FTX | ForkLog - Part 8

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ForkLog 8 18.12.2023

FTX unveils plan to return customer funds

FTX filed an amended restructuring plan under which assets would be valued at the rate on the date of the bankruptcy filing — November 11, 2022.

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ForkLog 7 12.12.2023

SBF Lawyer: Winning the Case Was ‘Almost Impossible’

David Mills, head of the legal team for FTX founder Sam Bankman-Fried (SBF), said that the odds of winning the fraud trial were virtually zero.

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ForkLog 7 12.12.2023

IRS seeks $24 billion in taxes from FTX

FTX lawyers are appealing the IRS's 'absurd' demand that the exchange pay $24 billion — three times larger than its obligations to customers.

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ForkLog 40 01.12.2023

“He’s in trouble”: Ex-mafioso on Sam Bankman-Fried’s prospects in court

Crypto blogger Tiffany Fong conducted an interview with former mob enforcer Gene Borrello, who was in a Brooklyn jail with former FTX head Sam Bankman-Fried.

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ForkLog 17 30.11.2023

Court approves FTX plan to liquidate Grayscale and Bitwise shares worth $744 million

A Delaware bankruptcy judge approved the motion by FTX and affiliated entities to sell Grayscale and Bitwise trust shares worth $744 million.

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ForkLog 11 24.11.2023

Atlético Madrid sues WhaleFin over unpaid €40m sponsorship

Spanish football club "Atlético Madrid" has filed a lawsuit against the Bitcoin exchange WhaleFin over unpaid sponsorship of €40m ($44m).

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ForkLog 10 24.11.2023

WSJ reveals details of Sam Bankman-Fried’s life behind bars

Former FTX chief Sam Bankman-Fried (SBF) has adapted to the conditions of detention in Brooklyn, New York.

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ForkLog 15 13.11.2023

WSJ: Ex-FTX executives to launch Bitcoin exchange Backpack

The former FTX chief legal officer Kan San will head Backpack, according to The Wall Street Journal. Previously the expert testified against the founder of the collapsed platform Sam Bankman-Fried (SBF).

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ForkLog 24 11.11.2023

FTX sues Bybit to recover about $953 million in assets

FTX, in bankruptcy proceedings, filed a suit against the Bybit cryptocurrency exchange seeking to recover digital assets worth approximately $953 million that were withdrawn shortly before the collapse of Sam Bankman-Fried's platform.

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ForkLog 18 10.11.2023

Turning November: Bitcoin’s ATH anniversary and the FTX collapse

On November 10, 2021, the price of the first cryptocurrency hit a historic high of $69,000, and the following year—November 11—FTX filed for bankruptcy. We examine how these two polar opposite events affected the industry.

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ForkLog 17 09.11.2023

SEC chair backs reboot of FTX ‘within the law’

The revival of FTX is possible if the new leadership carries out the process with a clear understanding of the law, according to SEC Chair Gary Gensler.

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ForkLog 9 08.11.2023

Wallets linked to FTX and Alameda moved $50.5 million in assets

On November 8, addresses affiliated with the collapsed FTX and Alameda moved cryptocurrency worth $50.5 million to various exchanges.

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