Binance CEO Changpeng Zhao has cautioned traders about the infamous practice of jitters taking place on many cryptocurrency exchanges. The remark comes on the heels of many exchanges receiving cease-a...
Tag: FTXs
FTX’s Sam Bankman-Fried and Brett Harrison Respond to FDIC’s Allegations of ‘False Statements’
Top executives at crypto exchange giant FTX are responding to allegations of misleading statements from the Federal Deposit Insurance Corporation (FDIC). FTX CEO Sam Bankman-Fried tells his 761,000 Tw...
FTX’s Revenue Climbs Over $1 Billion During The Last 12 Months As Sam Bankman-Fried Works His Magic ⋆ ZyCrypto
Advertisement     FTX’s financials show a 1,000% increase in the exchange’s revenue from 2021. The exchange has embarked on an acquisition spree of several subsidiarie...
FTX’s 2021 Revenue Shot Up By 1000%, Is It Real?
As per the latest reports, crypto exchange FTX had a crazy year in 2021 garnering more than a billion dollars in revenue. On Saturday, August 20, CNBC got access to the internal documents of the compa...
FTX’s Reddit approach could be the key to taking down Coinbase
Over the last few days, the crypto-market has notably improved. As expected, the same has had a positive effect on investors’ presence and participation too. While volumes have recovered, so has the v...
Crypto Lender Voyager Digital Has Received Several Purchase Offers Higher Than FTX’s: Report
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Bankrupt Voyager Digital Calls FTX’s Bailout a ‘Low-Ball Bid’
Sam Bankman-Fried’s FTX may have been hailed as the savior of the crypto winter, but in the latest twist in its acquisition streak, the company has been accused of low-balling one of its rescue offers...
Embattled Crypto Firm Voyager Dismisses FTX’s Early Cash-Out Proposal, Says Offer ‘Highly Misleading’ at Best
Embattled crypto exchange platform Voyager Digital is rejecting FTX’s early buyout offer, according to new court documents. Voyager filed for bankruptcy earlier this month, citing a massive $650 milli...
Voyager Digital Chapter 11: Analyzing FTX’s Proposal
July 25, 2022, 1:06PM EDT • 3 min read Quick Take FTX Trading, West Realm Shires and Alameda partnering together to purchase Voyager’s digital assets and digital asset loans Offer excludes all loans i...
FTX’s Sam Bankman-Fried Justifies Firm’s Offer to Voyager Digital
Sam Bankman-Fried, the co-founder and Chief Executive Officer of FTX Derivatives Exchange, justified the bid the trading platform and its subsidiary Alameda Ventures extended to bailout Voyager Digita...
Voyager Digital: FTX’s Offer Is A “Low Ball Bid,” Argues It Disrupts Bankruptcy Process
In response to FTX’s proposal to provide early liquidity to Voyager customers, the attorneys for insolvent cryptocurrency lender Voyager Digital called the proposal a “low-ball bid dressed up as a whi...
Voyager Says FTX’s Buyout Offer Was Misleading “Low-Ball Bid,” SBF Fires Back
Key Takeaways Voyager’s bankruptcy lawyers have responded to FTX’s buyout proposal to purchase the exchange’s assets and give customers instant liquidity by describing the offer as h...
Voyager Digital Rejects FTX’s Restructure Plan Proposal
36 mins ago | 2 mins read Defi News Loans to the troubled hedge firm Three Arrows Capital would be immune from this. Customers who don’t want to use FTX may nonetheless file bankruptcy claims. Alameda...
FTX’s Sam Bankman-Fried Urges ‘Federal Oversight of Crypto’
Since the United States Securities and Exchange Commission (SEC) published a memo christening as many as nine different tokens listed on Coinbase Global Inc as securities, the entire industry has seen...
Voyager Digital Outrightly Reject FTX’s Buyout Offer Calling It A “Low-Ball Bid”
Troubled crypto lender Voyager Digital has outrightly rejected to a buyout offer from FTX and its subsidiary Alameda Research calling it a ‘low-ball bid’. Last Friday, FTX CEO Sam Bankman-Fried propos...
FTX’s SBF Seeks Federal Oversight On Crypto After Coinbase Incident
The U.S. Securities and Exchange Commission (SEC) has been a target of many crypto leaders and experts over its consideration of the nature of a “Token”. However, FTX Chief, Sam Bankman-Fried also exp...
FTX’s Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry
While FTX has extended millions of dollars to those companies, that hasn’t necessarily succeeded in bailing them out. BlockFi negotiated a deal where FTX could buy the company outright, and Voyager fi...
FTX’s Home Country Adopts Crypto To Solve GDP Woes
The Bahamas, homeland of Sam Bankman-Fried’s FTX crypto exchange, has turned its attention towards crypto to solve its GDP issues. Bahamas Prime Minister Philip Davis plans to recover damages due to c...
FTX’s Sam Bankman-Fried Eyes Bailing Out Jittered Crypto Miners After Inking BlockFi Deal
Sam Bankman-Fried, the CEO and founder of crypto exchange FTX, revealed that he was looking at the option of making acquisitions in the limping crypto mining sector, according to a Bloomberg report. ...
Canada-based Ledn Challenges FTX’s Bid of BlockFi Acquisition With Better Proposal
Troubled crypto lender BlockFi has reportedly received a new proposal for its acquisition, said three sources familiar with the matter. This time the proposal has come from BlockFi’s Canada-based comp...
Third-Tier Exchanges “Secretly Insolvent,” Says FTX’s Sam Bankman-Fried
Key Takeaways FTX CEO Sam Bankman-Fried has warned that some third-tier crypto exchanges are “secretly insolvent” and that more crypto firm failures could be on the horizon. Despite his fi...
FTX’s CEO Denies Rumors of Planning to Buy Robinhood
FTX is not planning to buy Robinhood. The CEO of crypto exchange, Sam Bankman-Fried, refuted rumors about any such deal. According to the latest report, SBF said he is excited about Robinhood’s busine...
After the halt, Robinhood shares jump 14% on FTX’s purchase rumor
A month after the CEO of FTX acknowledged owning a stake at Robinhood, rumors have immerged of FTX planning to purchase Robinhood. The rumors initially caused trading of Robinhood shares (NASDAQ: HOOD...
Tether co-founder: FTX’s bailout of crypto firms is for the ‘good’ of the industry
Reeve Collins, co-founder of Tether and current CEO of BlockV, an NFT-focused platform, says the problems affecting crypto companies today are the “inevitable missteps” that will eventually give way t...
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows
According to Yusko, the FTX credit line proposal had a catch for BlockFi’s existing shareholders: It gave FTX the option to buy BlockFi “at essentially zero price.” If FTX were to exercise said option...
FTX’s Harrison on crypto winter: ‘these things happen’
FTX US President Brett Harrison believes that crypto will recover from the current bear market, noting in an interview with CNBC’s ‘Squawk Box’ that events being witnessed are not isolated to the curr...
Goldman Sachs Plans To Integrate Its Derivatives Products Into FTX’s Crypto Derivatives Offerings
A leading investment bank in the U.S, Goldman Sachs is making efforts to on-board some of its derivatives products into the crypto derivatives offerings by FTX (U.S) Goldman Sachs held several discuss...
What’s next for FTX’s proposal for crypto derivatives trading in the US?
Despite pushback from some in traditional finance, FTX’s proposal is in the hands of the CFTC. That’s good news for the crypto exchange. Yesterday, the Commodity Futures Trading Commission hosted a r...
FTX’s Bankman-Fried Pitches CFTC on Directly Clearing Customers’ Crypto Swaps
During the discussion, the existing industry structure was defended as “quite adaptive” against volatile situations by Sean Downey, executive director for clearing, risk and capital policy at CME Grou...
FTX’s SBF Says He Could Donate $100M to $1B on 2024 US Presidential Campaign
The CEO of cryptocurrency derivatives exchange FTX, Sam Bankman-Fried, believes he would donate anywhere between $100 million and $1 billion during the 2024 United States presidential election campaig...
FTX’s Bankman-Fried donated $16 Million to super PACs in April, Bloomberg Says
Samuel Bankman-Fried, founder of crypto derivatives exchange FTX, gave $16 million to super PACs in April, making him one of the top donors to such outside political groups, according to the Federal ...
Sam Bankman-Fried Comments on Voyager Declining FTX’s Bailout Offer
FTX chief Sam Bankman-Fried has lashed out at the troubled crypto lender after its lawyers rejected the buyout offer. He said Voyager still has 75% of its assets and questioned why hasn’t the company ...