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FTX Loan Wiped Out $800M in BlockFi Executives’ Equity, Filings Reveal
12.1.2023
The crypto lender released extensive details of its finances in the run-up to its collapse in November
FTX Says it Has Secured Assets Worth $5 Billion in First Ray of Light for Creditors
12.1.2023
Bankrupt crypto exchange FTX has recovered over $5 billion in cash and liquid assets that may be used to repay creditors, a lawyer of the platform has said during a bankruptcy court hearing.
On Wednesday, FTX attorney Andrew G. Dietderich said in federal court in Wilmington, Delaware that they...
Judge slams senators' letter against FTX lawyers as 'inappropriate'
12.1.2023
Bankruptcy judge John Dorsey called the bipartisan letter “inappropriate," and that he won't take it into account in his decision for an independent examiner
FTX customers are safe from being doxxed, for now
12.1.2023
The decision comes after a Jan. 8 filing by FTX’s lawyers who argued that public disclosure could create an undue risk of identity theft or unlawful injury to FTX creditors
Crypto Markets Today: FTX Finds $5B, Bitcoin Extends Rally
11.1.2023
ALSO: Bitcoin tops $17,500 for the first time in almost a month, while ether held strong above $1,300. Equities closed higher
Miami-Dade gains right to remove FTX name from Heat arena
11.1.2023
County officials negotiated with the crypto exchange in 2021 to name Miami Heat's arena FTX Arena until 2040, for $135 million
FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges
11.1.2023
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that...
FTX Creditor Names Can Remain Sealed for Now, Judge Rules
11.1.2023
A Delaware bankruptcy judge allowed a list of creditors for FTX to remain sealed for at least another three months on Wednesday
Digital Currency Group CEO Barry Silbert Responds to Accusations by Gemini’s Cameron Winklevoss With Shareholders Letter
11.1.2023
Barry Silbert, CEO of Digital Currency Group (DCG), has released a letter to shareholders in response to a recent open letter from Gemini CEO Cameron Winklevoss. The letter, issued Tuesday by Winklevoss, calls for the DCG board to force Silbert to step down as CEO. Silbert shared his letter...
Letter From US Senators 'Inappropriate,' Won’t Sway Me, FTX Bankruptcy Judge Says
11.1.2023
Judge John Dorsey didn't seem impressed by the bipartisan communication from Elizabeth Warren, Cynthia Lummis and two other senators
Breaking: FTX has recovered over $5B in cash and liquid crypto: Report
11.1.2023
Previous reports suggested that FTX saw losses peak at nearly $9 billion in total liabilities
FTX Has Recovered 'Over $5B' in Assets, Bankruptcy Attorney Says
11.1.2023
Crypto exchange FTX has recovered more than $5 billion in different assets, not including another $425 million in crypto held by the Securities Commission of the Bahamas, a bankruptcy attorney said during a hearing Wednesday
First Mover Americas: CME BTC Futures Signal Worst of FTX-Induced Panic May Be Over
11.1.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
DCG chief Barry Silbert pens letter to shareholders, community reacts
11.1.2023
Barry Silbert’s letter to shareholders came just hours after Cameron Winklevoss wrote an open letter to him accusing him of defrauding customers
Introducing Civilization Network, the Gate to DEFI – Presale Live Token Listing January 23
11.1.2023
PRESS RELEASE. In the crypto world, 2022 was one of the most challenging years. In the wake of the FTX bankruptcy, users lost trust in centralized exchanges and began to question the security of client funds stored on centralized exchanges. Most of the top exchanges, including Binance, had been...
FTX Creditor Claims Going for 13 Cents on the Dollar on Bankruptcy Marketplace Xclaim
11.1.2023
Claims trading platform Xclaim says it has doubled its pool of claims buyers due to interest in FTX
Did Sam Bankman-Fried in Effect Pay VC Firms Like Paradigm to Invest in FTX in a Circular Funding Arrangement?
11.1.2023
New revelations indicate that there were some close links between Sam Bankman-Fried, the disgraced founder of collapsed cryptocurrency exchange FTX, and some of his major backers.
According to a new report by the Financial Times, Bankman-Fried invested $20 million in a fund managed by crypto...
Bitcoin CME Futures Draw Premium for the First Time Since FTX's Collapse
11.1.2023
While futures have flipped into premium, the "term structure" remains in backwardation, signaling caution among institutions
USDC transfer volume hit 5X USDT's in fallout from FTX collapse
11.1.2023
Although it has a much smaller market cap, on-chain data shows that USDC has a much greater transfer volume compared to its main competitor USDT
Bipartisan Group of US Senators Calls for Independent Examiner to Investigate FTX
10.1.2023
Four senators are urging the judge in the bankruptcy case to support a motion for to appoint an examiner