Investors record the heaviest losses since the FTX collapse
Realised losses in bitcoin have surged to levels last seen during the FTX collapse, Glassnode said.Latest news and analysis on the state of the FTX exchange.
Investors record the heaviest losses since the FTX collapse
Realised losses in bitcoin have surged to levels last seen during the FTX collapse, Glassnode said.
Buterin Unveils Privacy Tool for Ethereum
Ethereum co-founder Vitalik Buterin has introduced Kohaku, a toolkit aimed at enhancing privacy and security within the ecosystem.
FTX Withdraws Controversial Motion on ‘Problematic’ Countries
Representatives of the bankrupt exchange FTX have withdrawn a motion to restrict payments to users from 49 countries, including Russia and Ukraine.
Sam Bankman-Fried Claims FTX Was Solvent at the Time of Collapse
In November 2022, at the time of its collapse, the cryptocurrency exchange FTX was "effectively solvent," according to its founder, Sam Bankman-Fried.
FTX Founder Claims Biden’s Retaliation for GOP Donations
FTX founder Sam Bankman-Fried claimed his 2022 arrest was Biden's response to GOP donations.
Changpeng Zhao Seeks Dismissal of $1.76 Billion FTX Lawsuit
Binance founder Changpeng Zhao (CZ) has sought the dismissal of a $1.76 billion lawsuit filed by FTX representatives. He cited the lack of jurisdiction of the American court due to his residence in the UAE. CZ’s lawyers noted that the disputed transactions were cross-border, and US bankruptcy laws do not apply outside the country. Representatives […]
FTX Releases Additional $1.9 Billion for Affected Creditors
The bankrupt cryptocurrency exchange FTX has announced a third round of creditor payments, scheduled for September 30, according to a press release.
FTX Proposes New Payment Plan for ‘Problematic’ Countries
Representatives of the bankrupt exchange FTX have filed a court motion proposing a new payment procedure for users in ‘problematic’ jurisdictions. This was reported by Sunil Kavuri, a representative of the platform’s largest creditor group. FTX: Restricted countries Disputed claims 49 Jurisdictions -5% allowed claims in restricted countries 82% of value in China Due to […]
FTX Lawyers Seek Dismissal of “Illogical” $1.53 Billion 3AC Lawsuit
Lawyers handling the bankruptcy of cryptocurrency exchange FTX have opposed a lawsuit from the now-liquidated hedge fund Three Arrows Capital (3AC) amounting to $1.53 billion. They argue that the claims are unfounded, as they “rely on inaccurate figures” and fail to consider “actual events that occurred.” According to the lawyers, 3AC’s extensive spot and margin […]
Coinbase Predicts Market Impact of $5 Billion Payout to FTX Creditors
A surge of new liquidity from the $5 billion payout to FTX creditors could positively influence the cryptocurrency market’s dynamics, according to analysts at Coinbase. On May 30, administrators of the bankrupt crypto exchange began distributing $5 billion in fiat and stablecoins. The funds are expected to reach users via BitGo and Kraken within three […]
Binance Seeks Dismissal of FTX’s $1.76 Billion Lawsuit
Cryptocurrency exchange Binance has filed a motion to dismiss a $1.76 billion lawsuit from FTX. The company’s lawyers described the claims as “legally deficient” and demanded the case be dropped. FTX filed the lawsuit last November, accusing Binance of intentionally withdrawing funds through a 2021 deal. At that time, the former bought back 20% of […]
Netflix Prepares Series on Bankman-Fried and FTX Collapse
Netflix is set to produce a series about the collapse of FTX. Emmy nominee Julia Garner will portray Alameda Research CEO Caroline Ellison, while the search for an actor to play platform co-founder Sam Bankman-Fried (SBF) continues. Julia Garner to star as Caroline Ellison in a limited series about the collapse of cryptocurrency exchange FTX, […]We use cookies to improve the quality of our service.
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