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Nalezeno "CZ FTX": 4557

FTX navigates post-bankruptcy options, weighs sale or revival

25.10.2023
These options reportedly encompass selling the entire exchange, including its extensive customer base of over 9 million, to the potential of forming a partnership with another entity to revive the platform

FTX Reportedly Considering Bids to Restart Exchange, Decision Expected by Year End

25.10.2023
Fallen crypto exchange FTX is currently evaluating proposals from three prospective bidders seeking to restart the crypto trading platform, according to a recent Bloomberg report. During a court hearing held in Wilmington, Delaware, Kevin M. Cofsky, the investment banker representing FTX from...

BlockFi Clients Can Now Submit Withdrawal Requests as Bankruptcy Plan Takes Effect

25.10.2023
The US-based crypto lending company BlockFi has emerged from bankruptcy, allowing clients to begin the process of withdrawing their assets. This development comes nearly 11 months after BlockFi was caught in the turbulence of the cryptocurrency industry, triggered by the disastrous collapse...

Sam Bankman-Fried Defense Has 6 Witnesses to Open With: DOJ

25.10.2023

BlockFi emerges from bankruptcy and opens wallet withdrawals

24.10.2023
BlockFi announced that it is allowing both U.S. and international users to submit withdrawal requests

Sam Bankman-Fried seeks expert to counter testimony from DOJ witnesses

24.10.2023
Former FTX CEO Sam Bankman-Fried intends to call on a financial expert to rebuff testimonies from Caroline Ellison, Gary Wang, Nishad Singh and Adam Yedidia

Sam Bankman-Fried Proposes Financial Expert as Witness to Rebut DOJ Testimony

24.10.2023

FTX Creditors' Lawyers Promote Deal Giving Investors 90% of What's Left in SBF's Empire

23.10.2023
A deal was secured to pay those who had money at defunct FTX as much as 90% of the assets that remain, and now the lawyers representing some creditors are trying to get enough of those investors on board to make it happen

FTX Creditor Claims Priced Above $0.50 in Over-the-Counter Transactions

23.10.2023
A number of over-the-counter (OTC) transactions involving FTX creditor claims are valuing these claims at over 50 cents on the dollar. According to a report by The Block, the price is a notable increase from earlier, and was revealed by Thomas Braziel, a specialist in FTX debt claims at...

Regulators around the globe assert more control over crypto: Law Decoded

23.10.2023
From Hong Kong to Europe and the United States, regulators are pushing for more oversight and control over digital assets

From Effective Altruism to Terms of Service — Pivotal Points in Bankman-Fried’s Court Battle

23.10.2023
Lawyers for former FTX CEO Sam Bankman-Fried have given proposed jury instructions to the court in advance of jury deliberations and his verdict. These instructions clarify the defense’s legal positions and emphasize their client’s right to be presumed innocent until proven guilty....

FTX creditor claims heat up as bankruptcy proceedings drive forward

23.10.2023
The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday

Skybridge Boss Scaramucci Predicts Bitcoin’s Value Could Multiply 11-fold With Blackrock’s ETF Approval

22.10.2023
Anthony Scaramucci, founder of Skybridge Capital, believes that if the U.S. Securities and Exchange Commission (SEC) approves Blackrock’s spot bitcoin exchange-traded fund, the value of bitcoin could surge significantly. Scaramucci also discussed Sam Bankman-Fried, the former head of...

Sam Bankman-Fried trial moves to final stages

22.10.2023
The trial of Sam Bankman-Fried is reaching a conclusion, with the prosecution set to rest its case on Oct. 26

Ex-General Counsel Sheds Light on FTX’s $7B Gap in Bankman-Fried Fraud Trial

22.10.2023
FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told prosecutors he resigned the day after realizing the scope...

NY sues crypto firms, FTX’s Nishad faces 75 years in jail, and Grayscale’s new BTC filing: Hodler’s Digest, Oct. 15-21

21.10.2023
Nishad Singh testifies in Sam Bankman-Fried’s trial; New York sues Gemini, Genesis and Digital Currency Group; and Grayscale files for new spot Bitcoin ETF

Unverified ETF, Legaled FTX, Blamed SEC and 20 Crypto Jokes

21.10.2023
This week in crypto: bitcoin pumped from under $28,000 to $30,000 on Monday as unverified rumors that the US SEC had approved BlackRock’s iShares spot Bitcoin ETF application hit social media, Sui faced turbulent times as its price hit all-time lows, and Depository Trust & Clearing Corporation...