Bitcoin News / Bitcoinist - 11 months ago
The saga of FTX, the fallen cryptocurrency exchange, takes a shocking turn as new evidence suggests founder Sam Bankman-Fried (SBF) wasn’t acting alone.
Emails obtained by the Wall Street Journal allege a $100 million political donation scheme...
by COINS NEWS - 11 months ago
Sam βSBFβ Bankman-Fried, the founder of the collapsed crypto exchange FTX, is at the center of a $100 million financial scandal marked by the misuse of company assets to fund political donations. Emails recently brought to light by The Wall Str...
More / Bitcoin Reddit - 11 months ago
Mt Gox has to be a catalyst of this dip, we are seeing upwards of 9B in crypto to be distributed back to holders. These same holders had the cash option in March but chose coins instead. People are overestimating the number of these coins that will b...
Cryptocoins News / Finance Magnates - 11 months ago
Silvergate Capital Corp., the parent of the now-collapsed crypto-friendly Silvergate Bank, and its top former executives have agreed to pay a combined $63 million as civil penalties to settle charges with the federal and California regulators for int...
Cryptocoins News / Finance Magnates - 11 months ago
FTX, the bankrupt cryptocurrency exchange, is set to seek
court approval to proceed with a proposed liquidation plan aimed at repaying
customers in cash. The plan faces opposition from some customers who argue they
are entitled to higher repayments.C...
Cryptocoins News / Finance Magnates - 11 months ago
CoinShares, a European digital asset-focused investment company, has sold its claim from bankrupt crypto exchange FTX at a net recovery rate of 116 percent. Announced today (Monday), the company will receive a return of Β£31.32 million on a Β£26.6 mill...
Bitcoin News / Bitcoinist - 11 months ago
In a significant development within the crypto sector, BitFlyer Holdings has successfully negotiated the acquisition of FTX Japan, the local subsidiary of the bankrupt crypto exchange FTX. This move is poised to reshape the landscape of digital asset...
Cryptocoins News / Finance Magnates - 11 months ago
Today (Thursday), it was disclosed that Bitflyer, a Japanese
cryptocurrency exchange, has acquired the Japanese operations of FTX, which had
previously filed for Chapter 11 bankruptcy protection in November 2022. FTX
Japan was among over 100 affiliat...
Bitcoin News / Bitcoin.com - 11 months ago
According to a local report, the Japan-based crypto exchange Bitflyer has acquired the failed Japanese unit of FTX. The report indicates that arrangements are currently underway to take over the business. Bitflyer Acquires Bankrupt FTX Japan, Local R...
Cryptocoins News / CoinJournal - 11 months ago
BitFlyer, a major Japanese exchange, is angling to acquire FTX Japan, a subsidiary of the bankrupt FTX exchange.
The exact value of the acquisition hasn’t been made public though it is expected to be billions of yens.
The acquisition is poised...
More / Bitcoin Reddit - 11 months ago
I recommend Trezor Safe 3 Hardware Wallet (released fall 2023) submitted by /u/silentcold [link] [comments]
Bitcoin News / Bitcoinist - 11 months ago
In an interesting development, the FTX Debtorsβ Estate is currently battling claims from certain parties over the ownership of assets forfeited by Sam Bankman-Fried (SBF) following the criminal conviction of the former FTX CEO for fraud and money lau...
Bitcoin News / Bitcoin.com - 11 months ago
According to a bankruptcy report from FTX, the defunct cryptocurrency exchange loaned an Australian influencer slightly more than $13 million. This loan was intended to assist him in repaying investors. The exchange proposed lending Saunders millions...
Cryptocoins News / Finance Magnates - 1 year ago
A group of creditors of the now-collapsed FTX has moved to court, objecting to the crypto exchangeβs bankruptcy reorganization plan, which would pay the unsecured creditors the entirety of their claims, if not more.The Formal Objection of FTX Credito...