The FTX crash has become the hottest crypto space news in the last few days. After rumors of the FTX insolvency issue, FTT experienced massive withdrawals that led to a price decline of nearly 80%. Th...
Tag: Faces
Is Justin Sun About to Bail Out FTX? TRON Boss Swoops in as SBF Faces Ruin
Share this article It comes after a new report has alleged that Sam Bankman-Fried moved $4 billion worth of FTX funds to save Alameda Research. FTX Reportedly Seeking New Raise Things are going from...
Solana Whale Faces $51,000,000 Liquidation As SOL Tumbles Over 34% in One Day: On-Chain Data
A Solana (SOL) whale is struggling to stay afloat amid the current crypto market downstream that pulled SOL down 34% in one day. Colin Wu of Wu Blockchain tells his 237,100 Twitter followers that a So...
FTX Faces Federal Probes as FTX Ventures, Alameda Sites Go Dark
Key Takeaways The websites of FTX Ventures and Alameda Research went offline today amidst FTX’s solvency issues. The takedown occurred around the time that Bloomberg reported an expanded regulat...
Absconding Terra CEO Do Kwon faces $57 million lawsuit: Interpol issues Red Notice.
Three hundred fifty-nine multinational investors lost $57 million in the Terra-Luna collapse. Files Law Suit in Singapore High Court. Filed on September 23, Claims Kwon deceived investors with f...
FTX Price Prediction: FTT Faces Rigorous Selling as Binance Plans to Sell FTT Tokens!
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Do Kwon faces new $56 million lawsuit in Singapore over role in Terra crash
Troubled Terraform Labs founder Do Kwon is facing a new representative action lawsuit in Singapore regarding his role in the Terra (LUNA) crash. The suit worth $56.9 million was filed by over 300 pla...
Bitcoin miner Iris Energy faces $103M default claim from creditors
According to a new filing with the U.S. Securities and Exchange Commission on Monday, Bitcoin (BTC) miner Iris Energy says it has received a default notice from mining rig manufacturer Bitmain Technol...
LBRY Faces Defeat in SEC vs LBRY Case, Tweets Wont Give Up
In March 2021, the SEC filed a lawsuit against LBRY, claiming that the firm had sold LBC tokens in violation of the law by failing to register with the agency. And, that these tokens were, in fact, se...
Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The reason for the notice of default, which the lender sent to the miner on Nov. 4, is the company failed to engage in “good faith restructuring discussions” for the debt in question, acco...
OpenSea plans for NFT creator royalties faces backlash, volume is low
The largest NFT marketplace, OpenSea, incorporated steps to help creators regarding fees and royalties while rival marketplaces cut creator fees or make them optional. Nonetheless, the reception was h...
Deutsche Bank Faces Threat of Fines Over Money-Laundering Controls
Germany’s top financial watchdog threatened to fine Deutsche Bank AG if it doesn’t implement controls against money laundering by a set deadline, suggesting the regulator isn’t satisfied with the bank...
Wells Fargo Faces US Demand for Record Fine Exceeding $1 Billion
(Bloomberg) — Wells Fargo & Co. is under pressure from the Consumer Financial Protection Bureau to pay more than $1 billion to settle a series of investigations into mistreatment of customer...
Dow Jones Futures Loom: Market Rally Faces Fed, Megacaps, Cloud Stocks; What To Do Now
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Even with a solid close in Friday’s whipsaw session, the stock market rally suffered significant da...
Vitalik Buterin Faces Criticism of Ethereum’s Centralization
Arman Shirinyan Future of Ethereum becoming more questionable as way decisions are made remains unclear Contents Who is battling Vitalik Buterin? Surprising answer Censorship, centralization and contr...
Cardano Faces Its Final Test After Reaching Fundamental Resistance Level
Arman Shirinyan Cardano facing serious resistance that might launch downward reversal Following a 16-day rally on the market, Cardano has faced the most serious resistance level on the chart that migh...
Tezos price analysis: XTZ faces resistance at $ 1.47 as market crashes down
Tezos price analysis is indicating a decrease in price as the bears have made a comeback once again. The trend line was upward for the past few days, but today, it proved extremely discouraging for th...
Elon Musk faces class-action suit over mass Twitter layoffs
Amid Twitter beginning mass layoffs, the company employees are launching a class-action lawsuit against the new Twitter CEO, Elon Musk. According to multiple sources, Musk started massive layoffs at T...
Elon Musk’s Twitter Faces Class Action Lawsuit For Mass Layoffs
A class-action lawsuit was filed against Twitter due to Elon Musk’s decision to layoff 3,700 employees. According to the lawsuit filed in a San Francisco federal court, Twitter employees were not give...
Celsius Network Faces “Ponzi Scheme” Investigation, WSJ
Wahid Pessarlay Bankrupt crypto lender Celsius Network faces investigation whether it’s a “Ponzi Scheme” According to a Wall Street Journal (WSJ) report, the court appointed an examiner to dive into C...
Tesla’s Elon Musk faces trial, again—this time over his $56 billion paycheck that’s the ‘largest in human history’
Elon Musk’s takeover of Twitter is already off to a rocky start, and his decision to bring in Tesla employees could come back to haunt him. The multitasking CEO faces yet another trial before the very...
Crypto Lender Celsius Faces Fresh Scrutiny in New Court Order
The court has asked Celsius to throw more light on the proposed KERP program while also ordering a probe into its past business dealings. The Celsius bankruptcy case appears to be taking another dimen...
Binance Coin price analysis: BNB coin faces a minor pullback after a period of a bullish spree
Recent Binance Coin price analysis indicates that the digital asset has retraced toward the $319.0 level after hitting a weekly high of $335.76.The BNB coin opened the daily trading session at $322.23...
Pfizer CEO reveals growth plan as company faces up to $18 billion revenue hit
Pfizer CEO Albert Bourla talks during a press conference with European Commission President after a visit to oversee the production of the Pfizer-BioNtech Covid-19 vaccine at the factory of US pharmac...
Litecoin Price Prediction for Today, October 31: LTC Faces a Resistance
Join Our Telegram channel to stay up to date on breaking news coverage LTC Faces a Resistance – October 31After a long-striving effort on the part of the LTC/USD market to surge upward in a rallying m...
BlockFi faces heavy losses from its loan to Core Scientific
Listen to this article. Last week, the fledgling US-based miner Core Scientific, which has been selling most of its bitcoin throughout this year announced that it’s ready to go through bankruptcy proc...
5 Legal Threats Do Kwon Faces Since Terra’s Collapse
Do Kwon is facing three lawsuits in the US and one in Singapore The 31-year-old entrepreneur is set to lose his home country’s passport Do Kwon, Terraform Labs’ founder, shows up to select interviews ...
Do Kwon faces $57-million lawsuit in Singapore
Kwon and others made fraudulent claims on UST LUNA Price at the time of writing – $2.47 The claimants are seeking compensation for roughly $57 million Along with the Luna Foundation Guard (LFG) and Te...
Bitcoin bulls maintain edge over bears as BTC faces sideways price resistance
After signaling signs of breaking past the $21,000 level, Bitcoin (BTC) slightly corrected further during the early trading hours of October 31, but the maiden cryptocurrency has continued to hold abo...
BlockFi faces heavy loses from its loan to Core Scientific
Last week, the fledgling US-based miner Core Scientific, which has been selling most of its bitcoin throughout this year announced that it’s ready to go through bankruptcy proceedings with creditors a...
Argo Blockchain says it faces negative cash flow, shares fall 45%
Argo Blockchain (LSE:ARB), one of the leading Bitcoin (BTC/USD) miners in the world, has revealed its facing a potential negative cash flow if it doesn’t secure fresh financing in the short term to pr...