In a legal move, FTX’s bankruptcy advisers have taken Bybit Fintech and its affiliates to court, seeking the recovery of approximately $953 million in cash and digital assets. The lawsuit, filed in a Delaware court, revolves around allegations that Bybit’s…
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SEC Chair Gensler: Rebooting FTX under ex-NYSE chief possible with adherence to the law
In the dynamic world of cryptocurrencies, FTX has emerged as a significant player. However, recent events involving its founder, Sam Bankman-Fried, and the subsequent bankruptcy of the exchange have raised concerns about regulatory compliance and investor protection. As the SEC…
FTX: In-Depth Analysis of Crypto Asset Transfers and Holdings of Sam Bankman’s Fried Empire
In this comprehensive analysis, we delve into the recent crypto asset transfers made by FTX, a leading cryptocurrency exchange. By examining the data provided by Lookonchain (@lookonchain), we gain valuable insights into the volume of assets transferred and the current…
FTX, The Bankrupt Exchange transferred Solana tokens worth $187 million. Will it tank Solana price ?
In a series of rapid divestments, FTX, the beleaguered crypto exchange, has transferred approximately $316 million in digital assets to various crypto exchanges, as revealed by on-chain data. These transfers are part of FTX’s ongoing bankruptcy proceedings, aiming to compensate…
FTX Bankruptcy Consultants Shared Customer Trading Data
FTX, a leading cryptocurrency platform, has recently come under scrutiny regarding the privacy of its customers’ transactions. Court records reveal that FTX advisers have been cooperating with federal law enforcement agencies in the United States, providing them with customer account…
FTX Seeks Approval to Sell Grayscale and Bitwise Assets Valued at $744M
In a significant development, FTX, a bankrupt crypto exchange, and its debtors have filed a request with the U.S. bankruptcy court of Delaware to seek approval for the sale of trust assets. Estimated to be valued at a staggering $744…
Betting It All: FTX’s Bankman-Fried Rolls The Dice On His Own Testimony Thursday, October 26, 2023
CNN recently reported that Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, will testify in his criminal fraud trial as early as Thursday, his defense team announced Wednesday. The move signals a dramatic shift in legal strategy as Bankman-Fried…
Amid Crypto Exchange FTX Fall, Google and BlackRock Explored Investment Opportunities
In the ongoing criminal trial of Sam Bankman-Fried, the former wunderkind behind FTX, evidence has emerged regarding the engagement of prominent investors like BlackRock and Google. The trial sheds light on FTX’s fundraising attempts and the involvement of major players…
Inside the FTX Alleged $1.3 Billion Celebrity Spending Spree with Steph Curry, Kevin O’Leary, Tom Brady, and More
Nishad Singh, the former chief developer at Alameda and FTX, disclosed in court that approximately $1.3 billion of customer funds were directed toward bolstering Sam Bankman-Fried’s social standing and public image. Insights from United States v Sam Bankman-Fried Trial As…
Is Bitmain The Next FTX? A New Report Shows Atrocious Finance For The Crypto Mining Giant
It is always raining uncertainty on the crypto landscape, but the issue with Bitmain, just like FTX, is one that crypto analysts saw coming. Of course, these analysts are students of the principles and criteria of valid inferences and demonstrations…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
