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Former FTX Boss Ryan Salame Gives up $5.9M Bahamas House


Former co-CEO of FTX Digital Market Ryan Salame is to transfer a $5.9 million house he owns in the Bahamas to settle criminal charges. The post Former FTX Boss Ryan Salame Gives up $5.9M Bahamas House appeared first on Cryptonews

Bitcoin Posts Worst Month Since FTX Collapse Amid Ebbing ETF Euphoria


Bitcoin has experienced its most challenging month since the collapse of Sam Bankman-Fried's FTX empire, as the excitement surrounding US spot Bitcoin ETFs continues to wane.  The post Bitcoin Posts Worst Month Since FTX Collapse Amid Ebbing ETF Euphoria appeared first on Cryptonews

Investor settlement releases FTX co-founder Sam Bankman’s Civil Liability


This new development in the series of lawsuits emerging from the FTX debacle involves a group of investors and customers deciding to withdraw their claims against Sam Bankman-Fried, one of the founders of the crypto exchange. The group reached this decision per a signed agreement allowing...

FTX prepares for increased Solana (SOL) sales: Anticipated price impact


The bankruptcy estate of FTX is getting ready to make a big move by putting a sizable number of Solana tokens up for auction. This tactic is a component of the liquidation plan that FTX started after it collapsed in November 2022. In a move poised to make waves within the cryptocurrency market...

FTX Estate Plans Auction for Locked Solana Tokens


Bankrupt cryptocurrency exchange FTX is preparing to offload more of its locked Solana (SOL) tokens through an auction, diverging from its previous method of selling at a set price, as announced by Mike Cagney of Figure Markets. This decision follows FTX’s recent sales of SOL tokens...

FTX will auction more locked Solana tokens, says Mike Cagney


Mike Cagney, the former CEO of SoFi, recently talked about FTX’s next move. The CEO revealed that FTX will auction the next lot of locked Solana tokens. During the time of FTX’s demise, the locked Solana tokens made up the largest percentage of its digital assets holdings. Given the boost Solana...

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