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FTX sues Sam Bankman-Fried and other former execs to claw back $1B
Former FTX and Alameda Research executives Sam Bankman-Fried, Caroline Ellison, Gary Wang and Nishad Singh were named in the suit from FTX. дальше »
2023-7-21 03:24
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Inside The Mind Of A Crypto Insider: Caroline Ellison’s Private Google Docs Expose FTX Scandal
The New York Times has reported that Caroline Ellison, the 27-year-old CEO of crypto hedge fund Alameda Research, could be a key witness in the upcoming criminal trial of Sam Bankman-Fried, the founder of cryptocurrency exchange FTX. дальше »
2023-7-21 00:00
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FTX sues over investments, donations made by charity arm to life sciences companies
The money was intended to add to Bankman-Fried’s political influence and goodwill and did not benefit FTX or Alameda Research.
дальше »2023-7-21 22:25
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Terraform Labs Plays Hardball In SEC Case, Requests Subpoena For FTX Documents
Terraform Labs (TFL), the developer of the failed Terra blockchain, has filed a court motion requesting permission to subpoena bankrupt cryptocurrency exchange FTX for relevant documents that it can use to defend itself against an ongoing case brought by the U. дальше »
2023-7-21 21:00
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Caroline Ellison’s private writings from the months leading up to Alameda, FTX collapse uncovered in legal discovery process
New reporting from The New York Times has revealed that Caroline Ellison, the former CEO of Alameda Research, kept private diaries before the collapse of Alameda Research and FTX, the crypto empire spearheaded by Sam Bankman-Fried. дальше »
2023-7-21 20:52
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FTX to clawback $71.5 million from Bankman-Fried’s NGO
FTX lawyers are looking to recover over $70 million of commingled user funds sent to founder's NGO дальше »
2023-7-20 20:46
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Terraform Labs Seeks FTX Subpoena as It Battles SEC Lawsuit
Terraform Labs has asked a judge to subpoena documents from FTX that the company hopes could help in its defense against the SEC. The post Terraform Labs Seeks FTX Subpoena as It Battles SEC Lawsuit appeared first on BeInCrypto. дальше »
2023-7-20 20:44
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FTX Data Requested by Terraform in SEC Lawsuit Battle
Terraform Labs, presently embattled in fraud charges from the U.S. Securities and Exchange Commission (SEC), has sought court approval to subpoena information from the now-defunct cryptocurrency platform, FTX дальше »
2023-7-21 20:16
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Terraform Labs requests to subpoena docs from bankrupt FTX in SEC case defense
Terraform Labs (TFL), the developer of the failed Terra blockchain, wants to subpoena bankrupt FTX for relevant documents it could use to defend its case against the U. S. Securities and Exchange Commission (SEC), according to a July 19 court filing. дальше »
2023-7-20 17:50
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FTX Users Potentially Targeted in Possible Phishing Attack as Bankruptcy Claims Deadline Nears
Multiple FTX users have received a "reset password" request from the defunct exchange's official email address as it appears a hacker is attempting to secure control of user's bankruptcy claims. дальше »
2023-7-20 17:45
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FTX Tries to Claw Back $71.5 Million From Its Philanthropic Arm
Bankrupt crypto exchange FTX is seeking to recover $71. 5 million in donations and investments made to life science companies, alleging the funds were commingled and thus avoidable under bankruptcy and Delaware codes. дальше »
2023-7-20 15:45
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Bankrupt FTX sues Sam Bankman-Fried for $71M to recover ‘political capital’ payments
Bankrupt exchange FTX filed a lawsuit against Sam Bankman-Fried, FTX Foundation, and several other entities to recover over $71 million, according to a July 19 court filing. FTX alleged that Latona, a sham non-profit company in the Bahamas, in compliance with the FTX Foundation, took over $71 million in commingled funds from Alameda and FTX […] The post Bankrupt FTX sues Sam Bankman-Fried for $71M to recover ‘political capital’ payments appeared first on CryptoSlate. дальше »
2023-7-20 14:20
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BlockFi CEO was aware of FTX’s conditions when lending to it
A recent court report alleges BlockFi CEO Zac Prince dismissed repeated warnings from his risk management team about the shaky financials of major counterparty FTX. According to the report, Prince pushed to increase lending to FTX and sister entity Alameda… дальше »
2023-7-19 16:25
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ASIC cancels FTX Australia’s license amid escalating crypto regulation
According to a statement released on July 19, the Australian Securities and Investments Commission (ASIC) canceled the Australian Financial Services (AFS) license held by FTX, a subsidiary operating in Australia, on July 14. дальше »
2023-7-19 14:20
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Australian regulator cancels license of FTX's local entity
The regulator will allow FTX Australia to provide limited financial services until 12 July 2024. The Australian unit of FTX had around 30,000 retail customers when it collapsed in November laThe post Australian regulator cancels license of FTX's local entity appeared first on AMBCrypto. дальше »
2023-7-19 12:30
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BlockFi CEO neglected warnings about FTX prior to collapse, court docs say
BlockFi’s downfall was precipitated by its company leaders neglecting warnings about potential risks tied to FTX and Alameda Research, as revealed in documents filed on July 14. BlockFi made the decision to halt withdrawals on Nov. дальше »
2023-7-15 02:45
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BlockFi CEO ignored risks from FTX and Alameda exposure, contributing to collapse: Court filing
Crypto lending firm BlockFi had roughly $1.2 billion in assets tied to FTX and Alameda Research when the firm filed for bankruptcy in November 2022. дальше »
2023-7-15 23:00
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FTX Goes After European Execs, Wants $323 Million Back
Collapsed crypto exchange FTX is now going after executives of its European subsidiary in a bid to recover $323 million. In a lawsuit filed in a US bankruptcy court in Delaware, the exchange claims it overpaid to acquire its European branch while accusing Sam Bankman-Fried and other company Insiders of mismanaging funds from creditors and […] дальше »
2023-7-14 16:00
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FTX Files Lawsuit in Attempt to Recover $323M From Europe Branch Insiders
FTX is suing its European arm, FTX Europe, to recover $323 million from insiders, alleging misuse of funds for personal enrichment. FTX Europe was established after FTX acquired Digital Assets AG for $400 million. дальше »
2023-7-14 10:27
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FTX Token (FTT) up 16% Following Teased Claim Portal: Details
FTX token joins altcoin uptrend amid community excitement on claims portal дальше »
2023-7-12 11:30
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Former FTX exec Ryan Salame under investigation for suspected campaign finance violations: WSJ
U. S. prosecutors have launched an investigation into Ryan Salame, formerly an executive with the cryptocurrency exchange FTX, to ascertain if he potentially violated campaign-financing laws in favor of his girlfriend, Michelle Bond, the Wall Street Journal reported July 11, citing people familiar with the matter. дальше »
2023-7-12 22:30
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FTX Former Executive Salame Caught in Federal Campaign Finance Probe: WSJ
Federal prosecutors are delving into the financials of Ryan Salame, a former executive of FTX, and Michelle Bond, a previous congressional candidate. Their inquiry focuses on a potential infringement of... дальше »
2023-7-12 19:26
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FTX Collapse Wiped Out Tom Brady’s $30 Million Investment: Report
The FTX collapse dealt a devastating blow to Tom Brady, the popular NFL quarterback, causing him to suffer significant financial losses. Known for his role as an ambassador for FTX, Brady frequently appeared in their commercials, endorsing the cryptocurrency company. дальше »
2023-7-8 15:24
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FTX Opposes Downgrading of Claims in BlockFi Bankruptcy Plan
FTX disputes BlockFi's recharacterization and argues the claims must undergo nuanced due process instead. The post FTX Opposes Downgrading of Claims in BlockFi Bankruptcy Plan appeared first on BeInCrypto. дальше »
2023-7-6 16:35
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SEC, FTX, and Three Arrows Capital contest BlockFi’s bankruptcy plans
The U. S. Securities and Exchange Commission (SEC), alongside bankrupt crypto firms FTX and hedge fund Three Arrows Capital (3AC), have objected to BlockFi’s bankruptcy plans, according to July 5 court filings. дальше »
2023-7-6 14:40
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Bitcoin Prices Are Hot, but Here’s What Could Crush the Rally
BTC has proved incredibly resilient to the perils of the past year, including FTX’s demise. But there are some macroeconomic surprises that could erect obstacles to further gains. дальше »
2023-7-6 19:00
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FTT soars as new FTX CEO says exchange restart possible
The FTX token has jumped to a new multi-month high after John Ray, the new chief executive of FTX, said he’s open to the idea of a fresh reboot for the failed crypto exchange. FTT, which has reacted higher multiple times this year on news of an FTX restart, the so-called FTX 2. дальше »
2023-6-29 11:58
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FTX Token (FTT) up 37% as Reboot Plans Go Viral
As FTX leadership makes more emphatic moves to relaunch, investors have gone bullish on FTT token дальше »
2023-6-29 11:04
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FTT Flies 45% On Rumors Of FTX Planned Relaunch
FTT, the native currency of FTX and its ecosystem, is up 45% when writing on June 28. This positive price action follows a report by the Wall Street Journal that the exchange’s new management has started receiving proposals from parties interested in restarting the exchange. дальше »
2023-6-29 05:00
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FTX sues ex-compliance officer Daniel Friedberg
Current leadership for FTX sued the company’s former compliance officer, Daniel Friedberg, as seen in a court filing dated June 27. Friedberg allegedly breached duties The filing broadly alleges that Friedberg breached his fiduciary duties and engaged in misconduct. дальше »
2023-6-29 02:49
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It's Official: FTX Is Going to Relaunch
FTX is aiming at full relaunch, suggests WSJ дальше »
2023-6-28 16:18
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FTX invites investors to register interest to restart rebranded exchange – report
Investors eager to help FTX reboot its global exchange must register their initial interest this week, the Wall Street Journal reported on June 28, citing sources familiar with the matter. FTX CEO John J. дальше »
2023-6-28 15:01
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FTX’s $500m stake sale in AI startup delayed, hampering $2b deficit recovery
FTX’s sale of its $500 million stake in Anthropic, an AI startup, has been halted, making it harder for the bankrupt crypto exchange to address its $2 billion deficit. According to insiders familiar with the matter cited by Bloomberg on… дальше »
2023-6-28 11:35
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Bankrupt FTX Crypto Exchange Faces Further Setbacks, Anthropic AI Startup Sale Abandoned
Crypto exchange FTX has stopped the sale of AI startup Anthropic, despite multiple bidders showing interest. The judge has upheld most criminal charges against FTX's Sam Bankman-Fried. The post Bankrupt FTX Crypto Exchange Faces Further Setbacks, Anthropic AI Startup Sale Abandoned appeared first on BeInCrypto. дальше »
2023-6-28 09:59
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FTX suspends $500M sale of stake in AI firm Anthropic: Report
Multiple buyers were reportedly eyeing up FTX’s stake in the AI firm that was being sold off to recover funds for creditors.
дальше »2023-6-28 04:57
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The Second FTX Asset Recovery Report Is Packed With Bombshells
New claims put FTX and Alameda Research founder Sam Bankman-Fried and his friends even closer to the center of a brazen conspiracy. дальше »
2023-6-28 18:24
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FTX recovers $7b, making strides in creditor repayment
FTX, the cryptocurrency conglomerate formerly helmed by Sam Bankman-Fried, has successfully retrieved a substantial portion of the outstanding funds owed to its creditors, per information from a report. дальше »
2023-6-27 14:27
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FTX Token (FTT) up 15%, Here's Why
FTX exchange reignites hope for creditors, with FTT token jumping in tandem дальше »
2023-6-27 13:03
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Crypto Bankruptcy Investor Ouroboros Eyes Smaller Claims
The platform automates the due diligence process for buying cryptocurrency bankruptcy claims in firms like FTX or Celsius, providing previously missing liquidity for creditors owed around $50,000. дальше »
2023-6-27 13:00
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FTX splurged on cartoon, book about humans and ‘Pineapple House,’ alleges CEO
Thousands in grants were given out by former FTX executives for niche projects, according to a report by FTX restructuring chief John Ray. дальше »
2023-6-27 09:10
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FTX Executives Knew of $8.9 Billion in Missing Customer Funds in August 2022
The latest report from FTX and its debtors contains startling revelations. Namely that the disgraced crypto exchange knew of a more than $8 billion hole as far back as April 2022. The post FTX Executives Knew of $8. дальше »
2023-6-27 23:52
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