Cryptocoins News / Finance Magnates - 1 year ago
Ryan Salame, a Former Executive at FTX, prepares to plead
guilty to his related involvement in the collapse of the cryptocurrency exchange. This turn
of events comes after the extended negotiations with the prosecutors. The executive
is scheduled to...
Bitcoin News / Bitcoinist - 1 year ago
Former FTX executive Ryan Salame is set to make a highly anticipated appearance in Manhattan federal court on Thursday, a proceeding that typically indicates a defendant has reached a plea deal, according to a Reuters report.Β
The court hearing will...
Cryptocoins News / The Cointelegraph β - 1 year ago
A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following the examples of Caroline Ellison, Gary Wang, and Nishad Singh....
Cryptocoins News / The Cointelegraph β - 1 year ago
A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following the examples of Caroline Ellison, Gary Wang and Nishad Singh....
Bitcoin News / Bitcoinist - 1 year ago
On Tuesday, the United States Department of Justice (DOJ) said that Sam Bankman-Fried (SBF), the embattled co-founder of the defunct FTX crypto exchange, has been given sufficient time and resources to review discovery materials for the case against...
Cryptocoins News / The Cointelegraph β - 1 year ago
Bitcoin SLRV Ratio data performs a moving average crossover absent since before the FTX implosion hit the market. Bitcoin (BTC) could have dropped much more last week...
Cryptocoins News / Blockchain - 1 year ago
FTX's bankruptcy has reduced profit margins by 30% for crypto market makers, prompting reevaluation of risk profiles. Monthly spot trading volumes on centralized exchanges have plummeted 74%, causing firms to retreat. (Read More)
Bitcoin News / Bitcoinist - 1 year ago
An Australian cryptocurrency exchange, Swyftx, which boasts 660,000 customers, aims to launch an educational initiative. According to the firm, the reason was due to the increased demand for crypto education during the bear market.Β
The cryptocurrenc...
Cryptocoins News / Finance Magnates - 1 year ago
FTX emerged as
a key player in the ever-changing environment of cryptocurrencies and
blockchain technology, offering new trading solutions and a platform for
enthusiasts and investors to engage in digital asset trading. However, FTX has
had its ups a...
Cryptocoins News / The Cointelegraph β - 1 year ago
Australian crypto exchange Swyftx said it had identified a rise in demand for crypto education during the bear market as the reason for its launch. Australian crypto e...
by COINS NEWS - 1 year ago
This recent crash was just as volatile as possibly, which was highly expected after weeks and months of literally no price action at all. Sadly for us, markets had to choose the direction down instead of up on this long pending move. And let me...
Cryptocoins News / Blockchain - 1 year ago
Court filings reveal FTX and Alameda Research executives engaged in financial transactions before the exchange's collapse, including a $2.51 million payment to the American Yacht Group. (Read More)
Bitcoin News / Bitcoinist - 1 year ago
Solana co-creator Anatoly Yakovenko, in an aggressive move that could potentially reshape the fate of the embattled cryptocurrency exchange FTX and bolster the Solana network, has called for the redistribution of SOL tokens currently held in FTX̵...
by COINS NEWS - 1 year ago
Do you remember this? In the US, EU, Australia, and other international markets, FTX, once a prominent, regulated cryptocurrency corporation, announced an interface with Reddit's Community Points. To assist users in registering for Community Poin...
Bitcoin News / Bitcoin.com - 1 year ago
The FTX debtors filed a bankruptcy court document detailing lavish cash transfers and purchases by former CEO Sam Bankman-Fried and other company insiders. The section titled “Statement of Financial Affairs for Non-Individuals Filing for Bankru...
Cryptocoins News / The Cointelegraph β - 1 year ago
The transfer of millions in altcoins has ignited concerns of FTX creating a potential dump across the crypto markets. A wallet owned by bankrupt crypto exchange FTX ha...
Bitcoin News / Bitcoinist - 1 year ago
Recently submitted court filings to the U.S. Bankruptcy Court for the District of Delaware have shown a sequence of financial transactions that preceded the decline of FTX in November 2022. The aforementioned papers suggest that the majority of these...
Cryptocoins News / The Cointelegraph β - 1 year ago
The payment to the American Yacht Group was disclosed under the category of payments benefiting any insider within one year before the crypto exchange collapsed. FTX d...
by COINS NEWS - 1 year ago
Of course, everyone in the crypto space heard of FTX's collapse and how Sam Bankman-Fried screwed over all his customers. There has also been recent posts about how FTX has started to move assets on the blockchain, potentially to start refu...
by COINS NEWS - 1 year ago
On-chain data shows that an FTX cold wallet with the Solana address: 6b4aypBhH337qSzzkbeoHWzTLt4DjG2aG8GkrrTQJfQA Has been transferring funds to Ethereum since August 31. The transfers, which have involved over $10 million in total assets, hav...
by COINS NEWS - 1 year ago
Hello, Iβm listening to the Spellcaster podcast and trying to make sense of what happened with FTX. If FTX was an exchange, why or how did people lose money? Were they using their FTX account as a wallet instead of something like metamask? Maybe the...