Amid a bull run, mini or not, literally, anything can pump in the crypto market, even a token such as FTX’s FTT Token. After the tragic fall of the exchange, everything about the exchange crashed, inc...
Tag: FTXs
DOJ Objects to FTX’s Choice of Lawyers, Citing Conflict of Interest
“S&C’s disclosures as filed are wholly insufficient to evaluate whether S&C satisfies the Bankruptcy Code’s conflict-free and disinterestedness standards,” said Trustee Andrew Vara, a Departme...
Former BitMEX CEO Arthur Hayes Wants to Ask FTX’s SBF This Question
Alex Dovbnya Arthur Hayes, the former CEO of the controversial BitMEX exchange, has some questions he needs answered Former BitMEX CEO Arthur Hayes has taken to Twitter to express his thoughts on the ...
Hedge Fund Star Ackman Explains Why He Was Sympathetic to FTX’s SBF
Alex Dovbnya Ackman explained that people accused of crime deserve presumption of innocence until proven guilty Billionaire Bill Ackman has come forward to explain his sympathy toward Sam Bankman-Frie...
US trustee files objection to FTX’s choice of lawyers
A U.S. trustee has filed an objection to FTX hiring the New York law firm Sullivan and Cromwell. The filing by U.S. Trustee Andrew Vara, dated Jan. 13, claimed potential conflicts of interest due to ...
FTX’s $5 billion haul fails to boost price of bankruptcy claims, Xclaim says
When liquidators of collapsed crypto exchange FTX revealed they had located $5 billion in assets this week, one might assume that any bankruptcy claims would jump in price. They barely budged, ...
Once Reluctant, Scaramucci Alleges FTX’s Sam Bankman-Fried ‘Committed Fraud’
Crypto exchange FTX (FTT/USD) bought a 30% stake in SkyBridge Capital in September before the crypto company filed for bankruptcy in November. SkyBridge’s founder Anthony Scaramucci said the inv...
Bankruptcy Court Approves FTX’s Plan to Sell Ledger X
Judge John Dorsey has allowed the sale of four necessary units of failed crypto exchange FTX, as stated in a petition in the Delaware Bankruptcy Court. LedgerX, a derivatives trading platform, and Emb...
FTX’s Former CEO SBF Believes Firm Has the Best Recovery Scenario
Former CEO Sam Bankman-Fried tweeted that FTX has the best recovery scenario for customers. Bankman-Fried added that the firm was a few weeks away from getting there in November. FTX has reportedly re...
FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges – Market Updates Bitcoin News
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 202...
Sam Bankman-Fried, FTX’s Disgraced Founder, Has Been Arrested
Sam Bankman-Fried – the man behind now failed digital currency exchange FTX – has been arrested while stationed in the Bahamas and is being extradited to the United States, where he will face criminal...
FTX’s Next Hearing Scheduled in Delaware Bankruptcy Court
Sam Bankman-Fried confronts criminal accusations from the U.S. Department of Justice. Tom Brady’s New England Patriots and Coinbase are among the significant stockholders in FTX. The next FTX bankrupt...
FTX’s subsidiary auction gets 117 impressions
A recent bankruptcy court filing showed that FTX’s subsidiaries acquired 117 impressions in their selloff bid. Delayed auctions lead to a decline in the price A court filing has confirmed that fallen ...
A US Trustee Has Opposed FTX’s Asset Sales, Demands an Independent Investigation
According to Reuters, a US Trustee has opposed FTX’s proposed asset sales, per a court filing. The troubled cryptocurrency exchange FTX intended to market its LedgerX clearinghouse, futures contracts ...
U.S. trustee objects to FTX’s plans of selling strategic assets
A United States trustee filed a legal objection on Saturday to stop FTX’s plans to liquidate some of its installations and critical assets, including a clearing house LedgerX and its subsidiaries in J...
US trustee objects to FTX’s planned sale of LedgerX and other units: Reuters
A U.S. trustee filed an objection to FTX’s plan to sell the company’s LedgerX as well as FTX units in Europe and Japan. FTX filed for bankruptcy protection in November, amid mountin...
Customers interfered with FTX’s plan to sell subsidiaries
FTX’s clients have filed a limited objection to the organization’s liquidation procedures for the four subsidiaries. They seek the rights of customers to have up-to-date information regarding the proc...
FTX’s former top lawyer cooperated with the US in Sam Bankman-Fried case
Daniel Friedberg, the controversial lawyer who served as top compliance chief at now-defunct crypt exchange FTX, has reportedly cooperated with United States’ prosecutors investigating FTX collapse. F...
Bahamas Regulator Disputes FTX’s Claim About Value of Seized Cryptocurrencies – Regulation Bitcoin News
The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt crypto exchange was not $3.5 billion. The new FTX chief’s “continue...
US Department of Justice To Seize FTX’s $465 Million in Robinhood Shares
In a Delaware bankruptcy court proceeding, the US Justice Department declared that it had captured custodial rights of $450 million in Robinhood shares from FTX. Prosecutors publically stated in a pro...
Feds Move To Seize FTX’s Robinhood Shares As Sam Bankman-Fried Faces Fraud Charges
Topline Federal authorities have seized or are in the process of seizing more than $400 million worth of Robinhood Markets shares tied to bankrupt cryptocurrency firm FTX, a Justice Department prosecu...
DOJ will seize FTX’s disputed Robinhood shares
U.S. authorities will take control of Robinhood shares that are under dispute by FTX-related parties, according to various reports on Jan. 4. Those reports indicate that the U.S. Department of Justice...
Breaking: FTX’s Sam Bankman-Fried (SBF) pleads not guilty for all charges
Sam Bankman-Fried plead not guilty to all 8 criminal counts The trial hearing will begin towards the end of this year, in the month of October His appeal to conceal the identities of the co-signers of...
Bahamas regulator disputes FTX’s assertions on the value of seized assets
The Securities Commission of the Bahamas (SCB) rejected allegations made by FTX’s new CEO John J. Ray III over the digital assets held by the regulator. SCB claims the debtors of the insolvent crypto ...
Bahamas securities commission backfires at FTX’s management
The Bahamas regulators recently had a feud against the new FTX management team. SCB (The Securities Commission of The Bahamas) shared an official statement on January 2. According to the statement, t...
FTX’s International Customers Lawyer Up, Ask Judge to Rule That Customer Assets Aren’t Property of FTX Estate
“But when you dollarize – regardless of what digital asset it is, what form of asset it is – as of the petition date, that is essentially giving the debtors the power to liquidate whatever’s on the ex...
Did FTX’s Sam Bankman-Fried Just Violate House Arrest By Cashing Out $648,000 In ETH? ⋆ ZyCrypto
Advertisement     Recent reports by on-chain analyst, BowTiedIguana, now suggest that Sam Bankman Fried, the embattled FTX co-founder, may have pulled out 570ETH worth...
Sam Bankman-Fried met with Biden’s top advisors two months before FTX’s implosion
Former FTX CEO Sam Bankman-Fried met with senior White House officials on multiple occasions in 2022. Sources said politics was not discussed at the meeting and that conversations focused on the crypt...
SBF comments on FTX’s fate; Nexo faces criminal allegations
The biggest news in the cryptoverse for Jan. 12 saw former FTX CEO Sam Bankman-Fried comment on a possible FTX recovery and tell his side of the story. Elsewhere, Nexo has been accused of financial cr...