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Best Crypto to Buy Now October 17 - Solana, Bitcoin SV, ApeCoin
17.10.2023
A proposed settlement filed on October 16 could see FTX customers receive the majority of their lost funds by the second quarter of 2024.
The settlement comes after months of discussion between FTX debtors and creditor groups, including an unsecured creditors committee and a non-US customers...
FTX Executive continues Testimony in SBF Trial, Gives Details on Discovering Alameda's $8 Billion Debt
17.10.2023
Nishad Singh, former head of engineering for FTX, resumed his time on the witness stand Tuesday morning after a gripping testimony yesterday.
Beginning his cross-examination, Singh called FTX's business spending "too large" and stated much of it "didn't make sense."...
Read More: FTX Executive...
Sam Bankman-Fried’s Digital Footprint Jumps Amid Trial, But Fails to Surpass FTX Collapse Peak
17.10.2023
According to Google Trends statistics, Sam Bankman-Fried’s search popularity surged just before his trial, maintaining an upward trend. Yet, it hasn’t matched the peak seen during FTX’s November 2022 collapse and his arrest that followed the next month. Trials and Trends:...
Nishad Singh says there was 'a lot' he didn't remember about FTX in 2022 — SBF trial
17.10.2023
Sam Bankman-Fried's defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16
SBF Trial: For Once, Bankman-Fried's Lawyer Lands a Punch
17.10.2023
Sam Bankman-Fried's former colleague, Nishad Singh, will have to answer questions from the FTX founder's lawyer about the last few years of the exchange's operations
How African Students Became Victims of FTX’s Collapse
17.10.2023
“We saw an exchange that was supposedly better than every other one we had used, so we let a lot of family and friends get involved with the FTX platform,” FTX Africa’s former education lead Pius Okedinachi told CoinDesk
First Mover Americas: FTX Proposes Returning Up to 90% of Customer Funds
17.10.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
SBF Trial: FTX Exec Felt ‘Suicidal’ in Crypto Exchange’s Final Days
17.10.2023
Nishad Singh told a jury on Monday that his September meeting with Bankman-Fired was the first time he realized that Alameda, FTX’s sister trading firm, had spent billions of dollars of FTX user deposits, and had left a gaping hole in both companies’ balance sheets
FTX Customers May See 90% Asset Return by Q2 2024 in Amended Proposal
17.10.2023
Customers of the now-bankrupt cryptocurrency exchanges FTX and FTX.US are looking forward to the possibility of reclaiming more than 90% of their assets as part of an amended proposal.
This plan aims to return funds that were held by the exchange before its collapse in November of the previous...
FTX Plans to Return 90% of Customer Funds, But There's a Catch
17.10.2023
An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved
Bankman-Fried Lawyers Claim He’s Not Getting Enough Adderall
17.10.2023
Attorneys for FTX founder Sam Bankman-Fried say he’s having trouble focusing during his criminal trial because he’s not getting his prescribed dose of Adderall each day. In a letter to the judge Sunday, lawyers said Bankman-Fried has gone without his medication most of the day, leaving...
FTX customers could get $9B shortfall claim payout by mid-2024
17.10.2023
A proposed settlement could see creditors receive a shortfall claim of $8.9 billion for FTX.com and $166 million for FTX US
FTX Executive Describes Final Days of Doomed Crypto Exchange: "I'd Been Suicidal for Some Days"
17.10.2023
FTX's former head of engineering, Nishad Singh, finished up his direct examination in Manhattan federal fourt Monday afternoon by recounting the details of the crypto company's collapse.
In his testimony, Singh stated that he found FTX founder Sam Bankman-Fried's spending "excessive"...
FTX Engineer Reveals $8B Bug, Lavish Spending, and Political Donations in Explosive Testimony Against Bankman-Fried
17.10.2023
Nishad Singh, former director of engineering at FTX, testified this week against his former boss Sam Bankman-Fried, detailing a software bug that hid billions in missing funds and excessive spending on celebrities and real estate. Singh Points Finger at $8 Billion Bug and Bankman-Fried’s...
Former FTX engineering director faces up to 75 years in prison following guilty plea
16.10.2023
Nishad Singh's testimony was seemingly part of prosecutors' strategy to establish Sam Bankman-Fried had been behind Alameda Research using FTX user funds
SBF and Caroline Ellison conspired to keep Bitcoin under $20K, but did it work?
16.10.2023
SBF, Caroline Ellision, Alameda and FTX may have conspired to keep Bitcoin price below $20,000, but is it actually possible and worth the effort?
Solana Price Prediction as SOL Pumps Up 10% on Spot Bitcoin ETF and FTX Estate Staking Optimism
16.10.2023
Solana (SOL) is the best-performing cryptocurrency in the top 20 by market capitalization in the past 24 hours, as per CoinGecko, with the SOL price having pumped a massive near 10% on the day....
Read More: Solana Price Prediction as SOL Pumps Up 10% on Spot Bitcoin ETF and FTX Estate Staking...
The explosive revelations of Caroline Ellison: Law Decoded
16.10.2023
SBF’s former girlfriend admits to fraud during her time as CEO of Alameda Research
FTX Estate Stakes $122 Million Worth of Solana: On-Chain Report
16.10.2023
The FTX bankruptcy estate has staked over 5.5 million Solana (SOL) tokens, valued at a substantial $122 million, from one of the exchange’s main Solana blockchain wallets.
The action was revealed through on-chain data from blockchain explorer SolanaFM and was first reported by The Block.
One...
From Larry David to Tom Brady, FTX paid $1.13 Billion in Endorsement Deals says Former Head of Engineering
16.10.2023
The trial of Sam Bankman-Fried readjourned Monday morning with FTX's former head of engineering, Nishad Singh, beginning his testimony.
Calling the FTX founder "a formidable character," "brilliant," and "intimidating," Singh first met Bankman-Fried when the two were in high school but didn't...