6 hours ago | 2 mins read Exchange News The Bahamian Securities and Commission seized $3.5B of FTX deposits. Sam Bankman informed the authorities to take over the digital assets. After approval of t...
Tag: FTX
Bahamas Awaits Court Order to Release $3.5B Seized FTX Funds
The Securities Commission of Bahamas (SCB) awaits court orders to release $3.5B FTX funds to its customers. While SBF reportedly withdraws over $684K. The FTX saga takes a new turn with a press releas...
Disgraced FTX Co-Founder Accused of Moving $684K in Crypto Assets While Under House Arrest – Bitcoin News
According to an analyst on Dec. 29, 2022, the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), may have cashed out $684,000 in crypto assets while under house arrest. If the funds were spent by S...
FTX Customers Want to Keep Their Identities Private
Non-US FTX customers want to keep their identities private. Bahamas regulator holding FTX assets on a temporary basis. The FTX founder visited White House officials in 2022. Non-US FTX customers have ...
FTX Japan users will be able to start withdrawing funds from February
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images Japanese FTX users will be able to start moving their funds out of the collapsed cryptocurrency exchange starting in Februa...
Investors seek to sell FTX, Celsius, BlockFi, Voyager claims
Instead of waiting for a lengthy bankruptcy process, some investors, who have claims on FTX exchange, Celsius Network, BlockFi and Voyager Digital, are looking to pass on their claims to others. Data...
Bahamas regulator seized $3.5 billion of FTX crypto assets
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images The Securities Commission of The Bahamas says it seized $3.5 billion worth of cryptocurrency from collapsed crypto exchange...
FTX Japan Reveals When it Will Resume Withdrawals
FTX Japan, the Japanese division of the bankrupt crypto exchange, plans to re-enable customers’ withdrawals in mid-February next year after suspending the service last month due to the bankruptcy fili...
SBF met Biden aides to discuss crypto policy before FTX downfall
Former FTX CEO Sam Bankman-Fried “SBF” met with White House officials on at least four separate occasions in 2022. Bankman-Fried donated over $70 million to election campaigns within 18 months, being ...
Kraken Pulls Out of Japan, Leaving More Room for Binance
Crypto exchange Kraken is shutting down operations in Japan by the end of January. In a Wednesday blog, the firm said current market conditions demonstrate that “the resources needed to further grow o...
Bahamas regulator is temporarily holding $3.5B FTX assets
Bahamas Securities Commission said it is temporarily holding FTX assets worth $3.5 billion with plans to distribute them to the bankrupt firm’s creditors and customers, according to a Dec. 29 statemen...
Bahamas Securities Commission seized $3.5B in customers’ assets from FTX
According to a statement released on December 29, the Bahamian regulator Bahamas Securities Commission gained possession of digital assets valued at $3.5 billion at FTX Digital Markets shortly after t...
FTX founder reportedly cashes out $684K after being released on bail
FTX founder Sam Bankman-Fried is reportedly cashing out large amounts of cryptocurrency soon after being released on bail, on-chain data suggests. SBF has cashed out $684,000 in crypto to an exchange ...
SBF white house meetings 2 months before FTX collapse exposed
At least four times in 2022, former FTX CEO Sam Bankman-Fried visited with government representatives at the White House, including one meeting that apparently took place only two months before his cr...
Crypto: Tiffany Fong Interviews Former FTX CEO
Crypto expert journalist Tiffany Fong has again had the opportunity to interview Sam Bankman Fried, the former CEO of crypto exchange FTX. What really stirred the news, however, was the headline in t...
Judge Withdraws From FTX Case; Solana Drops, And Snowfall Protocol Rises Sharply!
2022 has not been kind to the crypto market. Among the biggest blows of the year was the collapse of the FTX exchange. When FTX declared bankruptcy, it sparked a chain of events that pulled the entire...
Bahamas seized $3.5 billion from FTX to ‘protect customers’
The Bahamas Securities Commission has announced it took custody of over $3.5 billion worth of FTX deposits. According to a press release the BSC published on Thursday, the regulator moved to seize the...
Bahamas Securities Commission Holding FTX deposits Worth Over $3.5 billion.
In the protracted and gloomy drama involving FTX and SBF, it would seem that we have finally heard some positive news about the assets of users that the criminal mastermind was spending frivolously. T...
FTX To Return Customer Funds In February, But There’s A Catch
Crypto exchange FTX and sister firm Alameda’s executives Sam Bankman-Fried, Caroline Ellison, and Gary Wong are facing criminal charges in the U.S. Meanwhile, FTX Debtors under new CEO John J. Ray III...
Bahamian regulator holding $3.5 billion of FTX customer assets
The Securities Commission of the Bahamas has been holding on to more than $3.5 billion worth of FTX customer assets since Nov. 12, according to a statement from the regulator released late on Thursday...
FTX-owned Liquid announces plan to return customer funds
Liquid, a Japanese fintech firm owned by FTX, has released a plan on how the firm will return assets to customers. The return process will be specific to users who have FTX Japan and Liquid Jap...
FTX Faces Class-Action Lawsuit from Customers Who Claim Right Over Exchange’s Assets
The plaintiffs have argued that the customers of FTX have the first right over the exchange’s frozen funds, in an attempt to get their money back. The collapse of the crypto exchange FTX-led to more t...
Bahamas Seized $3.5 Billion From FTX to Keep Them From Vanishing
While Sam Bankman-Fried awaits his January 3rd arraignment within the confines of his parent’s home, the Securities Commission of the Bahamas (SCB) has revealed that it seized $3.5 billion worth of di...
SBF met with Biden’s senior advisors 2 months before FTX collapse: Report
Former FTX CEO Sam Bankman-Fried met with government officials at the White House on at least four separate occasions in 2022, one of which reportedly occurred just two months before the fall of his c...
Non-US FTX customers want private info redacted from bankruptcy filings
A group of non-U.S. FTX customers are pushing to have their names and private information redacted from court documents as part of the crypto exchange’s Chapter 11 bankruptcy process. In a Dec. 28 joi...
FTX to return Japanese customers’ assets next year
FTX Japan has finally disclosed plans to repay consumers, although there may be more bumps along the road. According to the official statement released on Dec.29, customers of both FTX Japan and its a...
FTX creditors ask for names and info to be redacted from court filings
Several former FTX customers have asked for their names removed from court filings, according to a Wall Street Journal report on Dec. 29. In a legal filing from the day prior, customers requested a co...
Strange FTX Hack Upon Bankruptcy Finally Attracts US Feds
The US Department of Justice (DOJ) is reportedly probing an apparent hack worth $372 million on crypto exchange FTX as it filed for bankruptcy on Nov 11. Blockchain analytics unit Elliptic initially r...
The Year in Crypto, 2022 Part 2: Ethereum Merges, Feds Sanction Tornado Cash, FTX Collapses
It’s a weird world when a developer is arrested for writing code, while an alleged fraudster who allegedly commingled $8 billion in user funds enjoys the holidays with his family. But that’...
Analysts Keep A Strong Eye On HedgeUp To Become The Cryptocurrency Savior After Sam Bankman Destroys FTX
Analysts are constantly looking for the next significant cryptocurrency to revamp people’s hopes, especially after the damaging impact of the fall of FTX. The focus has been on one major thing: the lo...
FTX Investments in Two Companies Via Users Funds Draws SEC Attention
According to the Securities and Exchange Commission (SEC), several billions of dollars of users’ and investors’ funds disappeared from FTX. Approximately $200 million were used to fund two companies f...