Cryptocoins News / CoinJournal - 1 year ago
FTX to auction the remaining locked Solana (SOL) tokens.
The last SOL token sale by FTX attracted significant buyer interest.
Figure Markets confirms it will participate in the auction.
The embattled FTX cryptocurrency exchange is set to auction th...
Bitcoin News / Bitcoin.com - 1 year ago
Bankrupt cryptocurrency exchange FTX is preparing to offload more of its locked Solana (SOL) tokens through an auction, diverging from its previous method of selling at a set price, as announced by Mike Cagney of Figure Markets. This decision follows...
Bitcoin News / Bitcoin.com - 1 year ago
In a significant turn of events, former FTX CEO Sam Bankman-Fried has agreed to a settlement with investors, providing crucial cooperation in ongoing lawsuits against high-profile celebrities. The settlement, pending court approval, could mark a pivo...
Bitcoin News / Bitcoinist - 1 year ago
In recent developments, the US Department of Justice (DOJ) has been reevaluating its choice of law firm to oversee the cryptocurrency exchange Binance as an independent monitor.Β
The decision concerns the firm’s previous work for the now-bankru...
Cryptocoins News / Finance Magnates - 1 year ago
The Cyprus Securities and Exchange Commission (CySEC) has yet again extended the suspension of the license of FTX (EU) Ltd, the locally regulated subsidiary of the now-collapsed cryptocurrency exchange.The Suspension of FTXβs EU LicenseAnnounced toda...
Cryptocoins News / Finance Magnates - 1 year ago
Senators
Elizabeth Warren and Chuck Grassley demand a full accounting of the
interactions between the Commodity Futures Trading Commission's (CFTC) Chairman, Rostin
Behnam, and Sam Bankman-Fried (SBF), the convicted founder of the now-defunct
cryptoc...
Bitcoin News / Bitcoin.com - 1 year ago
Initially scheduled for May 1, the sentencing of Ryan Salame, former co-chief executive of FTX Digital Markets, has been deferred to May 28, 2024, in front of Judge Lewis Kaplan. Ryan Salame, Once FTX’s Co-Leader, Slated for May Sentencing Per...
Bitcoin News / Bitcoinist - 1 year ago
Defunct crypto exchange FTX recently sold two-thirds of its Solana holdings for a massive discount, Bloomberg reported at the close of the week.Β
FTX recently received a court order to sell its massive SOL holdings to repay its creditors. As one of t...
Cryptocoins News / Blockchain - 1 year ago
The recent sale of 2/3 of $2.6 billion worth of Solana tokens by law firm Sullivan and Cromwell at a significant discount has sparked controversy. FTX Creditor Champion, Sunil, expressed concerns about the impact on FTX creditors, while others questi...
Bitcoin News / Bitcoin.com - 1 year ago
After the sentencing of Sam Bankman-Fried to nearly 25 years in prison for his role in FTX’s financial mismanagement, attention shifts to his former associates. The cryptocurrency world eyes the upcoming Bitcoin halving, expected between April...
Bitcoin News / Google News Bitcoin - 1 year ago
Former FTX Associates Enter Crosshairs, Bitcoin Halving Inches Closer, and More β Week in Review β The Weekly ...& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 1 year ago
In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were not immediately available due to a vesting schedule. I...
by COINS NEWS - 1 year ago
Just received notification from SWYFTX that effective almost immediately (April 8th) all Crypto deposits will be to a newly generated address. Deposits to existing addresses will be "unrecoverable". Why is this scamming? Because loads of cu...
Bitcoin News / Bitcoin.com - 1 year ago
After Sam Bankman-Fried was sentenced to nearly a quarter-century behind bars for his involvement in financial wrongdoings, Caroline Ellison, Gary Wang, Ryan Salame, and Nishad Singh are up next to face consequences for their roles in the FTX debacle...
Bitcoin News / Bitcoin.com - 1 year ago
The fallen founder of FTX, Sam Bankman-Fried (SBF), broke his silence for the first time since being sentenced to 24.25 years in prison, engaging in an email conversation with ABC News. SBF expressed that he is βhauntedβ daily by the events that tran...
Bitcoin News / Google News Bitcoin - 1 year ago
FTX founder bags 25 years jail term, SEC seeks $2b from Ripple, Bitcoin reclaims $70k | Weekly Recap& & crypto.news
by COINS NEWS - 1 year ago
I held a moderate FTX position and had some funds on the exchange. When everything went down, I tried to transfer my funds but have yet to recover anything. It really bummed me out, and I took an extended break from buying any crypto. About 6 months...
Bitcoin News / Bitcoinist - 1 year ago
Disgraced crypto entrepreneur Sam Bankman-Fried (SBF) faces a hefty 25-year prison sentence for masterminding the spectacular collapse of his FTX exchange, a Manhattan court ruled on Thursday. The sentence, though significant, represents only the ope...