Cryptocoins News / Blockchain - 8 months ago
FTX and Alameda have agreed to an "in principle" settlement with BlockFi, potentially paying up to $874 million, marking a significant development in the ongoing bankruptcy saga. (Read More)
Cryptocoins News / CoinJournal - 8 months ago
Pantera Capital initiates $250M fundraise for discounted SOL tokens from FTX Estate.
Pantera Capital’s target price is $59.95 per SOL, 57% lower than the current market value of $142.
FTX holds 41.1M SOL, valued at $5.4B.
Pantera Capital, a r...
Bitcoin News / Google News Bitcoin - 8 months ago
Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto& & ABC News
Bitcoin News / Google News Bitcoin - 8 months ago
Bitcoin bounces to an all-time high less than two years after FTX scandal clobbered crypto& & The Associated Press
Bitcoin News / Bitcoinist - 8 months ago
Solana (SOL) is currently riding a wave of its own, rallying significantly in the last 24 hours to a 22-month high. Interestingly, there is reason to believe that FTX’s former CEO, Sam Bankman-Fried (SBF), might have contributed to this bullish momen...
by COINS NEWS - 8 months ago
Scam Email? - FTX Just received an email this morning from ‘FTX’. Assuming it’s fake because the email is asking for standard KYC info PLUS a proof of address document (utility bill/bank statement/tax doc/etc) and a ‘Verify me’ button. It’s from no-r...
Bitcoin News / Bitcoinist - 8 months ago
Former workers of FTX and Alameda Research have secured $17 million to establish Backpack, a cryptocurrency exchange. They are among the businesses attempting to bridge the void created by the demise of their previous employer, Sam Bankman-Fried̵...
Bitcoin News / Bitcoinist - 8 months ago
In a recent investigation by The New York Times, new revelations have come to light regarding the involvement of Sam Bankman-Fried, the disgraced co-founder of FTX, with Solana’s native cryptocurrency, SOL, and his ongoing legal battle.
The re...
Bitcoin News / Bitcoinist - 8 months ago
The lawyers of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), have proposed to the court how many years their client should spend in prison. As part of the argument, the legal experts explained why SBF should not get the...
Cryptocoins News / Finance Magnates - 8 months ago
The lawyer representing Sam Bankman-Fried, the Founder of
FTX, urged US District Judge Lewis Kaplan yesterday (Tuesday) to consider a
lenient sentence for his client's conviction related to the alleged
misappropriation of funds from customers of the...
Bitcoin News / Bitcoinist - 8 months ago
FTX has recently reached an agreement on the sale of its European branch following a legal dispute between the exchange’s management and the eventual buyers. This development comes as the embattled crypto exchange continues to gather more liqui...
Cryptocoins News / CoinJournal - 9 months ago
FTX sought to claw back $323 million from founders of FTX Europe, a crypto platform the bankrupt exchange acquired in 2021.
According to court documents, FTX argued the exchange had overpaid for the startup.
The settlement means FTX Europe founders...
Bitcoin News / Bitcoinist - 9 months ago
A United States Judge has granted the request of FTX, the bankrupt cryptocurrency exchange, to sell off its substantial stake in an Artificial Intelligence (AI) startup company, Anthropic, enabling the exchange to accumulate more funds to repay its c...
Bitcoin News / Bitcoinist - 9 months ago
The collapse of FTX filled the crypto community with uncertainty and contributed to shaping the market in the following years. Since then, the crypto industry has seen better days, and newly launched projects have a healthier landscape to navigate.
H...
Bitcoin News / Bitcoinist - 9 months ago
According to a Bloomberg report, Sam Bankman-Fried, the founder of now-bankrupt crypto exchange FTX, will make a “rare” court appearance in New York on Wednesday after being convicted in November for a multi-billion dollar fraud involving...
Bitcoin News / Bitcoinist - 9 months ago
In a challenging year for creditors of bankrupt investment firms Three Arrows Capital (3AC) and FTX’s trading arm Alameda Research, a recent surge in Worldcoin (WLD) has provided some solace.
The coin, which is associated with the crypto project co-...
Cryptocoins News / Finance Magnates - 9 months ago
The crypto hedge fund Tyr Capital is embroiled in a contentious
dispute with one of its clients regarding its exposure to the bankrupt digital
assets exchange FTX.Tyr Capital Faces $22 Million Claim Tyr Capital stands accused of "criminal"
mismanagem...
Cryptocoins News / Blockchain - 9 months ago
Lookonchain's analysis outlines the $1.19 billion worth of cryptocurrency holdings by bankrupt FTX/Alameda, with the FTT token leading at $482.98 million. As the crypto market experiences a bull run, these holdings, including BTC and ETH, could signi...
More / Bitcoin Reddit - 9 months ago
Here is a picture of SBF in prison. Not sure why he is so fat with thin wrists but I guess that’s what veganism will do to you. Now get your damn Bitcoin off an exchange and go eat a damn steak ???? submitted by /u/Underwelmed_...