A UK-based charity is being probed by regulators over its ties to collapsed crypto exchange FTX. In a statement issued on Monday, the Charity Commission announced that it is launching an official inqu...
Tag: FTX
Orbeon Protocol (ORBN) Is Predicted To Match Axie Infinity (AXS) And FTX Token (FTT)
Orbeon Protocol (ORBN), although in stage 4 of its presale, has garnered accolades in the crypto world for its quick ascent to a legitimate rival to industry heavyweights like Axie Infinity (AXS) and ...
How did so many Jane Street traders wind up at FTX?
Established in 1999, quantitative trading firm Jane Street has grown to become a multi-billion-dollar Wall Street giant. The firm employs thousands of employees and, even though it’s not required to f...
Australian Financial Watchdog Raised Concerns Months Before FTX Fall
3 hours ago | 2 mins read Exchange News ASIC was worried about FTX Australia’s operations after it was granted a license. The regulator sent a Section 912C notice to FTX in first month of operations. ...
Australian financial watchdog had FTX under surveillance before its collapse
Australian regulators were allegedly on the lookout for FTX’s troubles six months before the crippled firm filed for bankruptcy protection from creditors. According to a publication issued by Guardian...
Australia’s ASIC aired concerns about FTX ‘eight months’ before its collapse
Australia’s financial regulator raised concerns about FTX’s local subsidiary up to eight months before the exchange’s collapse Approx. 30,000 Australian customers and 132 businesses are owed money or ...
Aussie regulator flagged concerns about FTX months before collapse: Report
Australia’s financial regulator reportedly raised concerns over FTX’s local Australian subsidiary as long as eight months before the exchange met its untimely end in November. According to documents o...
Australian regulators reported concern surrounding FTX – 8 months before its collapse
Australian regulators were concerned about FTX since March 2022 — 8 months before the crypto exchange collapsed, according to a report by The Guardian. Documents obtained by Guardian Australia indicat...
Sam Bankman-Fried seeks to access FTX funds
Sam Bankman-Fried’s legal team is seeking to remove a bail condition that prevented him from accessing FTX funds, according to court filings from Jan. 28. A letter from Bankman-Fried’s lawyer, Mark Co...
FTX Founder Sam Bankman-Fried Now Wants His Crypto Back
What comes as a surprise to the ongoing FTX fraud case, Sam Bankman-Fried’s attorneys have argued that he should have access to the assets and cryptocurrencies owned by his former company FTX, since t...
SBF Replies U.S. Prosecutors, Requests Access to FTX Funds
Disgraced FTX founder Sam Bankman-Fried (SBF) said the recent government allegations painted him in the “worst possible light.” US prosecutors alleged that SBF’s message to FTX US General counsel Ryne...
SBF Tried to Influence a Former FTX Employee’s Testimony, US Prosecutors Claim
The disgraced founder and former CEO of FTX tried to contact and potentially influence the witness testimony of another exchange employee, according to the US Department of Justice. As such, the prose...
Sam Bankman-Fried’s defense moves to remove restrictions on FTX assets
On Jan. 28, Sam Bankman-Fried’s legal representatives filed paperwork to have a restriction lifted that currently prohibits the former CEO from accessing FTX’s funds. Bankman-Fried’s legal team argue...
FTX Execs Maxed Out Donations to Rep. George Santos
Multiple top ex-employees of collapsed crypto exchange FTX maxed out donations to alleged scammer George Santos (R-NY) during his successful 2022 campaign for Congress, FEC filings have revealed. Rya...
Solana Flips Shiba to Regain Footing Post-FTX — Is MATIC Next?
Solana (SOL) is eyeing a return to the top 10 cryptocurrencies by market value — now trading only 25% below its price point recorded just before FTX imploded. SOL sank more than 70% in the months foll...
FEC Filings Reveal Rep George Santos Received Max Donations From FTX
Exchange News The two former FTX workers solely gave money to unsuccessful House candidates. Donations to Santos don’t seem out of the ordinary coming from Salame. The crypto sector is still feeling t...
Goldman Sachs: We Are Not an FTX Creditor
Documents filed Wednesday in Delaware’s US Bankruptcy Court list thousands of potential FTX creditors, though lawyers said the names within the documents are not necessarily significantly tied to the ...
FTX Co-Founder Sam Bankman-Fried Seeks Removal of Bail Restrictions on Crypto Asset Transfers – Bitcoin News
Sam Bankman-Fried, the disgraced co-founder of FTX, is seeking access to crypto assets associated with FTX and Alameda Research, according to a letter written by his attorney, Mark Cohen. Cohen insist...
Former FTX CEO SBF Urges Court For Access to Crypto Assets
2 hours ago | 2 mins read Exchange News Bankman-Fried resigned as CEO of FTX on November 11th, 2022. Mark Cohen, Bankman-Fried’s attorney wrote a letter to the court on January 28. A surprising develo...
What the FTX creditor matrix does — and doesn’t — tell us about the exchange’s bankruptcy
FTX filed a massive creditor matrix in bankruptcy court this week, naming law firms, luxury restaurants, media outlets and state government agencies as creditors that may be owed money by the troubled...
FTX lawyers to reap millions from the bankruptcy case: Report
According to a new report, the controversial law firm Sullivan & Cromwell is on track to reap a fortune from its work on the FTX cryptocurrency exchange’s bankruptcy case. Sullivan & Cromwell’...
FTX lawyers to make millions from bankruptcy case
FTX’s legal team is poised to reap millions from the ongoing FTX bankruptcy case. With the trial set to take place in October 2023, the team has under eight months to sort out the issue. The process i...
The Weekend Shift: Crypto, FTX, Media
Welcome to the 103rd Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write a...
FTX: Prosecutors ask judge to restrict communication between SBF and witnesses
Prosecutors have asked the judge overseeing SBF’s case to restrict communication between him and employees of FTX. SBF reportedly contacted the General Counsel of FTX in an attempt to influence his te...
Big funding rounds, layoffs and FTX developments
The past week saw an interesting set of big funding announcements, although the overall market sentiment remains bearish. Several companies announced job cuts as they struggled to stay afloat with the...
Former FTX Boss, Sam Bankman-Fried, Using Privacy Messaging App, Signal
Federal prosecutors of the Southern District of New York overseeing the current case against Sam Bankman-Fried, the disgraced founder and former CEO of FTX, want the court to impose tighter bail condi...
FTX Lawyers Attempt to Question Bankman-Fried’s Family and Inner Circle for Financial Insight – Bitcoin News
According to court documents in the FTX bankruptcy case, the company’s attorneys seek to subpoena FTX co-founder Sam Bankman-Fried, his brother Gabriel Bankman-Fried, and his parents, Joseph Bankman a...
FTX linked bank Silvergate suspends dividend
Silvergate, a bank favored by Sam Bankman-Fried, recently announced the suspension of a preferred stock dividend. Suspension of Series A preferred stock dividend In a recent press statement, Silverg...
Goldman Sachs denies being FTX creditor
Goldman Sachs recently claimed not to be part of the FTX creditors listed on the 115-page court document presented by FTX lawyers on Jan. 25. The document listed thousands of creditors, including gove...
How much money will Sullivan & Cromwell make from the FTX cryptocurrency
The infamous legal firm Sullivan & Cromwell is reportedly on course to make a fortune as a result of its work on the bankruptcy case involving the FTX bitcoin exchange, as stated in a recently pub...