The Japan-based division of the defunct global crypto exchange FTX is preparing to reopen withdrawals for its customers. In a new press release, FTX Japan says it will use its Liquid Global platform t...
Tag: FTX
FTX Japan to resume crypto and fiat withdrawals on Feb. 21
FTX Japan, the Japanese subsidiary of the collapsed crypto exchange FTX, will resume crypto and fiat withdrawals from Feb. 21. Withdrawals will be processed via the Liquid Japan web platform, it...
Galois Capital Becomes the Latest Casualty of FTX Demise
Galois Capital is another hedge fund that has become one of the well-known casualties of the FTX demise. According to the Financial Times, it has chosen to shut down and repay investor funds. Last yea...
Hedge fund closes operations after losing funds in FTX exchange: Report
Hedge fund Galois Capital, one of the victims of the FTX collapse, has thrown in the towel after half of its assets got trapped in the bankrupt exchange. The fund has finally decided to shut down and ...
Crypto Hedge Fund Galois Capital Shuts Down After Losing $40M to FTX
Join the most important conversation in crypto and web3! Secure your seat today One of the world’s largest crypto-focused quantitative funds, Galois Capital, has called it quits after losing a sizeabl...
Galois Capital shuts down in aftermath of FTX collapse
Galois Capital has moved to shut down its hedge fund operations following a $40 million loss resulting from the FTX collapse, according to the Financial Times (FT). The U.S.-based hedge fund managed a...
Unsecured Voyager Creditors Subpoena FTX Executives
After the FTX Group unceremoniously attempted to claw back the repayment of Alameda’s loan to Voyager, lawyers on the side of the struggling crypto platform have responded with a two-part salvo of leg...
Crypto hedge fund Galois Capital shuts after getting caught up in FTX saga: FT
Galois Capital, a crypto hedge fund that had half of its assets trapped on the collapsed crypto exchange FTX, is reportedly shutting down and returning its remaining money to investors. “G...
FTX’ Japanese Unit May Resume Withdrawals This Month
– Advertisement – FTX’s Japanese unit plans to let customers withdraw their funds by the end of this month. The bankrupt exchange has asked its clients to confirm their account balances a...
Former FTX Exec Nishad Singh Reportedly To Plead Guilty
Exchange News Singh used to be the head of engineering and was considered to be in SBF’s inner circle. SBF, on the other hand, is the only one of the defendants to enter a not-guilty plea. It has been...
Former FTX CEO Sam Bankman-Fried to Appear in court remotely
A request has been made by representatives for Voyager Digital’s unsecured creditors to have the former CEO of FTX, Sam Bankman-Fried (SBF), as well as numerous top-level officials from FTX and ...
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange – Bitcoin News
On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debto...
Nishad Singh Negotiating Plea Deal in FTX Bankrupt
According to a report from Bloomberg on February 17, Nishad Singh, who was the co-founder and former chief engineer of the defunct cryptocurrency exchange FTX, is negotiating a plea agreement with the...
Rep. Jesus Garcia Booted from House Committee Following Alleged FTX Ties
Democrat representative Jesus “Chuy” Garcia has been removed from the House Financial Services Committee following the overtaking of the House of Representatives by republicans and the implementation ...
Voyager Creditors Go After SBF and Other FTX Executives
Representatives of unsecured creditors for Voyager Digital have subpoenaed former FTX CEO Sam Bankman-Fried (SBF) and other top executives of the bankrupt crypto exchange. According to a Feb. 18 court...
Voyager Bankruptcy: Former FTX CEO Sam Bankman-Fried Served Deposition Subpoena By Creditors
The current legal saga facing FTX former CEO Sam Bank-Friedman shows no signs of abating, with new cases weekly. The latest reports say that the FTX founder has been served a subpoena to testify at a ...
FTX Japan Likely to Resume Withdrawals This Month
Ethereum News Customers were asked to verify their account balances before withdrawals could be made. FTX Japan filed a strategy for resuming user withdrawals in December 2022. The Japanese branch of...
FTX Distances Itself From FUD Token Causing Price to Tank
FTX Users’ Debt (FUD) token has seen a drop in its trading volume after FTX announced that it is not associated with the token. In a Feb. 17 tweet, the bankrupt firm said it had not issued any debt to...
FTX Warns of Fake ‘Debt Tokens’ Trading on Exchanges
The restructuring team overseeing the FTX bankruptcy today warned investors to be on the lookout for scam tokens that aim to take advantage of the collapsed cryptocurrency exchange’s troubles. “The FT...
Former FTX exec will plead guilty to federal charges with a deal: Report
Nishad Singh, the co-founder and former chief engineer of bankrupt crypto exchange FTX, is working on a plea deal with prosecutors, Bloomberg reported on Feb. 17. The deal, which would see the 27-year...
Celsius, FTX feel investors’ wrath as lawsuits multiply
The stunning collapses of Celsius and FTX destroyed many lives — early adopters who had the foresight to understand the unique value propositions of Bitcoin (BTC) and crypto were left with practically...
New Lawsuit Accuses Silvergate Bank of Assisting SBF And FTX Fraud
Join Our Telegram channel to stay up to date on breaking news coverage What – The legal case involving the co-founder and former CEO of FTX, Sam Bankman-Fried (SBF), is still ongoing. Why – In a new d...
FTX Japan Plans to Resume User Withdrawals in February
It has been claimed that FTX Japan, the Japanese affiliate of the bankrupt cryptocurrency exchange FTX, intends to begin withdrawals for impacted consumers as early as the month of February. As part o...
FTX Japan to Resume Withdrawals after Successful Beta Testing
As the sun rose over Tokyo on a crisp February morning, news of FTX Japan’s impending resumption of customer withdrawals spread like wildfire. The exchange had been embroiled in controversy and scanda...
FTX Japan plans to resume withdrawals as early as February: Report
Bankrupt cryptocurrency exchange FTX’s subsidiary in Japan, FTX Japan, reportedly plans to resume withdrawals for affected users as early as February. According to a Feb. 17 report from Bloomberg, FTX...
Former FTX executive Nishad Singh reportedly plans to plead guilty
Former FTX executive Nishad Singh is reportedly planning to plead guilty to criminal charges. Singh may face separate charges filed by the SEC and CFTC. Nishad Singh, the former head of engineering at...
FTX Investigations are Plenty, No Need for Independent Examiner, Judge Rules
An FTX bankruptcy judge has denied a motion to appoint an independent examiner. Judge John Dorsey said it would be unnecessary in comparison to other ongoing inquiries by law enforcement and FTX’s new...
Former FTX Director of Engineering Nishad Singh Negotiating Plea Deal with Prosecutors – Bitcoin News
Another member of Sam Bankman-Fried’s inner circle allegedly plans to plead guilty to criminal charges for his role in the alleged fraud that occurred at the cryptocurrency exchange FTX. According to ...
FTX Bankruptcy Judge Agrees Independent Examiner Would Mean More Risk
Appointing an independent examiner in the FTX bankruptcy proceedings “would create an increased risk of further loss through inadvertent disclosures or hacking,” Judge John Dorsery said in a hearing o...
FTX warns against Justin Sun-backed FUD tokens
Ad Bankrupt crypto exchange FTX has warned its creditors against patronizing unauthorized debt tokens, including the Justin Sun-backed FTX User Debt Token (FUD). FUD is a debt token issued by Debt DAO...
Sam Bankman-Fried is embroiled in legal drama. FTX is moving on without him.
Beleaguered crypto exchange FTX is charging ahead in bankruptcy court, preparing for high-profile clawbacks to begin at the end of the month. Meanwhile, the company’s former CEO could lose most...