Tag: FTX News

News
Sam Bankman-Fried Seeks Lift on Bail Condition Restricting Access to FTX Funds

Sam Bankman-Fried Seeks Lift on Bail Condition Restricting Access to FTX Funds

According to court filings from January 28, Sam Bankman-Fried’s legal team is attempting to have a bail condition that prevents

News
Coinbase Director Flags FTX, Alameda’s $75M+ Worth stETH Sell-Off

Coinbase Director Flags FTX, Alameda’s $75M+ Worth stETH Sell-Off

Conor Rogan, Director, Coinbase, has stated two mystery wallets withdrew $75+ million worth of stETH from FTX on 6/8/22. In

Crypto Exchanges
Prosecutors Want Court to Ban SBF from Talking to Former Colleagues

Prosecutors Want Court to Ban SBF from Talking to Former Colleagues

On January 27, federal prosecutors in Manhattan stated that disgraced crypto public figure Samuel Bankman-Fried “SBF” had attempted to contact

Crypto Exchanges
Crypto exchange Digital Surge Secures Creditor Approval for Long-term Recovery Plan

Crypto exchange Digital Surge Secures Creditor Approval for Long-term Recovery Plan

Creditors have approved a long-term recovery plan for Digital Surge, an Australian cryptocurrency exchange that has faced troubles, according to

Crypto Exchanges
John Ray’s Plan to Relaunch FTX Faces Skepticism From Industry Experts

John Ray’s Plan to Relaunch FTX Faces Skepticism From Industry Experts

Industry experts have expressed doubt about FTX CEO John Ray’s plan to potentially relaunch the crypto exchange, citing concerns about

News
South Korea to Allow Security Token Offerings and Establish Safe Token Circulation System

South Korea to Allow Security Token Offerings and Establish Safe Token Circulation System

The South Korean government will permit the issuance of security tokens (STO) and will establish a safe token circulation system.

Crypto Exchanges
FTX Identifies $5.5 Billion in Liquid Assets, Faces “Substantial Shortfall” in Customer Owed Funds

FTX Identifies $5.5 Billion in Liquid Assets, Faces “Substantial Shortfall” in Customer Owed Funds

Failed crypto exchange FTX said Tuesday that it has identified $5.5 billion in liquid assets and current estimates show that

Crypto Exchanges
Japan Calls for Global Regulators To Enforce Strict Regulations on Cryptocurrencies

Japan Calls for Global Regulators To Enforce Strict Regulations on Cryptocurrencies

Japan is advocating for regulators worldwide to enforce regulations on cryptocurrencies in the same manner as they do for banks,

News
SBF’s FTX Recovers $5B, Plans to Sell $4.6B in Non-Strategic Investments: Attorney

SBF’s FTX Recovers $5B, Plans to Sell $4.6B in Non-Strategic Investments: Attorney

Sam Bankman-Fried’s (SBF) now bankrupt FTX exchange was valued at $32 billion just over a year ago. Reportedly losing $8

News
SBF-FTX Scandal Diverts Attention from U.S. Crypto Law

SBF-FTX Scandal Diverts Attention from U.S. Crypto Law

Prominent defendants in digital assets criminal cases often cite the uncertainty in the U.S. law’s cryptocurrency stance to ease severity.

News
100x’s Arthur Hayes on Western Finance, SBF, & China’s New Financial System

100x’s Arthur Hayes on Western Finance, SBF, & China’s New Financial System

100x Group’s Arthur Hayes’ Entrepreneur’s Handbook essay explains his views on the Western finance’s corruption and the SBF-FTX saga. Hayes

Crypto Exchanges
Silvergate Bank in Peril as U.S. Court Orders Seizure of FTX Funds

Silvergate Bank in Peril as U.S. Court Orders Seizure of FTX Funds

On January 4, a federal judge ordered FTX Digital Markets to turn over funds stashed in accounts of investment bank