FTX Financial News
21.07 / 01:01
business
FTX
Court
Bankruptcy
Fried
Sam
FTX sues Sam Bankman-Fried and other former execs to claw back $1B
FTX has sued former CEO Sam Bankman-Fried and several other former key executives from the now-bankrupt crypto exchange to recover more than $1 billion in misappropriated funds.
21.07 / 00:55
cryptocurrency
FTX
FTX collapse
Fried
Sam
FTX seeks to recoup over US$1B allegedly taken by Sam Bankman-Fried, others
FTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more than US$1 billion they allegedly misappropriated before FTX went bankrupt.
20.07 / 20:27
regulation
FTX
Bankruptcy
PHILANTHROPY
life sciences
FTX sues over investments, donations made by charity arm to life sciences companies
FTX’s efforts to claw back customer funds are continuing. Alameda Research and FTX filed suit on July 19 seeking the return of $71.6 million in allegedly commingled corporate and customer funds related to investments and donations to life sciences companies.
20.07 / 12:29
FTX
SBF
Former FTX COO Constance Wang Joins Sino Global Crypto Fund
Zhe Constance Wang, a former associate of the embattled FTX CEO Sam Bankman-Fried has joined Sino Global Capital, a digital asset fund as its head of gaming.
19.07 / 05:27
business
regulation
FTX
Financial Services
Financial
Australia’s financial regulator cancels license for FTX’s local entity
The Australian financial services regulator has finally canceled the financial license of FTX Australia, the bankrupt crypto exchange’s local subsidiary.
17.07 / 22:29
Legal
FTX
BlockFi
Bankruptcy
Report: BlockFi's Risky Investment in FTX and Alameda Despite Knowledge of Infamous Balance Sheet
According to a recently unsealed report made in Friday's court filing, BlockFi Inc. executives ignored repeated warnings from their risk management team regarding significant loans to Sam Bankman-Fried's Alameda Research, collateralized with digital tokens from FTX.
14.07 / 20:59
business
FTX
Court
Bankruptcy
BlockFi CEO ignored risks from FTX and Alameda exposure, contributing to collapse: court filing
Zac Prince, the CEO of bankrupt cryptocurrency lending firm BlockFi, allegedly disregarded recommendations from the company’s risk management team over lending assets to Alameda Research.
14.07 / 06:31
13.07 / 13:27
Europe
FTX
Lawyers
recovery
FTX Bankruptcy Case: Lawyers Seek $323.5 Million Recovery from FTX Europe Leadership
FTX lawyers have filed a court motion seeking the recovery of $323.5 million from the leadership of FTX Europe, which includes Patrick Gruhn, Robin Matzke, Brandon Williams, and Lorem Ipsum UG.
13.07 / 09:41
regulation
FTX
Court
Court: FTX spent $400 million on the acquisition of its European branch
According to the legal team of the FTX investors, trying to return their funds through court, a failed crypto exchange spent “nearly $400 million” to acquire Digital Assets DA AG (“DAAG”). Later the Swiss company became known as FTX Europe. Now the plaintiffs are eager to be refunded the money that was spent on it by Sam Bankman-Fried and his associates.
12.07 / 20:09
FTX
FTT
Crypto Presale
Wall Street Memes
WSM
ThuG
Ftx Claims
Portal
FTT Price Pumps, Dumps as FTX Claims Portal Opens, Then Becomes Unavailable
FTT saw a massive 26% pump from the $1.40s to the $1.80 area on Tuesday in a matter of minutes, before pulling back under $1.60 on Wednesday.
12.07 / 13:19
Legal
FTX
Executive
FTX Executive Investigated for Potential Campaign Finance Violations in Congressional Bid
Former FTX executive Ryan Salame and his girlfriend Michelle Bond, a former congressional candidate, are under investigation for potential violations of campaign-finance law.
11.07 / 20:49
business
FTX
Court
Bankruptcy
Ftx Claims
Portal
FTX claims portal becomes unavailable shortly after going live
Bankrupt cryptocurrency exchange FTX launched a customer claims portal, which stayed live for roughly an hour before going offline for unknown reasons.
11.07 / 18:15
regulation
crimes
Donations
FTX
US authorities are investigating former FTX exec for potential campaign finance violations: Report
Prosecutors in New York are reportedly looking into former FTX Digital Markets co-CEO Ryan Salame for potential violations of campaign finance law in the United States.
07.07 / 16:13
FTX
Deal
NOT
New Report: FTX Abandoned the Deal with Taylor Swift, Not the Other Way Around
Now-defunct cryptocurrency exchange FTX pulled out of the planned deal with Taylor Swift, not the other way around.
06.07 / 19:01
business
FTX
Deal
Fried
Backed
Sam
Sam Bankman-Fried backed out of FTX sponsorship deal with Taylor Swift: Report
The sponsorship deal between defunct cryptocurrency exchange FTX and Taylor Swift was reportedly called off at the request of former CEO Sam Bankman-Fried (SBF), and not the singer-songwriter, as many reports have suggested.
04.07 / 06:27
business
defi
regulation
Gemini
lending
FTX
Bankruptcy
NOT
Winklevoss slams DCG's Silbert — Not even SBF was 'capable of such delusion'
Crypto exchange Gemini founder and CEO Cameron Winklevoss is again threatening to sue Digital Currency Group and its CEO Barry Silbert over delays in the resolution of Genesis for its Earn customers while slamming the CEOfor allegedly trying to play the victim card.
01.07 / 05:43
Binance
FTX
Wall Street Journal
Relaunch
International
FTX begins talks to relaunch international cryptocurrency exchange: WSJ
FTX is moving ahead with efforts to revive its flagship international cryptocurrency exchange, the Wall Street Journal reported on Wednesday citing CEO John Ray. The company «has begun the process of soliciting interested parties to the reboot of the FTX.com exchange,» Ray said, according to the Journal's report. The failed crypto company has been holding talks with investors about backing a potential restart of the FTX.com exchange through structures such as a joint venture, the report added citing people familiar with the discussions. FTX debtors declined to comment on the report.
30.06 / 13:27
FTX
Fried
Sam
Scaramucci Accuses Sam Bankman-Fried of 'Hurting' Crypto Industry in the U.S
Disgraced FTX CEO Sam Bankman-Fried “really hurt the industry in the United States from a regulatory perspective,” according to the venture investor and former White House communications director Anthony Scaramucci.
29.06 / 14:35
CEO
FTX
compliance
FTX Files Lawsuit Against Ex-Compliance Chief Friedberg Over Alleged 'Hush Money' Payments
Defunct crypto exchange FTX’s lawyers are suing the company’s former compliance chief officer Daniel Friedberg for paying off insiders who threatened to reveal the exchange's illegal activities.
29.06 / 02:01
business
FTX
Court
Bankruptcy
FTX reboot on the way: CEO holds talks with ‘interested parties’ — Report
Bankrupt crypto exchange FTX is one step closer to relaunching as an entirely new exchange.
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