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IRS claiming $44B from FTX bankruptcy: Report

[May 10, 2023 2:04 PM] The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research.

U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy

[May 10, 2023 1:05 PM] The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes.

FTX Lawsuit Against Shaq Takes a Wild Turn: Court Documents Allegedly Thrown at NBA Star’s Car

[May 10, 2023 11:30 AM] In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served in the FTX class-action lawsuit. As per the document, servers allegedly hurled the court…

Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2022, says exec

[May 10, 2023 6:41 AM] DBS Bank’s crypto trading platform has been attracting more institutional investors due to crypto exchanges that collapsed last year.

Bear market pushes crypto events to cut fluff, prioritize discourse

[May 9, 2023 9:14 PM] “Huge DJs” no longer appear at crypto events, instead, attendees are seeing more “well thought out, intelligent questions” being asked.

Shaquille O'Neal claims process servers 'tossed' FTX legal papers at his moving car

[May 9, 2023 1:30 PM] The NBA star appeared in a June 2022 commercial saying he was “all in” on FTX, one of many endorsements that led to a class-action lawsuit following the exchange's collapse.

OKX just sent $60M in USDT, MASK token to Alameda Research

[May 9, 2023 11:30 AM] The fund transfer may be part of a recovery effort to repay creditors of the failed FTX crypto exchange.

Why Author Brady Dale Is 'Drowning' in Sam Bankman-Fried

[May 9, 2023 7:32 AM] Before his business collapsed, FTX founder Sam Bankman-Fried built one of the cryptocurrency industry's largest exchanges and personal brands by dazzling the media, public and politicians. Axios reporter Brady Dale argues SBF's addiction to fame…

FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition

[May 9, 2023 7:30 AM] Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers insist that prosecutors have not obtained consent from Bahamian…

FTX's Sam Bankman-Fried Moves to Dismiss Most Criminal Charges Against Him

[May 8, 2023 9:12 PM] FTX founder Sam Bankman-Fried filed pretrial motions to dismiss a majority of the charges he faces on various grounds late Monday.

FTX founder Sam Bankman-Fried urges court to dismiss charges

[May 8, 2023 8:27 PM] Lawyers representing Sam Bankman-Fried want all but three charges against him dismissed in a filing on May 8.

SUI price drops 70% from market debut top amid excessive supply concerns

[May 5, 2023 6:44 AM] The circulating supply of SUI tokens will grow by nearly 15% by the end of 2023.

FTX bankruptcy judge approves sale of LedgerX

[May 4, 2023 1:30 PM] The judge said he read all the papers and declarations related to the FTX debtors’ motion for the sale of LedgerX and was “satisfied” with the proceedings.

FTX seeks to claw back $4B from Genesis in a battle of the bankrupt

[May 3, 2023 5:39 PM] The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model.

FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case

[May 3, 2023 3:48 PM] Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday.

FTX Bold Move: Sells SUI For $100 Million, Tokens Now Worth $1 Billion

[May 3, 2023 2:00 PM] According to the trader and analyst of the crypto market under the pseudonym “Googly,” the fallen crypto exchange FTX sold warrants for $884 million SUI tokens to Mysten Labs and preferred stock for less than $100 million in March. The paper…

FTX investor Temasek pours $10M in algorithmic currency system Array

[May 1, 2023 7:29 AM] The new algorithmic currency system aims to provide a more “stable, efficient and scalable” asset than common coins like Bitcoin.

'Opportunism and Demagoguery' Fuel the U.S. Regulatory Crackdown, Steptoe Partner Says

[Apr 28, 2023 3:30 PM] Steptoe Partner Jason Weinstein, on the stage at Consensus 2023 in Austin, Texas, said this latest wave of crackdowns on the crypto industry is the worst he has ever seen.

Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance

[Apr 28, 2023 2:30 PM] This week’s Crypto Biz explores Google expanding its Web3 program, the U.K.’s $125 AI pledge, FTX selling LedgerX and Binance.US backing out of its Voyager purchase.

Former FTX exec Ryan Salame’s home searched by FBI: Report

[Apr 27, 2023 7:11 PM] It’s unclear what the Bureau was searching for in the home of the former co-CEO of FTX Digital Markets, who worked closely with Sam Bankman-Fried.

Scaramucci Recounts Harrowing Final Days of FTX, Visit to Bahamas to See Sam Bankman-Fried

[Apr 27, 2023 12:47 PM] The SkyBridge founder walked in on a “war room” when he traveled to talk face to face with the now-disgraced Bankman-Fried as the exchange unraveled.

Bahamian Prime Minister Doesn’t Regret FTX

[Apr 27, 2023 11:17 AM] The Bahamas recently overhauled its crypto regulations and says its “open for business” for legitimate digital assets companies.

Binance CEO denies $28B wealth: ‘I don't have anywhere near as much’

[Apr 27, 2023 3:05 AM] According to Bloomberg's rich list, Binance CEO Changpeng “CZ” Zhao is supposed to be ranked in the top three finance billionaires worldwide.

Bahamas Seeks to Tighten Its Crypto Laws Following FTX Collapse

[Apr 26, 2023 4:55 AM] A bill published for comment includes restrictions on stablecoins, proof-of-work mining and crypto staking.

Crypto Has Evolved From Being Seen as an ‘Anti-Establishment Rebellion Asset’ Says FCA Executive Director

[Apr 26, 2023 2:00 AM] From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more widespread,” says Sarah Pritchard, an executive director at the United Kingdom’s Financial…

FTX sells LedgerX for $50M to affiliate of Miami-based exchange holding company

[Apr 25, 2023 3:58 PM] The futures and options exchange was purchased by FTX.US in 2021 to expand its spot trading services. Three other FTX assets remain up for sale.

Binance US Pulls the Plug: Voyager Purchase Deal Falls Through

[Apr 25, 2023 3:30 PM] According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its…

FTX's LedgerX Derivatives Exchange Sold to Miami International Holdings in Bankruptcy Auction

[Apr 25, 2023 2:35 PM] FTX.US last purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk.

Judge approves taps on SBF’s parents’ phones to meet bail conditions

[Apr 24, 2023 6:59 PM] Surveillance software installed on Sam Bankman-Fried’s parents’ phones will track every minute of their activity across browsers, messaging and calls.

Solana (SOL) Plunges Over 13% – Will It Bounce Back?

[Apr 22, 2023 9:40 PM] Solana is facing its share of the bearish sentiment in the cryptocurrency market today. SOL has held above $20 since it jumped from $18 to $24 on January 14.  However, the coin has seen a drop of 12.54% in price in the last seven days. Now…