Crypto News
FTX Files Lawsuit Against Bybit Exchange to Retrieve $1 Billion
FTX, the cryptocurrency exchange that faced financial difficulties and declared bankruptcy in November 2022, is taking legal action to recover almost $1…
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Crypto News
FTT Token Experiences 72% Rally Following SEC Chair’s Supportive Statement on FTX
FTT, the native token of the bankrupt FTX crypto exchange, experienced a remarkable surge of over 72% in response to comments from…
Crypto News
FTX exchange sells $316M in crypto amid recovery efforts
In an effort to bolster its financial standing, the FTX crypto exchange has sold a significant amount of crypto assets, totaling around…
Crypto News
FTX Considers Liquidating $744 Million in Grayscale and Bitwise Holdings
The bankrupt crypto exchange FTX, along with its debtors, has submitted a request to the U.S. bankruptcy court in Delaware. They are…
Market News
Sam Bankman-Fried Claims FTX Executives Advise Him to Cease Questioning
In recent testimony, Sam Bankman-Fried, the founder of FTX, revealed that he had been advised to avoid asking too many questions, a…
Crypto News
FTX and Alameda Research Liquidate $13.35 Million in Assets
Over the past 24 hours, addresses linked to FTX and Alameda Research have collectively transferred $13.35 million worth of assets to the…
Crypto News
Sam Bankman-Fried Reveals He Knew Basically Nothing About Crypto
The ongoing trial of Sam Bankman-Fried, the co-founder of the now-defunct FTX crypto exchange, has brought to light some surprising revelations about…
Market News
FTX founder Sam Bankman-Fried (SBF) testifies on October 26 as expected
FTX founder Sam Bankman-Fried (SBF) testified as anticipated on October 26, shedding light on the likely defense strategy in the ongoing case.…
Market News
Filing Hints at Sam Bankman-Fried’s Testimony on Legal Role and Good Faith Efforts
Sam Bankman-Fried, the founder of FTX, may testify in his defense to provide insight into various aspects of FTX’s operations, according to…
Crypto News
BlockFi Begins Creditor Repayments and Asset Withdrawals
Crypto lending platform BlockFi has successfully emerged from bankruptcy. Effective October 24, BlockFi has initiated the process of repaying some of its…
Market News
FTX Exchange Investigates $6.5 Million Payments to AI Safety Organization Amid Clawback Efforts
Bankrupt crypto exchange FTX is seeking information regarding $6.5 million in payments made to a nonprofit AI safety organization, the Center for…
Crypto News
FTX crypto exchange announces its plan to return 90% of customer funds
The FTX crypto exchange has announced its plan to return 90% of customer funds. This decision comes as a relief to customers…