Several United States senators have reportedly penned a letter requesting answers from Silvergate Capital — the parent company of Silvergate Bank — related to the collapse of cryptocurrency exchange F...
Tag: FTX
FTX Bankruptcy Filing Show Higher Cash Balance of $1.43B, Reduced Employees
An interim financial update revealed that the FTX Group of companies undergoing bankruptcy proceedings held $1.43 billion in cash at the end of last year. The court filing viewed by Bloomberg showed a...
Alameda Research Files $446M Loan Repayment Lawsuit against Voyager Digital in Ongoing FTX Fallout
Beleaguered crypto trading firm Alameda recently filed a lawsuit against defunct crypto broker Voyager over repaid loans. Defunct crypto trading firm and FTX sister Alameda Research has hit bankrupt ...
Silvergate’s ties to FTX face renewed scrutiny from senators
Several U.S. senators are seeking new details from Silvergate Capital about its knowledge of FTX’s wrongdoing, according to a Jan. 31 report from Bloomberg. The senators responsible for the inquiry in...
Britain sets out plans to regulate crypto industry in wake of FTX collapse
British Prime Minister Rishi Sunak speaks during a Q&A at Teesside University, on Jan. 30, 2023. Oli Scarff | Wpa Pool | Getty Images NewS The U.K. formally laid out plans to regulate the cryptocu...
As Bitcoin rallies after FTX collapse, 25% of supply is held between $15.5k and $23k
Definition UTXO Realized Price Distribution (URPD) shows at which prices the current set of Bitcoin UTXOs were created, i.e., each bar shows the number of existing bitcoins that last moved within that...
FTX Files Lawsuit Against Voyager Digital to Recover $445.8M Loan
11 hours ago | 2 mins read Exchange News FTX said that it had sent $248.8M to Voyager in September and another $193.9M in October. The exchange confirmed that Alameda misappropriated from FTX clients ...
Sam-Bankman Fried Wanted an In-Person Meeting With New FTX CEO
Former FTX CEO Sam Bankman-Fried tried to organize an in-person meeting with its current CEO John Ray weeks after being charged with fraud. According to newly released emails filed by Federal prosecu...
US Senators Interrogate Silvergate on FTX Insider Knowledge
A cohort of the United States Senate is questioning crypto bank Silvergate about its knowledge of the FTX fraud, after finding responses to prior questioning “evasive” and “incomplete.” The senators s...
The judge’s decisions on the bankruptcy of FTX
After the severe blow it suffered, FTX has now been in bankruptcy for some time due to the founder’s fraud. Needless to deny, its demise has caused huge disruptions and a serious impact on the entire ...
US senators write to Silvergate Capital for answers on FTX collapse
It has been reported that a number of senators from the United States have sent a letter to Silvergate Capital, which is the parent business of Silvergate Bank, in which they ask for explanations rega...
FTX Founder SBF Hoped On Foreign Regulators’ Leniency To Stall Bankruptcy
The founder of disgraced crypto exchange FTX Sam Bankman-Fried (SBF), has once again come under serious criticism. According to U.S. Justice Department in a Wall Street Journal report, SBF attempted t...
FTX Debtors Seek Dismissal of Turkish Entities in Chapter 11 Bankruptcy Proceedings – Bitcoin News
FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy proceedings. The defunct crypto exchange’s lawyers believe dismissing the e...
FTX: The Intricate Maze of Influence that leads to Its Affluence
FTX’s dramatic rise to affluence could not have been possible without influencing the right people at the right time. The recent filing in their bankruptcy proceedings elucidates the depths of the int...
FTX sister company Alameda Research sues Voyager Digital for $446M
Embattled crypto investment firm Alameda Research is suing bankrupt crypto lender Voyager Digital in an effort to claw back loan repayments that FTX made before it collapsed in November. Lawyers manag...
FTX clawback efforts accelerate with $450M lawsuit from Alameda against Voyager
Sam Bankman-Fried’s bankrupt crypto lending arm Alameda Research has filed a lawsuit against bankrupt crypto brokerage Voyager Digital, in an attempt to reclaim approximately $446 million in loan paym...
FTX Case: Court Orders to Reveal SBF’s $250M Bail Guarantors’ Names
US District Judge Lewis Kaplan has ruled to make SBF’s $250 million guarantor’s identity public. Kaplan has approved a joint petition from eight media firms that asked to reveal the names of the two p...
FTX Seeks To Recoup $446 Million From Voyager Digital
As per the reports, on Monday, bankrupt cryptocurrency exchange FTX filed a lawsuit against crypto lender Voyager Digital in an effort to recover $445.8 million in loan repayment that were made by FTX...
FTX linked charity under investigation in the UK
A U.K.-based charity regulation commission is set to investigate Effective Ventures Foundation, an England charity organization whose leading contributor was FTX. FTX’s charity organization under scru...
SBF tried to meet FTX replacement CEO John Ray
Disgraced FTX CEO Sam Bankman-Fried attempted to meet with the firm’s replacement bankruptcy CEO John Ray III, according to a court filing dated Jan. 30. That filing disclosed a private message from B...
Failure of FTX demonstrates the need for reform of private placements, Says SEC officials – Cryptopolitan
FTX was overgrowing after its foundation in 2019, and in 2021, it had more than 1 million users worldwide. Similarly, it was the third-largest crypto exchange in terms of volume and had invested billi...
FTX Urges Court to Exclude Turkish Subsidiary From Bankruptcy Proceedings
10 hours ago | 2 mins read Exchange News The filing shows that FTX Trading Ltd, the market maker, owns 80%. Local authorities in Turkey may seize any FTX Turkey assets they deem necessary. Since court...
UK regulator investigates charity linked to FTX
The commission in charge of regulating registered charities in England and Wales has announced it has begun investigating Effective Ventures Foundation, an organization tied to bankrupt crypto exchang...
TRON (TRX) And FTX Token (FTT) In Freefall? No Panicking; Orbeon Protocol (ORBN) Is Here
After a terrible bear market, cryptocurrency is currently seeing a rapid resurgence. Coins like TRON (TRX) and FTX Token (FTT) were among those most severely impacted, as they lost nearly all of their...
DOJ backs move to stop SBF from accessing FTX and Alameda resources – Cryptopolitan
In the criminal case against Sam Bankman-Fried, US prosecutors uncovered text and email messages from Bankman-Fried to the current FTX Chief Executive Officer, John Ray. These documents provide a cruc...
FTX Charity Recipient Under Investigation
A U.K. regulator is investigating the Effective Ventures Foundation, a charity having ties with FTX. Sam Bankman-Fried was a significant donor to the organization. Bankman-Fried, the disgraced boss of...
Co-signers of Bankman-Fried’s $250 million bond a step closer to becoming public
The names of two people who co-signed for disgraced FTX founder Sam Bankman-Fried’s bond are one step closer to becoming public after a federal judge granted a motion to unseal their names. The identi...
FTX exchange: the ban for Sam Bankman
Among the latest news surrounding FTX are federal prosecutors who are growing weary of Sam Bankman Fried‘s attempts to find witnesses in the affair. The request stems from the claim that the former C...
Netflix, Binance, the Wall Street Journal, and filing shows are all owed money by FTX
Join Our Telegram channel to stay up to date on breaking news coverage Lawyers for the insolvent cryptocurrency exchange released a lengthy list of creditors, which includes publishing houses, airline...
Australian regulator is raising concerns about FTX collapse – Cryptopolitan
As stated in a document by the regulator Australian Securities and Investments Commission (ASIC), the introduction of FTX in Australia around March 2022 was addressed internally by the regulator, with...
Australian regulators investigated FTX before collapse
Australian securities regulators were investigating FTX as early as March 2022, according to emails obtained by The Guardian. The investigation looks to have begun after it became clear that FTX was o...