co-founder of FTX, is now using rice as currency while he is being detained in MDC, Brooklyn, for his fraudulent activities and will serve a 25-year sentence. Bankman-Fried...
FTX Customers Face Potential $10B Loss with Proposed Compensation Plan
Creditor activist Sunil Kavuri has voiced strong opposition to the proposed plan of FTX to compensate the defrauded customers of the fallen crypto exchange. Kavur took to X to outline...
