Sam Bankman-Fried has been moved to a tougher California prison as he begins a 25-year sentence for orchestrating an $8B crypto fraud. Bitcoin shows resilience despite FTX fallout, with analysts…
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FTX has disqualified 392,000 customer claims worth $2.5 billion after users failed to complete KYC before the March deadline.
Former Binance CEO raises questions on the potential involvement of the infamous FTX exchange in the LUNA/UST crash or depeg in 2022. His comments follow the recent report that the…
Sam Bankman-Fried, the Former FTX CEO, has been placed in solitary confinement for participating in an unauthorized interview with Tucker Carlson. Bankman-Fried is currently serving a 25-year prison sentence after…
The founder of bankrupt crypto exchange FTX, Sam Bankman-Fried, has made his first post on X for the first time since January 2023, speaking on the recent job cuts in…
Solana price drops below $160 amid market concerns over the FTX unlocking event, increasing supply risks. Weekly decentralized exchange (DEX) volume on Solana fell by 36.35%, reflecting broader market cooling.…
A federal court has seized over $1 billion in assets from Sam Bankman-Fried, including $606 million in Robinhood stock, cryptocurrencies, private jets, and political donations. This is according to a…
Bitcoin (BTC) has been predicted to lead the general crypto market into a long downturn as FTX commences repayment to customers. Another analyst believes that Bitcoin is soon embarking on…
FTX will start repaying creditors on February 18, with an initial payout of $1.2 billion. Some analysts believe the repayments could impact market liquidity. FTX Digital Markets, the Bahamian subsidiary…
On March 1, 11.2 million SOL tokens worth $2.06 billion will be unlocked from the FTX bankruptcy auction, marking a major event in the cryptocurrency market. The unlock event offers…
FTX will begin repayments on February 18, prioritizing Bahamas-based creditors with verified BitGo accounts. Settling FTX debts may stabilize affected crypto assets like FTT, SOL, and BTC. Following CNF’s recent…
SBF’s political donations and recent conviction complicate his chances of receiving a pardon from Trump. Despite efforts, SBF’s odds for clemency remain low due to legal, political, and timing challenges.…
The FTX bankruptcy estate disputes Backpack’s claim that it can return funds to former FTX EU customers, and it says Backpack was not authorized to do so. Backpack insists it…
Backpack Exchange has acquired FTX EU and will handle customer claims while ensuring regulatory compliance. The company is expanding in Europe with new licensing and plans to launch crypto derivatives…
Three years after FTX’s November 2022 bankruptcy, a reorganization plan began on January 3, enabling user repayments to start. Creditors must complete tax documents and onboard with BitGo or Kraken…