FTX debtors seeking SBF’s seized assets, customers file counterclaim

The aftermath of the FTX collapse continues to unfold, with a new legal battle emerging over millions of dollars in assets seized from Sam Bankman-Fried (SBF), the former CEO currently serving a 24-year prison sentence.

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FTX victims go after company’s assets from criminal forfeiture

Though Sam Bankman-Fried is currently serving a prison sentence, affected FTX customers and creditors are making claims on the firm’s assets, which are still worth millions.

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FTX Moves $59M in Diverse Crypto Assets

Solana (SOL), Ethereum (ETH), Chainlink (LINK), Polygon (MATIC), and other crypto assets have been transferred by FTX

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FTX Cold Wallets Move $19M in Solana, Ether to Crypto Exchanges

The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks.

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Crypto Exchange OKX Says It's Turning Over $157M in Frozen FTX and Alameda Assets

FTX bankruptcy lawyers say that $694 million in liquid assets have been identified before OKX’s announcement.

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Eversheds Sutherland Files for Property Rights Over FTX.com Customer Assets

Lawyers asked the court for an early stage summary judgment, to ring-fence FTX assets frozen in the accounts of non-U.S. customers.

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FTX leadership asks Bahamas assets to be stripped, more inside

FTX seeks to exclude the company's Bahamian unit from any claim over company assets, according to a legal filing. FTX DM was not crucial to the operations of the company but was established in The post FTX leadership asks Bahamas assets to be stripped, more inside appeared first on AMBCrypto.

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FTX has the green light to sell its other businesses including LedgerX

The judge in charge of overseeing the FTX bankruptcy proceedings has given FTX approval to sell some assets. The assets under consideration include LedgerX among other assets. The move will allow FTX to get money to repay its creditors.

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FTX allowed by bankruptcy judge to sell LedgerX, other assets

The FTX assets that will be sold include the derivatives platform LedgerX, the stock-clearing platform Embed and its regional arms, FTX Japan and FTX Europe.

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Bahamas regulator is temporarily holding $3.5B FTX assets

Bahamas Securities Commission said it is temporarily holding FTX assets worth $3. 5 billion with plans to distribute them to the bankrupt firm’s creditors and customers, according to a December 29 statement.

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Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator

The Securities Commission of The Bahamas said the continued hacking attempts on FTX prove it made the right call to “secure” FTX’s digital assets.

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This Firm Offers 8 To 12 Cents On A Dollar Of FTX User Deposit Claims

The FTX crisis has escalated into a legal battle between bankrupt crypto exchanges and firms whose assets are stuck on its platform. Before FTX froze assets withdrawal, many crypto firms couldn’t recover their funds from the exchange.

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Breaking: Bahamas securities regulator freezes FTX assets

The Bahamas Securities Commission said FTX's assets could not be moved without the approval of a Supreme Court-appointed liquidator.

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Bahamian Authorities Freeze FTX Assets

The Securities Commission of the Bahamas is taking action to freeze FTX’s assets. Regulators Step In Bahamanian regulators are taking swift action against FTX. TheNassau Guardianreported today that the Securities...

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Voyager hasn’t transferred any assets to FTX: UCC

Voyager’s Committee of Unsecured Creditors (UCC) has said that Voyager has yet to transfer any assets to FTX. The committee tweeted that the deal to have the bankrupt crypto lender sell its assets to Sam Bankman-Fried’s FTX has not been finalised.

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CoinShares’ $30.3 million assets stuck on FTX

Coinshares, in a recent statement today, revealed that it had lost $30.3 million to the FTX saga. The firm claimed to have held BTC and ETH with the firm but still affirmed it was financially stable.

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Justin Sun Only Promises to Save His Own Community From the FTX Fiasco

Tron CEO Justin Sun has promised to help FTX’s customers holding any of Tron’s five tokens to swap assets to external wallets. The post Justin Sun Only Promises to Save His Own Community From the FTX Fiasco appeared first on BeInCrypto.

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Bitcoin Eyes $18K Following Good US Inflation Report

The crypto market and Bitcoin trend over the past few days have been entirely unexpected. The market is feeling the heat from the bears as most of the crypto assets took to the south. Moreover, the FTX crisis has increasingly brought a different contagious negative performance in the space.

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Which Coins Will FTX And Alameda Dump Next? Red Flag for Solana (SOL)

Following the FTT token, Solana (SOL) in particular is currently suffering a massive price slump. As a report revealed last week, the SOL token is one of the major assets on FTX’s balance sheet.

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FTX: What Happened And Why?

As crypto’s 2nd largest exchange tetters on the edge, investigations reveal a now all too familiar story of disproportionate reliance on illiquid assets of questionable real-world value.

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FTX founder Sam Bankman-Fried removes ‘assets are fine’ flood from Twitter

Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”

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“FTX is fine, assets are fine” says SBF

Sam Bankman-Fried, the head of FTX, responded to Changpeng Zhao, the CEO of Binance, following the company’s announcement regarding the $2.1 billion sale of FTT. CZ vs. SBF According to Changpeng Zhao, the CEO, and co-founder of Binance, the company…

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First Mover Asia: FTX's Sam Bankman-Fried Talks Consumer Protection and Crypto Titans Clash

Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.

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First Mover Asia: SBF Talks Consumer Protection and Crypto Titans Clash

Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.

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Alameda CEO Justifies Company’s Financial Situation

According to a confidential document acquired, Alameda had $14. 6 billion in assets as of June 30. Most of it, however, comes from FTX, another Bankman-Fried company that created the FTT token.

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Alameda sells over $200M in stablecoins to exchanges; FTT token comprises majority of its $14B in assets

Arkham’s intelligence dashboard revealed that FTX’s sister company Alameda Research sold $284 million worth of stablecoins to crypto exchanges between October 31 and November 2, according to data analyzed by CryptoSlate.

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Court approves FTX’s $1.4 billion purchase of Voyager Digital’s assets

A US federal bankruptcy court has approved the planned sale of crypto lender Voyager Digital’s assets to FTX US. A restructuring update Voyager published on Friday noted that the bankruptcy judge in the Southern District of New York had approved FTX’s $1.

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Voyager [VGX]: Creditors oppose the immunity plan, details inside

Following the confirmation of FTX as the winner of the auction for the assets of bankrupt crypto brokerage Voyager Digital Ltd, its creditors have challenged the proposed plans to offer the company’The post Voyager [VGX]: Creditors oppose the immunity plan, details inside appeared first on AMBCrypto.

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Voyager Digital's Creditors Push Back Against Plans to Provide Execs With Legal Immunity

Bankrupt crypto lender Voyager’s plans to sell its assets to FTX US for $1.4 billion have so far gone relatively smoothly, but one major catch emerged on Wednesday – Voyager’s executives have included sweeping legal immunity for themselves in the proposed sale agreement.

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Will FTX Grab The Opportunity To Buy Celsius Assets As Final Bid Date Nears

Due to the long bearish reign, the crypto industry recorded several bankruptcy calamities in some crypto firms, Celsius happened to be one of the failing firms battling bankruptcy hearings. But it seems the Celsius Network would pack up for good this time.

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Justin Sun pulls an FTX and offers to buy ailing Credit Suisse’s assets

TRON-founder Justin Sun tweeted an offer to buy assets or shares in Credit Suisse to bring it into Web3. The post Justin Sun pulls an FTX and offers to buy ailing Credit Suisse’s assets appeared first on CryptoSlate.

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FTX will pay fair market value for Celsius, SBF says

FTX CEO Sam Bankman-Fried said his firm would pay a “fair market price” for Celsius’ assets if it gets involved in the bankrupt lender acquisition process in an October 2 tweet. The post FTX will pay fair market value for Celsius, SBF says appeared first on CryptoSlate.

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Sam Bankman-Fried sheds light on how FTX would approach a Celsius bid

The FTX founder said the company paid the “fair market price” for Voyager’s assets and would look to do the same in a deal for Celsius' assets.

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FTX To Pick Up Voyager Digital's Assets for $1.4 Billion

After a short auction process, failed crypto lender Voyager Digital says FTX US will acquire its cryptocurrency holdings and other assets for around $1.4 billion.

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FTX Bags Voyager Digital Assets After Highly Competitive Bidding Process

FTX has won the bid to absorb cash-beleaguered crypto lender Voyager Digital, beating crypto exchanges Binance and CrossTower. According to a Monday announcement, FTX won after placing a $1. 422 billion bid, with Voyager describing the sale as “the best alternative for Voyager stakeholders.

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FTX reportedly considers bailing out Celsius via asset bid

Acquiring the assets of Celsius would imply FTX’s intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion.

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FTX Wins Voyager Digital’s Asset Auction

Bankrupt crypto lender Voyager Digital announced today that FTX had won its assets at auction. FTX Wins Voyager Auction FTX has won Voyager Digital’s assets. According to an announcement, FTX’s...

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Voyager: As FTX.US acquires all assets, the future of VGX still remains a mystery 

The crypto brokerage and lender Voyager Digital faced severe tides since it filed for bankruptcy proceedings on 6 July 2022. Impacted by the collapse of Three Arrows Capital (3AC), Voyager Digital, inThe post Voyager: As FTX.

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FTX Wins Bid To Acquire Crypto Assets Of Bankrupt Voyager Digital

Voyager Digital had been one of the worst-hit crypto lenders of the lender crisis that rocked the market back in Q2 2022. After the lender filed for bankruptcy during the height of the crisis, there had been restructuring plans put in place.

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FTX wins bid to acquire bankrupt Voyager’s assets

Crypto exchange FTX US will acquire bankrupt crypto lender Voyager Digital LLC’s digital assets. The post FTX wins bid to acquire bankrupt Voyager’s assets appeared first on CryptoSlate.

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Embattled Crypto Broker Voyager To Sell Assets To Sam Bankman-Fried’s FTX For $1.4B

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FTX Set To Acquire Voyager’s Digital Assets After the Completion of Auction Process

Voyager Digital LLC recently announced an agreement with FTX exchange, one of the leading competing bidders since the beginning of the auction, which will see the latter take full ownership of Voyager’s digital assets after a successful auction process. The…

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FTX US wins bid to acquire Voyager Digital’s assets

FTX US’ successful bid for Voyager Digital’s is reported at $1.422 billion. Voyager says… The post FTX US wins bid to acquire Voyager Digital’s assets appeared first on CoinJournal.

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FTX Wins Bid to Buy Crypto Lender Voyager Digital's Assets Out of Bankruptcy

FTX US's bid is valued at approximately $1.422 billion, according to a Voyager press release late Monday Eastern time.

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FTX Will Acquire Bankrupt Voyager Digital Assets for $1.4 Billion

Crypto billionaire Sam Bankman-Fried’s FTX exchange has won the auction for the assets of bankrupt digital assets lender Voyager Digital. The post FTX Will Acquire Bankrupt Voyager Digital Assets for $1.4 Billion appeared first on BeInCrypto.

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FTX US wins auction for Voyager Digital’s assets

Voyager hints that its customers will eventually transition to the FTX platform after it finishes its Chapter 11 bankruptcy proceedings.

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FTX Wins Auction For Voyager Digital Assets, Valued Over $1B

Voyager Digital has officially completed it’s auction for acquisition, with powerhouse exchange FTX securing the winning bid, according to emerging reports (and confirmed via press release) in recent hours.

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FTX, Binance and CrossTower are competing to buy Voyager Digital assets — Source

FTX and Binance reportedly seek to transition existing Voyager customers to their platforms whereas CrossTower has proposed to keep the existing Voyager platform and app.

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Bankrupt lender Voyager gets top bids by these heavyweights

According to those with knowledge of the situation, FTX and Binance have offered the highest offers for the assets of defunct cryptocurrency lender Voyager Digital Ltd., VYGVQ -5.89%, but neither offeThe post Bankrupt lender Voyager gets top bids by these heavyweights appeared first on AMBCrypto.

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