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Solana Founder Unfazed by FTX Troubles and Growing Blockchain Competition – Here's the Latest
5.5.2023
Solana Labs founder Anatoly Yakovenko remains confident about the prospects of the Solana blockchain amid increasing competition from other emerging blockchain networks.
At least six blockchain networks are set to launch soon, with Scroll, Linea, and the Coinbase-backed Base projects already...
FTX Boss Ryan Salame’s Maryland Home Searched by FBI in Unexplained Raid
28.4.2023
According to unnamed sources, the home of Ryan Salame, the former co-chief executive of FTX Digital Markets, was searched by the U.S. Federal Bureau of Investigation (FBI) on Thursday. The grounds for the raid remain unknown, and neither Salame nor his legal representative have offered...
'The war room was despondent' — Scaramucci recounts FTX collapse at Consensus
28.4.2023
The Skybridge founder said that Binance CEO Changpeng Zhao is not to blame for the collapse
Scaramucci Recounts Harrowing Final Days of FTX, Visit to Bahamas to See Sam Bankman-Fried
27.4.2023
The SkyBridge founder walked in on a “war room” when he traveled to talk face to face with the now-disgraced Bankman-Fried as the exchange unraveled
Bahamian Prime Minister Doesn’t Regret FTX
27.4.2023
The Bahamas recently overhauled its crypto regulations and says its “open for business” for legitimate digital assets companies
Veteran Crypto Reporter Brady Dale Discusses New FTX Book
27.4.2023
The former CoinDesker has written an account of Sam Bankman-Fried's downfall, and longevity of decentralized finance (DeFi)
Bahamas Seeks to Tighten Its Crypto Laws Following FTX Collapse
26.4.2023
A bill published for comment includes restrictions on stablecoins, proof-of-work mining and crypto staking
Judge approves taps on SBF’s parents’ phones to meet bail conditions
25.4.2023
Surveillance software installed on Sam Bankman-Fried’s parents’ phones will track every minute of their activity across browsers, messaging and calls
Sam Bankman-Fried's Lawyers Encounter Challenges Meeting Bail Conditions, Struggle to Monitor Parents' Phones
24.4.2023
Lawyers for disgraced FTX co-founder Sam Bankman-Fried are struggling to meet conditions for their client’s bail, including a requirement that phones used by Bankman-Fried’s parents take photos of the user “every five minutes.”
The problems with meeting the conditions of Bankman-Fried’s bail were...
Spreading misinformation about Changpeng Zhao 'was the norm' for SBF, says Binance CSO
21.4.2023
Binance chief strategy officer Patrick Hillmann claimed former FTX CEO Sam Bankman-Fried was "constantly" using his platform to disparage CZ without considering the FTX Token sale
Taylor Swift Rejected Crypto Exchange FTX’s Sponsorship Offer Over Unregistered Securities Concerns
20.4.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, reportedly turned down a $100 million sponsorship offer from the now-bankrupt cryptocurrency exchange FTX due to concerns about unregistered securities. A number of FTX celebrity endorsers are currently facing a class action lawsuit...
FTX Exchange's Revival Plan Attracts Potential Bid from Tribe Capital – Will Sam Bankman-Fried Be Involved?
19.4.2023
An effort to revive collapsed crypto exchange FTX has drawn interest from Tribe Capital, a venture firm seeking to lead a $250 million fundraising campaign for the new platform.
According to a Tuesday report from Bloomberg, Tribe is considering injecting new capital to reboot FTX. The VC firm...
NBA Hall of Famer Shaq Served in FTX Investor Suit
18.4.2023
A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX....
FTX Victims' Lawyers Face Challenge in Serving NBA Legend Shaquille O'Neal – What's Going On?
17.4.2023
Legendary basketballer Shaquille O'Neal has been served in a class-action lawsuit against FTX founder Sam Bankman-Fried - but it wasn't easy, the plaintiffs' lawyers have claimed.
On April 17, the class action litigation law firm The Moskowitz Law Firm said that the plaintiffs in...
Financial Services chair McHenry send SEC second request for records related to SBF arrest
13.4.2023
Sam Bankman-Fried was arrested just before his committee appearance was scheduled
FTX Recovers $7.3 Billion in Assets, Considers Rebooting Exchange in Q2 This Year
13.4.2023
FTX is considering rebooting its platform amid reports that the bankruptcy team has managed to stabilize the situation and recover a huge portion of the missing assets.
The now-defunct crypto exchange has recovered over $7.3 billion in cash and liquid crypto assets, an $800 million increase from...
FTX’s Bankruptcy Lawyers: ‘The Dumpster Fire Is Out’
12.4.2023
Five months after the spectacular implosion of FTX, the Bahamas-based exchange’s new legal team has a message for both the U.S. bankruptcy court and creditors alike: “The situation has been stabilized and the dumpster fire is out.”
FTX has recovered $7.3B in assets, will consider rebooting exchange in Q2 2023
12.4.2023
Sam Bankman-Fried's failed cryptocurrency exchange filed for bankruptcy in November 2022 and has since been mired in court proceedings
FTX Debtors Unveil Report That Identifies and Discusses Control Failures by Sam Bankman-Fried Led Management
10.4.2023
FTX Debtors said on April 9 that it had released a report that “identifies and discusses control failures” by Sam Bankman-Fried and his colleagues when they ran the collapsed cryptocurrency exchange. John Ray, the CEO of the FTX Debtors, said the FTX Group “was tightly controlled...
Bitcoin Proponents Accuse the New York Times of Publishing One-Sided ‘Hit Piece’ on Bitcoin Mining
10.4.2023
After the New York Times was accused of writing favorable pieces about disgraced FTX co-founder Sam Bankman-Fried and inviting him to speak at the news outlet’s Dealbook Summit, it is once again being criticized for publishing a “hit piece” about bitcoin mining....