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.
-
Business News
Several tech giants and major banks are among FTX creditors
FTX revealed its complete list of creditors, leaving out the names of around 9.6 million users as per a court…
Read More » -
Business News
BlockFi’s leaked financials shows $1.2 exposure to FTX
A previously redacted financial documents was mistakenly released without the redactions and the figures would explain the fall of BlockFi.…
Read More » -
Regulations News
Federal authorities seized $700 million from SBF in January
Sam Bankman-Fried told the whole world he had less than $100,000 left to his name before the end of 2022.…
Read More » -
Business News
Could FTX rise from the ashes and reopen ?
In his first interview since he took over FTX in November, John Ray III said he was open to the…
Read More » -
Business News
Former FTX US President gets funding from Coinbase and Circle for new startup
Brett Harrison served as President of FTX US for 17 months before he quit in September last year. And according…
Read More » -
Regulations News
1 in 3 members of the U.S. Congress received money from SBF and FTX’s top execs
A study by our colleagues at CoinDesk shows that out of the 535 senators and representatives in the U.S. Congress,…
Read More » -
Business News
Clients of FTX Japan should get back some of their funds in February
Customers who lose assets from exchanges going bankrupt usually have to wait months if not years to recover part or…
Read More » -
Regulations News
SBF ordered co-founder Gary Wang to create a $65 billion line of credit for Alameda
As per a report from the New York Post, Sam Bankman-Fried had asked his co-founder and CTO Gary Wang to…
Read More » -
Business News
FTX gets approval to sell LedgerX and other subsidiaries
According to a filing in Delaware Bankruptcy Court, in charge of the FTX bankruptcy, Judge John Dorsey gave his approval…
Read More » -
Business News
FTX has recovered $5 billion in liquid assets
According to Reuters, an attorney of FTX told yesterday to the U.S. Bankruptcy Court in Delaware that the exchange’s new…
Read More » -
Business News
Was SBF paying VC funds in order for them to invest later in FTX ?
New revelations could explain why so many Venture Capitalists invested in FTX in the two years before its collapse, without…
Read More » -
Regulations News
The U.S. Department of Justice opens a website for victims of SBF
In order to efficiently communicate with victims of the FTX debacle and more specifically of the fraud by FTX’s former…
Read More » -
Lifestyle News
FTX spent $40 million on hotels, flights and food in the Bahamas
According to a recent filing, FTX Digital Markets, the Bahamas branch of the defunct exchange, spent around $40 million in…
Read More » -
Business News
The U.S. Department of Justice seized the disputed Robinhood shares now worth $460 million
The Robinhood shares bought by FTX’s founder Sam Bankman-Fried and co-founder/CTO Gary Wang with a $546 million loan, have now…
Read More » -
Regulations News
As expected, SBF pled not guilty, his trial date is set for October
Sam Bankman-Fried appeared in court yesterday for his arraignment. In Manhattan’s federal court, the disgraced founder of FTX entered a…
Read More » -
Regulations News
Four whales ask bankruptcy court to be prioritized in FTX case
Four whales filed a class action lawsuit with the U.S. Bankruptcy Court handling FTX’s case in order to have a…
Read More » -
Regulations News
SBF is likely to plead not guilty at his arraignment tomorrow
According to the Wall Street Journal, Sam Bankman-Fried will likely plead not guilty at his arraignment in the U.S. Court…
Read More » -
Regulations News
SBF is expected to enter a plea at his hearing next Tuesday
According to Reuters, Sam Bankman-Fried, once the knight in shining armor, now the black sheep of the crypto industry, is…
Read More » -
Business News
Alameda Research’s wallets show movements
Wallets attributed to Alameda Research, FTX’s sister trading firm, showed several transactions where ERC20 tokens were traded for ETH and…
Read More » -
Business News
Alameda loaned $546 million to SBF to buy Robinhood shares
An affidavit by FTX’s disgraced founder Sam Bankman-Fried filed on Dec.12 and made public yesterday shows that shares of Robinhood…
Read More » -
Regulations News
FTX wants $450 million in Robinhood shares held by SBF’s holding company
FTX management has asked the court to freeze $450 million worth of Robinhood shares, that are currently held by Emergent…
Read More » -
Regulations News
Alameda’s Caroline Ellison and FTX co-founder Gary Wang pled guilty to fraud charges
Damian Williams, U.S. Attorney for the Southern District of New York, declared in an official statement that Caroline Ellison, former…
Read More » -
Business News
FTX’s new management have located $1 billion of assets
The exchange’s new management, which took control of FTX after the Chapter 11 filing, has been looking for FTX’s funds…
Read More » -
Regulations News
Sam Bankman-Fried is to be extradited to the U.S. today
Sam Bankman-Fried was supposed to appear yesterday in court in the Bahamas, but did not show up even though his…
Read More » -
Gaming News
Riot Games seeks to end the sponsorship with FTX
Riot Games, the gaming studio where League of Legends was born, had signed an exclusive sponsorship deal with FTX back…
Read More » -
Regulations News
Sam Bankman-Fried will not contest his extradition to the U.S.
According to Reuters’ sources, after a rocky hearing in court on Monday, and following several reports from media outlets over…
Read More » -
Regulations News
FTX lawyers ask the court for permission to sell Japan and Europe subsidiaries
FTX lawyers ask permission from the U.S. bankruptcy court to sell the Japanese and European branches. Those subsidiaries are under…
Read More » -
Business News
FTX co-CEO revealed that only three execs could transfer funds from FTX to Alameda
Court documents filed on Wednesday gave a whole new piece of information of major interest to regulators. Indeed, the co-CEO…
Read More » -
Business News
Kevin O’Leary blames Binance for FTX’s collapse
Shark Tank Kevin O’Leary, who admitted to having lost $15 million in FTX, the amount he had received to be…
Read More » -
Regulations News
Alameda Research held special access on FTX, giving them some unfair advantages
After the Department of Justice and the Securities and Exchange Commission, the Commodities Futures Trading Commission (CFTC) is now filing…
Read More » -
Regulations News
The Bahamas authorities reportedly asked SBF to mint tokens worth hundreds of millions
Lawyers working on the bankruptcy case in the U.S. claim that founder and ex-CEO Sam Bankman-Fried was asked to mint…
Read More »