FTX Token Financial News

23.11 / 13:53

Blockchain Binance FTX FTX Token FTX’s FTT token rallies 28% — Binance effect or FTX 2.0 reopening?

Amid market uncertainties around Changpeng “CZ” Zhao’s departure as Binance CEO, defunct crypto exchange FTX’s native FTX Token (FTT) witnessed a brief bull run. FTT has surged in value over the past 48 hours, trading at $4.63 at the time of writing, a 28% increase from $3.56.

03.11 / 08:35

event Blockchain solana FTX FTX Token ‘We were worried about ecosystem startups' — Solana CEO on FTX collapse

The now-infamous collapse of FTX sent shockwaves through the broader cryptocurrency space in 2022, but the Solana ecosystem was particularly hard hit in the fallout.

12.10 / 10:41

business FTX Court Trial FTX Token Caroline Ellison testimony: SBF bribed Chinese officials for $150M to unfreeze funds

Caroline Ellison, the former romantic partner of embattled FTX founder Sam “SBF” Bankman-Fried and the former CEO of Alameda Research, has claimed in her courtroom testimony that SBF bribed Chinese officials for millions of dollars to unfreeze funds locked in local exchanges.

10.10 / 19:57

regulation Fraud FTX Trial FTX Token Financial FTX co-founder Wang discusses plea deal, knowledge of financial concepts at SBF trial

Day six of the trial of Sam Bankman-Fried saw the conclusion of former FTX chief technology officer Gary Wang’s testimony and the beginning of former Alameda Research CEO Caroline Ellison’s. Wang testified about his plea deal, among other things.

10.10 / 12:53

regulation FTX Court FTX Token SBF seeks to probe FTX lawyers’ roles in $200M Alameda loans

Sam Bankman-Fried’s legal team is looking for permission to probe the alleged involvement of FTX lawyers in the issuance of $200 million worth of loans from Alameda that were approved by Gary Wang.

10.10 / 10:29

Blockchain Altcoin Tether FTX FTX Token SBF’s Alameda minted $38B USDT to profit off arbitrage trading: Coinbase director

Blockchain data flagged by Coinbase director Conor Grogan indicates that Alameda Research redeemed over $38 billion for Tether (USDT) tokens in 2021 despite not having the equivalent assets under management.

09.10 / 11:47

regulation FTX Court FTX Token Sam stake Sam Bankman-Fried $500M Anthropic stake irrelevant to case, prosecutors say

United States prosecutors have requested the court presiding over Sam Bankman-Fried’s trial to bar his legal team from making any arguments relating to the potential recovery of FTX customer assets invested in Anthropic.

05.10 / 12:01

Blockchain defi FTX FTX Token Bitcoin Sam Sam Bankman-Fried inner circle to testify today

A young entrepreneur who made mistakes while running a crypto empire or a liar who stole and used people’s money to enrich himself? In the first hours of Sam “SBF” Bankman-Fried’s six-week trial, that was the tone between his defense counsel and the prosecution.

04.10 / 16:35

Blockchain regulation FTX FTX Token Bitcoin Alameda sent $4.1B of FTT tokens to FTX before crash: Nansen report

Blockchain data analysts from Nansen have revisited the days leading up to the collapse of FTX, including the transfer of $4.1 billion worth of FTT tokens between the exchange and Alameda Research.

03.10 / 22:07

regulation Fraud FTX Trial FTX Token Sam Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 1]

Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam Bankman-Fried. As the saga unfolds, check below for the latest updates.

02.10 / 22:27

Binance regulation Banks FTX Court FTX Token Class-action suit filed against Binance for alleged harm to FTX before its collapse

A class-action suit was filed against Binance.US and Binance CEO Changpeng Zhao on Oct. 2 in the District Court of Northern California alleging various violations of federal and California law on unfair competition for attempting to monopolize the cryptocurrency market by harming its competitor FTX. The suit was brought by Nir Lahav, who is identified only as a California resident.

02.08 / 00:33

FTX Bankruptcy FTX Token FTT FTX Unveils Reboot Plan for New Offshore Exchange under New Leadership

On July 31st, under its new CEO, John J. Ray III, the bankrupt cryptocurrency exchange FTX Trading Ltd. submitted a draft plan to "reboot" the collapsed crypto exchange.

01.08 / 13:19

Blockchain Law regulation FTX FTX Token Restructuring Plan FTX.com releases restructuring plan, hints at rebooted offshore exchange

FTX.com has outlined its intended re-organization plan that will categorize claimants of the bankrupt exchange into specific classes and pave the way for the exchange to become re-operational as an offshore entity.

19.02 / 09:55

Law regulation FTX FTX Token creditors Voyager creditors serve SBF a Subpoena to appear in court for a ‘remote deposition’

Representatives for Voyager's Unsecured Creditors have requested that former FTX CEO Sam Bankman-Fried (SBF) and a number of top-level executives from FTX and Alameda Research, provide documents and appear in court remotely next week for a deposition.

17.11 / 15:19

FTX FTX Token class action Backed Tom Brady and Larry David Face Class Action For Endorsing FTX, Suit Alleges They Backed ‘Unregistered Securities’

FTX investors have filed a class action lawsuit against the founder and former CEO of the collapsed cryptocurrency exchange, as well as several celebrities who promoted the platform.

16.11 / 15:45

FTX FTX Token Fried Sam New Development: Sam Bankman-Fried is Attempting to Raise New Capital to Fix FTX Problem

Founder and former CEO of FTX Sam Bankman-Fried is striving to raise fresh capital in a bid to make customers whole despite bankruptcy filings.

13.11 / 14:33

scam FTX FTX Token Former US Treasury Compares FTX Collapse to Infamous Enron Fraud – Crypto Regulation Incoming?

Former Treasury Secretary Larry Summers has compared the sudden fall of cryptocurrency exchange FTX to energy trader Enron's scandal in the early 2000s.

11.11 / 15:35

FTX FTX Token Fried Sam Sam Bankman-Fried Apologises, Tells Binance ‘You Won’

FTX CEO Sam Bankman-Fried has sent apologies in his first series of tweets since the collapse of FTX. "I f****d up, and should have done better," the CEO said.

11.11 / 13:31

FTX FTX Token Lost Customer FTX Used $10 Billion of Customer Funds to Prop Up Alameda Research, Lost it All – What Happens Next?

Sam Bankman-Fried’s troubled cryptocurrency exchange FTX lent billions of dollars in user funds to its sister company Alameda Research to fund risky bets.

09.11 / 15:57

Binance D2T FTX Token FTX Token Price Prediction - Can FTX Recover as it Falls 70% in 24 Hours

FTX Token price prediction is bearish as FTT has plunged over 80% from $22 to $4. On Tuesday, Sam Bankman-Fried shocked the cryptocurrency community by announcing that Binance would acquire his exchange, FTX.

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