News about FTX

News about Ftx

Scaramucci says Bitcoin declined on sales of Grayscale shares, amid FTX unwinding - DLNews

Scaramucci says Bitcoin declined on sales of Grayscale shares, amid FTX unwinding& & DLNews

Crypto CEO Claims ‘Ethereum Is The Next FTX’

In a controversial statement, Samson Mow, CEO of JAN3, known for pioneering nation-state Bitcoin adoption, sparked intense debate in the cryptocurrency community with his assertion on X (formerly Twitter): “Ethereum is the next FTX.” This...

FTX's Bankruptcy Plan Leaves Customers Struggling Amid Crypto Market Revival

The contrast between FTX's ongoing bankruptcy proceedings and the broader crypto market's revival underscores the volatility and risks in the cryptocurrency industry. (Read More)

How Justin Sun used his TRX and BTT coins to exploit and Rugpull and already Rugpulled and desperate FTX customers.

I was just watching Tiffany Fong's interview with someone (no idea his job's exact name) who buys settlements, etc. Anyway, the guy in the interview explained that when FTX shut down withdrawals as the news of their insolvency was hitting the...

Webb: Unmasking Farmington - FTX, Fluent Finance and the Coming Digital Dollar

Originally posted on Unlimited Hangout.One of the oddest and most mysterious relationships that emerged out of the collapse of FTX last year was Alameda Research’s unusual relationship with Farmington State Bank, one of the smallest, rural banks in t...

"FTX faces backlash after proposed estimation of customers’ Bitcoin at $16k, ETH at $1258, and SOL at $16. FTX debtors argue that its estimate reflects the "fair and reasonable" prices of these cryptocurrencies".

https://cryptoslate.com/ftx-faces-backlash-after-proposed-estimation-of-customers-bitcoin-at-16k/ "As such, the defunct crypto platform proposed estimating Bitcoin’s value at $16,871, Ethereum’s price at $1,258, and Solana’s SOL at $16. The firm...

Were attacks on ICP initiated by a master attack - multi-billion dollar price manipulation on FTX?

submitted by /u/nomorebonks [link] [comments]

FTX Sam Bankman-Fried Avoids Second Trial

Sam Bankman-Fried, convicted of fraud and money laundering in the FTX collapse, will not face a second trial, accelerating the case's resolution and victim compensation. (Read More)

FTX Creditors In Shock As Court Paper Priced BTC At $16,800

submitted by /u/No-Comparison-9307 [link] [comments]

No Encore: FTX Maestro Sam Bankman-Fried Escapes Second Criminal Trial

The meteoric rise and catastrophic crash of FTX, once a cryptocurrency empire helmed by the seemingly benevolent “King of Crypto” Sam Bankman-Fried, is a story far too complex to encapsulate in a single headline. While his conviction on c...

US prosecutors water down FTX Ex-CEO SBF’s second trial probability: no new evidence

US prosecutors deem the second trial unlikely for FTX’s ex-CEO Sam Bankman-Fried. Lack of new evidence cited; the initial trial covered major aspects of the case. The guilty verdict stands; sentencing is set for March 28, 2024, as scheduled....

DOJ Halts Second Trial Against FTX’s Bankman Fried, Citing Sufficiency of Initial Evidence and ‘Public Interest’

On Dec. 29, 2023, past 6 p.m. Eastern Time (ET), the Department of Justice (DOJ) conveyed in a letter to Judge Lewis Kaplan its decision to not move forward with a subsequent trial against Sam Bankman-Fried, the ex-CEO of FTX. FTX’s Bankman Fri...

FTT price prediction amid FTX’s repayment proposal as new hybrid exchange emerges

FTX Exchange bankruptcy and customer claims turmoil. FTT’s price rollercoaster: bullish momentum, bearish setbacks, technical signals. Pullix emerges as a DeFi alternative: PLX token’s Trade-to-Earn model. A recent court filing has reve...

FTX Debtors' Filing Sets Controversial Valuations for Cryptocurrency Claims Post-Collapse

TX debtors propose a valuation for user claims based on digital asset prices at the time of the exchange's collapse, sparking objections from users due to the significant rise in cryptocurrency prices since then. (Read More)

FTX debtors propose $16,871 Bitcoin price for creditor claims

submitted by /u/FitScore3115 [link] [comments]

Bankrupt FTX Stirs Controversy With Repayment Plan: Bitcoin Valued At $16,000 For Customers

In a recent filing on December 27, bankrupt cryptocurrency exchange FTX unveiled its repayment plan, triggering customer outrage and discontent. The plan, which values customers’ digital assets at the time of FTX’s collapse, offers a valu...

FTX debtors propose $16,871 Bitcoin price for creditor claims - Cointelegraph

FTX debtors propose $16,871 Bitcoin price for creditor claims& & Cointelegraph

FTX faces backlash after proposed estimation of customers' Bitcoin at $16k - CryptoSlate

FTX faces backlash after proposed estimation of customers' Bitcoin at $16k& & CryptoSlate

FTX Estate Faces Objections Over Lowered Crypto Claims Valuation Amid Bankruptcy Proceedings

On Dec. 27, 2023, FTX debtors released a projected valuation of claims involving digital assets, with the proposal suggesting conversion of claims into dollar amounts pegged to crypto asset values as of Nov. 11, 2022. Consequently, an individual who...

FTX Debtors Propose Litigation Settlement Over $220 Million Embed Acquisition

FTX debtors propose a $220M litigation settlement over their Embed acquisition, involving ex-CEO Sam Bankman-Fried, with the aim of recovering the full investment. (Read More)

Ripple Claims $11 Million In FTX Bankruptcy Case, Bolstering Legal Position

In a significant legal development within the ongoing bankruptcy case of defunct crypto exchange FTX, Ripple, the blockchain payment company, has emerged victorious with a claim on FTX assets. Notably, Ripple Singapore is the party making the claim a...

The Next FTX? MEXC Crypto Exchange Comes Under Fire For ‘Shady’ Activities

Seychelles-based crypto exchange MEXC has come under fire for allegedly locking users out of their accounts and seizing their funds. These actions, which the exchange claims were motivated by abnormal trading activities, have sparked concerns from th...

If FTX didnt collapse we would be up near $60k right now.

From $15,000 to $44,000 we are up 190%. 190% is a lot but the market still feels so bearish. It feels this way because the bear market was so brutal with all of the collapses like FTX, Celcius, 3AC etc. If we had bottomed at $20k instead of $15k this...

FTX's Former CEO Sam Bankman-Fried Denied Request for Prolonged Sentencing Process

The legal tussle surrounding Sam Bankman-Fried (SBF), the Former CEO of FTX, intensified after a federal judge denied his defense team's plea for an extended sentencing process. This decision occurred amid a looming second trial following SBF's recen...

FTX Digital Markets Secure Global Settlement: Positive Outcome For Customers?

In a significant development, FTX Debtors and FTX Digital Markets have announced a global settlement agreement with the Joint Official Liquidators (JOLs) representing FTX Digital Markets. The settlement, subject to court approvals, addresses the com...

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