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FTX Revises Crypto Asset Sale Proposal Amid U.S. Trustee's Concerns
14.9.2023
In a recent filing, bankrupt crypto exchange FTX modified its proposed guidelines for liquidating its substantial crypto holdings, addressing concerns raised by the U.S. trustee.
In response to objections raised by the U.S. Trustee on their previous filings, FTX made significant revisions to their...
All I Had Was a ‘Simple Calculator’ — Former Mt Gox CEO Draws Parallels With Bankman-Fried’s Journey
14.9.2023
Sam Bankman-Fried, the former CEO of FTX, has been denied temporary release from prison after his legal team complained about his ability to prep for trial and his laptop’s alleged lack of internet access. On Tuesday, the former CEO of Mt Gox, Mark Karpeles, shared his experience after he...
FTX Approved to Sell $3.4B in Crypto; Tron’s Justin Sun, DWF Labs Consider Buying Cache
13.9.2023
The bankrupt crypto exchange FTX received permission to sell its crypto assets valued at more than $3.4 billion after John Dorsey, the presiding bankruptcy court judge, approved the motion. Moreover, Tron founder Justin Sun took to social media and said he is considering an offer for FTX’s...
FTX Co-Founder Sam Bankman-Fried Requests Juror Questions Ahead of Trial – What Was Asked?
13.9.2023
Disgraced former FTX CEO Sam Bankman-Fried has submitted a list of proposed jury questions to a Manhattan federal court as he prepares for his upcoming fraud trial.
According to a Bloomberg report from Tuesday, some of the questions aim to gauge potential jurors' attitudes towards crypto...
Breaking: Court Approves FTX’s Request to Liquidate Crypto Assets – Which Coins Will Be Impacted?
13.9.2023
In a major development today, FTX has received judicial approval to liquidate its cryptocurrency assets to repay its creditors.
The permission came from the U.S. Bankruptcy Court for the District of Delaware. This move enables FTX, which is undergoing bankruptcy proceedings, to not only sell...
Biggest Crypto Gainers Today on DEXTools – RICKY, DOJO, EMOTI
13.9.2023
Major cryptocurrency prices are trading with a modest positive bias on Wednesday.
Bitcoin (BTC) was last a little higher in the last 24 hours in the $26,300s, as was Ether (ETH) which was last changing hands just above $1,600.
The latest US inflation numbers, whilst a tad above expectations...
Bitcoin Steady at $26K, SOL Slightly Dips After FTX Gets Approval to Sell Crypto
13.9.2023
Crypto exchange FTX got court approval to sell part of its $3.4 billion digital asset holdings
Court approves sale of FTX digital assets
13.9.2023
Assets will be sold off weekly, with special handling for BTC, ETH and "insider-affiliated tokens."
Solana Price Prediction as SOL Dips Following Court Approves FTX’s Request to Liquidate Crypto Holdings
13.9.2023
Solana (SOL), the cryptocurrency that powers the layer-1 smart-contract-enabled Solana blockchain, has dipped around 2% in the last half an hour, and was last trading around $18.10, down close to 2.5% from earlier session highs in the $18.50s.
Weighing on SOL was the news that a court presiding...
Judge Allows Bankrupt FTX to Sell Its Crypto Holdings, Including BTC and SOL
13.9.2023
Crypto exchange FTX can sell and invest its crypto holdings to pay back creditors, a judge in the U.S. Bankruptcy Court for the District of Delaware ruled Wednesday
Huobi’s new name HTX raises community eyebrows
13.9.2023
Huobi’s new name HTX stands for exchange, the blockchain project Tron and the company’s 10th anniversary
Huobi Crypto Exchange Rebrands to HTX to Mark 10-Year Anniversary – Here’s the Latest
13.9.2023
Digital asset exchange, Huobi rebrands to HTX as it celebrates its 10th anniversary offering rewards to the community.
Although no official announcement was made, the exchange has changed its official social media handles and community pages to HTX. The company’s web pages now bear HTX including...
FTX Tweaks Crypto Sale Proposal to Placate U.S. Government
13.9.2023
The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned
Sam Bankman-Fried Remains Stuck in Jail
13.9.2023
Sam Bankman-Fried lost a bid to be released from jail ahead of his trial next month. All hope isn’t lost for him, but time is running out for the FTX founder
Fear of FTX-Spurred Crypto Crash Is Overblown, Analysts Say
12.9.2023
Crypto markets slumped Monday, possibly in part due to fears of FTX unloading its $3.4 billion crypto assets
Judge Denies Sam Bankman-Fried's Bid for Release From Jail Ahead of Trial
12.9.2023
A federal judge refused Sam Bankman-Fried's bid to be released from jail ahead of trial on Tuesday
Former FTX CEO Sam Bankman-Fried Allegedly Being ‘Extorted and Physically Harmed’ in Jail
12.9.2023
Jeremy Lorenzo, aka “Poops,” has given more insights on the difficulties that former FTX CEO Sam Bankman-Fried is allegedly facing during his stay at Brooklyn Metropolitan Detention Center (MDC). Lorenzo shared that Bankman-Fried had computer code confiscated and that he might have been...
Bitcoin Price-Volatility Correlation Turns Negative Again as Crypto Traders Eye FTX Liquidations
12.9.2023
The shift from positive correlation comes amid concerns the looming $3 billion FTX liquidations will crater the crypto market
Tron's Justin Sun Considers Buying FTX's Holdings Tokens to Ease Selling Impact on Markets
12.9.2023
A potential liquidation of FTX holding tokens will have a significant impact on the market as the figure hits $1.3 billion in assets experts opine.
Justin Sun, the founder of Tron Network contemplates making a bid for the assets held by FTX to reduce the impact a sale could have on the market...
DOJ 'Overreaching' in Trying to Block Sam Bankman-Fried's Proposed Witnesses, Defense Says
12.9.2023
Prosecutors with the U.S. Department of Justice are trying to limit FTX founder Sam Bankman-Fried's right to a fair trial by moving to block all of his proposed expert witnesses, defense attorneys said. The DOJ, for its part, said the defense mischaracterized a proposed prosecution witness's...