FTX | ForkLog - Part 12

ForkLog 10 12.09.2023

Matrixport analysts warn of altcoin crash amid FTX asset sales

By year-end, Ethereum could fall to as low as $1,000, and Solana's downside targets sit at $15 and $10 due to FTX's supply overhang. Matrixport Technologies analysts forecast.

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ForkLog 12 11.09.2023

Lawyers Seek Release for Sam Bankman-Fried Over Poor Internet Access

The defense team for former FTX chief Sam Bankman-Fried (SBF) demanded his release from custody before trial, citing a lack of adequate internet access at the federal prison.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 12 11.09.2023

FTX sues LayerZero, seeks $86 million

FTX filed a lawsuit against LayerZero Labs, the company behind the omnichain protocol, seeking to recover $86 million.

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ForkLog 11 09.09.2023

Media: Apple buys rights to adapt Michael Lewis’s book about the former FTX chief

Apple paid $5 million for the rights to adapt Michael Lewis's book about the founder of the FTX cryptocurrency exchange, Sam Bankman-Fried. The Ankler reports.

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ForkLog 10 08.09.2023

Former FTX Bahamas unit chief pleads guilty

On Thursday, September 7, the former CEO of FTX's Bahamas unit, Ryan Salame, pleaded guilty to criminal charges related to the collapse of the cryptocurrency exchange.

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ForkLog 7 05.09.2023

Five Bitcoin firms’ collapse yields lawyers more than $700m

Since 2022, specialists have earned more than $700 million from the bankruptcies of five major cryptocurrency companies, including the FTX exchange.

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ForkLog 10 04.09.2023

FTX-linked wallet activity raises fears of an altcoin dump.

A transfer from the FTX-linked wallet of assets totaling about $10.2 million sparked concerns about a wave of depletion of its holdings in the bankruptcy proceedings.

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ForkLog 9 01.09.2023

Robinhood to buy back 55 million shares previously owned by Sam Bankman-Fried for $605.7 million

The online broker Robinhood will buy back 55 million shares previously owned by the founder of the collapsed FTX, Sam Bankman-Fried, for $605.7 million.

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ForkLog 16 28.08.2023

Sam Bankman-Fried seeks ‘temporary release’ to prepare for trial

Lawyers for the former head {{AOPEN_1}}collapsed FTX{{ACLOSE_1}} Sam Bankman-Fried (SBF) filed a motion with complaints about the harsh conditions of his confinement and urged for his “temporary release.”

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ForkLog 22 25.08.2023

FTX warns of user data leak

FTX, in bankruptcy proceedings, reported a leak of non-confidential data of some clients through the restructuring agent Kroll.

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ForkLog 11 24.08.2023

FTX to hire Galaxy Digital to sell assets

The collapsed FTX told the court about plans for 'sale, staking and hedging' of its $3 billion of digital assets — and will hire Galaxy Digital, Mike Novogratz's firm.

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ForkLog 9 18.08.2023

FTX and Genesis settle $175 million payment to Alameda Research

FTX and Genesis have reached an agreement to pay Alameda Research the remaining $175 million. The Block reports that this will pave the way for confirming the crypto-lending platform's restructuring plan.

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