Search Results for "ftx"
FTX Debtors' Filing Sets Controversial Valuations for Cryptocurrency Claims Post-Collapse
TX debtors propose a valuation for user claims based on digital asset prices at the time of the exchange's collapse, sparking objections from users due to the significant rise in cryptocurrency prices since then.
FTX Quietly Seeks to Buy Brokerage Startups Amid Move into Stock Trading
FTX has reached out quietly to at least three stock trading start-ups seeking an acquisition. The deals come as the crypto exchange recently launched stock trading.
Despite Closed Door, Justin Sun Says He's Ready to Inject Billions into FTX - Report
Justin Sun of Tron blockchain said he is ready to commit billions to bail out FTX
Alameda Research's FTX Tokens worth millions transferred
Many think the latest money transfer is part of the bankruptcy process, with officials liquidating funds to repay creditors.
FTX Shares 10-Point Regulatory Proposals to American Congress
Cryptocurrency trading platform FTX Derivatives Exchange has published a 10-point regulatory proposal, aims at helping American regulators to provide better regulatory oversight of the broader cryptocurrency ecosystem.
FTX was the "fastest" company collapse in American history, says U.S. Trustee.
The US Trustee overseeing FTX's bankruptcy proceedings has requested an independent investigation into its demise. In a Dec. 1 motion, U.S. Trustee called the defunct exchange the "fastest large business collapse in American history". An independent examiner has been requested by the Department of Justice. Independent examiners are usually called in when creditors want them or when unsecured debts surpass $5 million. Trustee Andrew Vara said debtors "suffered an almost unparalleled fall in value" over eight days in November. The U.S. Attorney's Office for the Southern District of New York and Securities and Exchange Commission have allegedly submitted many requests to investors.
FTX to Have Its European Operating License Suspended
Following its turmoil, the FTX’s European license is now said to be soon suspended by Cyprus regulators, according to a report.
Binance Bails Out From FTX Takeover Deal
Binance on Twitter announced the crypto exchange has ended the acquisition plan because, among other reasons, FTX has mishandled customer funds.
Everlend Finance, a Solana-based decentralized finance
Solana protocol decentralises finance Closing Everlend Finance.
DOJ Targets SBF's Jets for Forfeiture
Samuel Bankman-Fried, also known as "SBF," faces the possibility of asset forfeiture, including two luxury jets, as per a filing by the U.S. Department of Justice (DOJ) dated October 4, 2023. The forfeiture is linked to multiple charges against Bankman-Fried, who is currently on trial. The aircraft in question are embroiled in an ownership dispute involving the U.S. government, FTX, and Island Air Capital.
Sam Bankman-Fried's Lawyers Reach Agreement with Federal Prosecutors
Sam Bankman-Fried may still use non-encrypted texting and phone services, save WhatsApp, which he can use under supervision.
FTX to Open Regional HQ in Dubai after Acquiring License
Cryptocurrency exchange FTX is set to open a regional headquarters in Dubai after its virtual-asset license was approved.