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Nalezeno "FTX collapse": 110

Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes

21.3.2023
Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital

FTX’s Bahamas Arm a ‘Nullity’ That Should Be Stripped of Assets: Court Filings

20.3.2023
The Caribbean arm is a mere shell to further Sam Bankman-Fried’s fraud, the company alleged

FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi's Investment Arm

9.3.2023
The agreement requires approval from a Delaware bankruptcy court as failed exchange seeks to raise funds for creditors

FTX Bankruptcy Special Counsel and Advisers Bill $38M for January

7.3.2023
FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case

FTX Bankruptcy Examiner Denial Appealed by U.S. Government

6.3.2023
An independent investigation could cost as much as $100 million, the Delaware court has previously been warned

Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals

4.3.2023
The fund’s performance was severely impacted by direct exposure to now-bankrupt crypto exchange FTX and holdings in FTT and Solana-based tokens

Prosecutors’ Case Against FTX’s Sam Bankman-Fried Becomes Clearer

1.3.2023
Federal prosecutors have shared more information about their case against FTX founder Sam Bankman-Fried. Between two new indictments and civil suits against another former FTX executive, we now have a much clearer picture about what the Department of Justice thinks it has

Crypto Long & Short: Decentralized Exchange Research Ramps up

1.3.2023
This week, Glenn Williams Jr. argues that decentralized exchanges (DEXes) have an intriguing road ahead amid the wreckage of FTX. Then, Kelly Chambers of THEIA8900 notes the digital-asset myopia among financial advisers focused on bitcoin (BTC) and Ethereum’s ETH

Former Accounting Team of FTX US Auditor Armanino Sets Up Shop as The Network Firm

1.3.2023
The episode highlights yet another chokepoint for the blockchain industry: It's become harder for crypto startups to enlist big accounting firms to do audits and asset attestations

SEC, CFTC Charge FTX's Singh With Fraud Following Criminal Plea

28.2.2023
The U.S. Securities and Exchange Commission and Commodity Futures charged former FTX director of engineering Nishad Singh with fraud allegations on Tuesday

Alameda-Backed Crypto Trader Folkvang Is Still Standing Despite Big Hit From FTX's Demise

23.2.2023
Speaking on a video call from a high-rise Singapore office building, Folkvang founder Mike van Rossum provided a candid account of the "messy" situation surrounding FTX's collapse and the aftermath

Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’

21.2.2023
Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. “Given the severity of the FTX situation, we do not think it is tenable to continue operating the fund both financially and culturally,” the fund’s co-founder told...

Crypto Hedge Fund Galois Shuts Down After Losing $40 Million to FTX: FT

20.2.2023
Galois co-founder said the fund has halted all trading as it is no longer viable post-FTX

Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry

18.2.2023
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law enforcement. Long’s post followed...

Report: FTX Promised High Earnings to African Students That Successfully Recruited Fellow Learners

17.2.2023
The collapsed crypto exchange FTX reportedly used the lure of high earnings to convince African university students to become its ambassadors. In addition to encouraging new FTX investors to use the platform, student ambassadors were also required to teach them about crypto and the blockchain. Some...