FTX

FTX bankruptcy judge approves sale of LedgerX

ftx-bankruptcy-judge-approves-sale-of-ledgerx

The judge said he read all the papers and declarations related to the FTX debtors’ motion for the sale of LedgerX and was “satisfied” with the proceedings. The judge presiding over crypto exchange FTX’s bankruptcy case has given the green light to a motion allowing the sale of LedgerX.In a May 4 hearing in United

Sam Bankman-Fried seeks to access FTX funds

sam-bankman-fried-seeks-to-access-ftx-funds

Sam Bankman-Fried lawyers claim he was not involved in previous unauthorized transactions, and should have access to company assets. Sam Bankman-Fried’s legal team is seeking to remove a bail condition that prevented him from accessing FTX’s funds, according to court filings from Jan. 28.A letter from Bankman-Fried’s lawyer, Mark Cohen, to United States District Court

Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings 

report-claims-us.-prosecutors-investigate-hedge-funds-in-connection-with-binance-dealings 

Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were allegedly issued subpoenas by the U.S. attorney’s office for the Western District of Washington. Sources Say U.S. Department of Justice Probes American Hedge Funds in Cryptocurrency Investigation

From Prediction To Reality: How Bitcoin Will Win In 2023

from-prediction-to-reality:-how-bitcoin-will-win-in-2023

I predicted that Bitcoin would face attacks between 2018 to 2023, then its period of true victory will start.This is an opinion editorial by Obi Nwosu, CEO of Fedi and a board member for ₿trust.In 2020, I predicted that Bitcoin would face attacks during the 2018 to 2023 period but would ultimately emerge successful by

Bankrupt crypto exchange FTX begins strategic review of global assets

bankrupt-crypto-exchange-ftx-begins-strategic-review-of-global-assets

FTX debtors are in talks with finserv firm Perella Weinberg Partners for various sale or reorganization attempts. However, the engagement of PWP is subject to the bankruptcy court’s approval. As part of the recent bankruptcy filing, the defunct crypto exchange FTX, along with 101 of the 130 affiliated companies, announced the launch of a strategic

AAX reiterates withdrawal halt is unrelated to FTX contagion

aax-reiterates-withdrawal-halt-is-unrelated-to-ftx-contagion

In a previous post on Twitter, the AAX exchange said it has no financial exposure to FTX and its affiliates. Hong Kong-based crypto exchange AAX has reiterated that its suspension of withdrawals on the platform has nothing to do with the ongoing fallout from FTX’s collapse and rumors to the contrary are false.The crypto community

Ethereum Wallet Metamask Adds Bank-to-Crypto Transfers via Sardine

ethereum-wallet-metamask-adds-bank-to-crypto-transfers-via-sardine

According to a Consensys blog post published on October 11, the Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via the automated clearing house (ACH) settlement merchant Sardine. Metamask Users Can Swap Fiat for Over 30 Crypto Tokens On Tuesday, the crypto firm Consensys published an announcement that explains the ETH wallet Metamask has added

Report: 11.4% of UAE Residents Have Invested in Cryptocurrencies

report:-11.4%-of-uae-residents-have-invested-in-cryptocurrencies

Just over 11% of United Arab Emirates (UAE) residents have invested in cryptocurrencies, a report issued by the country’s Telecommunications and Digital Government Regulatory Authority (TDRA) has reportedly said. Globally, the United Arab Emirates is now ranked tenth in terms of cryptocurrency investment rate. UAE’s Mission to Become a Global Crypto Hub According to a

3 reasons why Binance Chain (BNB) rallied 66% since the crypto market crashed

3-reasons-why-binance-chain-(bnb)-rallied-66%-since-the-crypto-market-crashed

BNB token holds a $50 billion market cap and has rallied 66% since the crypto market crashed, but what is behind the altcoin’s tremendous recovery? BNB, the native token of Binance’s BNB Chain , has bounced 66% from its $183 low in mid-June. The move consolidates its position as the third-ranked cryptocurrency (when stablecoin market

FTX revenue soared 1,000% amid last year’s crypto craze: report

ftx-revenue-soared-1,000%-amid-last-year’s-crypto-craze:-report

FTX saw its 2021 revenue grow from $89 million to hit over $1 billion as the crypto market rallied. Growth came amid huge expansion across the globe, CNBC said in a report citing leaked documents. Despite crypto winter, FTX has looked to add to its growing portfolio of companies.  FTX saw its revenue grow more

FTX customer seeks help after mistaken deposit allegedly results in $1M in fees

ftx-customer-seeks-help-after-mistaken-deposit-allegedly-results-in-$1m-in-fees

DeFi blog Rekt claims that FTX failed to adhere to its own terms and conditions by imposing the fee. A crypto hodler is outraged after allegedly copping a $954,135 fee from centralized exchange FTX. The trader claims the fee was charged over a mistaken deposit they believe was the exchange’s fault.On Oct. 6, the Rekt…

Scroll to Top