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Signs of Bitcoin Bottom: “Everyone Who Could Go Bankrupt Has Gone Bankrupt”
BitMEX co-founder Arthur Hayes believes the crypto market downturn could be bottoming out, based on bankrupt firms’ Bitcoin holdings. The post Signs of Bitcoin Bottom: “Everyone Who Could Go Bankrupt Has Gone Bankrupt” appeared first on BeInCrypto. дальше »
2022-12-13 17:15 | |
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SBF pushes FTX restart idea by issuing FTT tokens to creditors
FTX former CEO Sam Bankman-Fried supports restarting the bankrupt exchange by issuing new FTT tokens to creditors and giving 100% profits to token holders. The post SBF pushes FTX restart idea by issuing FTT tokens to creditors appeared first on CryptoSlate. дальше »
2022-12-10 18:00 | |
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Celsius Bankruptcy Ruling May Give Hope to FTX Victims
A U.S. judge has determined that certain customers of bankrupt crypto lender Celsius Network are entitled to receive their deposits back. The post Celsius Bankruptcy Ruling May Give Hope to FTX Victims appeared first on BeInCrypto. дальше »
2022-12-9 16:30 | |
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Court gives Celsius new deadline on restructuring
Bankrupt crypto exchange Celcius sees a new deadline for submitting its restructuring plan. The court ordered the company to present it by February 15. On Monday, Celsius announced the new development in a Twitter thread. дальше »
2022-12-7 18:59 | |
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Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday. дальше »
2022-12-7 18:30 | |
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Bankrupt Crypto Lender Celsius Incurs Customer Wrath With Staff Bonuses
Celsius Network won court approval to distribute bonuses worth $2.8 million to its employees. What about users’ funds? The post Bankrupt Crypto Lender Celsius Incurs Customer Wrath With Staff Bonuses appeared first on BeInCrypto. дальше »
2022-12-6 18:00 | |
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Betting platform names candidates for next big crypto bankruptcy in 2023
As the financial year 2022 comes to a close, some big names in the crypto industry have involuntarily bowed out of the markets. Following FTX's unexpected fall, a betting site, Vegas Odds, has introduced betting options for the next cryptocurrency services provider to go bankrupt. дальше »
2022-12-7 17:32 | |
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Sam Bankman-Fried may not testify before US Congress on Dec. 13
FTX founder Sam Bankman-Fried may not testify before the United States House Committee on Financial Services on December 13 because he is still “learning and reviewing what happened” at the bankrupt exchange. дальше »
2022-12-5 17:47 | |
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Celsius Network finds some respite after Galaxy Digital acquires GK8
Galaxy Digital bought GK8 from bankrupt Celsuis Network Galaxy to expand its company in Tel Aviv after acquisition In a relief to Celsius creditors, New York-based crypto investment firm GalThe post Celsius Network finds some respite after Galaxy Digital acquires GK8 appeared first on AMBCrypto. дальше »
2022-12-3 13:30 | |
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Some hope for Three Arrows Capital investors, as liquidators recover this amount
Liquidators seize the largest amount from Three Arrows Capital yet Regulators accuse co-founders of being uncooperative Liquidators for the bankrupt cryptocurrency hedge fund Three ArrowThe post Some hope for Three Arrows Capital investors, as liquidators recover this amount appeared first on AMBCrypto. дальше »
2022-12-3 11:30 | |
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Alameda Research Shouldered FTX Loss of Up to $1B Following Client's Leveraged Trade in 2021: FT
Alameda Research bore the brunt of a $1 billion loss incurred by its sister firm FTX after a leveraged trade on the now bankrupt crypto exchange backfired early last year, the Financial Times reported Friday. дальше »
2022-12-3 18:42 | |
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SBF Debunking Tales: “Illiquidity Didn’t Cause the Crash” to ‘Dark’ Political Donations
Sam Bankman-Fried (SBF), the former founder of the bankrupt exchange FTX, shed light on different narratives in a phone interview. Talks about bankruptcy, the alleged “backdoor,” FTX User Funds on Alameda, an $8 billion hole The post SBF Debunking Tales: “Illiquidity Didn’t Cause the Crash” to ‘Dark’ Political Donations appeared first on BeInCrypto. дальше »
2022-11-30 21:59 | |
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LedgerX transferred $175 million to bankrupt FTX US
LedgerX formally withdrew the bid, deposited with the US Commodity Futures Trading Commission (CFTC), after FTX filed for bankruptcy on November 11. дальше »
2022-11-30 21:43 | |
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The latest on FTX, John Ray III, and his attempts to pacify the ongoing outrage
On 28 November, bankrupt cryptocurrency exchange FTX announced that it will "resume conventional" cash payments, salaries, and benefits to its remaining staff members worldwide. The announcement was mThe post The latest on FTX, John Ray III, and his attempts to pacify the ongoing outrage appeared first on AMBCrypto. дальше »
2022-11-29 21:00 | |
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BlockFi is bankrupt, where did it all go wrong?
BlockFi has become the latest firm to file for bankruptcy, citing “significant exposure” to FTX It has sued FTX to reclaim Robinhood shares which it alleges Bankman-Fried had pledged as collateral BlockFi bankruptcy was a longtime coming, with the firm rescued by a $400 million credit facility from FTX earlier this year Regulation simply must […] The post BlockFi is bankrupt, where did it all go wrong? appeared first on CoinJournal. дальше »
2022-11-29 18:24 | |
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Bahamas Attorney General reveals active civil and criminal investigations against FTX
Bahamian Attorney General Ryan Pinder released a statement earlier today to address the situation with bankrupt crypto exchange FTX, which was headquartered in the island nation. In his address, whThe post Bahamas Attorney General reveals active civil and criminal investigations against FTX appeared first on AMBCrypto. дальше »
2022-11-28 11:58 | |
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The Bahamas Securities Commission hits back at FTX for misrepresentations
The Securities Commission of the Bahamas (SCB) on Thursday hit back at the bankrupt FTX crypto exchange for misrepresenting its move to secure all the company’s assets from further malicious attacks. дальше »
2022-11-25 02:30 | |
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Binance CEO flags likely $1 billion fund for distressed digital assets
Binance CEO Changpeng Zhao said that the company is planning a $1 billion fund for possible purchases of distressed digital assets in the crypto sector. He also said the company would make a bid for the bankrupt crypto lender, Voyager… дальше »
2022-11-25 22:17 | |
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FTX to hire BitGo to safeguard its assets during bankruptcy
FTX’s bankruptcy proceedings continue, and the company has now asked a judge to allow it to hire BitGo to secure its assets. Bankrupt crypto exchange FTX has notified a federal judge that it wants to hire BitGo to safeguard the remainder of its digital assets as bankruptcy proceedings play out. дальше »
2022-11-24 14:50 | |
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This bankrupt mining company may get through the crypto winter thanks to...
Cryptocurrency mining firm Foundry is all set to acquire two turnkey cryptocurrency mining facilities with a total capacity of 17 MW. Foundry will acquire these from the bankrupt mining company ComputThe post This bankrupt mining company may get through the crypto winter thanks to... appeared first on AMBCrypto. дальше »
2022-11-23 11:30 | |
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FTX bought $121M properties in Bahamas within 2 years
Bankrupt crypto exchange FTX, alongside senior executives at the firm and parents of Sam Bankman-Fried, bought at least 19 properties worth $121 million in the Bahamas within the last two years, Reuters reported November 22. дальше »
2022-11-23 19:49 | |
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FTX ordered to indemnify and reimburse Bahamas for assets safekeeping
Bahamas Supreme Court on November 21 ordered bankrupt crypto exchange FTX to indemnify and reimburse the Securities Commission of Bahamas (SCB) for expenses it will incur while safekeeping its digital assets. дальше »
2022-11-23 16:10 | |
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Research: Genesis received over $1B worth of FTT from Alameda, FTX in last 3 months
An analysis of the Arkham Intelligence dashboard CryptoSlate Research shows that popular crypto lender Genesis received billions in FTT tokens from bankrupt crypto firms Alameda Research and FTX over the past year. дальше »
2022-11-22 22:48 | |
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Pension Giant Ontario Teachers to write Off All $95 Million Invested in the bankrupt Crypto Exchange FTX
The Ontario Teachers’ Pension Plan (OTTP), one of Canada’s largest pension funds, announced on Thursday plans to write off its entire $95 million investment in the bankrupt FTX cryptocurrency exchange. дальше »
2022-11-23 20:19 | |
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Singapore’s watchdog says Binance placed on Investor Alert List over FTX due to unlicensed activity
The Monetary Authority of Singapore (MAS) said it placed Binance on its Investor Alert List (IAL) and not the bankrupt FTX because the former is actively looking for users in the country, while the latter is not, according to a November 21 statement. дальше »
2022-11-22 16:20 | |
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FTX begins strategic review of all company assets
FTX has engaged US-based firm Perella Weinberg Partners LP as its lead investment bank to help with the sale or reorganisation of subsidiaries. FTX Trading is set to review all of the bankrupt cryptocurrency exchange’s assets around the globe, the team handling the collapsed company’s bankruptcy process said Saturday. дальше »
2022-11-21 00:24 | |
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Celsius interim report reveals custody program issues on reimbursement
A new report by the examiner of the bankrupt crypto lender, Celsius Network, details shortfalls in controls and operations at two of the company’s product offerings related to digital assets it held in custody for customers, raising issues of whether… дальше »
2022-11-21 00:04 | |
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FTX hacker converts ETH into BTC as they attempt to cash loot
FTX funds stolen from the bankrupt crypto exchange on 11 November have reportedly been moved, with the thief looking to convert the looted Ethereum (ETH) into Bitcoin (BTC) as part of their cash out strategy. дальше »
2022-11-22 22:47 | |
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FTX Launches Strategic Review of Assets as Hacker Dumps ETH
Bankrupt FTX has launched a strategic review of all its assets to see how they can be recovered for maximum value for its stakeholders' benefit. The post FTX Launches Strategic Review of Assets as Hacker Dumps ETH appeared first on BeInCrypto. дальше »
2022-11-20 17:01 | |
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FTX Founder Sam Bankman-Fried Reportedly Got $300M From the Exchange’s $420M 2021 Funding
FTX founder and former CEO Sam Bankman-Fried reportedly got $300 million out of the $420 million raised from a funding round for the bankrupt exchange in October 2021, Wall Street Journal reported on Nov. дальше »
2022-11-20 19:01 | |
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Crypto Biz: FTX fallout leaves blood in its wake
Businesses exposed to Sam Bankman-Fried’s bankrupt cryptocurrency exchange are beginning to topple.
дальше »2022-11-20 21:45 | |
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Is Binance CEO Changpeng Zhao To Blame For FTX Collapse?
In the space of one week, FTX had gone from being the second-largest crypto exchange by trading volume to being bankrupt. This swift move from being ‘okay’ to being in ‘hot water’ has shown just how uncertain things can be in the crypto market. дальше »
2022-11-19 20:00 | |
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Canada’s largest pension fund writes off $95M FTX investment
Canada’s largest pension fund Ontario Teachers said it would write off its $95 million in bankrupt crypto exchange FTX, according to a November 17 press statement. The post Canada’s largest pension fund writes off $95M FTX investment appeared first on CryptoSlate. дальше »
2022-11-19 19:33 | |
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FTX bankruptcy court filing reveals Alameda gave $1.6B in loans to SBF, others
A November 17 court filing from new FTX CEO officer John Ray III revealed that the former CEO of the bankrupt crypto exchange Sam Bankman-Fried got $1 billion in personal loans from Alameda Research. дальше »
2022-11-18 20:27 | |
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