FTX
Welcome to our FTX News category. FTX, despite its recent challenges, remains a topic of significant interest due to its bankruptcy proceedings. Our dedicated team of writers and journalists is on the ground, bringing you the latest updates, analyses, and insights on FTX. Whether you’re tracking the proceedings or exploring its historical impact, our FTX News category has you covered.
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Business News
FTX’s Bold Plan for Creditor Reimbursement Offers Over 100% Return
FTX, the cryptocurrency exchange that collapsed in 2022, has unveiled a comprehensive reorganization plan aimed at reimbursing its creditors. Under…
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Crypto News
Sam Bankman-Fried’s Defense Argues Against Punitive 50-Year Sentence
The legal team of Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, is fervently contesting a “medieval” sentencing recommendation…
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Business News
BlockFi Settles for $874M With FTX, Pending Court Approval
In a significant development for the cryptocurrency sector, BlockFi customers are on the cusp of a notable financial resurgence. Following…
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Bitcoin News
FTX Estate Liquidates GBTC Shares as Alameda Drops its Lawsuit
In recent developments, FTX’s estate has sold the majority of its holdings in the Grayscale Bitcoin Trust (GBTC). This move…
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Bitcoin News
FTX’s Proposed Bitcoin Valuation in Repayment Plan Causes Uproar
FTX, which filed for bankruptcy in November 2022, recently filed a repayment plan that has caused widespread discontent among its…
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Crypto News
Judge Rejects SBF’s Request for Sentencing Delay
Sam Bankman-Fried, former CEO of the now-bankrupt cryptocurrency exchange FTX, is set to face his pre-sentence interview with the U.S.…
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Altcoins News
FTX Exchange Secures Court Approval to Sell Trust Assets Worth $873M
The now-bankrupt cryptocurrency exchange FTX has obtained legal approval to liquidate roughly $873 million of its trust assets to pay…
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Regulations News
Sam Bankman-Fried Should Testify Today
Embattled crypto mogul Sam Bankman-Fried is preparing to take the stand in a bold move to defend his actions amidst…
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Altcoins News
FTX Transfers Over $10M in Assets Amidst Possible Relaunch
FTX, the once-prominent crypto exchange that is now defunct, has transferred more than $10 million in digital assets to major…
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Crypto News
Sam Bankman-Fried’s Defense Brings Expert Witness to Challenge FTX Credit Line Claims
In a letter addressed to New York District Judge Lewis Kaplan on October 23, the defense elucidated that Pimbley is…
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Business News
Bankrupt FTX Proposes to Return 90% of Customer Funds
The troubled crypto exchange FTX, which filed for bankruptcy last November, has proposed a plan that could see over 90%…
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Regulations News
Weekend Filings in SBF’s Trial : $500M Anthropic Investment and $200M Alameda “Loan”
Over the weekend, the trial of FTX CEO Sam Bankman-Fried (SBF) continued to unravel. Central to the case are claims…
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Crypto News
Sam Bankman-Fried Trial: Day by Day Coverage
Welcome to the live coverage of Sam Bankman-Fried’s trial. FTX, co-founded by Bankman-Fried, also known as SBF, positioned itself as…
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Business News
Former Colleagues Testify Against Sam ‘SBF’ Bankman-Fried
In the high-profile trial of former FTX CEO Sam Bankman-Fried, which started this Tuesday, possibly damning testimonies came to light…
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Regulations News
Binance and CEO Face Lawsuit in Relation to FTX’s Collapse
On October 2, a class-action lawsuit was filed against Binance.US, Binance CEO Changpeng Zhao, and other relevant parties in the…
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Crypto News
FTX Exchange Breach: Hacker Moves $38 Million in Ethereum
According to on-chain data, the wallet first became active on September 30th, with an initial transfer of 6,250…
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Business News
Stanford University Set to Return $5.5M Received from FTX
FTX ‘Gifts’ Given for Pandemic-Related Prevention and Research The California-based institution confirmed that it has been engaged in discussions with…
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Business News
Gemini Criticizes DCG’s Proposed Recovery Plan for Genesis
Critique on DCG’s Recovery Plan Contrived and Misleading Assertions In a filing with the U.S. Bankruptcy Court for the Southern…
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Altcoins News
Court Approves FTX’s $3.4B Crypto Assets Liquidation
. FTX Gets Go-ahead to Liquidate Cryptocurrency Holdings The court ruling on FTX’s application came about as a result of…
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Regulations News
Sam Bankman-Fried to Await Trial in Detention
From Palo Alto Home to Prison Bankman-Fried had been out on a whopping $250 million bail, initially residing at his…
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Regulations News
FTX Customer Identity Battle: Media Giants Take a Stand
Media Outlets Assert Legal Grounds According to the May 3 filing, the media houses claim that FTX’s argument that the…
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Business News
SBF Accused of Spreading Fake Rumors Against Binance CEO
Accusations of Racism and Fake Rumors Binance Chief Strategy Officer Patrick Hillman has accused FTX’s CEO Samuel Bankman-Fried (SBF) of…
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Business News
Tribe Capital Considers Reviving FTX Crypto Exchange
Tribe Capital’s Involvement and Proposal Established in 2018, Tribe was a venture investor in both FTX and FTX US. The…
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Business News
Bankrupt FTX’s Legal Team Rakes in $32.5M in February
Newly published court documents from April 4th to April 10th reveal that the total amount spent on legal expenses by…
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Regulations News
Ex-FTX CEO Bankman-Fried Faces New Bribery Allegations
Superseding Indictment Unsealed, New Charges Added The 13-count superseding indictment was unsealed on Tuesday, introducing a new count for conspiracy to…
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Regulations News
Former FTX Executive Pleads Guilty, Cooperates in Investigation of Founder
Nishad Singh, the former director of engineering at FTX, a cryptocurrency exchange, has pleaded guilty to six conspiracy charges, including…
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Business News
FTX Japan Resumes Withdrawals Following Exchange Collapse
FTX, the popular cryptocurrency exchange founded and led by Sam Bankman-Fried, collapsed in November 2022, leaving many users without access…
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Business News
Hodlnaut Attracts Interest from Potential Buyers Amid Claims Against FTX
Several potential buyers have approached the interim judicial managers of Singapore-based cryptocurrency lending firm Hodlnaut to express interest in acquiring…
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Business News
Mark Wahlberg plans on producing a documentary on the ties between SBF and CZ
Mark Wahlberg’s production company, Unrealistic Ideas, is partnering with Fortune to create a documentary on FTX, but more specifically on…
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Regulations News
We might soon know who co-signed SBF’s bail bond package
Sam Bankman-Fried, once the champion of the crypto industry, now its most infamous villain, was released on a $250-million bail…
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Regulations News
FTX wants answer from SBF’s parents about their fortune
FTX’s new management is still on the hunt for the missing funds, after they located more than $5 billion in…
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