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FTX Says it Has Secured Assets Worth $5 Billion in First Ray of Light for Creditors
12.1.2023
Bankrupt crypto exchange FTX has recovered over $5 billion in cash and liquid assets that may be used to repay creditors, a lawyer of the platform has said during a bankruptcy court hearing.
On Wednesday, FTX attorney Andrew G. Dietderich said in federal court in Wilmington, Delaware that they...
Bahamas Regulator Disputes FTX’s Claim About Value of Seized Cryptocurrencies
5.1.2023
The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt crypto exchange was not $3.5 billion. The new FTX chief’s “continued lack of diligence when making public statements concerning the Commission...
Bahamas regulator denies asking crypto exchange FTX to mint new tokens
3.1.2023
Bahamas regulator fights back against being ‘publicly challenged’ by FTX against incorrect calculations of digital assets transferred under its control
Snowden to Musk: ‘I Take Payment in Bitcoin’; Big Short Investor Says Audits of Exchanges like Binance and FTX Are ‘Meaningless,’ and More — Week in Review
25.12.2022
Ahead of the holidays and new year, the former U.S. National Security Agency (NSA) contractor known to the world as a staunch privacy advocate and whistleblower, Edward Snowden, has offered to step up as the new CEO of Twitter after current “Chief Twit” Elon Musk has said he is stepping...
Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot
22.12.2022
Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent consensus mechanism pivot amongst them. Youssef...
Witcher 3 Hotfix Should Help Stop It From Crashing So Much On PC
19.12.2022
The Witcher 3’s next-gen upgrade has been delightful…when the game works. While there haven’t been any huge issues on Xbox Series X/S and PS5, PC is another story. CD Projekt Red now says a new hotfix released on Monday should help reduce at least some of the issues players have encountered with...
New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business
19.12.2022
According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J....
New FTX CEO: $1 Billion Worth of Assets Have Been Recovered – This is What You Need to Know
14.12.2022
John Ray III, the new CEO of collapsed crypto exchange FTX, has revealed that the new leadership has managed to recover $1 billion worth of assets.
On Tuesday, Ray, a bankruptcy expert who previously oversaw the aftermath of the collapsed energy giant Enron, testified with the US House Committee...
John J. Ray III Warned Not to ‘Obstruct’ Bahamas FTX Probe as He Gives Testimony
13.12.2022
The Securities Commission said Ray had a "questionable agenda" as a row over bankruptcy proceedings deepens
New FTX CEO Says ‘Unacceptable Practices’ by ‘Inexperienced and Unsophisticated Individuals’ Led to FTX Collapse – Here’s What Happened
13.12.2022
John Ray III, the new CEO of collapsed crypto exchange FTX, has claimed that Sam Bankman-Fried's crypto empire had virtually no corporate controls and a surprising lack of financial and other record-keeping.
In prepared remarks released Monday ahead of his testimony, Ray, a bankruptcy expert...
Vylepšený Portal s RTX vás vyvede z iluze, že máte výkonné PC
13.12.2022
Z patnáct let staré hry se díky moderním technologiím stala překážka i pro ta nezdatnější herní PC. Portal RTX zavaří i moderní grafické karty
10 Questions for FTX CEO John J. Ray III From a Securities Lawyer
12.12.2022
In his recent media tour, disgraced founder Sam Bankman-Fried claims he did not commit fraud. Someone that still has access to FTX and Alameda Research’s accounts could prove otherwise
Four Features That I Must Insist Every Game Includes
6.12.2022
I’ve played a lot of games in my lifetimes. I say ‘lifetimes’ because I have lived many different lives, all of which have been incredibly uneventful and have mostly revolved around playing different games.Read more
Callisto Protocol Devs Rush Out Patches For Busted PC And Xbox Versions, Promise More Updates
5.12.2022
Space survival horror shooter Callisto Protocol has now received two big patches after some versions of it were panned for performance issues at launch, and more fixes are on the way. After releasing the latest update to address frame rate drops and other problems with the Xbox Series X/S edition...
Sam Bankman-Fried Interview Reveals Dark Donations to Republicans, FTX’s ‘Poorly Labeled Accounting’
30.11.2022
On Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview was released. During the interview, SBF discussed who he thinks may have hacked FTX and he further denied he had...
FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated
22.11.2022
According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF transferred $10 billion in customer funds to Alameda Research, the company’s financials show between...
Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals
22.11.2022
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “to prioritize the preservation of franchise value as best we can in these difficult...
FTX leadership pressed for information by US subcommittee chairman
19.11.2022
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials
Brazil Based FTX Customers Organizing to File Class-Action Lawsuit
18.11.2022
A group of customers of the recently collapsed crypto exchange FTX, is organizing to take legal action against the company. The suit would be led by Ray Nasser, CEO of Arthur Mining, and will be brought by customers who had more than $100,000 on the exchange by the time of its bankruptcy. Brazilian...
New CEO Says FTX Is the Worst Case of Corporate Failure With Untrustworthy Financial Data and Unacceptable Practices
18.11.2022
The new CEO of FTX, appointed after the crypto exchange filed for bankruptcy, has blasted the company under former CEO Sam Bankman-Fried. “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred...