FTX Financial News
31.12 / 16:23
Blockchain
Tether
FTX
Bitcoin
Winners and losers of 2022: A disastrous year that saw few winners among a sea of losers
2022 was supposed to be the year crypto went mainstream, with a significant chunk of traditional venture capital firms betting heavily on the ecosystem in 2021. However, with one disaster after another, 2022 turned out to be a catastrophic year for the nascent crypto ecosystem. Some of the biggest names touted as pivotal to taking the crypto ecosystem forward turned out to be the orchestrators of its worst year in recent memory.
31.12 / 14:39
30.12 / 21:53
business
Binance
FTX
Bankruptcy
Companies and investors may need to return billions in funds paid by FTX
The collapse of FTX Group may not yet be the end of its contagious spread, as clawback provisions could force business and investors to return billions of dollars paid in the months leading up to the crypto exchange's collapse, an insolvency attorney told Cointelegraph.
30.12 / 21:01
business
Twitter
lending
FTX
10 crypto tweets that aged like milk: 2022 edition
To put it lightly, it has been a wild year for the crypto sector.
30.12 / 18:09
30.12 / 15:49
business
FTX
Court
Here's how SBF’s fake electronics outlet 'North Dimension' looks like
As the malpractices of the FTX continue to pop up and be uncovered by the prosecution, it turns out the disgraced crypto exchange’s customers were sending money to a fake electronic online shop, which was reportedly opened by Sam Bankman-Fried.
30.12 / 15:27
business
Blockchain
FTX
Celsius
Investors seek to sell FTX, Celsius, BlockFi, Voyager claims
Instead of waiting for a lengthy bankruptcy process, some investors, who have claims on FTX exchange, Celsius Network, BlockFi and Voyager Digital, are looking to pass on their claims to others.
30.12 / 10:31
markets
solana
Federal Reserve
FTX
Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible?
Solana (SOL), the cryptocurrency once supported by Sam Bankman-Fried, pared some losses on Dec. 30, a day after falling to its lowest level since February 2021.
30.12 / 07:35
business
FTX
Bankruptcy
Customers
Non-US FTX customers want private info redacted from bankruptcy filings
A group of non-U.S. FTX customers are pushing to have their names and private information redacted from court documents as part of the crypto exchange’s Chapter 11 bankruptcy process.
30.12 / 05:47
cryptocurrency
FTX
FTX bankruptcy
creditors
Customers
Bahamas regulator holds FTX assets pending delivery to customers, creditors
The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the time of transfer on a temporary basis to deliver them to customers and creditors who own them.
29.12 / 19:11
business
regulation
FTX
Broker
Robinhood shares claimed by BlockFi and FTX may move to a neutral broker
The highly disputed Robinhood shares claimed by both BlockFi and FTX might be transferred to a neutral broker or an escrow account while the courts determine the rightful owner.
29.12 / 14:01
FTX
SBF
Fried
Sam
Sam Bankman-Fried to Enter Plea in Case Alleging Fraud and Embezzlement at FTX Cryptocurrency Exchange
In another installment of Sam Bankman-Fried’s legal woes in the aftermath of the collapse of crypto exchange FTX, the platform’s co-founder is now expected to enter a plea next week related to criminal charges he defrauded investors and stole billions of dollars in customer funds.
29.12 / 12:45
FTX
Ftx Trial
Fried
Sam
Top SEC Official Steps Down Following Controversial Meetings with Sam Bankman-Fried and FTX Lobbyists
Dan Berkovitz, General Counsel at the Securities and Exchange Commission, is departing the agency amid reports that he had met and dined with disgraced FTX founder Sam Bankman-Fried.
29.12 / 12:35
Blockchain
hacks
regulation
FTX
Mixers
Crypto mixers
Alameda wallets funnel over $1.7M via crypto mixers overnight
30 cryptocurrency wallets linked to Alameda Research, the bankrupt sister company of crypto exchange FTX, became active on Dec. 28 following four weeks of inactivity. These wallets swapped and mixed over $1.7 million worth of crypto assets through various crypto-mixing services.
29.12 / 00:25
business
FTX
Fried
week
Bankman-Fried may enter plea in NY federal court next week before Judge Lewis Kaplan
Former FTX CEO Sam Bankman-Fried is scheduled to appear in court on the afternoon of Jan. 3 to enter a plea on two counts of wire fraud and six counts of conspiracy against him in relation to the collapse of the FTX cryptocurrency exchange, Reuters reported Dec. 28 citing court records. Bankman-Fried will appear before District Judge Lewis Kaplan in Manhattan.
28.12 / 23:37
cryptocurrency
solana
FTX
fall
Solana Price Prediction as On-chain Data Suggests Alameda Wallets are Dumping Tokens – Can Solana Fall to $3?
SOL, the native token of the Solana blockchain, slumped under $10 for the first time since February 2021 on Wednesday, dropping 10% intra-day and extending its losses since the abrupt collapse of Sam Bankman Fried’s seemingly corrupt FTX/Alameda crypto empire in early November to roughly 70%. Price predictions thus remain highly pessimistic.
28.12 / 22:49
FTX
Customers
FTX Customers File Lawsuit To Lay Claim To Assets
Sam Bankman-Fried has said he does not believe he has criminal liability. (File)
28.12 / 17:13
Platform
FTX
SBF
Bitcoin
Department
US Department of Justice Launches Investigation Into $370 Million FTX Hack
As the US authorities continue their investigation into the sudden collapse of major crypto exchange FTX, federal prosecutors are probing an alleged hack that allowed cyber criminals to steal assets worth more than $370 million from the platform hours after it filed for bankruptcy.
28.12 / 13:35
business
movie
FTX
SBF wants ‘Big Short’ FTX movie, Peter Schiff already calls it fiction
Members of the crypto community published their sentiments on social media in response to the former FTX CEO Sam Bankman-Fried’s reportedly meeting with Michael Lewis, the writer of the popular trading-focused film, The Big Short.
28.12 / 13:05
FTX
Ftx Trial
Fried
Sam
Sam Bankman-Fried Spent Several Hours with 'The Big Short' Writer Michael Lewis While Under House Arrest
Michael Lewis, author of the bestseller book The Big Short, has met with Sam Bankman-Fried, the disgraced founder and former CEO of the collapsed crypto exchange FTX, at the California home where he is holed up awaiting trial.
28.12 / 12:39
business
regulation
FTX
Court
Customers
FTX customers file class-action lawsuit to get priority reparations
While the government agencies are queuing to sue the FTX and its founder Sam Bankman-Fried, the group of former customers made an effort to get their money back first. A class lawsuit initiated by four individuals demands priority access to frozen funds of the company for its customers, not investors.
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