On Wednesday, a counsel for the bankrupt crypto trading venue FTX, founded by Sam Bankman-Fried, stated that the company recovered more than $5 billion. However, the magnitude of consumer losses in it...
Tag: FTX
Tom Brady has more than one million FTX shares- The Cryptonomist
Tom Brady is probably the most famous American football quarterback of all time, and it is widely known that some time ago he invested millions of dollars in FTX. A couple of days ago an official doc...
FTX recovers more than $5 billion so far
– Advertisement – Crypto exchange FTX has recovered more than $5 billion, but the extent of customer losses in its collapse is still unknown. The collapse of the company has left many inve...
The Block: Bankruptcy judge terminates FTX naming rights for Miami Heat arena: Miami Herald
A federal bankruptcy judge on Wednesday terminated FTX’s naming-rights deal with Miami-Dade county for the downtown arena where the NBA’s Miami Heat play, the Miami Herald reported. ...
FTX Bankruptcy Filing Reveals SBF’s Connection With VC Firms
FTX exchange, a popular cryptocurrency exchange which was widely used by traders to buy and sell coins and tokens filed for bankruptcy on 11 November. Since then the investigation team has been on the...
FTX Empire Ties With VC Firms Under Probe
SBF News: Sam Bankman-Fried, the co-founder and former CEO of FTX, invested over 20 million USD in a venture capital firm, Paradigm, that later bought a stake in FTX, revealed the court filings. As th...
Former FTX Executive and Housemate of Sam Bankman-Fried Cutting Immunity Deal With Feds: Report
A former senior executive at bankrupt crypto exchange FTX has met US federal prosecutors with a view of cutting an immunity deal. According to a new Bloomberg report, Nishad Singh, a former director o...
FTX locates $5 billion in cash and liquid crypto, contemplates sale
FTX’s new leadership says it has located $5 billion in cash, liquid cryptocurrency and liquid investment securities, two months after the troubled crypto exchange filed for bankruptcy protection...
New FTX Management Has Located Over $5B in Liquid Assets
Key Takeaways The new FTX management has located over $5 billion in liquid assets. These include cash, liquid cryptocurrencies, and liquid investment securities. The sum does not include the $425 mill...
FTX has recovered $5 billion worth of ‘liquid’ assets, lawyers say
John Ray, chief executive officer of FTX Cryptocurrency Derivatives Exchange, arrives at bankruptcy court in Wilmington, Delaware, US, on Tuesday, Nov. 22, 2022. Eric Lee | Bloomberg | Getty Images FT...
FTX Collapse: Dispute Between Billionaires Winklevoss, Silbert Escalates
FTX’s bankruptcy filing has reverberated again through the crypto space, and in a big way. Cameron Winklevoss, co-founder of the Gemini cryptocurrency exchange, has accused billionaire Barry Sil...
US lawmakers call on court to approve ‘independent examiner’ in FTX bankruptcy case
A bipartisan group of four United States senators has criticized one of the law firms involved in the bankruptcy case of crypto exchange FTX for conflicts of interest. In a Jan. 9 letter to Judge John...
Tom Brady, & Coinbase Among The Major FTX Shareholders
The FTX collapse in 2022 has brought down many companies and individuals who were in relation with the company. The firm filed for Chapter 11 bankruptcy in November 2022 after which its founder and CE...
Can Binance Manipulate Crypto Prices Like FTX? Binance’s Co-Founder Answers
He Yi, co-founder and chief marketing officer of Binance, on Tuesday said the crypto exchange has strict internal control over crypto trading by employees. After buying cryptocurrencies, employees mus...
Bankruptcy Filing Reveals Tom Brady, Kevin O’Leary, and Coinbase Among Major FTX Creditors
Football star Tom Brady, companies under the control of New England Patriots Robert Kraft, and crypto firms Blackrock, Coinbase, Lightspeed Venture Partners, Pantera Ventures, and Tezos Foundation are...
FTX Blew $40 Million On Meals, Private Jets, And Luxury Hotels In Less Than Nine Months Before Its Collapse ⋆ ZyCrypto
Advertisement     New court filing reveals troubled FTX splurged $40 million on luxury meals and flights before its collapse. A large chunk of the sum was spent on hot...
Binance annual revenues up by over 10x despite FTX losses
A Jan.9 report by Forbes suggests Binance has lost $12 billion in the past two months due to massive fund withdrawals by its customers following the sudden collapse of Sam Bankman-Fried’s FTX crypto e...
Films and TV Shows on FTX Debacle That Are Currently Under Production
Hollywood is drawn to stories that have drama at their core. That’s why you saw a number of films, TV shows, and documentaries on the spectacular fall of Theranos and the scandal that ensued. Now, it’...
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York – Bitcoin News
U.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report citing people familiar with the matter. Another report, publis...
FTX units on auction block draw 117 interested buyers: Court filing
As many as 117 parties have expressed interest in buying up one or more of FTX’s independently operated subsidiaries including FTX Japan, FTX Europe, LedgerX and Embed, according to a court filing. Th...
FTX investors included Robert Kraft, Paul Tudor Jones: new filings
FTX founder Sam Bankman-Fried leaves the courthouse following his arraignment in New York City on December 22, 2022. Ed Jones | Afp | Getty Images It wasn’t just Tom Brady and Gisele Bündchen. T...
Solana Moves On From FTX Crisis, Sparkles 46% In Last 7 Days
Solana (SOL) has been included in the top cryptocurrencies to watch out for this week of finance and crypto-focused site Investopedia. This no longer comes as a surprise considering that at one point ...
Senators voice concerns over law firm’s role in FTX bankruptcy
Four lawmakers lambasted a prominent law firm’s role in FTX’s bankruptcy proceedings and called for an independent examiner to oversee the investigation into the crypto exchange’s collapse. Sen...
Sam Bankman-Fried Makes Rare Appearance Following FTX Collapse
Sam Bankman-Fried – the disgraced founder of fallen digital currency exchange FTX – made a rare appearance at the Deal Book Summit in New York on the last day of November last year. Sam Bankman-Fried ...
Bitcoin breaches key price level for first time since FTX crash
After several challenging months, the cryptocurrency market is recording slow gains again, driven by its largest asset by market capitalization – Bitcoin (BTC), which has recently crossed an important...
Stablecoin Issuer Tether Refused Help to FTX During Crisis
It’s been almost two months since crypto exchange FTX filed for Chapter 11 bankruptcy, but the dark details of what happened during the crisis continue to pop up even today. As per the latest Forbes r...
Four FTX Subsidiaries on Sale—117 Interested Parties in Queue
The crypto exchange debtors sought potential buyers for companies. FTX filed for Chapter 11 Bankruptcy in November. The collapsed Bahamian crypto exchange FTX is going through bankruptcy proceedings ...
Opinion: Has the FTX Crash Exposed a Government Conspiracy?
FTX is likely to go down as one of the biggest embarrassments in the history of crypto. More than that, as additional layers get stripped away to reveal what happened, one can’t help but put a few pie...
Binance USD Users Dumping Coins for Snowfall Protocol En Masse Following Impact of FTX Collapse
A black swan event like the FTX crash has rocked the entire crypto market. He brought down many cryptocurrencies with it. Between December 12th and 14th, Binance saw more than $6 billion in withdrawal...