Search Results for "ftx"
Stripe Resumes Crypto Service Offerings, Partners with FTX
Stripe is rejoining cryptocurrency space support again by building partnerships with FTX.
FTX's Sam Bankman-Fried Justifies Firm's Offer to Voyager Digital
Sam Bankman-Fried, the co-founder and Chief Executive Officer of FTX Derivatives Exchange, justified the bid the trading platform and its subsidiary Alameda Ventures extended to bail out Voyager Digital.
US proposes new bail conditions for former FTX CEO
The US Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried, which include communication restrictions and monitoring of his online activity. The proposal also requests that temporary bail conditions recently imposed should be made permanent. Bankman-Fried's $250 million bail has been under scrutiny since he was found to have contacted potential witnesses on his case, and a superseding indictment against him was unsealed containing 12 criminal counts.
FTX CEO John Ray III Confirms Plans for FTX 2.0 Amidst Legal Proceedings
In a recent disclosure of the CEO's legal billings, FTX CEO John J. Ray III has confirmed the existence of plans for FTX 2.0, the next iteration of the cryptocurrency exchange.
Sequoia Capital's $213.5m Investments in FTX Marks Down to $0
Amid the liquidity crisis in FTX, Sequoia Capital announced to mark down its FTX investment to $0.
US court sets deadline for Celsius bankruptcy claimants
The U.S. Bankruptcy Court in New York State has approved a new filing deadline for former Celsius users to make claims against the former digital assets lender. Any person or entity - which covers individuals, partnerships, corporations, joint ventures and trusts - who wishes to do so must submit a proof of claim by Jan. 3, 2023, 5:00 pm Eastern Time. The decision comes after independent examiner made an allegation Celsius had 'insufficient' accounting and operational controls.
Singapore police warn of FTX phishing scams
Singapore police warn against fake websites claiming to be hosted by the U.S. Department of Justice. The websites claim to be able to recover funds from now-bankrupt cryptocurrency exchange FTX. An estimated 1 million investors and creditors have been affected by FTX's bankruptcy. Singapore has pursued stricter regulations around retail trading and self-hosted wallets.
Bill Ackman predicts crypto will remain
Bill Ackman says he remains bullish about cryptocurrencies, despite recent challenges. Ackman is the CEO and founder of hedge fund management firm Pershing Square Capital Management. He believes there's a need to increase oversight and remove "fraudulent actors". The billionaire has called for the removal of regulatory barriers and easing of regulations in New York.
Bankman-Fried’s FTX In Advanced Talks to Acquire South Korea’s Bithumb
FTX, a 32 billion crypto exchange, is in discussions to buy its rival Bithumb exchange. The deal is reported to be in an advanced stage, though financial terms are still undisclosed.
Celsius Creditors Seek Help from Bankruptcy Judge to Uncover Potential Market Manipulation
Celsius creditors are requesting subpoenas to uncover suspicious trades of CEL token on FTX between April and August 2022, seeking to determine if they were legitimate or constituted market manipulation. This information could be crucial in resolving disputes related to Celsius' bankruptcy. Meanwhile, FTX is pending approval to sell LedgerX for approximately $50 million.
Former FTX US Head Launches New Crypto Software
Former FTX US CEO launches bitcoin software startup. Brett Harrison's latest firm, Architect, received $5 million from investors. The firm will create crypto trading software for huge organisations.
FTX Enters Bankruptcy as Sam Bankman-Fried Steps Down as CEO
Troubled crypto exchange FTX filed for Chapter 11 bankruptcy protection in the U.S., with Sam Bankman-Fried resigning as the CEO.