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Nalezeno "ftx": 2149

Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report


Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American platform’s plan to expand business globally....

FTX Files Lawsuit Against Former Salameda Employees to Recover $157 Million


According to the recent court filing, FTX, the bankrupt crypto exchange, has filed a lawsuit against former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX, to recover about $157.3 million. The Hong Kong firm was said to be controlled by the former CEO and founder of...

FTX Founder Sam Bankman-Fried's Bail Request Rejected Ahead of Trial


A US court has denied Sam Bankman-Fried's request for release on bail before his trial, which is scheduled to begin next month.  On Thursday, an appeals court upheld the decision to keep the disgraced founder of FTX locked up ahead of his trial.  "We reject [Bankman-Fried's] contention that...

Ex-Alameda Employee Exposes Firm’s Massive Bitcoin Trading Misstep


An ex-employee of Alameda Research has revealed that a trading blunder from the firm precipitated an astonishing 87% plunge in bitcoin’s (BTC) price on the Binance US exchange. This mishap, the insider disclosed, resulted in losses reaching the “order of tens of millions.”...

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