Tag: FTX
FTX Debtors File to Limit Reach of FTX Digital Markets Regulators
FTX lawyers ask the U.S. bankruptcy court in Delaware to deny FTX Digital Markets (DM) claims to the property of FTX Trading Limited.
They...
Crypto Influencers Hit by Another FTX Lawsuit
A new class-action lawsuit alleges crypto influencers, including Ben Armstrong, aka BitBoy, promoted FTX without disclosing compensation.
The lawsuit also alleges the defendants replaced...
Bitcoin Withdrawals Are Above Deposits Since FTX Crash
On-chain data shows that Bitcoin transactions going out of exchanges have been greater than the number of them going in since the FTX...
FTX Bankruptcy Lawyers Submit Multi-Million Dollar Bill for Work
Bankruptcy lawyers for the embattled crypto exchange FTX have submitted a hefty invoice for their work. Meanwhile, creditors are seeking their BTC back...
FTX Sues Grayscale for $250 Million for Preventing Redemptions
Bankrupt proprietary trading firm Alameda Research has sued Grayscale for reducing the value of FTX Debtors’ shares in its Bitcoin and Ethereum Trusts.
Alameda...
Former FTX Director Nishad Singh Pleads Guilty to Fraud Charges
FTX’s former engineering director Nishad Singh pleads guilty to fraud-related charges, becoming the latest of Sam Bankman-Fried’s lieutenants to turn themselves in.
Singh pleaded...
Bitcoin Correlation With The S&P 500 Falls To FTX Collapse Levels, But Why?
Bitcoin over the years has shown an increasingly strong positive correlation with the S&P 500 and other major US stock market indexes. When...
Brits Seek Help From Police in Retrieving £2M from FTX
A freedom of information request shows that UK investors approached British police to help retrieve £2m in lost FTX funds, But the FCA...
CoinShares’ Sees Income Drop by 97% in Fallout from FTX
CoinShares, Europe’s biggest digital asset trading and investment group, has blamed FTX for a collapse in its income.
The group published in fourth quarter...
FTX Japan Resumes Withdrawals as Assets Attract Interest
FTX Japan will resume withdrawals at 12 p.m. Japan Standard Time on Feb. 21, 2023, as the exchange courts bids for its assets...
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,...
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...
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...
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....
FTX Series B Investors in Hot Water Due to Class-Action Lawsuit
Trouble deepens for FTX Series B Investors and the former team of bankrupt lending protocol Celsius as they fight more legal battles.
The 2022...