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FTT Surges 50% On FTX Creditors’ Claims Settlement And Billions In Compensation: How High Can It Rise?

[May 8 1:00 PM] In a significant development, defunct cryptocurrency exchange FTX has unveiled a reorganization plan to reimburse almost all of its customers.  The announcement has sparked a substantial surge in the exchange’s native token, FTT, which…

BREAKING: Sam Bankman-Fried Sentenced To 25 Years In Prison

[Mar 28 10:14 AM] In a highly anticipated courtroom verdict, Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for defrauding users. US District Judge Lewis Kaplan delivered the judgment during a…

FTX And IRS Lock Horns Over $24 Billion Tax Bill, FTT’s Key Support Wavers

[Dec 12, 2023 7:00 PM] In a striking turn of events, the Internal Revenue Service (IRS) in the United States has presented a staggering tax bill of $24 billion against the bankrupt cryptocurrency exchange FTX.  FTX Challenges IRS’s $24 Billion Tax Bill According to…

Disgraced FTX Co-Founder Placed On Suicide Watch In Prison, Reveals Former Inmate

[Dec 1, 2023 3:00 PM] Sam Bankman-Fried, the co-founder of the FTX crypto exchange, who was recently found guilty of multiple counts of criminal fraud, reportedly faced a harrowing experience while incarcerated.  According to a former mobster turned federal informant…

From Crypto To Catch: Disgraced FTX Founder Turns To Trading Fish In Prison

[Nov 23, 2023 4:30 PM] According to a report by Business Insider, Sam Bankman-Fried (SBF), co-founder and former CEO of FTX, has adapted to the economic system of New York’s Metropolitan Detention Center (MDC), where he is currently awaiting sentencing on multiple…

FTX’s FTT Token Leads Market Gains With 55% Rally, What’s Driving It?

[Nov 23, 2023 10:00 AM] The utility token of the defunct crypto exchange FTX, FTT is one of the top gainers in the last few days, rising 55% in just 48 hours alone. This has led to speculations as to what may be driving the token’s rally. One of them relates to a recent…

FTT Skyrockets Amid FTX Acquisition Rumors Tied to NYSE’s Ex-President

[Nov 9, 2023 10:30 AM] FTX’s proprietary token, FTT, has witnessed an impressive surge of over 80% following reports that say Tom Farley, the former president of the New York Stock Exchange (NYSE), is potentially interested in acquiring and rebooting the collapsed…

FTX Ramps Up Restitution Efforts, Subpoenas AI Firm CAIS Over $6.5M Investment

[Oct 26, 2023 1:00 PM] Bankrupt crypto exchange FTX, led by newly appointed CEO John Ray III, has embarked on an intensive legal campaign to regain control and recover assets in its pursuit of financial restitution.  As founder Sam Bankman-Fried awaits possible…

Court Rules Sam Bankman-Fried Will Remain In Jail Through Trial, Here’s Why

[Sep 29, 2023 2:30 PM] During a court hearing held on Thursday, September 28, 2023, the Court ruled that the former CEO of now-bankrupt crypto exchange FTX Sam Bankman-Fried aka SBF will remain in jail throughout his trial. Sam Bankman-Fried To Remain In Jail Throughout…

FTX Wallets Begin Moving Tokens One Month To Sam Bankman-Fried’s Trial

[Sep 4, 2023 9:30 AM] Following the FTX crash back in November 2022, there was still a good chunk of crypto running into the billions left in the exchange’s wallets after the new team’s recovery efforts. These tokens have sat idle for a long time in the wallet as the…

FTX’s-Sam Bankman-Fried Puts Trial Defense Together With 7 Expert Witnesses

[Sep 1, 2023 8:00 AM] Sam Bankman-Fried (SBF), the founder of the defunct FTX exchange, is set to face trial in October, barring any postponement. Amid the fracas, the former exchange CEO has maintained that he isn’t guilty of all these charges leveled against him and…

FTX Token (FTT) Price Doubles In 24 Hours, Here’s Why

[Apr 13, 2023 5:05 AM] FTX Token (FTT) is currently one of the top gainers in the crypto market in the last day as the coin rose over 100%. This sudden growth was triggered by an announcement that said the bankrupt FTX exchange could possibly reopen for business soon…

Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase

[Feb 15, 2023 9:00 AM] A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former…

FTX Token Jumps 65% As SBF Returns Home, Can FTT Hold The Gains?

[Dec 23, 2022 11:00 AM] FTX Token (FTT) saw massive gains on Thursday as news of former CEO Sam Bankman-Fried making bail spread across the space. The rapid uptick in the price of the token showed the positivity, albeit brief, that had spread across investors in the…

Despite the Former FTX CEO’s Media Tour Many Unanswered Questions Remain

[Dec 1, 2022 12:30 PM] Former FTX CEO Sam Bankman-Fried (SBF) has been talking a lot more since his exchange collapsed a few weeks ago, as he’s spoken at the New York Times Dealbook Summit, sat down with Good Morning America host George Stephanopoulos, and…

Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’

[Dec 1, 2022 4:00 AM] On Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview since the crypto exchange’s downfall. SBF told the Dealbookâ€

Sam Bankman-Fried Interview Reveals Dark Donations to Republicans, FTX’s ‘Poorly Labeled Accounting’

[Nov 30, 2022 9:00 AM] On Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview was released. During the interview, SBF discussed who he thinks…

Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above $1 per Unit

[Nov 27, 2022 1:00 PM] While a large fraction of crypto assets dropped a great deal in value during the past few weeks and bitcoin is down 18.2% in 30 days, the exchange coin ftx token (FTT) still trades above a U.S. dollar per unit. Moreover, the unknown entity known as…

People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses

[Nov 18, 2022 1:30 PM] Despite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022. FTT was once a top-30 crypto asset, and now the token has no…

Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect

[Nov 18, 2022 11:30 AM] An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino…