FTX Financial News

26.01 / 20:35

solana SOL FTX Is it Too Late to Buy Solana? Crypto Traders Give Their SOL Price Predictions for 2023

It's been an explosive month for SOL, the cryptocurrency that powers Solana’s high-performance layer-1 blockchain protocol. The cryptocurrency was last trading higher by about 145% on the month in the mid-$24.00s and is up an even more impressive more than 200% versus its end of December 2022 lows under $8.0 per token.

26.01 / 18:53

Binance coinbase Airlines Apple Enterprise FTX creditors FTX creditors New Filing Shows FTX Creditors Include Netflix, Apple, Binance and Coinbase

The FTX creditor list is a document that reveals the extent of the crypto enterprise's reach and the impact of its bankruptcy. The list is 116 pages long and includes notable companies such as Netflix and Apple. However, it should be noted that 9.7 million customer names have been redacted from the document.

26.01 / 14:33

business regulation Investments FTX investigation SBF allegedly used FTX money to invest $400M in obscure VC firm

Authorities in the United States might have discovered yet another possible component of Sam Bankman-Fried’s (SBF) cryptocurrency empire.

26.01 / 09:27

business regulation FTX Court Bankruptcy Celsius Lawyers FTX lawyers: Examiner could cost $100M and ‘provide no benefit’

An investigation into FTX’s collapse by an examiner could cost the firm upwards of $100 million without providing any benefit to creditors or equity holders, argues lawyers representing the bankrupt crypto exchange.

26.01 / 08:21

Ethereum cryptocurrency Bloomberg Opinion FTX Bitcoin Crypto is worth fixing. Regulators should get moving

The once-burgeoning realm of crypto and decentralised finance keeps imploding, presenting policy makers with a quandary: Should they just let it burn, or step in to address its now-obvious flaws?

26.01 / 07:49

business FTX Court Bankruptcy Sky Mavis Charities FTX creditor list shows airlines, charities and tech firms caught in collapse

A complete list of the creditors owed money by the bankrupt cryptocurrency exchange FTX has been released, revealing a myriad of companies and government entities wrapped up in its collapse.

25.01 / 09:57

business FTX Bankruptcy Crypto exchange Digital Surge emerges as a rare survivor of FTX fallout

Australian cryptocurrency exchange Digital Surge appears to have narrowly avoided collapse, despite having millions of dollars in digital assets tied up in the now-bankrupt FTX crypto exchange.

25.01 / 06:31

business FTX Court Bankruptcy Breaking: BlockFi uncensored financials reportedly shows $1.2B FTX exposure

Bankrupt crypto lending firm BlockFi has reportedly uploaded uncensored financials by mistake, revealing $1.2 billion in assets tied up with bankrupt exchange FTX and its related trading firm Alameda Research.

24.01 / 21:29

business Binance FTX exchanges Quadrigacx Binance Coin Opinion: Crypto exchanges keep failing, so why do we still trust Changpeng Zhao?

Cryptocurrency has faced more than its fair share of catastrophes, nearly all of which seemed as though they might end or at least seriously impede the continued growth of the sector. Yet despite the many “teachable moments,” the social layer of crypto refuses to learn its lesson and continues to place its trust in the hands of individuals rather than fully utilize the technologies it claims to support.

23.01 / 19:15

FTX NYDFS Financial Customers New York’s Chief Financial Regulator Mandates Firms to Separate Customers' Crypto Assets from Their Own

New York’s chief financial regulator plans to release new guidance that will mandate companies to separate their own crypto assets from that of customers'.

23.01 / 09:25

business Blockchain economy FTX BTC Markets Bitcoin Bitcoin Price Bitcoin price surge Bitcoin price surge: Breakthrough or bull trap? Pundits weigh in

While Bitcoin (BTC) has experienced a price pump to kick off the new year, many industry pundits are not convinced the cryptocurrency will continue its upward trajectory — at least in the short to mid-term.

21.01 / 13:21

Robinhood FTX Silvergate DOJ Fried Sam Federal Prosecutors Seize Sam Bankman-Fried Assets Worth $700m, Including Silvergate Bank Accounts

Federal authorities have confiscated approximately $700 million worth of assets belonging to the disgraced FTX founder Sam Bankman-Fried, including three accounts at Silvergate Bank that held U.S. dollars.

21.01 / 11:05

Adoption CFTC regulation Funding Venture Capital FTX FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner

Amid ongoing investigations around the defunct crypto exchange FTX, the Commodity Futures Trading Commission (CFTC) questions the due diligence conducted by institutional investors and their accountability regarding the loss of users’ funds.

21.01 / 09:53

business regulation FTX Court Bankruptcy SBF to forfeit $700M worth of assets if found guilty of fraud

According to new court filings, disgraced FTX founder Sam Bankman-Fried (SBF) will be subject to the forfeiture of roughly $700 million worth of assets if he were to be found guilty of fraud.

21.01 / 06:23

regulation Bloomberg FTX foreign play Crypto to play 'major role' in UAE trade: foreign trade Minister

Crypto will play a “major role” in the United Arab Emirates' global trade moving forward, says the UAE’s minister of state for foreign trade Thani Al-Zeyoudi.

21.01 / 04:49

cryptocurrency scam Fraud FTX Fried Bankman-Fried assets of almost $700 million may be forfeited in FTX scam

Sam Bankman-Fried’s assets valued at almost $700 million will be subject to forfeiture if he’s found guilty of fraud, according to federal prosecutors leading the case against the FTX founder.

20.01 / 23:13

business Web3 Venture Capital FTX Digital Currency Group Crypto Biz: SBF’s newest Excel spreadsheet reveals all

Large enterprise businesses spend tons of money keeping track of their financial dealings — think accountants, financial analysts, consultants and enterprise-grade accounting software. Sam Bankman-Fried, meanwhile, used Microsoft Excel.

20.01 / 20:41

Law Twitter regulation FTX Lawyer Fried Sam FTX bankruptcy lawyer: debtors face 'assault by Twitter' stemming from Sam Bankman-Fried

James Bromley, one of the lawyers representing debtors in FTX’s bankruptcy case, has criticized social media activity against his law firm promulgated by posts from former CEO Sam Bankman-Fried.

20.01 / 18:55

business Funding Venture Capital FTX US President Former FTX US president raises $5M for new crypto software firm

The former head of FTX US is launching a new cryptocurrency software company and has raised $5 million from several investors, according to Bloomberg.

20.01 / 17:41

FTX FTX US US President Former FTX US President Manages to Raise Funds From Coinbase, Circle for His New Firm After Publicly Blasting SBF

Brett Harrison, former president of FTX US, has managed to raise funds from major crypto investors such as Coinbase Ventures and Circle Ventures after publicly blasting FTX founder Sam Bankman-Fried.

20.01 / 17:17

UPS Twitter CEO FTX open FTX to Reopen its Crypto Exchange Business? New CEO John Ray III Says He’s Open to the Idea

Speculation is mounting over whether FTX could reopen to users, after the company’s new CEO, bankruptcy expert John Ray II, said he is open to the idea.

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