29 / 58 Relevant items tagged with #FTX

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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…

Former US Secret Service Asst. Director: Keep personal info of FTX users private

[Apr 21, 2023 3:40 PM] Jeremy Sheridan claimed FTX users could become the targets of physical harm as well as attacks through online scams if their information was disclosed.

What Taylor Swift Can Teach You About Investing

[Apr 21, 2023 10:27 AM] The megastar reportedly dodged a catastrophic deal with FTX by asking one simple question.

Spreading misinformation about Changpeng Zhao 'was the norm' for SBF, says Binance CSO

[Apr 21, 2023 10:25 AM] Binance chief strategy officer Patrick Hillmann claimed former FTX CEO Sam Bankman-Fried was "constantly" using his platform to disparage CZ without considering the FTX Token sale.

Ontario Teachers' Pension Plan Won't 'Rush' Into Crypto After FTX Write-Off: FT

[Apr 21, 2023 5:51 AM] The $190 billion Canadian pension fund is "still working through what exactly happened there," according to its CEO.

$190B Ontario pension says no to crypto after FTX investment loss

[Apr 21, 2023 5:21 AM] The pension fund had invested twice in the now-bankrupt crypto exchange, once during the peak of the bull run in 2021 and again in early 2022.

FTT Token On a 8% Rockslide Despite FTX Ray Of Hope. Here’s Why

[Apr 20, 2023 3:00 PM] FTT Token, the native coin of the failed crypto exchange FTX, is experiencing a slide in today’s trading session. While it started the trading day negatively, it showed no recovery and further declined in price, recording up to an 8% loss and…

Multiple Silvergate lawsuits over alleged FTX ties combined by judge

[Apr 19, 2023 10:06 PM] Plaintiffs seeking damages from Silvergate’s collapse have joined forces via their respective lawsuits.

First Mover Americas: Bitcoin Slides Toward $29K

[Apr 19, 2023 6:15 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Tribe Capital considers reviving bankrupt crypto exchange FTX: Report

[Apr 18, 2023 2:37 PM] The venture capital company is reportedly considering spearheading a fundraising campaign to raise $250 million to revive FTX.

FTX Reboot Plan Attracts Interest From VC Firm Tribe Capital: Report

[Apr 18, 2023 11:20 AM] The collapsed exchange's creditors are working with the company "to evaluate all options to reboot or sell the FTX exchanges."

Payments Firm Nuvei’s Ties With FTX Questioned in Spruce Point Capital Report

[Apr 18, 2023 9:14 AM] Nuvei (NVEI) shares could face as much as 50% long-term downside in part thanks to its connection with fallen crypto exchange FTX, said Spruce Point Capital Management in a report released on Tuesday morning.

NBA Hall of Famer Shaq Served in FTX Investor Suit

[Apr 18, 2023 8:30 AM] A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s…

First Mover Americas: Ether Holds Above $2K

[Apr 17, 2023 6:18 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Shaquille O'Neal Finally Served FTX Lawsuit: Lawyers

[Apr 17, 2023 12:42 AM] Legendary Basketballer Shaquille O'Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday.

FTX Finds $7.3 Billion in Liquid Assets; Lawyers Consider Rebooting Shuttered Crypto Exchange

[Apr 13, 2023 8:30 AM] FTX debtors revealed during a hearing on April 12th that the restructuring team has collected $7.3 billion in liquid assets. The exchange is currently considering a relaunch, according to a lawyer representing the defunct cryptocurrency exchange…

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…

FTX’s Bankruptcy Lawyers: ‘The Dumpster Fire Is Out’

[Apr 12, 2023 2:20 PM] Five months after the spectacular implosion of FTX, the Bahamas-based exchange’s new legal team has a message for both the U.S. bankruptcy court and creditors alike: “The situation has been stabilized and the dumpster fire is out.”

FTT Token Surges 45% As Crypto Exchange FTX Explores Reboot

[Apr 12, 2023 12:32 PM] Failed crypto exchange FTX’s native token, FTT, is expiring upside volatility, recording important profits over today’s trading session. The token is reacting to the news of FTX’s potential relaunch. As of this writing, FTT is trading north of $2…

FTX has recovered $7.3B in assets, will consider rebooting exchange

[Apr 12, 2023 12:06 PM] Sam Bankman-Fried's failed cryptocurrency exchange filed for bankruptcy in November 2022 and has since been mired in court proceedings.

Crypto Exchange FTX Could Reopen, Its Attorney Says; Firm’s FTT Token Surges

[Apr 12, 2023 11:42 AM] FTT jumped as much as 36%.

Swiss court gives green light for FTX to sell its European arm

[Apr 12, 2023 11:30 AM] The approval of a petition in Switzerland allowing FTX Europe AG's sale would be in accordance with U.S. bankruptcy court, where FTX's global business filed for Chapter 11.

Alameda to Be Repaid $53M Deltec Loan, Delaware Bankruptcy Court Rules

[Apr 12, 2023 9:55 AM] The 2021 payment to Deltec International was originally approved by FTX's Ryan Salame.