FTX Financial News

13.09 / 19:33

regulation FTX Bankruptcy Court approves sale of FTX digital assets

The Delaware bankruptcy court has approved the sale of FTX digital assets. Judge John Dorsey made the ruling at a hearing on Sept. 13. Major changes were made to the order authorizing the sale on the previous day.

13.09 / 18:25

solana SOL FTX Price Prediction Crypto Holdings Solana Price Prediction as SOL Dips Following Court Approves FTX’s Request to Liquidate Crypto Holdings

Solana (SOL), the cryptocurrency that powers the layer-1 smart-contract-enabled Solana blockchain, has dipped around 2% in the last half an hour, and was last trading around $18.10, down close to 2.5% from earlier session highs in the $18.50s.

13.09 / 14:11

Huobi FTX HTX Huobi Crypto Exchange Rebrands to HTX to Mark 10-Year Anniversary – Here’s the Latest

Digital asset exchange, Huobi rebrands to HTX as it celebrates its 10th anniversary offering rewards to the community.

13.09 / 14:09

business regulation Huobi FTX TRON HTX Huobi’s new name HTX raises community eyebrows

Cryptocurrency exchange Huobi is celebrating its 10th anniversary with a controversial marketing move — the firm is rebranding from “Huobi” to “HTX,” echoing the name of the bankrupt exchange FTX.

13.09 / 02:43

business Law regulation Fraud us government FTX Court SBF’s lawyers want to quiz jurors on crypto, altruism and ADHD

Potential jurors in the upcoming criminal trial of former FTX CEO Sam Bankman-Fried could be asked their thoughts on crypto, effective altruism and attention-deficit disorder as his lawyers want to weed out those they consider unsuitable.

12.09 / 21:59

regulation FTX Fried Bankman-Fried's request for temporary release denied amid upcoming trial

Former FTX boss Sam Bankman-Fried will likely remain behind bars while until his Oct. 3 trial commences after a United States District Court judge denied his request for temporary release.

12.09 / 11:05

FTX Holdings Tron's Justin Sun Considers Buying FTX's Holdings Tokens to Ease Selling Impact on Markets

A potential liquidation of FTX holding tokens will have a significant impact on the market as the figure hits $1.3 billion in assets, experts opine.

11.09 / 18:41

solana FTX Bitcoin New Court Filing: FTX Holds $1.1 Billion in SOL and $560 Million in BTC

Now-defunct crypto exchange FTX holds approximately $7 billion in assets, including $1.16 billion worth of Solana (SOL) tokens and $560 million in Bitcoin (BTC).

11.09 / 18:41

UPS BLOCK CEO Action FTX LayerZero FTX Estate Takes Legal Action Against LayerZero Labs to Recover $86 Million

FTX’s bankruptcy estate has taken legal action against LayerZero Labs, the development firm behind a cross-chain swap protocol, in a bid to reverse a series of financial transactions conducted by FTX’s former management shortly before the exchange filed for bankruptcy.

11.09 / 17:48

regulation FTX Digital Asset Bankruptcy FTX has $222M in Bahamas real estate, 1,300 tokens: shareholder presentation

FTX has released its presentation materials for the shareholder meeting taking place Sept. 11-12. The unrestricted portion provides a clear overview of the company’s current state and its slow march toward settlement.

11.09 / 14:47

Binance FTX Binance Executive Binance Executive Rejects Comparisons With Collapsed FTX

Richard Teng, the head of regional markets at Binance notes that the world’s largest cryptocurrency exchange has no operational similarity with collapsed FTX.

11.09 / 12:39

business Blockchain regulation FTX Court Fried Sam Sam Bankman-Fried's lawyers request pre-trial release citing poor internet connection

Former FTX CEO Sam Bankman Fried’s lawyers have requested for a pre-trial release citing a lack of adequate internet connectivity in the federal jail. SBF’s legal team argued that poor internet connection is a hindrance in their defence preparation and leads to a loss of time.

11.09 / 10:55

Legal FTX Fried Sam Sam Bankman-Fried's Legal Team Seeks Pre-Trial Release Due to Poor Prison Internet

Sam Bankman-Fried's legal team has once again requested a pre-trial release for their client due to poor internet access in the federal jail.

11.09 / 06:29

Blockchain regulation Altcoin solana FTX Solana falls 6% amid fears of FTX dump — but there's a catch

The price of Solana (SOL) has plunged more than 6% the last 24 hours, amid fears that bankrupt crypto exchange FTX may soon liquidate its significant portions of the token and other Solana-affiliated crypto assets.

11.09 / 03:01

business Sport FTX Court Bankruptcy FTX seeks to reverse payments made to Shaq, Naomi Osaka and Miami Heat

Bankrupt crypto exchange FTX is probing if it can reclaim the millions of dollars paid to celebrity athletes and sports teams that promoted the exchange before it filed for bankruptcy last November.

10.09 / 19:31

business Law FTX Bankruptcy FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy

Bankrupt crypto exchange FTX has filed a lawsuit against cross-chain protocol LayerZero Labs, seeking to recover $21 million in funds that were allegedly illegally withdrawn prior to FTX's shutdown in November 2022, according to court documents filed on September 9.

09.09 / 17:51

FTX recovery FTX Advisors Investigate Recovery of Pre-Collapse Payments to Shaq, Naomi Osaka, and More

FTX Group advisers are investigating the possibility of reclaiming millions of dollars paid to celebrities, including Shaquille O'Neal and Naomi Osaka, for their endorsements of Sam Bankman-Fried's cryptocurrency platform before its collapse.

08.09 / 16:41

business crimes FTX Books Fried Sam rights Apple secures rights to book on Sam Bankman-Fried for $5M: Report

Multinational technology company Apple has reportedly paid $5 million for the rights to author Michael Lewis’ upcoming book on former FTX CEO Sam Bankman-Fried (SBF) following a bidding war.

07.09 / 21:57

cryptocurrency FTX Former FTX exec says he illegally donated millions to Democrats, Republicans

A former top executive at the failed FTX cryptocurrency exchange pleaded guilty Thursday to making tens of millions of dollars in illegal campaign contributions to U.S. politicians and engaging in a criminal conspiracy to operate an unlicensed money transfer business.

07.09 / 20:15

regulation crimes FTX Court Former FTX exec will give up real estate, car, and $11M following guilty plea: Report

Ryan Salame, the former co-CEO of FTX Digital Markets, has pleaded guilty to charges related to defrauding the United States Federal Elections Commission and conspiracy to operate an unlicensed money transmitting business

07.09 / 17:29

regulation crimes FTX Court Former FTX exec is planning to plead guilty to criminal charges: Report

Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly planning to plead guilty to criminal charges related to his alleged involvement in illicit activities at the failed cryptocurrency exchange.

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