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FTX Bankruptcy Sees $44 Billion Claims from U.S. Internal Revenue Service
11.5.2023
The US Internal Revenue Service (IRS) has filed tax claims worth a staggering $44 billion against bankrupt crypto exchange FTX and its affiliated entities.
According to recent bankruptcy filings, the IRS has put forth a total of 45 claims against FTX companies related to unpaid taxes which could...
Sam Bankman-Fried's Legal Expenses Paid by Alameda Money He Granted to His Father – What's Going On?
30.3.2023
The founder of the now infamous FTX exchange, Sam Bankman-Fried, has allegedly used the $10 million he had sent to his father while still the CEO of the fallen exchange for his legal fees.
Forbes reported, citing "two sources close to the company", that in 2021, while he was still the FTX...
FTX Has ‘Massive Shortfall’ in Assets, Say Bankruptcy Lawyers
2.3.2023
So far, $2.2 billion in assets have been identified in the wallets of accounts associated with FTX.com, of which only $694 million are in the most liquid assets
Alameda Gap Persists as Stunted Liquidity Holds Back Crypto Market
28.2.2023
February is ending, but the 'Alameda Gap' is not.
As the second month of this year is wrapping up, the prices in the crypto market have somewhat recovered from last year's crash. Still, the so-called 'Alameda Gap' resists filling, as the liquidity remains far from the levels seen before...
CoinDesk Wins a Polk Award, One of Journalism's Top Prizes, for Explosive FTX Coverage
20.2.2023
Three stories were honored, including Ian Allison’s scoop that led to Sam Bankman-Fried’s $32 billion crypto empire collapsing in days
Charity or Scam? Former FTX Executive's Foundation Accused of Making Profits from Employee Token Prices
15.2.2023
A former FTX executive’s foundation allegedly turned a donation of some $600,000 in FTT tokens into a whopping $150 million. And he now wants to cash out the frozen assets. ...
Read More: Charity or Scam? Former FTX Executive's Foundation Accused of Making Profits from Employee Token Prices
Sam Bankman-Fried lawyers reach agreement on use of messaging apps
7.2.2023
The agreement comes as a result of federal prosecutors looking to ban SBF from contacting current or former FTX and Alameda employees while on house arrest
Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research
25.1.2023
Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed documentation shows that Blockfi’s exposure to the bankrupt crypto firm FTX was more than what...
Breaking: BlockFi reportedly posts uncensored financials revealing $1.2 billion FTX exposure
25.1.2023
The documents previously censored financial information relating to FTX and Alameda Research, but uncensored copies were released by mistake
New York’s Chief Financial Regulator Mandates Firms to Separate Customers' Crypto Assets from Their Own
23.1.2023
New York’s chief financial regulator plans to release new guidance that will mandate companies to separate their own crypto assets from that of customers'.
The New York State Department of Financial Services (NYDFS) will also require state-regulated firms to disclose how they account for clients'...
New Report: Sam Bankman Fried’s Empire Began to Crumble Long Before the Crypto Crash – Here’s What Happened
3.1.2023
The crypto empire controlled by disgraced FTX founder Sam Bankman-Fried was fragile for years, with cracks starting to show up already in 2022, a new report has suggested.
According to the report, published by the Wall Street Journal on New Year’s Eve, Bankman-Fried’s crypto trading firm Alameda...
10 crypto tweets that aged like milk: 2022 edition
30.12.2022
Sam Bankman-Fried, Do Kwon and Alex Mashinsky might look back on this year and wish they had hired a social media adviser or logged off Twitter
Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible?
30.12.2022
SOL price jumped 20% after falling to its worst level since February 2021 with Solana's technicals suggesting that more upside is possible
A Look Inside Alameda – Sam Bankman-Fried’s Fallen Crypto Hedge Fund Investments Revealed Here
7.12.2022
The venture capital arm of Sam Bankman-Fried’s crypto trading firm Alameda Research had illiquid investments worth more than $5.4bn spread across nearly 500 companies, newly published documents have revealed.
The venture investments controlled by Bankman-Fried appears to have covered everything...
Alameda ex-CEO Caroline Ellison spotted in New York, Twitter users claim
5.12.2022
An unverified photo purportedly shows Caroline Ellison making an order at a New York cafe, leading to questions as to why she is back on US soil
FTM price rebounds 50% as Fantom reveals 30 years runway (without having to sell its token)
30.11.2022
The Fantom Foundation's attempt to dispel concerns about potential FTX exposure has been a success thus far for FTM price
Defi Chain Co-Founder: FTX’s Collapse Has Rekindled Interest in Defi and Associated Products
18.11.2022
According to Julian Hosp, co-founder of the decentralized finance entity Defi Chain, the fall of the crypto exchange FTX and the domino effect it has had may have rekindled interest in decentralized finance (defi) and associated products. Hosp, however, conceded that the crypto exchange’s...
Solana entities sold 50M tokens to FTX — How long will SOL price suffer?
16.11.2022
Most of FTX's Solana exposure stands vested, meaning the defunct exchange will gradually gain access to millions of SOL up until January 2028
Crypto Exchange Kraken Freezes Accounts of FTX, Alameda Research, Their Executives
13.11.2022
Crypto exchange Kraken has frozen a handful of accounts owned by the bankrupt FTX Group, Alameda Research, and their executives. Kraken has been in contact with law enforcement after discovering that an account on its platform was used in connection with unauthorized transfers at FTX. Kraken...
Sam Bankman-Fried is ‘under supervision’ in Bahamas, looking to flee to Dubai
13.11.2022
It is understood that Sam Bankman-Fried and two former FTX associates are currently being detained by Bahamian authorities