Robert Kiyosaki says the time to buy gold and silver is now, predicting a stock market crash will send prices of the precious metals higher. In other news, the crypto community has been curious about ...
Tag: FTX
Solana Price Sinks To Single Digits For First Time In Nearly 2 Years
Solana has been battered under the weight of its association with Sam Bankman-Fried, with the price of its native token now trading firmly at near-two year lows. SOL has plunged 35% this month and 75%...
Bahamas Regulator Says It Seized $3.5 Billion in FTX Crypto Assets
Bahamas securities regulators said they seized digital assets valued at $3.5 billion from FTX’s local operation in mid-November as the cryptocurrency exchange spiraled toward collapse, a figure that F...
FTX Customers Owed $1.9B Ask Court to Keep Their Names Secret
A group of FTX customers located outside of the United States has asked the court overseeing the cryptocurrency exchange’s bankruptcy case to have their names withheld, court documents show. The 15 cr...
Sam Bankman-Fried Expected to Plead Not Guilty on FTX Fraud Charges
Disgraced FTX founder Sam Bankman-Fried is expected to enter a plea ofd “not guilty” next week as he faces eight federal charges in the Southern District of New York related to the downfal...
Investors Are Selling Their FTX, Celsius Network and Voyager Digital Claims At Steep Discounts
Crypto investors are afraid to make a move on cryptocurrency after facing huge losses in the recent FTX collapse. The users of FTX, Celsius Network, and Voyager Digital are selling their claims at ver...
In 2022 Sports Values Soar Despite Market, Crypto, And FTX Meltdown
2022 was a year that left many of us shell shocked and deeply concerned about our economic future as the world has been destabilized due to the pandemic, problems with supply chain, and the uncertaint...
Bankrupt Crypto Exchange FTX to Start Letting Customers in Japan Withdraw Funds – Exchanges Bitcoin News
FTX customers in Japan will soon be able to withdraw their funds that are currently frozen due to the bankruptcy process. Two FTX-owned crypto exchanges, FTX Japan and Liquid, are developing a system ...
Over $3.5 Billion of FTX Assets under Bahamas’ “Exclusive Control”
The Securities Commission of the Bahamas (SCB) recently disclosed that they seized $3.5 billion of assets from bankrupt crypto exchange FTX. On December 29th 2022, Bahamas Supreme Court ordered to obt...
Former FTX CEO SBF Will Reportedly Enter Not Guilty Plea Next Week
52 seconds ago | 2 mins read Exchange News SBF was extradited from the Bahamas and appeared in federal court in New York. The collapse of FTX and its sister company, Alameda, has sent shockwaves. Acco...
US lawmakers under pressure following FTX collapse: Report
Legislators in the United States seem to be reevaluating the crypto industry and its regulatory needs in light of FTX’s collapse. According to the Wall Street Journal, since the crypto exchange ...
FTX ex-CEO Sam Bankman-Fried may have broken bail conditions, on-chain analysis shows
An in-depth analysis of the latest transactions by former FTX CEO Sam Bankman-Fried and now-defunct venture capital firm Alameda Research suggests that SBF may have broken his bail conditions. On Dec....
FTX Founder May Plead ‘Not Guilty’
Disgraced FTX founder Sam Bankman-Fried is expected to plead not guilty to the charges against him, Wall Street Journal reported. According to the report, the FTX founder is not planning to go down ea...
Troubles at Sam Bankman-Fried’s Alameda Began Well Before Crypto Crash
Sam Bankman-Fried built the cryptocurrency exchange FTX on the reputation of his trading firm, Alameda Research LLC. Alameda was applying Wall Street-style wizardry to the crypto world—and outsiders t...
Evan Luthra, a Victim of Crypto Exchange FTX, Shares His Story
The FTX disaster was something nobody saw coming, and now one investor – a young man named Evan Luthra – has described the debacle he’s endured after losing nearly $2 million in crypto funds following...
Bahamian Regulators Say It Seized $3.5B of FTX Assets
The Securities Commission of The Bahamas announced that it seized $3.5 billion worth of cryptocurrency assets from the now-bankrupt and collapsed crypto exchange FTX. Per a media release issued on Thu...
FTX Collapse Was Led by Several Key Issues
Hindsight is 20/20 yet the red lights were obvious. Sam Bankman-Fried’s FTX crypto club for crypto bros was an ill-managed Medusa of companies replete with issues – pooling customer funds alongside it...
Regulators in the Bahamas Are Holding $3.5 Billion in FTX Customer Assets
The Securities Commission of the Bahamas has taken custody of FTX deposits valued at more than $3.5 billion as of Nov. 12, according to a media release published late Thursday by the SCB. Shortly afte...
Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX
– Advertisement – The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator exp...
Investors ditch FTX, Celsius, Blockfi, and Voyager debt as doubts surface
Cryptocurrency debt trading firm Xclaim has reported that over a hundred institutional investors have been negatively impacted by the failure FTX. Among those affected are firms like BlockFi, Voyager,...
FTX Debtors and the Bahamas regulator lay different claims on amount transferred
FTX Debtors states that the crypto transferred to the Bahamas Securities Commission was valued at $296 million This number falls short of the billions of dollar claim made by the commission FTX Debtor...
Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX – Regulation Bitcoin News
The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator explained that the cryptocurrenci...
Companies and investors may need to return billions in funds paid by FTX
The collapse of FTX Group may not yet be finished with its contagious spread, as clawback provisions could force businesses and investors to return billions of dollars paid in the months leading up to...
FTX Debtors will seek return of crypto held by Bahamas regulator
FTX Trading and its affiliated debtors said Friday that they would seek the return of crypto controlled by the Securities Commission of the Bahamas to their chapter 11 estates for the benefit of credi...
FTX Japan Set to Begin Returning Customer Funds in February
In a statement released Thursday, FTX Japan confirmed plans to begin returning customer assets by February next year. Customers looking to withdraw their lost funds will have to open accounts with Liq...
Bahamas Securities Commission Holds FTX Users’ Assets Temporarily
Bahamas regulator holding FTX assets on a temporary basis. FTX Japan is planning to return users’ assets. Some of the FTX users are selling their claims at steep discounts. As per a December 29 statem...
Bahamas controls FTX customer assets worth $3.5bn
Late Thursday, Dec.29, 2022, the Securities Commission of the Bahamas stated that it was holding more than $3.5 billion in FTX client assets. According to the official press release, the commission is...
FTX Japan Plans To Repay Users in February of Next Year
8 seconds ago | 2 mins read Exchange News Liquid Japan is a crypto trading platform that was recently bought by FTX Trading Ltd. FTX Trading filed for Chapter 11 bankruptcy earlier last month. In a st...
Sam Bankman-Fried and FTX Executives Met With CFTC Commissioner for Dinner in October 2021: Report
Disgraced FTX founder Sam Bankman-Fried reportedly dined with a member of the US Commodity Futures Trading Commission (CFTC), the same federal agency he sought to have regulate the crypto industry, sh...
Over $3,500,000,000 in Crypto Transferred to the Bahamas’ Regulator Hours After FTX Declared Bankruptcy
Over $3.5 billion worth of digital assets were transferred to the Securities Commission of The Bahamas just hours after crypto exchange FTX filed for bankruptcy. According to a new press release, the ...
FTX-backed Projects Plunge as ‘Sam Coins’ Underperform
The collateral damage caused by Sam Bankman-Fried’s downfall continued Wednesday as tokens the disgraced FTX founder has backed slid further. Here’s what’s going on with four major Bankman-Fried...
MicroStrategy Buys More BTC, FTX Revelations and More Contagion: This Week’s Crypto Recap
The last week of 2022 ends with a bang but not in terms of price action, which remains as dull as possible. However, it was marked by multiple events, so let’s dive in. First things first, Michael Say...