Tag: FTX

Author of “Big Short” Michael Lewis Said to Be Nearly Finished With His SBF Book

The author of "Moneyball" and "The Big Short," financial journalist Michael Lewis, revealed to a crowd at the Bitcoin 2023 conference that he is...

According to Goldman Sachs, the Ultra-rich’s Interest in Cryptocurrencies Has Decreased

The high volatility of the cryptocurrency market over the past year, according to Goldman Sachs' most recent poll of institutional family office investors, has...

FTX Seeks to Recoup About $4 Billion in an Ongoing Bankruptcy Case

In a court filing on Wednesday, insolvent cryptocurrency exchange FTX claimed that similarly insolvent Genesis Global Capital owes them roughly $4 billion in funds. According...

Nine Million FTX Customer Identities Are Requested by the Media

The New York Times, The Financial Times, and Bloomberg have asked a U.S. bankruptcy court to disclose the names of 9 million FTX customers...

Ledgerx is Sold by FTX to a Miami-based Affiliate of an Exchange Holding Business for $50 Million

LedgerX, a futures and options exchange and clearinghouse, will be sold by FTX to a Miami International Holdings affiliate under a purchase agreement. The overall...

An Executive Claims That SBF Was “Constantly Spreading Fake Rumors” About Changpeng Zhao, the CEO of Binance

Before Bankman-Fried's cryptocurrency exchange FTX failed, Sam Bankman-Fried constantly disseminated untrue or racist stories about Binance CEO Changpeng Zhao, claims Binance Chief Strategy Officer Patrick...

Tribe Capital is Interested in FTX Proposed Restart Plan

The venture capital company Tribe Capital has expressed interest in FTX's proposed proposal to restart the insolvent crypto exchange, according to Bloomberg, citing anonymous...

Shaquille O’Neal Got Served in FTX Class Action

After three months of pursuing Shaquille O'Neal, lawyers for a class action lawsuit served the basketball star and former FTX promoter outside his Atlanta...

Mysten Labs Purchases Back FTX Stake for $96 Million

Mysten Labs, the designer of the Layer 1 blockchain Sui, has repurchased an ownership position that FTX purchased less than a year ago. The $96...

FTT Price Rallies as FTX Floats Possible Exchange Reopening

FTT, the crypto-token linked to the now-defunct crypto exchange FTX, surged in value on Wednesday. The obvious cause: a statement in bankruptcy court by FTX's...

Former FTX Sales Head Believes FTX Cryptocurrency Exchange Should Restart

According to the former head of institutional sales at the collapsed exchange, FTX should restart and create a token reflecting creditor claims. "At the very...

According to a Recent Report, Sam Bankman-Fried Considered Alameda “Unauditable”

Today, FTX's new management, led by CEO John Ray III, presented its first interim report on the crypto exchange's control failings. There is much...

Bankman-Fried, the Disgraced CEO of FTX, is Accused of Paying a $40 Million Bribe

In a newly revised indictment that was unveiled on Tuesday, FTX founder Sam Bankman-Fried was charged with paying $40 million in bribes to one...

BlockFi, a Bankrupt Cryptocurrency Lender, Will Refund Clients in California More Than $100,000

The California Department of Financial Protection and Innovation (DFPI) stated on Monday that BlockFi's request to distribute $103,471 in refunds to its clients in...

FTX Sues for Control of Bahamas Assets

FTX, the bankrupt cryptocurrency exchange, is suing the liquidators of its Bahamas company, alleging that FTX Digital Markets falsely claims ownership of the exchange...

The Date for FTX’s Auction of LedgerX Has Been Changed for the Third Time

On April 4, FTX will hold an auction for its derivatives market LedgerX. On March 18, FTX's counsel submitted a notice of revised dates in...