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SOL Validators Raking in Unbelievable Subsidies from Alameda Research and Solana Foundation
A user on X, arixon. eth, alleges that over 90% of Solana validators are subsidized heavily by the Solana Foundation and Alameda Research, the defunct trading wing associated with the bankrupt cryptocurrency exchange FTX. дальше »
2023-10-5 07:00 | |
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Celsius Commits To Massive Crypto Repayment: $2 Billion To Creditors By 2023’s End
Celsius Network, a bankrupt digital asset lender, has revealed plans to begin repaying creditors using billions of dollars in crypto assets before the year’s end. The company presented a restructuring plan, outlined in a recent filing to a US bankruptcy court, which aims to generate funds for a new corporate spinoff known as “NewCo” and facilitate customer repayments. дальше »
2023-10-5 05:00 | |
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FTX Collapse: The Complete Guide To Keeping You Up-To-Date On The Sam Bankman-Fried Trial
The trial of the former CEO of the bankrupt exchange FTX Sam Bankman-Fried (SBF) is set to begin on October 3. This event could mark the beginning of the end for the disgraced founder as he faces up to 100 years of imprisonment. дальше »
2023-10-2 22:00 | |
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FTX auditor Prager Metis faces SEC legal action over violations
SEC takes legal action against Prager Metis, auditor of bankrupt crypto exchange FTX. Prager Metis is accused of breaching auditor independence rules by adding indemnification provisions. Lack of transparency and ethical concerns raise questions about auditing practices in the cryptocurrency industry. дальше »
2023-10-2 14:09 | |
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$300 Million in Ethereum (ETH) Has Been Transferred Out of Bankrupt FTX Wallet – Here’s What Traders Should Note
The public is continuing to watch the fallout from the recent FTX collapse with bated breath. According to on-chain analysis from Lookonchain [@lookonchain], an entity known as FTX Accounts Drainer has been actively transferring Ethereum funds out of FTX wallets. дальше »
2023-9-30 17:30 | |
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Gemini confirms it withdrew $282M from Genesis to boost liquidity reserves in 2022
Gemini has confirmed it withdrew $282 million of its Earn users funds from the bankrupt crypto lender Genesis in August last year into its liquidity reserve, according to a Sept. 28 statement. The exchange made this statement in response to a New York Post report alleging that the crypto platform’s co-founders, Tyler and Cameron Winklevoss, […] The post Gemini confirms it withdrew $282M from Genesis to boost liquidity reserves in 2022 appeared first on CryptoSlate. дальше »
2023-9-30 22:30 | |
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BREAKING: Three Arrows Capital co-founder Su Zhu arrested in Singapore
Su Zhu, the co-founder of collapsed crypto hedge fund Three Arrows Capital, has been arrested by Singapore police. Zhu allegedly tried to flee Singapore The news of Zhu’s arrest on Friday was shared by Teneo, the firm handling the liquidation of the bankrupt crypto company. дальше »
2023-9-30 18:45 | |
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Bankrupt Crypto Hedge Fund 3AC's Su Zhu Apprehended in Singapore, Liquidator Says
Co-founder of the Three Arrows Capital hedge fund was seized at Changi airport, Teneo said дальше »
2023-9-30 17:21 | |
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SEC objects to Coinbase’s proposed role in Celsius bankruptcy plan
The U. S. Securities and Exchange Commission (SEC) on Sept. 23 filed an objection to part of a reorganization plan advanced by bankrupt crypto firm Celsius. That filing indicates that Celsius aims to have the crypto exchange Coinbase act as a distribution agent and return funds to former users affected by its collapse. дальше »
2023-9-26 00:00 | |
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FTX Bankruptcy: Documents Show Coinbase Explored A Potential Acquisition
Recent documents have shown the San Francisco-based crypto exchange Coinbase had explored a potential acquisition of the European subsidiary of bankrupt crypto exchange FTX. Coinbase Shows Interest In Acquiring FTX Europe Reports from Fortune show that the crypto exchange Coinbase was interested in acquiring FTX Europe after its parent company FTX went bankrupt in November […] дальше »
2023-9-25 19:00 | |
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Coinbase looks to acquire FTX Europe despite bankruptcy baggage
Crypto exchange Coinbase reportedly showed interest in acquiring the European subsidiary of bankrupt FTX, Fortune reported on Sept. 22. Coinbase reportedly considered acquiring FTX Europe following its collapse last November and continued to explore this possibility even into this month. дальше »
2023-9-23 23:50 | |
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Bankrupt FTX Exchange Turns Its Attention To Employees, Here’s How Much It Wants
It’s been almost a year since the collapse of FTX, but the failed crypto exchange continues to be surrounded by drama. In a flurry of moves to claw back funds for investors, FTX lawyers are now going after employees of Salameda Ltd. дальше »
2023-9-22 16:00 | |
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FTX opens lawsuit against former employees of Hong Kong affiliate
Bankrupt crypto exchange FTX has opened a lawsuit against former employees of its Hong Kong affiliate company, Salameda, to recover $157.3 million. дальше »
2023-9-22 12:42 | |
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FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million
The bankrupt crypto exchange has sued former employees of Salameda, a Hong Kong-incorporated affiliate, to recover about $157.3 million. дальше »
2023-9-22 11:00 | |
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Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M
Bitcoin miner Core Scientific (CORZQ) has agreed to exchange $23.1 million in cash and $53.9 million in common stock for 27,000 Bitmain S19J XP 151 TH bitcoin mining servers, according to a press release. дальше »
2023-9-22 10:42 | |
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FTX Sues Sam Bankman Fried’s Parents To Recover Millions In ‘Misappropriated’ Funds
Bankrupt crypto exchange FTX has lodged legal action against founder and former CEO Sam Bankman-Fried's parents, Joseph Bankman and Barbara Fried, alleging that they misappropriated millions of dollars of customer funds through their involvement in the exchange’s business. дальше »
2023-9-20 00:35 | |
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SBF’s parents accused of masterminding parts of FTX deception, appropriating over $30M
The bankrupt cryptocurrency exchange FTX is suing the parents of founder Sam Bankman-Fried for allegedly manipulating their relationships to divert millions of dollars out of the company improperly. дальше »
2023-9-19 09:55 | |
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BlockFi vs. Celsius Network: Reviewing Two Bankrupt Crypto Interest Accounts
BlockFi vs. Celsius Network was a popular head-to-head comparison between cryptocurrency interest accounts. From 2018 to 2021, both providers were largely considered the blue chips of cryptocurrency interest accounts. дальше »
2023-9-29 17:30 | |
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FTX resumes claims process after addressing cyber breach
FTX confirmed that the breach affected none of its systems. The exchange launched the customer claims portal on 11 July, but it inexplicably went offline within an hour Bankrupt cryptocurrenThe post FTX resumes claims process after addressing cyber breach appeared first on AMBCrypto. дальше »
2023-9-18 14:00 | |
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BREAKING: Ex Celsius Executive Pleads Guilty To Criminal Charges
The case against bankrupt crypto lender Celsius took a new turn as one of its former executives came forward. According to a report from Reuters, Roni Cohen-Pavon, ex-Chief Revenue Officer (CRO) at the company, pleaded guilty to criminal charges. дальше »
2023-9-14 18:21 | |
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Singapore bans founders of bankrupt crypto hedge fund 3AC for 9 years
The crypto hedge fund went bankrupt in June 2022 in the wake of the Terra collapse. In February 2023, the 3AC founders defiantly launched a new crypto platform. Singapore has banned the founThe post Singapore bans founders of bankrupt crypto hedge fund 3AC for 9 years appeared first on AMBCrypto. дальше »
2023-9-14 12:30 | |
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FTX Crypto Purge: Court Gives Green Light To $3.4 Billion Liquidation Blitz
In a significant development for the cryptocurrency market, the bankrupt exchange FTX has received court approval to liquidate its crypto assets worth over $3. 4 billion. The decision, delivered by Judge John Dorsey, overruled objections and permitted FTX to proceed with selling, staking, and hedging its holdings. дальше »
2023-9-14 06:30 | |
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Judge Allows Bankrupt FTX to Sell Its Crypto Holdings, Including BTC and SOL
Crypto exchange FTX can sell and invest its crypto holdings to pay back creditors, a judge in the U.S. Bankruptcy Court for the District of Delaware ruled Wednesday. дальше »
2023-9-14 20:41 | |
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Huobi Takes a Bold Marketing Gamble by Rebranding to HTX
Crypto exchange Huobi has faced criticism after rebranding to HTX, a name similar to the bankrupt FTX exchange. The rebranding is part of Huobi's 10th-anniversary celebrations. The post Huobi Takes a Bold Marketing Gamble by Rebranding to HTX appeared first on BeInCrypto. дальше »
2023-9-13 19:30 | |
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Bankrupt FTX reveals $100M weekly crypto liquidation plan in court filing
FTX submitted a revised order to the bankruptcy court early on Sept. 13 outlining proposed guidelines for selling and transferring its substantial digital asset holdings as part of its ongoing Chapter 11 proceedings. дальше »
2023-9-13 10:39 | |
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FTX Tweaks Crypto Sale Proposal to Placate U.S. Government
The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned дальше »
2023-9-13 09:29 | |
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Alex Mashinsky seeks to drop FTC’s complaint entirely
Celsius Network CEO has asked the court to dismiss the complaints by the US Federal Trade Commission (FTC) against him, claiming that he did not violate any law. Co-founder and former CEO of bankrupt crypto lending platform Celsius Network Alex… дальше »
2023-9-12 15:48 | |
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FTX Unveils $3.4B Crypto Holdings: $1.16B Solana, $560M Bitcoin – Is Trouble On The Horizon?
In a recent Monday court filing, it was disclosed that the estate of bankrupt crypto exchange FTX has amassed approximately $7 billion in assets (3. 4B in crypto), including $1. 16 billion worth of Solana (SOL) tokens and $560 million in Bitcoin (BTC). дальше »
2023-9-12 00:00 | |
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FTX liquidations: DOGE, TRX and MATIC face “highest sell pressure”
Today’s major talking point across the crypto market is the potential impact of an FTX firesale involving multiple coins and tokens. Traders positioning themselves for this scenario – expected this week if liquidators at the bankrupt crypto exchange get court’s approval – have already contributed to significant declines for the likes of Solana, XRP and […] The post FTX liquidations: DOGE, TRX and MATIC face “highest sell pressure” appeared first on Invezz. дальше »
2023-9-11 21:20 | |
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New Celsius 2.0 company board proposal released, led by former Algorand CEO
Bankrupt crypto lender Celsius has proposed the appointment of Algorand’s blockchain former chief executive officer Steven Kokinos as the CEO of the new company that will take over its operations, according to court filings. дальше »
2023-9-11 16:52 | |
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FTX sues LayerZero Labs to recover $21m
FTX management has sued protocol developers LayerZero Labs to cancel trades of former executives of the bankrupt firm. The lawsuit is filed against the deal of the former head of Alameda Research, Caroline Ellison, with LayerZero Labs on Nov. 7,… дальше »
2023-9-11 11:34 | |
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Solana price down amid fears of FTX dumping
The price of Solana (SOL) dropped more than 6% today amid worries that the token and other crypto assets linked to Solana may soon be liquidated by bankrupt cryptocurrency exchange FTX. The defunct FTX owns a total of $1. дальше »
2023-9-11 11:15 | |
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Celsius files adversary complaint against EquitiesFirst
The bankrupt crypto lender Celsius filed an adversary complaint against EquitiesFirst Holdings on Sept. 6. EquitiesFirst Holdings is an Indianapolis-based private lending company that owed Celsius nearly $439 million worth of cash and bitcoin (BTC). дальше »
2023-9-7 17:28 | |
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FTX reorganizing on-chain assets by bridging tokens, consolidating holdings
Bankrupt crypto exchange FTX revealed in a tweet on Sept. 6 that it is in the process of moving its cryptocurrency holdings. The company said that it is moving bridged tokens on multiple networks to their native blockchains. дальше »
2023-9-7 01:50 | |
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Alex Mashinksy’s assets were frozen by court order in August
A federal court in New York issued a Post-Indictment Restraining Order against Alexander Mashinsky, former CEO of the bankrupt cryptocurrency lender Celsius Network, on August 16, 2023, freezing his assets and prohibiting any transactions. дальше »
2023-9-6 19:10 | |
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FTX Litigation Spills Over Into Antigua as Creditors Raise Concerns
SBF is accused in Antigua of obstructing the liquidation process of his bankrupt holding company, Emergent Fidelity Technologies (EFT). The post FTX Litigation Spills Over Into Antigua as Creditors Raise Concerns appeared first on BeInCrypto. дальше »
2023-9-5 19:45 | |
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Solana Co-Founder Pushes For SOL Token Redistribution From FTX To Bankrupt Exchange’s Users
Solana co-creator Anatoly Yakovenko, in an aggressive move that could potentially reshape the fate of the embattled cryptocurrency exchange FTX and bolster the Solana network, has called for the redistribution of SOL tokens currently held in FTX’s reserves to the exchange’s former customers. дальше »
2023-9-4 13:00 | |
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