Subpoenas demanding information have been issued on former FTX CEO Sam Bankman-Fried and other FTX and Alameda Research officials by attorneys representing insolvent crypto broker Voyager Digital. Acc...
Tag: FTX
Fears from The FTX Collapse Now Coming Down said Hut 8 CEO
Leverton said the merger will also provide opportunities for diversification, both in terms of geography and revenue streams. The collapse of FTX and crypto turmoil did not affect the merger of Hut 8 ...
Coin Cloud Files For Bankruptcy After Battling FTX Contagion
One of the U.S. and Brazil’s biggest Bitcoin ATM operators, Coin Cloud, filed for Chapter 11 Bankruptcy on Thursday, January 8, after the firm received a severe blow from the crypto winter and the FTX...
SDNY Wants SEC, CFTC To Postpone Cases Against Bankman-Fried
Prosecutors in the Southern District of New York (SDNY) have asked the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) to postpone their cases against the disg...
Venture capital expected to see more regulatory scrutiny after FTX
Throughout 2022 multiple crypto firms filed for bankruptcy. Then came FTX. The Commodity Futures Trading Commission’s Christy Goldsmith Romero spoke about a “trust deficit” am...
FTX Lawyers Can Now Subpoena Sam Bankman-Fried’s Group of ‘Insiders’
A judge granted FTX’s legal team permission to subpoena FTX co-founders Sam Bankman-Fried and Gary Wang, ex-Alameda Research CEO Caroline Ellison, Bankman-Fried’s parents, and his brother Gabriel, acc...
Super Bowl Bans Crypto Commercials Following FTX Collapse
Join Our Telegram channel to stay up to date on breaking news coverage Super Bowl, one of the year’s biggest games, will not feature any crypto commercials this year. The Super Bowl has banned all cry...
Post FTX Collapse, How TradFi Investors Are Rethinking Crypto
This group’s confidence was not shaken by the crypto-related events of the 2022 “pullback” of bitcoin (BTC), ether (ETH), and other coins, the crypto credit crisis or the ensuing con...
Voyager Digital subpoenas SBF and others from FTX and Alameda
Voyager Digital has subpoenaed several executives from FTX and Alameda, including Sam Bankman-Fried and Caroline Ellison. The bankrupt crypto lender’s lawyers have requested documents related to commu...
Crypto Lending Firms Hit Worst As FTX Crises Spreads ⋆ ZyCrypto
Advertisement     The collapse of the FTX exchange may have been the worst sting ever for the crypto industry since it continues to cause more crypto companies to coll...
Voyager subpoenas FTX and Alameda execs as judge orders fee examiner
Lawyers representing bankrupt crypto broker Voyager Digital have served former FTX CEO Sam Bankman-Fried and other FTX and Alameda Research executives with subpoenas requesting information. The subpoe...
Bankruptcy Proceedings Come At A High Cost For FTX, Law Firm To Earn Millions
The FTX bankruptcy case has proved to be a lucrative opportunity for Sullivan & Cromwell, a well-known law firm, as it is expected to earn millions in fees for handling the fallen crypto empire’s ...
FTX bankruptcy fees near $20 million for 51 days of work
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images FTX’s top bankruptcy, legal, and financial advisors have billed the company more than $19.6 million in fees for work ...
Bankrupt crypto giant FTX racks up millions in legal and consulting bills
Going broke isn’t cheap. Troubled crypto exchange FTX and its affiliated companies racked up more than $20 million in legal and consulting bills during the first several months of its ban...
DebtDAO To Burn 18M FTX User Debt Tokens Citing Demand Frenzy
Join Our Telegram channel to stay up to date on breaking news coverage DebtDAO has to burn 18 million FTX User Debt tokens, FUD, following a recent value surge that caused a demand frenzy. What: DebtD...
SBF Lobbied Congress to Benefit FTX, Not Crypto, Says Blockchain Exec
FTX founder Sam Bankman-Fried spent more time lobbying lawmakers in D.C. than any other executive that Blockchain Association executive director Kristin Smith has seen in her 20-year career. So it’s h...
Scaramucci backs new crypto venture by FTX exec
Despite facing massive losses from FTX’s downfall, Anthony Scaramucci, the founder of SkyBridge Capital, is investing in a new crypto software company established by a former FTX executive, seeing pot...
Signature Bank Faces Lawsuit Over Involvement in FTX Fraud
Algorithmic trading firm Statistica Capital filed a putative class-action lawsuit against the crypto-friendly Signature Bank for its alleged knowledge of fund commingling between bankrupt exchange FTX...
Sam Bankman-Fried funded politics but now FTX demands funds
FTX, the company of former crypto enfant prodigy Sam Bankman-Fried, has sent private letters to individual politicians who were recipients of donations sent by the former CEO and founder demanding the...
FTX movies and TV shows currently in production
Join Our Telegram channel to stay up to date on breaking news coverage There have been many pages of newsprint devoted to the failure of the company, its creator Sam Bankman-Fried (SBF), and his allie...
FTX CEO Describes ‘Pure Hell’ Leading Up to Exchange’s bankruptcy case
John Ray, who recently took over as chief executive officer of the cryptocurrency exchange FTX after the business declared bankruptcy, has revealed some of the chaotic incidents that have occurred at ...
Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal – Bitcoin News
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and ...
DebtDAO set to burn 18m FTX user debt (FUD) tokens
DebtDAO, a decentralized autonomous organization focused on debt management, announced its plan to burn 18 million FTX user debt tokens. The decision to burn the tokens results from a demand frenzy f...
Signature Bank Lawsuit Alleges It ‘Substantially Facilitated’ FTX Fraud
New York-based Signature Bank has been slapped with a class-action lawsuit alleging it facilitated FTX’s activities prior to the crypto exchange’s collapse last November. The lawsuit, file...
Class-action lawsuit alleges Signature bank ‘permitted’ FTX comingling customer funds
Crypto-friendly Signature Bank has been drawn into a class-action lawsuit over its role in the operations of the defunct crypto exchange FTX, according to a Feb. 6 court filing. The lawsuit alleged th...
Bitcoin Bull and MicroStrategy CEO Says the Downfall of FTX will be Beneficial for Bitcoin in the Long Run
Join Our Telegram channel to stay up to date on breaking news coverage The mammoth trillion-dollar industry of cryptocurrency is on shaky grounds after the scandals of 2022 imploded crypto giants like...
Bankman-Fried appeals judge’s decision to reveal bond co-signers
Sam Bankman-Fried is fighting to keep the names of the two people who co-signed his bond a secret. The former FTX CEO appealed a judge’s decision to unseal the names of the two co-signers in a ...
Anthony Scaramucci says his experience with FTX and ‘sociopathic’ founder SBF was ‘extremely disappointing.’ He’s now investing in a company run by a former exec of the imploded exchange
Wall Street veteran Anthony Scaramucci was badly burned by the downfall of crypto exchange FTX and its disgraced founder Sam Bankman-Fried—but he isn’t letting it deter him from the cryptocurrency ind...
Judge denies Bankman-Fried’s bail modification ahead of Thursday hearing
A U.S. District judge rejected Sam Bankman-Fried’s request to modify his bail terms and cancel a Thursday hearing on the issue, according to court documents filed on Tuesday. Bankman-Fried agree...
Independent FTX Examiner Could Cost Crypto Exchange $100M, Court Told
“We do not have enough money to pay back all of our creditors and the U.S. Trustee … says that we should spend tens or even hundreds of millions of dollars” on a report, said James Bromley of FTX’s la...
Crypto ad deals for Super Bowl LVII fell apart after FTX collapse: Report
Fans watching the Kansas City Chiefs face off against the Philadelphia Eagles in Super Bowl LVII on Feb. 12 will reportedly not see a plethora of ad spots for cryptocurrency companies, as they did in ...