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Cryptocoins News / The Cointelegraph - 1 year ago
The coins staked are worth $122 million and represent a small fraction of FTX’s holdings of Solana. The FTX estate seems bullish on Solana (SOL), as it staked over 5.5...
Bitcoin News / Bitcoin.com - 1 year ago
Blockfi CEO Zac Prince testified Friday that the downfall of FTX contributed to his company’s bankruptcy. Prince appeared as a government witness in the fraud trial of former FTX boss Sam Bankman-Fried (SBF). Blockfi’s Prince: Loans Would...
Bitcoin News / Bitcoin.com - 1 year ago
Blockchain records have shed light on a development involving the trustees of the now-defunct exchange FTX, who are overseeing its bankruptcy proceedings. They have committed 5.5 million solana (SOL) for staking. Meanwhile, the current market value o...
Cryptocoins News / CoinJournal - 1 year ago
FTX Estate stakes $122 million worth of Solana (SOL) tokens. The FTX Estate has strategically delegated 5.5 million SOL with a Solana network validator. The move alleviates concerns about the estate’s potential liquidation of SOL holdings. In...
Cryptocoins News / The Cointelegraph - 1 year ago
Former Alameda CEO Caroline Ellison recognized she wasn't doing a good job months before the company filed for bankruptcy, but Sam Bankman-Fried persuaded her to stay....
Cryptocoins News / The Cointelegraph - 1 year ago
Former Alameda CEO Caroline Ellison recognized she wasn’t doing a good job months before the company filed for bankruptcy, but Sam Bankman-Fried persuaded her to stay....
Cryptocoins News / The Cointelegraph - 1 year ago
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Cointelegraph reporters are on the ground in New York for the tri...
Bitcoin News / Bitcoinist - 1 year ago
In a shocking revelation, blockchain intelligence firm Elliptic has provided an in-depth analysis of the infamous FTX theft, shedding light on the complex web of events surrounding the hack, subsequent money laundering, and the ongoing quest to uncov...
Cryptocoins News / The Cointelegraph - 1 year ago
Lawyers petitioned the court to allow them to question witnesses for the prosecution based on FTX’s terms of service, as well as preclude testimony from “lay fact witnesses.”...
Cryptocoins News / The Cointelegraph - 1 year ago
According to blockchain analytics firm Elliptic, the anonymous FTX exploiter has used THORSwap to convert ETH to BTC, which is traceable on-chain. Decentralized exchan...
Cryptocoins News / Blockchain - 1 year ago
The FTX hack in November 2022 saw $477 million vanish, with the elusive thief later laundering assets through decentralized exchanges and cross-chain bridges like RenBridge and THORSwap. As the trial of FTX's CEO Sam Bankman-Fried commences, the thie...
Bitcoin News / Bitcoinist - 1 year ago
Sam Bankman-Fried (SBF) and his lawyers do not seem to have made any headways in their defense, as the second week of the defendant’s trial ends on October 13. The highlight of how their case has gone so far was again on display when Mark Cohen stepp...
Cryptocoins News / The Cointelegraph - 1 year ago
A 75-minute recording obtained by Cointelegraph shows the exact moment former Alameda Research CEO Caroline Ellison told employees about their use of FTX customer deposits....
Cryptocoins News / The Cointelegraph - 1 year ago
The former Alameda Research CEO placed part of the blame for FTX’s failure on CZ, while the Binance CEO claimed Ellison’s offer to buy the firm’s FTT holdings was the cause....
Bitcoin News / Bitcoin.com - 1 year ago
In a recent courtroom showdown, Caroline Ellison, the former CEO of Alameda Research, provided key insights into the operations of FTX and its alleged improprieties. Her revelations, documented by Inner City Press correspondent Matthew Russell Lee, c...
Bitcoin News / Google News Bitcoin - 1 year ago
Elliptic: FTX Hacker Laundered Stolen Crypto Funds Through ...& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 1 year ago
Close to a year has passed, and the hacker responsible for the staggering $477 million heist from the now-defunct crypto exchange FTX still remains elusive. Yet, Elliptic, a leading blockchain analytics firm, has meticulously mapped the intricate jou...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin sales by FTX come to light as part of the SBF trial, as one prediction suggests that they stopped the BTC price from hitting $100,000. Bitcoin (BTC) failed to...
Bitcoin News / Bitcoinist - 1 year ago
According to recent reports, cryptocurrency company Genesis has suspended customer withdrawals in its lending unit, adding to the already tumultuous landscape of the digital currency industry. This halt follows the company’s bankruptcy filing...
Cryptocoins News / Finance Magnates - 1 year ago
Caroline Ellison, Alameda's former Chief Executive Officer, is expected to take the stand today (Thursday) to testify against Sam Bankman-Fried (SBF) for the third day. Her previous testimony revealed instances of deceit and fraud at FTX before the e...
Cryptocoins News / The Cointelegraph - 1 year ago
Blockchain analytics firm Elliptic didn’t rule out the possibility of the $477 million hack being an FTX inside job. Anonymous hackers of the now-defunct exchange FTX...
Bitcoin News / Google News Bitcoin - 1 year ago
Did SBF really use FTX traders' Bitcoin to keep BTC price under $20K?& & Cointelegraph
Bitcoin News / Bitcoinist - 1 year ago
The ongoing trial against Sam Bankman-Fried (SBF), former founder of the FTX crypto exchange, coupled with the testimonies of Caroline Ellison, the ex-CEO of Alameda Research and his former romantic partner, has unveiled a slew of crazy stories and i...
Cryptocoins News / The Cointelegraph - 1 year ago
Genesis reportedly said the $175 million settlement was “fair and equitable,” while FTX creditors wanted to contest it. A New York bankruptcy judge has approved a sett...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin sees contrasting views amid market instability and FTX ...& & Investing.com
