2023-5-4 02:39 |
The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model. origin »
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Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday.
2023-5-4 00:48 | |
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Consultancy firms and lawyers handling FTX’s bankruptcy have charged the failed exchange over $145 million for their five-month services, according to court filings. The companies involved in FTX’s bankruptcy case include law firms Sullivan & Cromwell, Landis Rath & Cobb, and Quinn Emanuel Urquhart & Sullivan.
2023-5-2 14:30 | |
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Bankrupt crypto exchange FTX said it postponed the potential sale process of its Japanese subsidiary to explore its reopening. The bankrupt firm’s management noted that while many investors had signified interest in acquiring FTX Japan, it halted the sales plan to maximize its value to continue operating efficiently and profitably.
2023-4-27 18:39 | |
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Bankrupt crypto exchange FTX now has control of several blue-chip non-fungible tokens (NFTs), including Bored Ape, Azuki, Otherdeed, and Mutant Ape. Coinbase director Conor Grogan tweeted this on April 26, noting that Bored Apes NFTs and several others belonging to the bankrupt firm were transferred to its multi-signature wallet.
2023-4-27 15:30 | |
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Bankrupt crypto exchange FTX has inked a purchase agreement deal with an affiliate of Miami International Holdings to sell digital currency futures and options exchange and clearinghouse LedgerX for $50 million.
2023-4-26 16:26 | |
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Coinspeaker Bankrupt Crypto Firm FTX Finally Agrees to Sell Its Derivatives Platform LedgerX for $50M FTX got the nod earlier this year to sell some of its business units. Bankrupt Crypto Firm FTX Finally Agrees to Sell Its Derivatives Platform LedgerX for $50M
2023-4-26 15:42 | |
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LedgerX could be sold to M7 holdings after approval from the bankruptcy court The hearing on the sale will be held in the first week of May 2023 FTX, the infamous bankrupt crypto exchange, aThe post FTX debtors announce LedgerX sale agreement appeared first on AMBCrypto.
2023-4-26 23:15 | |
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Anthony Scaramucci thinks the prospects of restarting the bankrupt FTX crypto exchange are highly unlikely. The post Scaramucci Skeptical About FTX Restart: ‘I Don’t See How It’s Possible’ appeared first on BeInCrypto.
2023-4-24 16:00 | |
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Tribe Capital is offering a $250 million package to reboot the bankrupt FTX crypto exchange, leading to the FTX token (FTT) rising by 20%. The post FTX Token (FTT) Jumps 20% As Tribe Capital Offers $250M to Reboot Exchange appeared first on BeInCrypto.
2023-4-19 08:29 | |
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The venture capital company is reportedly considering spearheading a fundraising campaign to raise $250 million to revive FTX.
2023-4-19 23:37 | |
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Venture firm Tribe Capital is reportedly contemplating a significant capital injection to help resurrect FTX, the bankrupt crypto exchange.
2023-4-19 22:17 | |
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Bankrupt crypto exchange FTX has recovered $7. 3 billion in cash and liquid crypto assets. FTX has gained from the recent spike in cryptocurrency prices, the firm's bankruptcy counsel told the cThe post FTX recovers $7.
2023-4-13 17:30 | |
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FTX Token (FTT) is currently one of the top gainers in the crypto market in the last day as the coin rose over 100%. This sudden growth was triggered by an announcement that said the bankrupt FTX exchange could possibly reopen for business soon.
2023-4-13 14:05 | |
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The infamous bankrupt crypto exchange - FTX - has recovered assets worth $7.3 billion, according to a report by Reuters. The updated number showed an addition of over $800 million in liquid assets to The post FTT skyrockets by over 60% as relaunching plan discussed in latest hearing appeared first on AMBCrypto.
2023-4-12 22:30 | |
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Bankrupt crypto exchange FTX would explore the sale of its European business. In an April 12 press statement, the bankrupt firm said the holding business for its European business, FTX Europe AG, filed a petition for a Swiss moratorium granted by a Swiss court.
2023-4-12 16:39 | |
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FTX, the bankrupt cryptocurrency exchange, allegedly stored the private keys to its cryptocurrency wallets on Amazon Web Services (AWS). The information was revealed in the first interim report of the current CEO, John J.
2023-4-10 13:45 | |
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FTX EU, a subsidiary of the bankrupt crypto exchange FTX, has launched a new website that allows customers to withdraw their fiat balances from the platform.
2023-3-31 13:12 | |
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Crypto exchange OKX said it would return $157 million in frozen assets from the bankrupt crypto firms FTX and Alameda Research. The post OKX eyes Australia expansion as it returns bankrupt FTX’s $157M appeared first on CryptoSlate.
2023-3-30 10:50 | |
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A Delaware bankruptcy judge approved the sale of the bankrupt company’s assets to Abu Dhabi’s investment arm.
2023-3-30 10:41 | |
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A Delaware bankruptcy judge approved the sale of the bankrupt company’s assets to Abu Dhabi’s investment arm.
2023-3-29 10:41 | |
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People familiar with the matter have revealed that some of the executives at the bankrupt crypto lender Genesis Global Capital have received discounts on FTX’s native token, FTT, and serum (SRM), which was also launched with the help of the…
2023-3-28 13:01 | |
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BlockFi filed for bankruptcy in the wake of FTX's collapse.
2023-3-25 20:39 | |
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The banks that collapsed recently faced diverse challenges that affected their operations. For instance, Silvergate faced multiple regulatory actions due to its dealings with the bankrupt FTX exchange, its founder Sam Bankman-Fried and its sister company Alameda Research.
2023-3-20 15:20 | |
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Market Review: In 2022, BTC dropped by 64. 21%, ETH by 67. 4%, and BNB by 51. 84%. Undoubtedly, it was a bear market. Some exchanges and grayscale funds suffered significant losses, and even the FTX exchange went bankrupt.
2023-3-17 13:40 | |
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The bankrupt crypto exchange wants to offer supplements up to 94% of salary to avoid sought-after coders quitting.
2023-3-10 12:59 | |
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The bankrupt trading firm is seeking injunctive relief to allow FTX debtors to realize what it claims is more than $250 million in asset value.
2023-3-7 22:37 | |
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Binance CEO Changpeng “CZ” Zhao described Forbes’ article comparing his exchange and bankrupt FTX as “another FUD” and “baseless. ” In a February 27 report, Forbes wrote that Binance moved $1.
2023-2-28 11:42 | |
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CoinShares said it had GBP 26 million of its assets on FTX at the time the now bankrupt cryptocurrency exchange halted withdrawals.
2023-2-22 15:31 | |
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Voyager creditors have subpoenaed former FTX CEO Sam Bankman-Fried (SBF) and other top executives of the bankrupt crypto exchange. The post Voyager Creditors Subpoena SBF and Other FTX Executives appeared first on BeInCrypto.
2023-2-20 17:18 | |
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FTX Users' Debt (FUD) token has seen a drop in its trading volume after the bankrupt exchange said it was not associated with the token. The post FUD Trading Volume Tanks as FTX Distances Itself From Token appeared first on BeInCrypto.
2023-2-19 14:00 | |
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Nishad Singh, the bankrupt exchange’s former director of engineering, went to a proffer session with prosecutors last month and is reportedly nearing a plea deal.
2023-2-18 00:40 | |
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Bankrupt crypto exchange FTX has warned its creditors against patronizing unauthorized debt tokens, including the Justin Sun-backed FTX User Debt Token (FUD). The post FTX warns against Justin Sun-backed FUD tokens appeared first on CryptoSlate.
2023-2-18 20:22 | |
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The trouble deepens for FTX Series B Investors and the former team of bankrupt lending protocol Celsius as they fight more legal battles. The post Knives out for Celsius and FTX as Separate Actions Accuse Firms of Hyping Projects appeared first on BeInCrypto.
2023-2-16 16:00 | |
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As FTX seeks clawbacks on political donations, Digital Currency Group and its bankrupt subsidiary, Genesis, have reached a restructuring agreement.
2023-2-11 23:30 | |
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FTX lawyers Sullivan & Cromwell (S&C) charged the bankrupt exchange $7. 5 million for its work between November 12 till November 30, 2022, according to a February 7 court filing. The post FTX lawyers S&C file $7.
2023-2-8 17:50 | |
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Voyager Digital has subpoenaed several executives from FTX and Alameda, including Sam Bankman-Fried and Caroline Ellison. The bankrupt crypto lender's lawyers have requested documents related tThe post Voyager Digital subpoenas SBF and others from FTX and Alameda appeared first on AMBCrypto.
2023-2-8 17:00 | |
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Alameda Research filed for Chapter 11 bankruptcy in November. The defunct Sam Bankman-Fried’s crypto trading house filed for bankruptcy alongside FTX and other affiliated firms. Wallets linked to the firm have suddenly resurrected and transferred millions of FTT tokens.
2023-2-9 16:46 | |
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According to a news release on Feb. 5, 2023, the new management of the bankrupt FTX crypto exchange sent 'confidential letters' to political figures and PACs.
2023-2-6 18:14 | |
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The bankrupt crypto exchange FTX is demanding the return of funds from politicians and members of the U.S. Congress. FTX members had donated more than $84 million to political candidates and orThe post FTX threatens legal action against political recipients of donations appeared first on AMBCrypto.
2023-2-6 15:00 | |
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Sam Bankman-Fried and his companies showered D.C. with up to $93 million in political donations. Now, the bankrupt FTX wants its money back.
2023-2-6 21:22 | |
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Bad actors are attracted to the blockchain space due to its anonymous nature; these individuals seek to scam and steal funds from investors. This time, a group of fraudsters targets the already embattled investors of the bankrupt crypto exchange FTX.
2023-2-4 01:00 | |
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Silvergate's share price in after-hours trading plummets as DoJ investigation report surfaces The enforcement agency is probing the bank's ties with the bankrupt crypto exchange Silvergate CThe post Silvergate's ties with FTX draws the attention of DoJ appeared first on AMBCrypto.
2023-2-3 01:40 | |
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The figure is around 19% higher than the $1.2 billion reported in November when FTX filed for bankruptcy.
2023-2-2 12:06 | |
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The figure is around 19% higher than the $1.2 billion reported in November when FTX filed for bankruptcy.
2023-2-1 12:06 | |
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It’s no secret that crypto markets have struggled to weather the storm of 2022, with FTX, the latest big-name crypto company to go bankrupt, and the broader global economic conditions contributing to the current bear market conditions.
2023-2-1 19:00 | |
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Defunct crypto trading firm Alameda Research – one arm of FTX founder Sam Bankman-Fried's former empire – wants to regain around $446 million transferred to bankrupt lender Voyager Digital prior to Alameda's own bankruptcy filing, a new lawsuit says.
2023-1-31 02:41 | |
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The U.S. estate of the bankrupt crypto exchange doesn’t reckon the Turkish authorities are going to cooperate, after their seized local assets in November
2023-1-30 14:21 | |
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Lawyers for the bankrupt crypto exchange's founder said there was no evidence for restricting access to crypto held by FTX as part of bail conditions in a fraud trial.
2023-1-29 13:28 | |
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The investment firm’s crypto bets included now bankrupt FTX, which owned a 30% SkyBridge stake
2023-1-28 18:51 | |
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Celsius Network, the bankrupt cryptocurrency lender, has received court approval for its restructuring plan as it works to emerge from bankruptcy. The plan, which allows Celsius to restructure its debts and continue operating, received a United States bankruptcy judge’s permission to commence creditor votes.
When Celsius launched back in 2017, many saw the company as one that had the potential to disrupt the industry with its crypto lending platform. Six years on, Celsius’ chapter in the crypto world seems to be ending, as recent developments will suggest.
BlockFi plans to enable crypto withdrawals this summer, following a court order permitting the move. The company has been working to reflect balances and transactions on the user interface, and has asked customers to set up external wallets to receive their funds.
Bankrupt crypto lender BlockFi has decided to liquidate its crypto lending platform stating that selling will not generate enough value for its creditors. The firm, which owes its top 50 creditors more than $1.
Explore the surging growth of derivatives at U. S. banks in our latest Alpha article, which have skyrocketed by 2,098% from 1992 to 2022, reaching a staggering value of $192. 874 trillion. This analysis sheds light on the recent regional banking collapse and the potential consequences of major banks being propped up by trillions in derivatives.
Celsius paused withdrawals last June, citing extreme market conditions.