2022-11-8 14:26 |
BitDAO has today inquired about Alameda's commitment to holding BitDAO (BIT).
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BitDAO [BIT], the token of the Bybit contribution group, dumped as much as 20% in less than two hours after Alameda Research made moves to sell-off its BIT holdings. In an unanticipated tweet, BybThe post BitDAO in disarray after Alameda allegedly dumps BIT- Decoding details appeared first on AMBCrypto.
2022-11-9 08:00 | |
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The price of BIT, BitDAO’s native token, saw a massive drop in the early hours of November 8 where it hit a daily low of $0. 3031 before slightly rebounding as the day progressed. At press time, BIT was trading at $0.
2022-11-8 17:10 | |
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The BitDAO community has threatened to sell FTT tokens if Alameda fails to provide evidence that it continues to hold FTT tokens as promised. Alameda has promised to provide the evidence soon.
2022-11-8 09:16 | |
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FTX plans to start distributing $16 billion to creditors by March 2025. Distributions will begin 60 days after the Chapter 11 plan becomes effective in Jan. Customers must complete KYC verification and submit tax forms to receive payments.
Gary Wang is now the fifth former executive of collapsed crypto exchange FTX to be sentenced for their role in the company’s implosion. Wang received a sentence of time served and three years of supervised release and will forfeit $11 billion.
Former FTX chief technology officer and close friend of Sam Bankman-Fried, Gary Wang, won’t have to serve prison time for his involvement in the crypto exchange’s fraud scheme, The New York Times reported.
The US Department of Justice (DOJ) filed a civil forfeiture complaint to seize approximately $16 million in assets from a Binance account connected to an FTX bribery case, according to a Nov. 12 court filing.
The US Bureau of Labor Statistics released October’s Consumer Price Index data today. The annual inflation rate increased to 2. 6% from the previous 2. 4%, aligning with forecasts. Month-over-month, the inflation rate remained steady at 0.
Bankrupt crypto exchange FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, seeking to reclaim approximately $1. 8 billion. According to a Nov. 10 court filing, FTX alleges a complex series of actions that contributed to its financial downfall, placing Binance’s early involvement and Zhao’s actions in the spotlight.