The US Justice Department has launched a webpage that allows any US resident who believes they’re a victim of fraud by Sam Bankman-Fried (SBF) to file an official report. It specifies 10 rights that f...
Tag: FTX
FTX Faces Uphill Task To Sell LedgerX, Other Businesses
Andrew Vara, the US bankruptcy trustee in FTX’s case, on Saturday filed an objection to the bankrupt company’s plans to sell four of its businesses, arguing FTX has provided “very little information” ...
US DoJ FTX probe seizes Robinhood shares worth nearly $500m
US government officials informed a Delaware virtual court hearing that they would be seizing various assets linked to the bankrupt crypto firm FTX, including around $500 million in Robinhood shares. S...
Active Solana wallets tripled since FTX disaster
Blockchain data shows that the number of daily active wallets on Solana (SOL) is recovering and is now three times higher than what was reported before the collapse of FTX — a major crypto exchange wi...
Sources claim FTX investigation could exhaust the SDNY court
The criminal investigation into the fraud committed by the FTX exchange and its CEO Sam Bankman-Fried could be a lot more complex than lawmakers anticipated. Prosecutors in the U.S. District Court for...
FTX: still problems two months after the collapse
Despite the fact that it has now been almost two months since the crypto exchange collapsed, the problems for FTX do not seem to want to end. With the filing for bankruptcy management, the company’s ...
A Court Filing on The Expenditure of FTX in Recent 9 Months
According to a document filed in the Delaware bankruptcy court, the Bahamian entity of FTX has spent almost $40 Million on hotels, food, and travel in recent 9 months. The lawyers pointed out in the c...
Voyager Labels FTX a Hypocrite for Opposing to Binance Acquisition Deal
BinanceUS was all prepared to acquire Voyager’s asset for $1 billion during one of the worst periods in the history of cryptocurrencies, which was the collapse of FTX. The resistance of the United Sta...
Prosecutors investigate former FTX executive Nishad Singh: Bloomberg
Federal prosecutors are probing whether former FTX Director of Engineering Nishad Singh played any role in trading schemes that resulted in the illicit use of customers’ funds, Bloomberg first r...
BlockFi said CEO cashed out nearly $10 million as FTX loan stabilized clients
Bankrupt crypto lender BlockFi said its CEO cashed out close to $10 million from the platform to pay taxes last year as FTX provided about $15 million in payments to certain insider accounts as part o...
DOJ Seizes $470 Million in Robinhood Shares From FTX Executives
Sam Bankman-Fried (SBF) and his former right-hand, Gary Wang, are unable to retain ownership of almost half a billion dollars worth of Robinhood shares, according to a court document dated January 6th...
FTX Declines Disclosure to Sell LedgerX and Other Businesses
As the FTX investigation is still ongoing, several unexpected incidents have been discovered. In today’s news, Andrew Vara, the US bankruptcy trustee in FTX’s case, disclosed that the beleaguered exch...
DOJ Sets Up Communication Channel for FTX Collapse Victims
Government seeks to connect with the victims of the FTX collapse. Sam Bankman-Fried is charged with eight separate indictments. The US government took an initiative to reach out to the victims of the ...
U.S. DoJ Seizes 55M Robinhood Shares Linked to FTX
– Advertisement – The Department of Justice seized 55.27M Robinhood shares and $20.74M from an account in ED&F Man Capital Markets Inc linked to FTX. The United States Department of Ju...
Top 5 FTX films and documentaries in production
FTX set the crypto pace in November and December 2022 and continues to maintain relevance in 2023. However, lessons from the debacle will continue to shape the crypto industry for the foreseeable futu...
FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents – Bitcoin News
Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spen...
FTX businesses including LedgerX draw interest from over 100 potential buyers
Roughly 117 parties are interested in buying entities of the FTX, according to a new legal filing in the troubled crypto exchange’s bankruptcy case. The crypto giant filed for bankruptcy protec...
Ex FTX US President Harrison to ‘Share in Time’ Information On FTX
The FTX demise has undoubtedly resulted in multiple questions from many people wondering how an exchange that was once one of the largest could have crashed in a blink of an eye. Former FTX US preside...
Robinhood Shares Worth Nearly $500M Seized in FTX Case
The U.S. Department of Justice (DOJ) has seized more than 55 million shares of Robinhood (HOOD) stock owned – via a holding company – by Sam Bankman-Fried and FTX co-founder Gary Wang, according to a ...
Court filings show FTX execs lavished over $40m on hotels
FTX bankruptcy documents filed in the Delaware bankruptcy court show the exchange’s disgraced founder, Sam Bankman-Fried and executives lavished over $40 million on luxury living and “crazy” expenses ...
FTX Allegedly Gave Just as Much Money to Republicans as It Did to Democrats
The drama surrounding FTX is getting a lot worse. Initially, it was believed that Sam Bankman-Fried – the man behind the now failed digital currency exchange – gave a lot of money to democrat politici...
FTX cofounders’ Robinhood shares worth over $450 million seized
The U.S. Department of Justice seized more than $456 million in Robinhood shares owned by FTX co-founders Sam Bankman-Fried and Gary Wang. A court filing dated Jan. 6 says the shares were seized...
Former FTX US President Brett Harrison to spill the beans ‘in time’
The former FTX US president Brett Harrison wrote on Twitter that he would talk about the defunct crypto exchange “in time.” Brett Harrison says he will share information on FTX’s operations Brett Hari...
FTX spent $40M on food, flights, and hotels in just 9 months: Court filings
FTX’s Bahamian company spent a staggering amount of money on luxury hotels and accommodation, flights, and food just nine months before the exchange’s collapse, court filings revealed. In bankruptcy ...
Former FTX U.S. president Harrison says he’ll share information on exchange ‘in time’
Brett Harrison, former president of FTX U.S., plans to share information on the crypto exchange’s operations. Harrison responded to a post on Twitter asking what he knew about FTX’s U.S. unit, a...
FTX Fraud Victims to Get a Website for Court Proceeding Communication & Federal Rights
US Government is planning to launch a website for FTX U.S victims to notify them regarding their court proceedings and federal rights. Lewis A Kaplan has been appointed as the District Judge for this ...
Did FTX Rekt You? Using this website, you can contact law enforcement
Join Our Telegram channel to stay up to date on breaking news coverage Are you a victim of FTX? Better call the federal authorities. Or at the very least, go to the website they’ve established to diss...
SBF Fights for Robinhood Shares — Says He Needs Them More Than FTX Customers Who Only Suffer ‘Possibility of Economic Loss’ – Featured Bitcoin News
Disgraced FTX founder Sam Bankman-Fried (SBF) is attempting to regain access to his Robinhood shares, worth over $460 million. The former CEO of the collapsed crypto exchange claimed that he needs the...
Solana Labs Turns a Loss of Approx. $200M Following the Downfall of FTX
Solana Labs reportedly loses millions of its cryptocurrencies after FTX collapses FTX’s recent downfall still has a continuing effect on Solana’s price Solana Labs also seems to have bypassed the mos...
DOJ Officially Seizes Over $456,000,000 Worth of Robinhood Shares Tied to FTX Founder Sam Bankman-Fried
The U.S. Department of Justice (DOJ) has officially seized shares of popular trading app Robinhood linked to Sam Bankman-Fried despite objections from the disgraced FTX founder’s legal team. In a fili...