Here’s How FTX Will Recover an Additional $1 Billion Due to AI Boom

2024-2-24 17:00

FTX will sell a 7.84% stake in Anthropic to recover $1 billion as Sam Bankman-Fried expects a trial next month. The post Here’s How FTX Will Recover an Additional $1 Billion Due to AI Boom appeared first on BeInCrypto.

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billion recover ftx boom due additional month

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Court greenlights settlement talks between BlockFi and FTX

On Nov. 14, U.S. Federal Judge Michael Kaplan gave a green light to cryptocurrency firms FTX and BlockFi to begin settlement discussions over a $1 billion dispute. The permission comes in the aftermath of BlockFi’s bankruptcy filing in November 2022, as it seeks to recover funds owed by FTX and its sister hedge fund, Alameda […] The post Court greenlights settlement talks between BlockFi and FTX appeared first on CryptoSlate.

2023-11-15 00:50


Alameda Research Accused Of Bribing Chinese Officials To Recover $1 Billion In Exchange Accounts

During the trial of Sam Bankman-Fried, the founder of crypto exchange FTX, shocking revelations emerged from the testimony of former Alameda Research CEO Caroline Ellison.   According to a TechCrunch report, Ellison testified that the crypto trading firm paid Chinese officials to unlock their Alameda trading accounts on OKX and Huobi in China.

2023-10-12 04:00


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Tether (USDT) Market Cap Shoots Past $50 Billion as Crypto Markets Recover

Erstwhile controversial stablecoin issuer Tether (USDT) now commands a market cap of over $50 billion. Tether Market Cap Goes Past $50 Billion Tether, the issuer of the world’s largest stablecoin USDT witnessed its market cap shoot past $50 billion today as the wider cryptocurrency markets displayed healthy recovery after being on a freefall for theRead More

2021-4-26 13:50