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SOL Drops 5% as FTX Estate Transfers Tokens to Binance, Kraken
6.11.2023
The $30 million transfer takes the total SOL moved to exchanges to $102 million, the most out of any liquid asset, while the token's price is near the highest in a year
FTX seeks sale of Grayscale and Bitwise trust assets worth $744 million
6.11.2023
The $744 million trust asset sale request comes after the judge approved the phased-out sale of nearly $3.4 billion in crypto assets a couple of months ago
FTX Seeks Bankruptcy Court Approval to Sell $744 Million Worth of Trust Assets, Including Grayscale and Bitwise Funds
6.11.2023
Bankrupt cryptocurrency exchange FTX and its debtors have sought approval from the bankruptcy court of Delaware to sell select trust assets, including funds from Grayscale and Bitwise, with an estimated value of $744 million. The proposed sale would be facilitated through an investment...
FTX Wants to Sell $744M Worth of Grayscale, Bitwise Assets
6.11.2023
Bankrupt crypto exchange FTX and its debtors have asked the U.S. Bankruptcy Court in Delaware to approve the sale of trust assets, funds of Grayscale and Bitwise amounting to an estimated $744m, through an investment adviser
Former SEC Official Warns SBF Conviction Is ‘Just the Tip of the Iceberg’ for All of Crypto
5.11.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement says the conviction of ex-FTX CEO Sam Bankman-Fried (SBF) is “just the tip of the iceberg” for the entire crypto industry. “People should not think that it’s safe to go back in the water...
FBI Dives Into FTX Customer Records — Field Offices Issue Subpoenas to Bankruptcy Consultants
4.11.2023
Reports indicate that the U.S. Federal Bureau of Investigation (FBI) has received data on FTX clients from the advisors of the now-insolvent firm. These consultants have complied with a minimum of five inquiries issued by the bureau’s local offices across various states. FTX Implosion Leads...
Fate of Sam Bankman-Fried’s Co-Defendants Uncertain: Prison Sentences Loom?
4.11.2023
With Sam Bankman-Fried, the convicted founder of FTX, facing the prospect of spending decades in a federal prison, some are wondering what lies ahead for his former colleagues and co-defendants. Nishad Singh, FTX’s director of engineering, Gary Wang, the exchange’s chief technical...
The Clock Ticks for Sam Bankman-Fried: Countdown to a Crypto Mogul’s Day of Reckoning
4.11.2023
A jury has unanimously convicted Sam Bankman-Fried on a slew of charges, encompassing wire fraud, conspiracy to engage in wire fraud, and money laundering among the seven counts. The following is an in-depth look at what will happen between now and Bankman-Fried’s sentencing, which is scheduled...
Sam Bankman-Fried Trial: Recap, Legal Analysis, and What’s to Come
3.11.2023
The landmark fraud trial against Sam Bankman-Fried came to a swift end Thursday night as the jury found him guilty on all counts after mere hours of deliberation. Bankman-Fried’s parents broke down as the jury revealed their decision, while the defendant stood motionless facing the jury....
A Tale of 2 SEC Commissioners
3.11.2023
FTX advisers sharing customers’ data with FBI: Report
3.11.2023
FTX advisers have complied with subpoenas from multiple FBI field offices in recent months, providing law enforcement with records of some customers’ trades
Who Won and Lost Most in Sam Bankman-Fried's Criminal Scheme?
3.11.2023
Ex-FTX Unit LedgerX in Gray Area Beyond CFTC Proposal on Customer Funds: Commissioner
3.11.2023
The U.S. Commodity Futures Trading Commission (CFTC) proposed a rule change Friday on how customer funds should be invested by firms the agency oversees – futures commission merchants (FCMs) and derivative clearing organizations (DCOs)
Could regulation have prevented Sam Bankman-Fried’s criminal verdict?
3.11.2023
Former FTX CEO Sam Bankman-Fried dreamed of being the President of the United States, but his lawlessness eventually caught up with him
FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts
3.11.2023
The recent surge in FTX claims is being attributed to its early investment in AI companies whose valuation has jumped in recent times
Terra Luna Classic Price as Sam Bankman-Fried Guilty Verdict Shifts Attention to Terra Founder Do Kwon’s Case
3.11.2023
The Terra Luna Classic price has dropped by nearly 4% in the past 24 hours, with the altcoin reacting badly to the news that a New York jury has found FTX’s Sam Bankman-Fried guilty of fraud. At $0.00006225, LUNC is now down by 1.5% in the past week, although it remains up by 10%...
XRP Price Prediction as XRP Jumps 10% to $0.60 Level – Here’s What’s Coming Next
3.11.2023
The XRP price has declined by 2% today, with the wider market suffering as a New York court finds FTX founder Sam Bankman-Fried guilty of fraud. Despite its drop, XRP has held to the $0.601658 level, marking a 10% gain in a week and a 15% jump in a fortnight. The coin has also risen […]
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Bitcoin Is Up 70% a Year After FTX Debacle, but 'Alameda Gap' in Liquidity Persists
3.11.2023
The 'Alameda gap' refers to the worsening of order-book liquidity following the collapse of the FTX group a year ago
FTX Claim Pricing Soars to New Heights Amid Skyrocketing AI Company Valuations
3.11.2023
The current claim pricing of FTX has seen a major surge, reaching a maximum of 55%, compared to as low as 6% in November last year. According to data provided by Claims Market, the bid and ask prices for FTX claims are currently quoted at 52% and 55%, respectively. In the context of a claims...
‘We were worried about ecosystem startups' — Solana CEO on FTX collapse
3.11.2023
Solana co-founder Anatoly Yakovenko reflects on the fallout of FTX's failure and its initial impact on Solana ecosystem builders