ftx exchange

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

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

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

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…

FTX and IRS Clash Over $24 Billion Tax Bill, FTT’s Crucial Backing in Doubt

Newt BettecDec 12, 20233 min read

FTX Faces $24 Billion Tax Bill from IRS In a surprising development, the Internal Revenue Service (IRS) in the United States has issued a massive tax…

FTX Recovery at Risk as IRS Challenges $24 Billion Tax Bill

Owen PatterDec 12, 20232 min read

New Leadership Scours Bankrupt Exchange’s Databases After the departure of SBF, the new leadership at FTX diligently searched through the bankrupt exchange’s databases to locate misplaced…

Renewed Confidence Drives Tether (USDT) Market Cap to Record $90 Billion

Owen PatterDec 6, 20233 min read

Tether Market Cap Reaches All-Time High Tether (USDT), the largest stablecoin globally, has achieved a record market capitalization of $90 billion before slightly retracting to $89.9…

Former Inmate Discloses Placement of Disgraced FTX Co-Founder on Suicide Watch in Prison

Newt BettecDec 1, 20232 min read

FTX Co-Founder’s Difficult Time in Prison Sam Bankman-Fried, the co-founder of FTX crypto exchange, reportedly faced challenging conditions while incarcerated at Brooklyn Metropolitan Detention Center (MDC)…

Bankman-Fried Faces Extortion Challenges in Brooklyn’s MDC, According to Report

Benito CormiDec 1, 20233 min read

SBF’s Challenging Prison Experience Sam Bankman-Fried, the former FTX boss who was once a prominent figure in the cryptocurrency industry, has encountered a stark contrast in…

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