FTX and its affiliate Alameda Research have liquidated a significant portion of their cryptocurrency assets, totaling $98 million in April. FTX creditors are expressing discontent with the proposed plan while…
Browsing: FTX crypto exchange
Non-U.S. creditors of the defunct FTX.com exchange might recover up to 90 percent of their assets in a significant bankruptcy settlement. Legal battles have highlighted alleged mismanagement of customer assets…
FTX attorney Andrew Dietderich testifies that SBF ordered a secret backdoor between FTX and Alameda. Alameda used the backdoor to access more than $65 billion of FTX user assets without…
Fraudsters attempt to scam FTX users with deepfake video of SBF. Deepfake technology has previously been used to successfully steal crypto from investors. A deepfake video of FTX co-founder and…
The crypto market could soon face unprecedented regulatory scrutiny as G20 leaders endorse the FSB consultation paper. Observers also fear that FTX founder SBF may not face the full consequences…
FTX’s new CEO takes a dig at the management style of the former CEO following the high-profile scandal that led to the crypto exchange’s collapse. On Wednesday, FTX’s liquidators asked…
Analysts reveal their fears concerning the level of exposure Tether has to the FTX’s crash. Meanwhile, Tether has released a blog statement explaining how the failure of Alameda Research doesn’t…
SBF says he plans to raise liquidity to restart FTX and make customers whole. Market participants have met his claim of having illiquid assets with doubt. Sam Bankman-Fried, the former…
Security Specialist Edward Snowden reveals that he could begin to buy back into the crypto market using DEXs His opinion comes as BTC seems to be consolidating around $16k while…
Crypto.com CEO said during an AMA that the exchange is not at any risk of insolvency. The clarification is coming after it emerged that the platform is struggling financially following…
FTX’s former CEO is speculated to be seeking passage to Dubai despite confirming his location as the Bahamas. The financial hole in the FTX keeps increasing as users lose hope…
The recent survey by Nickel Digital shows big market players find lack of secure crypto custodial solutions to participate in crypto. More regulatory clarity in 2022 is likely to push…
SBF believes that greater regulatory clarity will push more institutional players to the crypto space. Amid rising fiat inflation fears, billionaire investors are putting more money into crypto as a…