[Nov 17, 2022 1:00 PM] The agency overseeing Indonesia’s crypto market has stopped the trading of FTX tokens on domestic platforms. The announcement comes after FTX, the exchange that issued the FTT token, filed for bankruptcy in the United States and was subjected to…
[Nov 17, 2022 8:25 AM] A fresh bankruptcy filing from FTX chief restructuring officer John Ray III highlights that Sam Bankman-Fried received $1 billion in loans from FTX-related silo companies.
[Nov 17, 2022 8:05 AM] The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect.
[Nov 17, 2022 1:30 AM] Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According to an issued statement, the platform will be allowed to provide limited financial services until Dec. 19…
[Nov 16, 2022 3:00 PM] “I was on the cover of every magazine, and FTX was the darling of Silicon Valley,” said the former CEO on the crypto firm’s path to bankruptcy.
[Nov 16, 2022 6:30 AM] The Turkish agency responsible for tackling money-related crime has initiated an investigation against troubled crypto exchange FTX. Days after the trading platform filed for bankruptcy in the United States, the department revealed it has been…
[Nov 16, 2022 1:00 AM] Claims that Ukraine has invested military aid into the bankrupt crypto exchange FTX have been rebutted by a representative of the Ukrainian government. Speculation circulated on social media suggested such funds have been returning to the U.S. via…
[Nov 15, 2022 3:30 PM] News of BlockFi’s potential bankruptcy filing comes only a day after the platform denied allegations that the majority of its assets were held on FTX.
[Nov 15, 2022 1:30 PM] On Nov. 15, 2022, the crypto exchange Liquid Global revealed that it has suspended fiat and crypto withdrawals “until further notice.” The same day, customers leveraging the crypto lending platform Salt were also informed that Salt has paused…
[Nov 15, 2022 11:30 AM] On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional liquidator in the FTX investigation. The SCB…
[Nov 15, 2022 7:37 AM] In the latest bankruptcy filing for the exchange, it was revealed that there may be 1 million creditors, rather than the 100,000 initially estimated.
[Nov 14, 2022 11:30 AM] In light of a recently published real estate listing, former FTX CEO Sam Bankman-Fried (SBF) is reportedly selling a 12,000-square-foot penthouse in the Bahamas for $39.9 million. Moreover, reports further detail that FTX Property Holdings spent…
[Nov 13, 2022 3:30 AM] A string of organizations competing in various sports are pulling out of sponsorship deals with beleaguered cryptocurrency exchange FTX. The coin trading platform had pledged millions of dollars to building up brand recognition among sports fans…
[Nov 12, 2022 4:30 PM] Following the reports that said FTX wallets were being drained and the FTX Telegram channel’s admins that detailed its possible malware might be present in FTX-related apps and websites, the company’s new CEO John Ray confirmed there were…
[Nov 11, 2022 11:30 PM] The wallet address in question received funds from various international and U.S.-based wallets linked to FTX, which amassed over 83,878.63 ETH (worth over $105.3 million) in just two hours.
[Nov 11, 2022 3:46 PM] Amy Wu’s resignation followed the news 134 companies associated with the FTX Group would be filing for bankruptcy under Chapter 11 in the United States.
[Nov 11, 2022 2:30 PM] After FTX International’s parent firm West Realm Shires Services filed for Chapter 11 bankruptcy protection in Delaware, users noticed that FTX US was included in the bankruptcy filings. On the U.S. exchange’s website, the firm notes…
[Nov 11, 2022 12:30 PM] The philanthropic effort created by the troubled crypto exchange FTX has detailed it is sunsetting operations and told the community that members were “shocked and immensely saddened” by the turn of events that transpired around the trading…
[Nov 11, 2022 9:16 AM] FTX Group, which includes FTX U.S., filed for Chapter 11 bankruptcy following an intense liquidity crisis; CEO Sam Bankman-Fried stepped down.FTX has filed for Chapter 11 bankruptcy.The move includes FTX US, the group’s American subsidiary…
[Nov 11, 2022 8:36 AM] FTX CEO Sam Bankman-Fried has resigned from his position but will “remain to assist in an orderly transition” before being succeeded by John Ray.
[Nov 9, 2022 8:54 PM] According to reports, FTX CEO Sam Bankman-Fried asked investors for emergency funding to cover an $8 billion shortfall during a Nov. 9 investors call.
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