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Terraform Labs refutes SEC’s allegations of running an ‘opaque slush fund’
Do Kwon’s Terraform Labs, the company responsible for the collapsed Terra cryptocurrency project, is currently entangled in a legal dispute with the U.S. Securities and Exchange Commission (SEC) regarding accusations of a $166 million “slush fund,” as its bankruptcy proceedings… дальше »
2024-3-5 12:39 | |
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Serenity Shield token collapses by 95% after $5.6m breach
The native token of the Serenity Shield project (SERSH) collapsed by 95% after the MetaMask wallet breach. On Feb. 27, the Serenity Shield team confirmed that 6.9 million SERSH tokens worth $5.6 million (at the time of the incident) were… дальше »
2024-2-29 12:39 | |
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Venture capital firm denies leading $4M raise for Su Zhu’s OX.FUN
On February 23, new gamified perps exchange OX. FUN announced it had secured a $4 million financing round. OX. FUN is reportedly a new crypto venture of Su Zhu, the co-founder of collapsed hedge fund Three Arrows Capital (3AC). дальше »
2024-2-25 21:02 | |
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FTX receives go-ahead to sell its stake in AI startup Anthropic
Collapsed crypto exchange FTX has been cleared to sell its stake in Anthropic which has more than doubled in value since the exchange’s investment. United States federal bankruptcy judge John Dorsey approved FTX’s motion to sell its shares in artificial… дальше »
2024-2-24 11:54 | |
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Collapsed Real Estate-Backed Stablecoin Charts Path to Recovery
Tangible is looking to move past its failed stablecoin after learning the liquidity lesson the hard way. дальше »
2024-2-22 19:53 | |
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Sam Bankman-Fried insider claims image of former FTX founder in jail is legit
Famed crypto YouTuber and SBF insider Tiffany Fong goes on record saying the infamous image of the famed ex-FTX CEO circulating on the internet is legit. Independent crypto reporter Tiffany Fong shared a photo of the founder of the collapsed… дальше »
2024-2-21 15:38 | |
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Mt. Gox trustee confirms creditors’ addresses for BTC and BCH repayments
Mt. Gox creditors are reportedly receiving emails from the collapsed crypto exchange to confirm their accounts for repayments. According to emails shared by users of social platforms such as Reddit, creditors can receive payments in Bitcoin (BTC) or Bitcoin Cash (BCH). дальше »
2024-1-24 19:46 | |
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Why are cryptos like Bitcoin, Ethereum and XRP crashing?
Bitcoin collapsed to $42,500, triggering a widespread market crash. The 1-hour volume increased while many long positions were wiped out. The enthusiasm about a Bitcoin [BTC] bull run in 202The post Why are cryptos like Bitcoin, Ethereum and XRP crashing? appeared first on AMBCrypto. дальше »
2024-1-3 16:35 | |
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Bittrex Global to wind down operations after the collapse of its US arm
Bittrex US collapsed earlier following regulatory action by the SEC. The Ripple verdict hasn't slowed down the SEC as it continues to go after exchanges. The crypto exchange Bittrex GlobalThe post Bittrex Global to wind down operations after the collapse of its US arm appeared first on AMBCrypto. дальше »
2023-11-21 11:30 | |
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Will LUNC Ever Reclaim Its ATH? Machine Learning Algorithm Gives 7-Year Prediction
The LUNA Classic (LUNC) crashed over 99% from its all-time high price back in 2022 when the Terra network collapsed. Since then, the coin has kind of made its way into a place where most consider it as high risk and similar to a meme coin. дальше »
2023-11-16 17:00 | |
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FTX token rises sharply on hopes of exchange’s rebirth
FTX Token has mysteriously pumped 176% this week as speculation swirls that the collapsed crypto exchange could relaunch under new owners. дальше »
2023-11-14 14:49 | |
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FTX lawsuit alleges Bybit used “VIP” privileges to withdraw $953M before collapse
FTX and Alameda bankruptcy advisers made allegations of fraud against crypto exchange Bybit, its two corporate affiliates, and four senior executives, in a lawsuit filed on Nov. 10. The lawsuit alleged that the defendants used a “fraudulent scheme” to withdraw cash and assets from the FTX platform, right before it collapsed. дальше »
2023-11-12 01:17 | |
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Genesis seeks court approval to slash 3AC claim from $1B to $33M
Bankrupt crypto lender Genesis has sought court approval for its proposed settlement agreement with collapsed crypto hedge fund Three Arrows Capital (3AC), according to a Nov. 9 court filing. Under the agreement, 3AC will have an allowed general unsecured claim of $33 million against the bankrupt lender instead of the previous over $1 billion claim […] The post Genesis seeks court approval to slash 3AC claim from $1B to $33M appeared first on CryptoSlate. дальше »
2023-11-10 15:10 | |
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SEC chair hints at FTX comeback, while Memeinator presales enter stage 6
SEC has suggested FTX revival if it follows the rules. Memeinator has caught the attention of investors with its meme promise. Memeinator will deliver a 132% ROI in its presale. The controversial FTX exchange, which collapsed in late 2022, could be on its way to resurgence. дальше »
2023-11-9 18:23 | |
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FTX's FTT Token Jumps 90% on Gensler Comments
FTT, the native token of defunct cryptocurrency exchange FTX, has surged by 90% following comments from SEC chairman Gary Gensler in relation to a potential reboot of the exchange that collapsed one year ago. дальше »
2023-11-10 16:19 | |
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Terraform Labs, Do Kwon file motion to dismiss SEC lawsuit
Terraform Labs and its co-founder Do Kwon filed a motion for summary judgment with a federal court, asking the judge to dismiss the SEC’s securities fraud lawsuit against it. Terraform Labs collapsed in May 2022 after its native token LUNA lost 99% of its value when the linked algorithmic stablecoin UST lost its peg to […] The post Terraform Labs, Do Kwon file motion to dismiss SEC lawsuit appeared first on CryptoSlate. дальше »
2023-10-31 23:40 | |
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Sam Bankman-Fried takes the stand with jury present in second day of testimony
Sam Bankman-Fried, the co-founder and former CEO of FTX, continued to provide testimony in his criminal case on Oct. 27, in which he described how FTX and its sister firm, Alameda Research, began as small but ambitious operations that eventually collapsed. дальше »
2023-10-28 00:25 | |
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FTX Cold Storage Transfers $15,200,000 in SOL to Exchanges: Possible Sell-Off?
Wallets associated with the collapsed FTX crypto exchange have transferred over $15 million worth of Solana (SOL) tokens, with a large portion sent to trading platforms Binance and Coinbase, according to on-chain data tracked by Lookonchain. дальше »
2023-10-26 11:00 | |
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FTX Customers May See 90% Of Their Funds Returned By Next June Thanks To An Amended Proposal
Collapsed crypto exchange FTX has floated a revised proposal that could see more than 90% of creditor holdings that were held at the exchange prior to its November 2022 implosion returned to them by the end of the second quarter of 2024. дальше »
2023-10-18 22:16 | |
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Axie Infinity (AXS) sits and waits for a major token event
Axie Infinity (AXS) and Smooth Love Potion (SLP) have become fallen angels as their prices have collapsed recently. SLP, the thinly traded token, was trading at $0. 0014 on Tuesday, over 90% below its all-time high. дальше »
2023-10-17 09:52 | |
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USDR collapse: A result of DAI’s retreat or a pre-planned rugpull?
USDR and Tangible's native token TNGBL collapsed in a move similar to the 2022 LUNA crash. The team told users that it was working on recovery but holders have been swapping their coins. In The post USDR collapse: A result of DAI’s retreat or a pre-planned rugpull? appeared first on AMBCrypto. дальше »
2023-10-12 13:30 | |
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FTX to receive $175M withdrawing up to $1B in other claims against Genesis
The bankruptcy estate of crypto lending firm Genesis Global Capital has submitted a proposed order to implement the company’s settlement agreement with collapsed crypto exchange FTX. The proposed order was filed Thursday in the U. дальше »
2023-10-12 10:30 | |
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FTX to receive $175M and withdraw up to $1B in other claims against Genesis
The bankruptcy estate of crypto lending firm Genesis Global Capital has submitted a proposed order to implement the company’s settlement agreement with collapsed crypto exchange FTX. The proposed order was filed Thursday in the U. дальше »
2023-10-12 10:30 | |
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Bankman-Fried trial could end with “new rulebook’ for crypto: Expert
The trial of Sam Bankman-Fried, the founder and former CEO of collapsed cryptocurrency exchange FTX, kicked off on Tuesday in the US. It’s the biggest and highest-profile crypto case, with prosecution coming nearly a year since the FTX implosion that sent shockwaves across crypto and the broader financial markets space. дальше »
2023-10-5 11:56 | |
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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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Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report
It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved.
дальше »2023-9-22 12:31 | |
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Hodlnaut Refuses OPNX’s $30 Million Offer After FLEX Token Declines By 90%
According to the latest report, the interim judicial managers of beleaguered crypto lender Hodlnaut have rejected the latest acquisition bid proposed by OPNX. The OPNX exchange, affiliated with the founders of collapsed hedge fund Three Arrows Capital (3AC), offered to buy a significant 75% ownership stake in troubled Hodlnaut in August 2023. дальше »
2023-9-20 03:30 | |
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FTX sues Bankman-Fried’s parents, targets $26M in gifts and property
FTX has sued the parents of Sam Bankman-Fried. The bankruptcy estate of the collapsed crypto exchange says founder and former CEO Sam Bankman-Fried fraudulently gifted millions of dollars to his parents. дальше »
2023-9-20 23:56 | |
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The SBF Trial: How Did We Get Here?
Sam Bankman-Fried stands accused of committing wire fraud and conspiracy to commit several other types of frauds. His once-mighty crypto exchange, FTX, collapsed in dramatic fashion nearly a year ago, shedding billions in value. дальше »
2023-9-19 14:00 | |
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Binance.US’ trading volume has collapsed since March
Binance. US‘ weekly trade volume has plunged dramatically from an annual high of nearly $5 billion to a mere $40 million, crypto data firm Kaiko tweeted on Sep 18. This drop was exacerbated in June by extensive charges filed by the U. дальше »
2023-9-19 03:30 | |
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Stablecoin supply down below $125 billion as capital continues to leak from crypto
Key Takeaways The total supply of stablecoins has fallen every month since UST collapsed in May 2023 Last month saw another $1.7 billion of outflows, the total supply now 33% off its peak Tether’s market share has increased amid stuttering rivals, but all other coins have seen large drawdowns Liquidity and volume in the space […] The post Stablecoin supply down below $125 billion as capital continues to leak from crypto appeared first on CoinJournal. дальше »
2023-9-18 11:34 | |
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NFL Star Trevor Lawrence Settles FTX Promotion Suit Alongside YouTube Personalities
NFL quarterback Trevor Lawrence and YouTubers Kevin Paffrath and Tom Nash have settled lawsuits accusing them of promoting the collapsed FTX exchange without proper disclosures. The post NFL Star Trevor Lawrence Settles FTX Promotion Suit Alongside YouTube Personalities appeared first on BeInCrypto. дальше »
2023-9-18 09:44 | |
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Is Ethereum’s on-chain activity closing in on its ATH?
Transactions on the blockchain spiked as ETH's trading volume fell. Network growth also decreased as ETH held on to the $1,600 region. Ten months after FTX collapsed, the exchange was on theThe post Is Ethereum’s on-chain activity closing in on its ATH? appeared first on AMBCrypto. дальше »
2023-9-15 17:30 | |
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Analyst on Solana: Could be “sell the rumor, buy the news” for SOL
Solana is one of the cryptocurrencies to struggle the most in the market since FTX imploded in 2022. FTX liquidators have approval to liquidate $3. 4 billion worth of crypto assets. The collapsed exchange holds $1. дальше »
2023-9-16 15:50 | |
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Bitcoin price squeeze expected as major events come closer
The Bitcoin (BTC) price is expected to squeeze if the August Consumer Price Index (CPI) rises further and the collapsed crypto firm FTX gets approval for liquidation. According to the market analyst with the X (formerly Twitter) handle CrypNuevo, the… дальше »
2023-9-12 11:58 | |
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Crypto slides as FTX reveals what assets it holds
Crypto prices dropped after an FTX announcement that showed the value of various crypto assets the collapsed exchange held as of August 31. Bitcoin fell to lows of $25k while ETH, XRP and BNB traded to key support levels. дальше »
2023-9-12 19:47 | |
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FTX pressure on Solana, other top altcoins: Buy Shiba Memu?
As FTX awaits approval to liquidate over $3. 4 billion in assets to refund claims, market sentiment could flip negative amid a significant dump. Among cryptocurrencies likely to face fresh downside pressure is Solana (SOL), a token the collapsed crypto exchange currently holds in massive numbers. дальше »
2023-9-11 12:39 | |
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