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Nalezeno "ftx": 4556

FTX’s Bahamas Arm a ‘Nullity’ That Should Be Stripped of Assets: Court Filings

20.3.2023
The Caribbean arm is a mere shell to further Sam Bankman-Fried’s fraud, the company alleged

SBF shilled FTX risk model to FDIC chairman Gruenberg prior collapse

19.3.2023
The invitation was mediated by former CFTC Commissioner Mark Wetjen, who joined FTX US as the Head of Policy and Regulatory Strategy in Nov. 2021

FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders

18.3.2023
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion...

Sam Bankman-Fried to propose revised bail package ‘by next week’

18.3.2023
The move comes after a judge expressed displeasure about SBF’s use of encrypted-messaging apps and virtual private network services while on bail

Africa-Focused Fintech Chipper Cash Weighs Possible Sale of Business

18.3.2023
One of Africa’s fintech giants, Chipper Cash, is said to be weighing the possibility of selling the business or bringing in new investors. According to the CEO of the FTX and Silicon Valley Bank-backed fintech startup, Chipper Cash had insignificant exposure to both SVB and Signature Bank....

FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy

17.3.2023
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

FTX debtors report $11.6B in claims, $4.8B in assets with many crypto holdings 'undetermined'

17.3.2023
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

How Effective Altruism Power Brokers Helped Make Sam Bankman-Fried

17.3.2023

YouTube Influencers Face $1 Billion Class-Action Lawsuit Over FTX Endorsements – Who's Caught in the Crossfire?

17.3.2023
A number of high-profile crypto and finance YouTubers are involved in a class-action lawsuit for promoting the now-defunct cryptocurrency exchange FTX. The lawsuit’s plaintiff is Edwin Garrison, who is seeking $1 billion in damages because the YouTubers “promoted FTX crypto fraud without...

FTX influencers face $1 Billion class-action lawsuit over alleged crypto fraud promotion

16.3.2023
The suit is led by Edwin Garrison and was filed against "FTX influencers," primarily on the YouTube platform

First Mover Americas: Investors Pull Coins From Bitcoin Funds

16.3.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for March 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

FTX fiasco set the approval of Bitcoin spot ETFs back: Valkyrie investment chief

16.3.2023
The chief investment officer at Valkyrie Investments, Steven McClurg, explains how firms are working around a challenging regulatory environment to bring Bitcoin spot ETFs to the U.S. market

FTX Paid Around $2.2B to Sam Bankman-Fried, New Management Says

16.3.2023
The failed crypto exchange made a total of $3.2 billion in payments to Bankman-Fried and other key employees

SBF's inner circle received $3.2B, mainly from Alameda: Court filings

16.3.2023
Billions worth of loans and payments flowed from FTX entities to Sam Bankman-Fried and five other former executives of FTX and Alameda Research

1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX

16.3.2023
Terra Luna's former co-founder, Do Kwon, who lost $11 million in the bet, is currently wanted by Interpol and is reportedly hiding in Serbia

Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees

15.3.2023
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

Today in Crypto: Europol Closes ChipMixer & Seizes BTC 1909, 'Surge in Cold Storage & ETH Layer 2 Usage' Post-FTX, Synalcom & Qori Enable Crypto Transactions for 20K Businesses in 'One Action'

15.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Europol Closes ChipMixer & Seizes BTC 1909, 'Surge in Cold Storage & ETH Layer 2 Usage' Post-FTX, Synalcom...