Cryptocoins News / The Cointelegraph - 11 months ago
The latest transfer was spread across eight tokens: StepN (GMT), Uniswap (UNI), Synapse (SYN), Klaytn (KLAY), Fantom (FTM), Shiba Inu (SHIB), Arbi...
Bitcoin News / Bitcoin.com - 11 months ago
The Delaware District’s U.S. Bankruptcy Court has greenlit the FTX estate’s disposal of trust assets. This sanction, issued on November 29, 2023, paves the way for the beleaguered crypto exchange to offload investments in several funds, i...
Cryptocoins News / Finance Magnates - 11 months ago
A recent court ruling has granted FTX permission to
sell approximately $873 million worth of assets held in trust. Around $700
million of these assets are from Grayscale's primary offering, the Grayscale
Bitcoin Trust (GBTC). The approval, dated Nove...
Bitcoin News / Bitcoinist - 11 months ago
The sale of around $873 million in trust assets by the insolvent cryptocurrency exchange FTX can now begin, and the money will go toward paying back creditors who were affected by the business’s bankruptcy in 2022.
A filing in a bankruptcy cour...
Cryptocoins News / The Cointelegraph - 11 months ago
Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust. Bankrupt crypto ex...
Cryptocoins News / Finance Magnates - 11 months ago
As the world hurtles into the future of decentralized finance and digital
assets, regulatory bodies are grappling with the challenge of overseeing crypto
firms that are beginning to emulate traditional banking services. In a recent
interview, Andrea...
Cryptocoins News / Blockchain - 11 months ago
The Financial Stability Board (FSB) report highlights the potential risks of multifunction crypto-asset intermediaries (MCIs) in crypto-asset markets, stating financial stability threats are limited. (Read More)
Cryptocoins News / The Cointelegraph - 11 months ago
The Financial Stability Board suggested the crypto industry might still require additional regulatory measures to prevent another FTX-like situation at the hands of crypto service provide...
Cryptocoins News / The Cointelegraph - 11 months ago
The group of FTX users is taking aim at the Mercedes Formula One team and Major League Baseball for allegedly helping FTX commit fraud by promoting the crypto exchange on its platforms....
Cryptocoins News / The Cointelegraph - 11 months ago
Binance.US attorney Matthew Laroche has asked a federal judge to consider ending the SEC’s investigation for potential fraud. The United States Securities and Exchange...
by COINS NEWS - 1 year ago
Ever since it was announced it seems like the majority of the attention has been on the fact that CZ was stepping down from Binance and not the fact that Binance has to pay $4.3B in fines.... and that this doesn't even cover the SEC lawsuit again...
Bitcoin News / Bitcoinist - 1 year ago
The former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), will have to remain in jail pending his sentencing and a possible appeal. This comes after the court recently ruled on his request for bail.
Court Upholds Sam Bankman-Fried’...
Bitcoin News / Bitcoin.com - 1 year ago
As Sam Bankman-Fried’s legal representatives gear up to appeal the ex-FTX chief’s recent verdict, they have requested the court for his provisional release from the Metropolitan Detention Center in Brooklyn, New York. Upon examination of...
Bitcoin News / Bitcoinist - 1 year ago
FTX Derivatives Exchange has carried out a new round of token transfers, with the latest data indicating that the defunct digital trading company traded about $36 million with Polygon (MATIC) and Avalanche (AVAX) in the last day.
Spot on Chain analyt...
Cryptocoins News / The Cointelegraph - 1 year ago
This surge suggests significant institutional attention despite the token’s historical association with FTX’s financial challenges. Amid market uncertainties around Ch...
Cryptocoins News / The Cointelegraph - 1 year ago
The surge suggests significant institutional attention despite the token’s historical association with FTX’s financial challenges. Amid market uncertainties around Cha...
Cryptocoins News / The Cointelegraph - 1 year ago
European Commission policy officer Ivan Keller highlights high-profile centralized exchange shortcomings as key reasons for the implementation of MiCA regulations in Europe....
Cryptocoins News / The Cointelegraph - 1 year ago
In an industry that is growing increasingly wary of financial malpractice, which exchange is the most trustworthy? The year 2022 saw a historic breakdown of trust in e...