Attorneys for former FTX CEO Sam Bankman-Fried asked that he be allowed to communicate electronically again after being barred from doing so in January. The request came in a letter sent to District C...
Tag: FTX
Robinhood expected to report record revenue despite sour markets: Preview
Robinhood will report its fourth quarter results on Wednesday, with the company expected to hit its highest quarterly revenue figure to date. The online brokerage, which gained popularity duri...
Crypto Investment Firm Sues Signature Bank for Facilitating FTX Fraudulent Transfers: Report
British Virgin Islands-based investment management and cryptocurrency trading firm Statistica Capital has filed a lawsuit against New York-based Signature Bank, alleging that the financial institution...
FTX Bankruptcy Lawyers Say Independent Examiner Would Put Assets at Risk
The judge overseeing the FTX bankruptcy proceeding still hasn’t decided whether he will appoint an independent examiner after a 4-hour hearing that included testimony from FTX CEO John Ray III. ...
US DoJ calls for independent fraud investigator for FTX
The U.S. Department of Justice (DoJ) has called for U.S. Bankruptcy Judge John Dorsey to appoint a separate, independent third-party examiner to investigate FTX’s bankruptcy further. US DoJ calls for...
FTX CEO testifies on ‘pure hell’ post-bankruptcy days at exchange
John Ray, who took over as CEO of crypto exchange FTX, has described some of the chaotic experiences at the firm following the company declaring bankruptcy. In testimony for FTX’s case in the United S...
Reports Reveal: SBF’s Psychiatrist Played Coach to FTX Employees
Psychiatrist Dr. George Lerner was hired as in-house coach for the defunct FTX exchange. Lerner was SBF’s personal confidante and treated him for ADHD and depression. Communication between Lerner and ...
FTX Debtors Send Confidential Letter – Requests Refund From Donation Recipients
HodlX Guest Post Submit Your Post The FTX debtors announced on February 5, 2023, that donation recipients – including political action funds, political figures and other recipients – should return ...
FTX Has Been Pure Hell
John J Ray III has earned $690K for two months as CEO of FTX. This might be a dream for the average person, but he swears this has been his worst nightmare. The new CEO of FTX, John Ray III, recently ...
FTX New Management make Deadline to Recover Political Donations by Feb End
FTX new leadership under John Ray III is approaching political groups to recover funds donated by Sam-Bankman-Fried (SBF) and his deputies. The new CEO Ray management had decided to get it done by thi...
FTX Seeks To Recover Political Donations by the End of February
FTX aims to recoup all of its past political donations. The FTX debtors were assessing a total of $93 million worth of donations FTX aims to recoup all of its past political donations by the end of F...
A Twist In FTX Bankruptcy Probe; Judge Wants This
FTX News: Bankruptcy ridden cryptocurrency exchange, FTX that filled for US court protection might have a twist in the proceedings. In the latest developments, the U.S. Department of Justice’s bankrup...
Hodlnaut’s FTX Claims Being Questioned By Potential Buyers
Singapore-based crypto company Hodlnaut is being inquired about by potential buyers. Hodlnaut creditors have rejected a restructuring proposal to continue the business. Additionally, the creditors bel...
Huobi monetizes FTX collapse with opaque debt token
Listen to this article. Huobi has announced that it’s listing the ‘FTX User Debt’ (FUD) token issued by the ‘DebtDAO.’ This is despite the lack of many basic details that would help explain its functi...
Potential buyers looking to purchase Hodlnaut and its FTX claims
Potential buyers are interested in purchasing embattled crypto lender Hodlnaut and its claims against defunct crypto exchange FTX, Bloomberg reported on Feb. 6. citing affidavits. The documents note t...
FTX wants politicians to refund donations, may file lawsuit
According to a news release on Feb. 5, 2023, the new management of the bankrupt FTX crypto exchange sent ‘confidential letters’ to political figures, PACs, and other receivers of contributions made by...
Judge delays FTX examiner ruling in hopes of ‘consensual resolution’
A federal bankruptcy court judge in Delaware did not rule on whether to appoint an examiner in FTX’s enormous bankruptcy case, and instead will allow lawyers to discuss a “consensual resolution” on th...
Hodlnaut’s Bid for Survival, Selling Firm, and FTX Claims to Potential Buyers
Hodlnaut, a Singapore-based crypto firm that collapsed following huge exposure to the Terra Luna UST, is reportedly in serious talks with potential buyers to liquidate remaining assets. According to a...
Hodlnaut works with potential buyers to sell firm and FTX claims: Report
Troubled cryptocurrency lending firm Hodlnaut is reportedly working with several potential investors to sell its business and other assets. A number of potential buyers have inquired about purchasing ...
FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs – Bitcoin News
FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, r...
FTX Asks Politicians Who Received Sam Bankman-Fried Donations to Return Money
The announcement escalates a fight over as much as $93 million (according to the debtors’ estimates) in political donations FTX made to an array of Washington, D.C., lawmakers and causes across ...
FTX Demands Political Contributions Repayment – Threatens to Sue
Join Our Telegram channel to stay up to date on breaking news coverage FTX is demanding the return of contributions or payments. The company had become a significant player in the political arena, wit...
Give it Back! FTX Debtors Demand Return of $93 Million Donations From US Politicians ⋆ ZyCrypto
Advertisement     As part of attempts to recover settlement funds for many aggrieved creditors, FTX is reaching out to US politicians who may have financially benefitt...
Bankman-Fried’s texts may harm his legal defense
Sam Bankman-Fried just threw a wrench in his criminal trial before it even started. A judge barred Bankman-Fried from using “encrypted or ephemeral” messaging apps like Signal until a court hear...
FTX threatens legal action against political recipients of donations
The bankrupt crypto exchange FTX is demanding the return of funds from politicians and members of the U.S. Congress. FTX members had donated more than $84 million to political candidates and organizat...
FTX Judge Considers The Approval To Independent Bankruptcy Investigation
The contagion of the FTX collapse is still ongoing despite its already significant impact on the industry. In today’s news, a U.S. bankruptcy judge is looking to consider the approval of an independen...
Bitcoin trader optimism returns as 600,000 new smallholders emerge since FTX crash
Although Bitcoin’s (BTC) 2023 rally appears to be stalling, with the maiden crypto experiencing one of the most significant weekly losses since November, on-chain data indicates there might be overall...
Kevin O’Leary says FTX crash ‘poked the bear in Washington’
After the turmoil over the infamous implosion of the cryptocurrency trading platform FTX has begun to calm down, one of the crypto exchange’s major investors and previously very vocal supporters, Kevi...
Faces DOJ Probe into FTX Connections
The United States Department of Justice (DoJ) are scrutinizing Silvergate’s relationship with embattled crypto firms FTX and Alameda Research. The DoJ fraud unit is looking into Silvergate’s hosting o...
FTX Demands Return of Funds Made by Former CEO SBF to Political Parties
3 hours ago | 2 mins read Exchange News The statement released on Sunday, however, was more direct in its demand. Once worth $32 billion, FTX filed for bankruptcy last year. After millions were sent t...
FTX Bankruptcy: Crypto Exchange Demands Millions In Political Donations Be Returned
FTX, the bankrupt crypto exchange, has asked for its money back from political figures and committees that received donations from its founder, Sam Bankman-Fried, and others in his regime. The company...