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Breaking: FTX Has Begun Talks to Relaunch International Exchange – Rebranding Will Likely Be Part of the Process
28.6.2023
The failed crypto company FTX is apparently having initial talks with investors on bringing back the FTX.com exchange through structures such as a joint venture, a WSJ report said.
It is expected that FTX would undergo a rebranding process and also involve potential compensation arrangements...
TrueUSD’s Reserves Were Attested by Former FTX.US Accounting Team
28.6.2023
Armanino’s digital asset team rebranded itself to The Network Firm, as CoinDesk reported, to continue performing audits and attestations after the collapse of FTX
FTX sues Dan Friedberg alleging he used ‘hush money’ to silence whistleblowers
28.6.2023
The lawsuit claims Daniel Friedberg made a series of payments to whistleblowers to stop them from exposing the "true fraudulent nature" of the exchange
FTX suspends $500M sale of stake in AI firm Anthropic: Report
28.6.2023
Multiple buyers were reportedly eyeing up FTX’s stake in the AI firm that was being sold off to recover funds for creditors
FTX Co-Founder SBF and Inner Circle Accused of Lavish Spending and Fraud in Latest Bankruptcy Report
28.6.2023
On Monday, FTX released a second investigative report accusing co-founder Sam Bankman-Fried and senior executives of commingling customer deposits and corporate funds and misusing them. The report alleges that they spent $243 million on luxury residential real estate for senior staff and family...
FTX Pauses Sale of $500M Stake in AI Firm Anthropic: Bloomberg
27.6.2023
The move followed months of due diligence on the stake being done by the bidders, according to Bloomberg’s sources
Big Money on Big Names: FTX's Celebrity Spending Spree
27.6.2023
In a recent opinion piece, Bloomberg columnist Matt Levine delves into the extravagant spending habits of cryptocurrency exchange FTX, shedding light on the allure of celebrity endorsements and influential connections within the crypto industry.
According to Levine, FTX is perhaps the best example...
Under New Leadership, FTX Recoups $7 Billion Amid Recovery Efforts
27.6.2023
The new leadership team at FTX has recouped approximately $7 billion in liquid assets as the exchange continues recovery efforts.
The company has revealed that it has made “substantial progress” in securing assets, recovering as much as $7 billion in liquid assets so far.
The exchange owed...
Judge says arguments behind SBF’s motions to dismiss criminal charges are ‘moot or without merit’
27.6.2023
Former FTX CEO Sam Bankman-Fried will likely still face 13 criminal counts over two separate trials starting in October 2023 and March 2024
Judge Rejects FTX Founder Sam Bankman-Fried's Motions to Dismiss Criminal Charges
27.6.2023
U.S. Judge Lewis Kaplan denied several of Sam Bankman-Fried's motions to dismiss criminal charges against him. He had previously denied the FTX founder's remaining motions to dismiss charges
The Second FTX Asset Recovery Report Is Packed With Bombshells
27.6.2023
New claims put FTX and Alameda Research founder Sam Bankman-Fried and his friends even closer to the center of a brazen conspiracy
FTX splurged on cartoon, book about humans and 'Pineapple House,' alleges CEO
27.6.2023
Thousands in grants were given out by former FTX executives for niche projects, according to a report by FTX restructuring chief John Ray
FTX has recovered $7B in assets so far, has almost $2B to go to cover misappropriations
26.6.2023
Tracing funds is highly challenging, according to the FTX Debtors’ second interim report, and there is no doubt that that was by design
FTX Investment Was Correct Decision, Claims Sequoia Partner Alfred Lin
26.6.2023
Following the sudden crash of FTX exchange, many firms tied to the platform also suffered, and many more who had invested in the platform concluded that their investments were the wrong move.
However, American venture capitalist, Alfred Lin, who is also a partner at Sequoia Capital, has stood...
Sam Bankman-Fried Shot Crypto MasterClass Prior to FTX Collapse
26.6.2023
Disgraced crypto boss Sam Bankman-Fried had shot a tutorial video on cryptocurrency for MasterClass, a platform that offers courses taught by celebrity experts.
The video, made last summer, was not included with other lessons presented by crypto and blockchain experts that MasterClass announced...
FTX Bankruptcy Team Says the Exchange Owed Customers $8.7B
26.6.2023
Commingling and misuse of customer and corporate funds occurred from the inception of FTX, says current CEO John J. Ray III
Indonesia Labels 501 Cryptocurrencies as Commodities, Paving the Way for Regional Adoption
26.6.2023
In contrast to the regulatory stance taken by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Supervisory Agency (CFTSA) of the Republic of Indonesia has officially labeled 501 cryptocurrencies as commodities. The list of these digital assets includes popular tokens...
FTX User Names: Media Houses Appeal to Overturn Court Redaction Decision
25.6.2023
Several major media outlets have filed an appeal aiming to overturn a bankruptcy court's decision to redact the names of FTX users permanently.
In a recent filing with the US Bankruptcy Court for the District of Delaware, The New York Times, Dow Jones & Company, Bloomberg, and the Financial...
Tokenized FTX claim is used as collateral for a loan
24.6.2023
A creditor of now-bankrupted crypto exchange FTX pledged a $31,307 claim as collateral for a DeFi loan
FTX Seeks to Claw Back $700M in Lawsuit Over Alleged Funds Misappropriation and Influence-Building Scheme
24.6.2023
According to a lawsuit filed this week with the U.S. Bankruptcy Court for the District of Delaware, FTX lawyers are seeking to claw back $700 million from K5 Global Technology, its subsidiaries, and the firm’s founders. The attorneys allege that the defendants received funds without...