ftx exchange

Appellate Court Orders Independent Inquiry into FTX, Triggering Heightened Scrutiny

Appellate Court Orders Independent Inquiry into FTX, Triggering Heightened Scrutiny

Benito CormiJan 20, 20242 min read

U.S. Government Pushes for Independent Probe into FTX The U.S. government has fought for an external investigation into the FTX bankruptcy case. Initially, their request was…

Parents of SBF Contest FTX’s Effort to Reclaim Funds

Parents of SBF Contest FTX’s Effort to Reclaim Funds

Owen PatterJan 17, 20243 min read

FTX CEO’s Parents Face Allegations of Involvement in Business Dealings The FTX estate claims that Joseph Bankman and Barbara Fried, parents of FTX CEO Sam Bankman-Fried…

Celsius Successfully Transfers $125 Million to Crypto Exchanges as Part of Repayment Initiative

Celsius Successfully Transfers $125 Million to Crypto Exchanges as Part of Repayment Initiative

Owen PatterJan 15, 20243 min read

Celsius Repays Creditors with $125 Million ETH Transfer In an effort to repay its creditors, bankrupt lending firm Celsius has transferred over $125 million worth of…

FTX’s Bankman Fried’s Second Trial Suspended by DOJ, Citing Adequacy of Initial Evidence and Importance to the Public

FTX’s Bankman Fried’s Second Trial Suspended by DOJ, Citing Adequacy of Initial Evidence and Importance to the Public

Benito CormiDec 29, 20232 min read

FTX’s Bankman Fried Will Not Face Second Trial, According to Reports According to reports, the Department of Justice (DOJ) has announced that it will not pursue…

FTX Faces Criticism for $16 SOL Valuation in Repayment Plan

FTX Faces Criticism for $16 SOL Valuation in Repayment Plan

Owen PatterDec 29, 20232 min read

FTX Faces Backlash Over Repayment Plan FTX, the bankrupt cryptocurrency exchange, is facing criticism after revealing its repayment plan on December 27. The plan assigns a…

Speculation Ignites as FTX and Alameda Lock 73% of Solana Amid its Hot Streak

Speculation Ignites as FTX and Alameda Lock 73% of Solana Amid its Hot Streak

Owen PatterDec 22, 20232 min read

Solana’s Growth and Airdrops Solana’s native token, SOL, has been performing exceptionally well recently. It has become the fifth-largest cryptocurrency after surpassing XRP and briefly overtaking…

Judge Kaplan Denies Bankman-Fried’s Sentencing Delay Request, Affirms March 2024 Date

Judge Kaplan Denies Bankman-Fried’s Sentencing Delay Request, Affirms March 2024 Date

Benito CormiDec 20, 20233 min read

Sam Bankman-Fried Sentencing Date Proceeds as Kaplan Denies Delay In the latest development of the Sam Bankman-Fried case, the request for a postponement of the sentencing…

FTX Submits Revised Proposal for Creditor Compensation Amid Escalating Legal Costs

FTX Submits Revised Proposal for Creditor Compensation Amid Escalating Legal Costs

Owen PatterDec 18, 20232 min read

FTX Files Plan to Return Funds to Customers and Creditors FTX has submitted a proposal to distribute billions of dollars to its customers and creditors. The…

Challenges and Frustrations Disclosed by SBF’s Attorney in FTX Trial Defense

Challenges and Frustrations Disclosed by SBF’s Attorney in FTX Trial Defense

Owen PatterDec 13, 20233 min read

Legal Defense Head Frustrated with SBF’s Testimony The legal defense head, David Mills, representing Sam Bankman-Fried in the FTX fraud trial, has expressed frustration and disappointment…

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