On October 11, FTX client Nikolas Gierczyk sued hedge fund Olympus Peak, accusing the fund of buying his claims and making over $1 million from the transaction. However, Gierczyk claims…
On October 10, the creditors of FTX decided to drop a class action lawsuit they had filed against the US law firm, Sullivan & Cromwell (S&C). The lawsuit claimed that…
Key Points: Former FTX exec Ryan Salame has requested to postpone the start of his prison sentence to continue receiving medical treatment for injuries sustained in a dog attack. Salame…
BlockBeats news, October 9, according to TheBlock, according to a document released on Wednesday, former FTX executive Ryan Salame asked the court whether he could start jail in December instead…
Caroline Ellison, the former co-CEO of Alameda Research, has initiated a significant asset transfer to the FTX bankruptcy estate to resolve a lawsuit. The FTX debtors are focusing on recovering…
The cryptocurrency market may see a significant capital injection in the coming months, as FTX creditors are poised to receive over $12 billion in payouts. This influx is anticipated after…
According to BlockBeats news, Judge John Dorsey of the U.S. Bankruptcy Court of Delaware has approved FTX cryptocurrency trading platform’s reorganization plan. This allows for the distribution of funds to…
FTX’s Chapter 11 plan proposes returning 100% of assets to creditors, but the DOJ's approval will determine how competing claims from shareholders are resolved.
misleading rumors have circulated suggesting that FTX will begin distributing $16 billion to creditors starting next Monday
The recent false rumors of FTX distributing funds from October 1st and a $16 billion inflow to crypto are unfounded. The $5.5 billion in claims have been bought by 50%,…
FTX/Alameda is reportedly unstaking over $1 billion worth of Solana (SOL) tokens, as per Lookonchain's recent reports
The SEC is challenging FTX’s plan to repay creditors with cryptocurrency during its bankruptcy proceedings, and what it means for the future of crypto regulation
#Bitcoin is already up over $10,000 from it's recent low of $49,000. Discover the factors, trends, and future predictions driving this surge.
Discover essential tips on investing in crypto for beginners. Learn the basics, choose platforms, and secure your investments effectively.
FTX’s Collapse and Its Aftermath FTX, once a leading cryptocurrency exchange, filed for bankruptcy in November 2022 due to severe financial mismanagement and liquidity issues. This event led to billions…
In a bold move to diversify its business portfolio, Sony Group has officially entered the cryptocurrency exchange market by acquiring Amber Japan. This acquisition marks a significant step for the…
The FIT21 Act could reshape the American crypto landscape. regulates centralized finance, and sets a course for decentralized finance. Fine The FIT21 Act: A Game-Changer for Crypto The U.S. House…
In a recent interview from prison, Sam Bankman-Fried, the co-founder of the defunct FTX cryptocurrency exchange, shares insights into his life behind bars, his ongoing legal battle Sam Bankman-Fried, affectionately…
According to the latest data, transactions involving these two entities have raised eyebrows, amounting to a staggering $97.35 million worth of crypto assets liquidated within the past month alone. Arkham…
Sam Bankman-Fried has been sentenced to 25 years in prison and fined $11 billion in association with a fraudulent scheme tied to the downfall of his cryptocurrency exchange FTX. The…
FTX bankruptcy estate has closed a monumental deal to sell the majority of its shares in Artificial Intelligence (AI) startup, Anthropic. The sale, totaling a remarkable $884 million, has garnered…
Regulating the Digital Frontier: Elizabeth Warren’s Crusade for Crypto Compliance The cryptocurrency industry, a domain once heralded as the beacon of decentralized finance, is standing at the crossroads of transformative…
FTX and Alameda Research, have orchestrated substantial movements of assets, amounting to a staggering $23.59 million. The transfers, as reported by SpotOnChain, encompass a diverse range of tokens and involve…
The SEC’s Ongoing Probe into Binance.US and CZ Binance Unveils New Developments The Securities and Exchange Commission (SEC) continues its rigorous investigation into Binance.US and its former CEO, Changpeng “CZ”…
In a recent development, Bloomberg reports that the SEC is advising spot Bitcoin ETF issuers to opt for cash creations rather than in-kind creations for these ETFs. This move, seen…