The tragedy of FTX appears to be becoming more personal, as the bankrupt exchange’s legal counsels are now seeking to drag the founder’s family members and grill them about how…
Continue ReadingMany so-called Sam Coins have staged a surprising recovery this month, despite the fact that FTX crypto exchange is still offline while it goes through bankruptcy proceedings and its former…
Continue ReadingAfter FTX collapsed, the incident prompted many major crypto exchanges to publish proof-of-reserves and lists of known addresses so users can verify the solvency of the trading platforms. While the…
Continue ReadingTwo days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are…
Continue ReadingFTX news CEO is exploring the possibility of restarting FTX International The CEO stated that they are looking if rebooting the exchange would bring more value FTX CEO – John…
Continue ReadingAccording to a report from The Wall Street Journal, the new CEO and chief of the bankruptcy proceedings for FTX, John Ray, is thinking about relaunching the platform. The executive…
Continue ReadingThe cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital…
Continue ReadingSolana (SOL), Serum (SRM), and the FTX Token (FTT) have been at the forefront of the crypto rally. Despite all of these coins being linked to the FTX crypto exchange…
Continue ReadingAmid a bull run, mini or not, literally, anything can pump in the crypto market, even a token such as FTX’s FTT Token. After the tragic fall of the exchange,…
Continue ReadingOn Wednesday, a counsel for the bankrupt crypto trading venue FTX, founded by Sam Bankman-Fried, stated that the company recovered more than $5 billion. However, the magnitude of consumer losses…
Continue ReadingAs the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan.…
Continue ReadingFTX founder and former CEO Sam Bankman Fried (SBF) appeared before U.S. District Judge Lewis Kaplan in a Federal Court in New York. The former executive pleaded not guilty to…
Continue ReadingPer a Reuters report, the founder and former CEO of FTX, Sam Bankman Fried (SBF), reached a deal with U.S. authorities. Following his extradition from the Bahamas, SBF was granted…
Continue ReadingFTX Token (FTT) saw massive gains on Thursday as news of former CEO Sam Bankman-Fried making bail spread across the space. The rapid uptick in the price of the token…
Continue ReadingOn Dec. 21, 2022, members of U.S. law enforcement detailed that FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline Ellison have pleaded guilty to financial fraud charges. The recent…
Continue ReadingFTX founder and former CEO Sam Bankman Fried (SBF) had his first appearance in court following his extradition from the Bahamas. According to several reports, SBF was granted bail and…
Continue ReadingThe SEC has alleged in its complaint that FTX’s native token FTT is a “security.” SEC has filed cases against FTX co-founder Gary Wang and former Alameda Research CEO Caroline…
Continue ReadingOn Dec. 21, 2022, U.S. attorney Damian Williams announced that the Southern District of New York (SDNY) Department of Justice (DOJ) filed charges against Alameda Research CEO Caroline Ellison and…
Continue ReadingDespite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per…
Continue ReadingRoughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the…
Continue ReadingInvestor Kevin “Mr. Wonderful” O’Leary gave more details about his participation in failed crypto exchange FTX and his insight on its former CEO Sam Bankman-Fried (SBF). The crypto trading venue…
Continue ReadingIn a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In…
Continue ReadingOn Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX…
Continue ReadingFormer FTX CEO Sam Bankman-Fried (SBF) has been talking a lot more since his exchange collapsed a few weeks ago, as he’s spoken at the New York Times Dealbook Summit,…
Continue ReadingOn Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview…
Continue ReadingOn Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview…
Continue ReadingWhile a large fraction of crypto assets dropped a great deal in value during the past few weeks and bitcoin is down 18.2% in 30 days, the exchange coin ftx…
Continue ReadingThe FTX saga is coming to Amazon’s streaming service after a fierce bidding war; the drama will be released as a limited series, according to a report from Deadline. The…
Continue ReadingYes, there is still hope for clients of FTX Japan to pull their money out of the crypto exchange and be merry this Christmas. Clients of the Japanese subsidiary of…
Continue ReadingThe FTX saga keeps unraveling; new information sheds light on the failed company’s inside operation. Last week, John Ray, the new CEO of the trading venue and the person in…
Continue ReadingSouth Korea has begun a probe into cryptocurrency exchanges in the country in relation to offering native tokens, as per a local news report. The Korea Financial Intelligence Unit (KoFIU)…
Continue ReadingIt’s time for NYDIG to chip in. The FTX fiasco is the theme of the month in the crypto world, and the show’s just beginning. The NYDIG research team avoids…
Continue ReadingDid Silvergate let FTX and Alameda share funds and bank accounts? Isn’t that illegal? Also, if one of the objectives of KYC and AML procedures is to stop money laundering,…
Continue ReadingDespite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022.…
Continue ReadingFTX had poor financial reporting processes in place Poor corporate culture undermined quality of work relations A compromised system exposed shareholders and users to elevated risks Laxity in corporate internal…
Continue ReadingAn analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and…
Continue ReadingThe agency overseeing Indonesia’s crypto market has stopped the trading of FTX tokens on domestic platforms. The announcement comes after FTX, the exchange that issued the FTT token, filed for…
Continue ReadingThe FTX bankruptcy process has begun, led by the company’s new CEO, John Ray. After Sam Bankman-Fried, founder and former CEO of the company quit from duties and position, Ray…
Continue ReadingData suggests Huobi Token whales and sharks have been accumulating recently despite HT’s 24% decline during the last week. Huobi Token Whales And Sharks Have Added Almost 18% To Their…
Continue ReadingPer a report from the Washington Examiner, NFL Legend Tom Brady and others are facing a class action lawsuit from FTX investors. The football player is one of the many…
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