The crypto community at the WEF meeting in Davos, Switzerland, has sought to disassociate itself from FTX’s abrupt demise and its co-founder Sam Bankman-Fried, currently charged with federal crimes in...
Tag: FTX
Crypto Giant Genesis Files For Bankruptcy As Casualties Mount After FTX Collapse
Topline Cryptocurrency lender Genesis filed for bankruptcy late Thursday night, court documents show, the latest major player to fold and another blow to the sector as it struggles to recover from the...
SOL Price Explodes: Solana’s Comeback From FTX Crash Lows, Is This the Start of a Massive Rally?
The Solana (SOL) cryptocurrency has seen its value more than double since reaching its lowest point following the FTX and Alameda incident. It has moved from trading below $9 in the last three weeks t...
FTX could be revived; Binance received funds from Bitzlato
The biggest news in the cryptoverse for Jan. 19 saw FTX CEO John Ray II suggest that the failed exchange could be revived. Meanwhile, the U.S. agency FinCEN accused Binance of acting as a counterparty...
Revolut pauses crypto launch following FTX collapse
London-based financial technology company Revolut will reportedly suspend plans to launch its crypto token amid the sudden downfall of crypto exchange FTX, which caused a ripple in the industry. Revo...
Ripple CEO Reveals $10Mn Exposure To Bankrupt FTX Exchange
While Ripple’s conflict with the SEC persists, it appears that it has also encountered other issues. Let’s see what’s new with Ripple. Ripple CEO reveals exposure to FTX! In a recent fireside discus...
FTX Cannot Be Saved, Sam Betrayed Me
Anthony Scaramucci, the founder of Skybridge Capital, thinks failed crypto exchange FTX cannot be saved following its bankruptcy filing. Ex-FTX Boss’ Betrayal In an exclusive interview while attendin...
Current FTX CEO John Ray III Plans Relaunching the Crypto Exchange
10 hours ago | 2 mins read Exchange News Former Enron restructuring Chief Ray has promised to investigate all viable options. Ray claims that some customers have praised the company’s technology. John...
FTX: What happened to Sam Bankman Fried?
Here are updates regarding the situation of Sam Bankman Fried, the former CEO of FTX, who has made various statements regarding the solvency of FTX US. In addition, the former president of FTX US hims...
SBF Reacts to Ray’s Intent on Restarting FTX
– Advertisement – FTT Rallies by 34% as Ray Discloses Intent to Restart FTX. The asset staged its latest 34% rally in under 2 hours. FTX Token (FTT), the native token of bankrupt exchange ...
FTX CEO John Ray creates taskforce to explore restarting exchange
FTX CEO John Ray III is investigating the possibility of relaunching the now-defunct cryptocurrency exchange, The Wall Street Journal reported Jan. 19. The CEO told the Journal that he had created a ...
Lawyers find billions in cash and cryptocurrencies while searching for FTX assets
Join Our Telegram channel to stay up to date on breaking news coverage Two months after declaring bankruptcy, FTX’s attorneys are now identifying and valuing the company’s assets to see how much money...
Breaking: FTX CEO is considering restarting crypto exchange
FTX 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 J. Ray III stated that he...
FTX Could Reopen According to New FTX CEO
New FTX CEO John J. Ray III has stated that there could be a possibility of the bankruptcy exchange reopening. In a recent interview, Mr. Ray stated that the possibility of reopening the exchange is n...
Ripple Lawsuit Ruling Looms, Here Are New Expectations in Wake of FTX Collapse
In the ongoing Ripple-SEC case, both parties have asked presiding Judge Torres for a ruling in their favor without a trial. The motions for summary judgment have been fully briefed, and now the ruling...
How Long Do Recessions Last?
Getty Images Key takeaways A recession occurs when economic indicators like gross domestic product, consumer demand and employment decline Since World War II, the average recession in the U.S. lasts a...
Law firm Sullivan & Cromwell to face scrutiny in FTX bankruptcy hearing Friday
Sam Bankman-Fried used to work out of Sullivan & Cromwell’s office in New York City. Now, the law firm is facing scrutiny over whether it can investigate FTX, the disgraced former billionaire’s cr...
New FTX CEO reveals plans for crypto exchange comeback – Cryptopolitan
John Ray, the new Chief Executive Officer of the defunct cryptocurrency exchange FTX, met with a reporter from the Wall Street Journal on January 19 to explore possible strategies for resurrecting the...
New FTX CEO Discusses Possibility of Rebooting Defunct Crypto Exchange in First Interview Since Taking Over – Bitcoin News
Following recent disclosure that FTX debtors and bankruptcy administrators located $5.5 billion in liquid assets, the new FTX CEO John J. Ray III discussed the business in his first interview since ta...
FTX Greased US Congressman?
CoinDesk reported on Jan. 18 that one in three of US Congressmen received donations from FTX. In particular, the list includes 196 senators from Democratic Party and Republican Party, accounting for n...
The state of the market after the FTX bankruptcy
Since the bankruptcy of FTX, the exchange whose CEO was Sam Bankman-Fried, many vicissitudes have taken place in the blockchain industry. For example, Bitget, the industry-leading cryptocurrency deriv...
New FTX CEO John Ray Says Exchange Could Be Relaunched
According 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 is exploring option...
FTT token price soars after FTX CEO floats exchange restart
FTT, the token tied to bankrupt crypto exchange FTX, shot up 30% after the exchange’s new CEO suggested that FTX.com might be restarted. The token was trading at around $2.28 as of 11:20 a...
FTX Exploring Whether To Restart Bankrupt Exchange, New Chief Says
Topline In an interview with Wall Street Journal, FTX CEO John J. Ray III, the veteran bankruptcy attorney leading the embattled crypto firm through its restructuring, said he would explore whether re...
New FTX CEO says the crypto exchange could be restarted: WSJ
Update: Former FTX CEO Sam Bankman-Fried responded on Twitter to John Ray III’s plan to restart the exchange. “I’m glad Mr. Ray is finally paying lip service to turning the exc...
John Ray Says Reviving FTX is on the Table: Report
The acting Chief Executive Officer of FTX, John J. Ray III, who is in charge of making sure that the creditors of the bankrupt exchange receive as much compensation as possible, said that the platform...
FTX profited from Sam Bankman-Fried’s inflated coins: Report
Sam Bankman-Fried, the former CEO of the FTX crypto exchange, used his influence in the crypto industry to inflate some coins prices through a coordinated strategy with FTX’s sister company, Alameda R...
Former FTX U.S. CEO Sam Bankman-Fried rejects liquidators’ claim of recovered assets
Sam Bankman-Fried, the founder and former chief executive of FTX U.S., has rejected claims by the company’s current leadership made in a presentation on Tuesday that the team has only recovered US$181...
Miami’s nightclub scene impacted due to FTX collapse – Cryptopolitan
Miami’s nightclub spent a lot of money on champagne showers, young crypto entrepreneurs aren’t as visible in nightclubs as they used to be.When FTX fails, it won’t just hurt the Web3 and cryptocurrenc...
The FTX Executives Who Helped Run Sam Bankman-Fried’s Crypto Empire
(Bloomberg) — Sam Bankman-Fried may be the face of FTX’s failure, but he wasn’t the only one keeping his sprawling empire going. Most Read from Bloomberg The more than 130 entities that made up ...