FTX | ForkLog - Part 18

ForkLog 12 24.03.2023

Media estimate potential losses for supermodel Gisele Bündchen from FTX collapse

The supermodel and former Victoria's Secret Angel Gisele Bündchen, who became an FTX shareholder in 2021, could have lost "millions of dollars" as a result of the crypto exchange collapse, Daily Mail reports.

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ForkLog 12 24.03.2023

Mysten Labs to buy back its shares and token warrants from the FTX bankruptcy estate

Mysten Labs, the Sui‑focused blockchain startup, will acquire a stake in the project owned by the FTX exchange, which is undergoing bankruptcy proceedings, including warrants on utility tokens. The deal value is $96.3 million, according to CoinDesk.

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ForkLog 10 21.03.2023

FTX sues Bahamian liquidators of FTX Digital Markets

FTX, the crypto exchange undergoing bankruptcy proceedings, has filed a lawsuit against the liquidators of Bahamas-registered FTX Digital Markets (FDM) in a bid to gain control of assets. The Block reports.

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ForkLog 9 21.03.2023

Auros market-maker raises $17 million to stabilise finances after FTX collapse

The Auros project raised $17 million to complete the restructuring and close the balance-sheet gap.

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ForkLog 10 20.03.2023

FTX Delays LedgerX Auction for the Third Time

FTX set a new date for the LedgerX auction — April 4. The Block reports.

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ForkLog 12 19.03.2023

Valkyrie executive: FTX collapse delays US Bitcoin ETF launch

Steven McClurg, the chief investment officer of Valkyrie Investments, said that the collapse of the FTX exchange has further delayed the launch of a spot bitcoin ETF in the United States.

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ForkLog 10 17.03.2023

Lawsuit filed against YouTube influencers for promoting FTX

Several YouTube bloggers faced a class-action suit for "active promotion" of the collapsed cryptocurrency exchange FTX, The Block reports.

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ForkLog 12 17.03.2023

Sam Bankman-Fried received $2.2 billion from FTX and Alameda Research

The total payouts in the form of payments and loans to the so-called inner circle of former FTX CEO Sam Bankman-Fried (SBF) amounted to $3.2 billion. This is stated in the company’s press release.

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ForkLog 17 16.03.2023

Sam Bankman-Fried seeks to have FTX cover his legal bills

Former FTX boss Sam Bankman-Fried (SBF) sought to use Directors&Officers Liability insurance to cover the lawyers' bills, The Block reports.

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ForkLog 11 09.03.2023

FTX plans bonuses of up to 94% for developers

The crypto exchange FTX, currently in bankruptcy proceedings, wants to introduce a $4 million bonus program to prevent layoffs of key staff.

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ForkLog 25 09.03.2023

FTX to sell stake in Sequoia Capital for $45 million

Alameda Research Ventures — FTX's investment arm — has agreed to sell a $45 million stake in the venture firm Sequoia Capital to Abu Dhabi's sovereign wealth fund.

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ForkLog 17 09.03.2023

Voyager Digital to set aside $445 million for Alameda Research payouts

A federal judge approved the agreement between the FTX exchange and Voyager Digital, under which the crypto broker will reserve $445 million to pay claims by Alameda Research. The Block reports.

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