[Mar 18, 2023 5:02 AM] The move comes after a judge expressed displeasure about SBF’s use of encrypted-messaging apps and virtual private network services while on bail.
[Mar 17, 2023 3:56 PM] The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers.
[Mar 17, 2023 3:16 PM] The presentation reported $25 million in donations — political and otherwise — from three of the FTX silos, but added “limited information” was available on crypto donations.
[Mar 16, 2023 4:00 PM] On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent…
[Mar 15, 2023 11:50 PM] Billions worth of loans and payments flowed from FTX entities to Sam Bankman-Fried and five other former executives of FTX and Alameda Research.
[Mar 15, 2023 3:00 PM] FTX's legal counsel requested insurers to advance or reimburse Bankman-Fried's defense costs and fees under the company's directors and officers (D&O) insurance.
[Mar 14, 2023 5:32 AM] Three wallets, reportedly associated with FTX and its subsidiary, Alameda Research, have moved 69.64 million USDT and 75.94 million USDC.
[Mar 14, 2023 2:27 AM] JOMO is that "I-was-right-about-the-market" joyful feeling after narrowly escaping a bad trade and potentially catastrophic losses.
[Mar 13, 2023 1:01 AM] Court cases involving the SEC and some major crypto industry enterprises — Voyager Digital, Alameda Research and Binance.US — have continued to progress in 2023.
[Mar 10, 2023 4:00 PM] U.S. District Judge Lewis Kaplan expressed concern that SBF could find ways to evade the restrictions and covertly communicate with others electronically.
[Mar 9, 2023 4:01 PM] According to Mike Belshe, the United States Securities and Exchange Commission’s reluctance to address a “basic” regulatory issue like the issuance of a BTC ETF could have paved the way for FTX’s alleged illicit activities.
[Mar 9, 2023 5:48 AM] The investment branch of FTX, Alameda Research, reached an agreement to sell its interest in Sequoia Capital for $45 million in cash to the Abu Dhabi sovereign wealth fund.
[Mar 7, 2023 11:51 PM] A January survey from Paxos found that 89% of respondents still trusted “intermediaries” to hold their crypto, despite the collapses and bankruptcies in 2022.
[Mar 7, 2023 9:00 AM] FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that…
[Mar 6, 2023 4:00 PM] Grayscale’s CEO as well as owners Digital Currency Group and Barry Silbert allegedly violated trust agreements, according to the lawsuit.Alameda Research Ltd., the hedge fund belonging to disgraced ex-billionaire Sam Bankman-Fried, is suing…
[Mar 6, 2023 3:59 PM] The FTX debtors want to “unlock” $9 billion in share value and management fees that they dispute through the Delaware Court of Chancery.
[Mar 6, 2023 3:42 PM] The legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX's bankruptcy case.
[Mar 6, 2023 10:30 AM] In the wake of significant collapses in centralized finance (CeFi) platforms, the crypto industry is witnessing a significant shift in funding from CeFi to decentralized finance (DeFi) platforms, according to a recent report by CoinGecko. The…
[Mar 6, 2023 12:30 AM] Numbers from the Brazilian tax authority indicate that the cryptocurrency market experienced a resurgence in January, with trading increasing more than 10% compared to December. Tether’s usdt is still the currency that moves the most volume…
[Mar 5, 2023 2:30 PM] The U.S. attorney for the Southern District of New York (SDNY), Damian Williams, and the Department of Justice (DOJ) are requesting “proposed modifications” to the bail conditions of former FTX CEO, Sam Bankman-Fried. The SDNY…
[Mar 3, 2023 4:30 PM] On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as…
[Mar 3, 2023 12:01 PM] The total crypto market cap slipped below $1.025 trillion as concerns over Silvergate Bank’s solvency triggered a sharp sell-off in BTC, ETH and altcoins.
[Mar 2, 2023 5:35 PM] FTX and FTX US together have billions in deficits in their exchange wallets and fiat accounts, uncovered in a "huge effort" according to the exchange's CEO.
[Mar 2, 2023 2:30 PM] On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating payments to or from Silvergate Bank.” The news follows the crypto bank’s…
[Mar 1, 2023 2:00 PM] Singh’s former colleagues Ellison and Wang consented to stays in their CFTC cases; Singh has agreed to submit a consent order proposal in the CFTC case.
[Mar 1, 2023 5:11 AM] Despite Hodlnaut creditors insisting on the firm’s liquidation, the founders keep trying to save the business and sell it to potential investors.
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