FTX founder Sam Bankman-Fried has disclosed that the crypto exchange was never insolvent, as it has always had more than enough to repay all former customers. A report shared by…
Browsing: FTX
The spike in FTT price was short-lived, with strong selling pressure pulling it back below $1.0, reflecting continued volatility, after SBF account noted that the tweet was from a friend.…
FTX and Alameda Research have recently unstaked $45 million worth of Solana (SOL) as it continues to repay former customers. An analyst has spotted the formation of a cup and…
Solana (SOL) has staged a rally to $237 despite FTX and Alameda Research redeeming 192,000 SOL from staking. An analyst has predicted that the asset could retest the $295 high…
CZ argues the U.S. court has no right to hear FTX’s $1.8 billion lawsuit and says he was not properly served. FTX claims the 2021 Binance deal was a fraudulent…
FTX will begin the next distribution round on September 30 after cutting disputed reserves by $1.9B. Eligible claims must be verified and listed by August 15 to receive funds via…
FTX’s Recovery Trust has announced plans to distribute more than $5 billion to creditors, with funds expected to be processed within 1 to 3 business days beginning May 30. This…
Backpack Exchange has opened fund withdrawals for former FTX EU users, starting May 12, with KYC required before claiming funds.
Netflix rushes ahead with its FTX collapse drama, circling big stars while weaving scandal and romance into finance chaos. Casting talks intensify as Evan Peters eyes Sam Bankman-Fried role, Julia…
FTX and its Recovery Trust are taking legal action against NFT Stars and Kurosemi, accusing both companies of holding back tokens they were contractually obligated to deliver. FTX tried to…
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…
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.…