[Sep 11, 2023 3:00 PM] In a recent Monday court filing, it was disclosed that the estate of bankrupt crypto exchange FTX has amassed approximately $7 billion in assets (3.4B in crypto), including $1.16 billion worth of Solana (SOL) tokens and $560 million in Bitcoin…
[Sep 11, 2023 11:27 AM] Ten percent of shareholder claims have been settled so far. They will be able to assess the condition of the company at a meeting that runs Sept. 11-12.
[Sep 11, 2023 8:00 AM] The bankrupt estate of cryptocurrency exchange FTX is suing blockchain company Layerzero Labs in an attempt to claw back a $45 million deal and over $40 million in withdrawals made in the days before FTX filed for bankruptcy. The lawsuit alleges…
[Sep 11, 2023 6:35 AM] Former FTX CEO Sam Bankman-Fried’s bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility.
[Sep 11, 2023 1:45 AM] Amid the bankruptcy proceedings of crypto exchange FTX, the market is in a state of heightened anxiety, and Solana (SOL) in particular saw a 7% drop in price yesterday following the spread of rumors. FTX is scheduled to appear in Delaware…
[Sep 10, 2023 7:54 PM] FTX laid out the millions it paid to the likes of Shaquille O’Neal, Naomi Osaka and other high-profile people it’s looking to get back.
[Sep 10, 2023 1:10 PM] FTX is seeking the cancellation of agreements made days before it collapsed, as well as the return of millions transferred to LayerZero Labs and its affiliates.
[Sep 10, 2023 12:00 PM] Attorneys for fallen cryptocurrency tycoon Sam Bankman-Fried are requesting his temporary release from a Brooklyn jail, arguing that limited access to trial evidence and computers is impeding his ability to prepare his defense. Sam…
[Sep 10, 2023 4:00 AM] Advisers working for FTX have analyzed if some payments made by the failed crypto exchange to sports stars and organizations can be returned. The money went to celebrity athletes, including basketball legend Shaquille O’Neal, and sports teams like…
[Sep 8, 2023 9:40 AM] The book on the former FTX CEO by ‘Big Short’ author Michael Lewis is scheduled to be released on Oct. 3, the day SBF's criminal trial in New York begins.
[Sep 7, 2023 1:00 PM] According to insiders who reached out to Bloomberg, there are intriguing developments surrounding Ryan Salame, the former co-chief executive of FTX Digital Markets. The buzz is that he is gearing up to admit guilt in response to criminal charges…
[Sep 7, 2023 8:47 AM] A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following the examples of Caroline Ellison, Gary Wang, and Nishad Singh.
[Sep 6, 2023 1:43 PM] The motion from Sam Bankman-Fried’s lawyers will now go to a three-judge panel, with less than four weeks before the former FTX CEO’s criminal trial is set to begin in New York.
[Sep 6, 2023 1:30 PM] Arkham Intelligence, a leading crypto analytics firm, unveiled on Wednesday its findings on Grayscale’s Bitcoin Trust onchain holdings. This revelation comes just six days after Arkham shed light on the fund manager’s onchain ethereum…
[Sep 6, 2023 3:58 AM] The New York South District court revoked former FTX CEO Sam Bankman-Fried’s bail on Aug. 11 after an appeal from the prosecution in July citing multiple instances of violation of bail conditions.
[Sep 5, 2023 5:03 AM] Lack of cryptocurrency regulations have made the legal work on crypto bankruptcies more difficult and expensive, FTX lawyers said.
[Sep 4, 2023 11:30 PM] Rune Christensen, a co-founder of Maker, the Ethereum-based stablecoin protocol, has proposed to reimplement the protocol on a new chain forked from Solana. This move would be the final part of “Endgame,” an update to the protocol that…
[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…
[Sep 4, 2023 4:53 AM] Sam Bankman-Fried files a memorandum asking the court to deny recent requests filed by the Department of Justice calling them “unworkable.”
[Sep 4, 2023 12:30 AM] The FTX debtors filed a bankruptcy court document detailing lavish cash transfers and purchases by former CEO Sam Bankman-Fried and other company insiders. The section titled “Statement of Financial Affairs for Non-Individuals Filing for…
[Sep 3, 2023 4:30 PM] A biography of billionaire investor Elon Musk reveals details about his involvement in the Dogecoin project and an idea to launch a social media platform based on blockchain. The book, which should be available later this month, also mentions a…
[Sep 2, 2023 11:30 PM] Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S…
[Sep 1, 2023 8:27 AM] The purchase of the 55 million Robinhood shares had been expected following approval from the company’s board and a U.S. district court.
[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…
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