FTX | ForkLog - Part 17

ForkLog 21 18.04.2023

Bernstein says the FTX collapse has had a positive impact on the crypto market

The FTX collapse was the catalyst for a new bullish rally in the cryptocurrency market, according to Bernstein Asset Management analysts, CoinDesk reports.

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ForkLog 5 17.04.2023

NBA star Shaquille O’Neal served with summons in FTX case

The four-time NBA champion and entrepreneur Shaquille O’Neal has received a summons from Moskowitz, the firm pursuing a class-action on behalf of investors who suffered FTX's collapse.

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ForkLog 17 13.04.2023

FTT token jumps 90% on talks of restarting FTX

In July, FTX lawyers will present to the bankruptcy court a plan to reorganize the exchange with a possible restart, according to The Block. The price of the FTT token rose by 90%.

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ForkLog 21 12.04.2023

Former FTX executive proposes reviving a platform to trade claims

Former head of institutional sales at FTX Zane Tackett claims that the exchange should relaunch and begin trading the platform's claims.

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ForkLog 28 12.04.2023

FTX and Alameda to receive all Ren Protocol assets

Ren Protocol will move all assets to the cold wallets of the holders — those in bankruptcy proceedings involving FTX and Alameda Research.

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ForkLog 13 10.04.2023

FTX lawyers bill $30 million for February

FTX, undergoing bankruptcy proceedings, received invoices from lawyers and financial advisers for February. The total amount exceeded $30 million, The Block reports, citing the filing.

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ForkLog 19 10.04.2023

FTX flags SBF’s team failures in ‘key functions’

FTX had no basic accounting or financial controls and was run by a small group of people who 'were characterised by arrogance, incompetence and greed.' This is stated in a report by the exchange and the related debtors.

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ForkLog 6 31.03.2023

FTX Europe launches site for customer withdrawals

The registered CySEC firm FTX Europe has launched a dedicated website that allows European clients of the bankrupt platform to submit a withdrawal request. Finance Magnates reports.

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ForkLog 18 30.03.2023

Reuters: Bankman-Fried pleads not guilty to bribery of Chinese official

The founder of FTX, Sam Bankman-Fried, has not pleaded guilty to the new criminal charges, according to Reuters citing sources familiar with the matter.

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ForkLog 18 30.03.2023

OKX to hand over frozen assets worth $157 million to FTX bankruptcy trustees

The cryptocurrency exchange OKX will hand over frozen assets tied to FTX and Alameda Research, in bankruptcy, totaling about $157 million.

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ForkLog 18 28.03.2023

Sam Bankman-Fried accused of bribing a Chinese official

The founder of the failed FTX, Sam Bankman-Fried (SBF), has been charged with bribery of at least one Chinese official in the amount of $40 million. This is stated in court documents.

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ForkLog 22 28.03.2023

New bail terms agreed for Sam Bankman-Fried

Sam Bankman-Fried's (SBF) lawyers agreed with U.S. prosecutors on new bail conditions. This is stated in court documents.

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