FTX | ForkLog - Part 18

ForkLog 9 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.

AI translated

ForkLog 8 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.

AI translated

ForkLog 9 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.

AI translated

ForkLog 8 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.

AI translated

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.

AI translated

ForkLog 10 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.

AI translated

ForkLog 12 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.

AI translated

ForkLog 10 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.

AI translated

ForkLog 19 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.

AI translated

ForkLog 10 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.

AI translated

ForkLog 11 07.03.2023

FTX reports $1.6 billion Bitcoin shortfall

The crypto exchange FTX, in bankruptcy proceedings, said the aggregate asset shortfall to cover customer claims stands at $8.7 billion, with $1.6 billion in Bitcoin.

AI translated

ForkLog 13 07.03.2023

FTX files suit against Grayscale Investments

The plaintiff, the collapsed FTX exchange, filed a lawsuit against Grayscale Investments, accusing the firm of mismanaging funds and breaching the trust agreement.

AI translated

#FTX