FTX | ForkLog - Part 31

ForkLog 12 16.11.2022

FTX Bahamas unit seeks Chapter 15 bankruptcy protection in the United States

FTX Digital Markets (FDM), the Bahamas-based subsidiary of FTX, filed in the Southern District of New York a petition under Chapter 15 of the U.S. Bankruptcy Code. Bloomberg reports.

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ForkLog 20 16.11.2022

Australian regulator suspends license of local FTX unit

The Australian Securities and Investments Commission (ASIC) has suspended the financial-services licence issued to the local subsidiary of the FTX bitcoin exchange, according to a press release.

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ForkLog 20 16.11.2022

FTX hacker who stole 228,523 ETH enters Ethereum whale list

The anonymous hacker who stole 228,523 ETH (~$288.5 million) from FTX has ranked 35th among the largest holders of the second-largest cryptocurrency.

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ForkLog 21 16.11.2022

Circle reveals investment in FTX

Circle, the issuer of the USD Coin (USDC), holds about $10.6 million of FTX Group equity, disclosed in a filing with the SEC.

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ForkLog 15 16.11.2022

Bankman-Fried discloses asset values at FTX and Alameda Research

The combined net asset value of FTX and Alameda Research is estimated at $1 billion, while liabilities run to $8 billion. This was stated by former CEO Sam Bankman-Fried.

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ForkLog 22 16.11.2022

FTX Collapse Drives Record Hardware Wallet Sales

Hardware-wallet makers Ledger and Trezor reported a substantial rise in device sales amid FTX troubles. Decrypt reports this.

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ForkLog 28 16.11.2022

Japanese Bitcoin exchange Liquid suspends withdrawals

Liquid, the Japanese bitcoin exchange owned by FTX, suspended withdrawals in both crypto assets and fiat currencies.

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ForkLog 25 16.11.2022

WSJ: BlockFi to file for Chapter 11 bankruptcy

The crypto lending platform BlockFi is preparing to file for Chapter 11 bankruptcy protection, according to The Wall Street Journal, citing people familiar with the matter.

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ForkLog 13 15.11.2022

FTX reports more than one million creditors

FTX, the bitcoin exchange operator filing for Chapter 11 bankruptcy, has more than one million creditors, according to court documents.

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ForkLog 21 15.11.2022

Bahamas court approves temporary liquidators for FTX Digital Markets

The Bahamas Supreme Court granted the Securities Commission's request to appoint temporary liquidators for FTX Digital Markets (FDM).

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ForkLog 31 15.11.2022

Sam Bankman-Fried: things could have ended far worse

Ex-FTX chief Sam Bankman-Fried (SBF), in an interview with the New York Times, repeatedly expressed regret about the collapse of the Bitcoin exchange and acknowledged that events could have unfolded in a more dramatic fashion.

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ForkLog 25 15.11.2022

OKX to establish a $100 million fund to support projects affected by the FTX collapse

The cryptocurrency exchange OKX plans to create a $100 million fund to support projects affected by the FTX liquidity crisis.

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