by COINS NEWS - 1 year ago
We are already halfway through this year and thus are also inching closer to the biggest event in Crypto, the Bitcoin Halving. Right now we are over 80% of our way done to the next Halving since the last one in 2020, 800k Bitcoin blocks have be...
Bitcoin News / Bitcoinist - 1 year ago
Former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), has been rumored to be responsible for the wave of negative news that has overwhelmed crypto exchange Binance of late.
Binance FUD And SBF’s Involvement
The largest crypto exchan...
Cryptocoins News / Blockchain - 1 year ago
FTX Exchange has launched a Customer Claims Portal for filing proof of claims. The deadline for submission is September 29, 2023, at 4 pm ET. (Read More)
Bitcoin News / Bitcoin.com - 1 year ago
New analysis from the Network Contagion Research Institute (NCRI) reveals that bots on the social media platform X (formerly Twitter) likely played a major role in amplifying the value of cryptocurrencies tied to the now-defunct FTX exchange and its...
Bitcoin News / Bitcoin.com - 1 year ago
FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing bankruptcy proceedings, citing the unit’s lack of operations and assets.
Dubai’s FTX Exchange Faces Voluntary Liquidation Aft...
by COINS NEWS - 1 year ago
This is the continuation of a series of posts I've been making on the Terms of Service (ToS) of exchanges. See the TL;DR for the exchanges in the title, but also for Binance, Kraken, Coinbase, Crypto.com, OKX, MEXC, Gate.io, Huobi, Nexo and...
Bitcoin News / Bitcoinist - 1 year ago
FTX, the bankrupt crypto exchange, has taken legal action by filing a court motion to remove its Dubai unit from the ongoing restructuring proceedings in the United States.
Back in February 2022, FTX had set up its Dubai branch, which was owned...
Cryptocoins News / The Cointelegraph - 1 year ago
FTX filed for bankruptcy in November 2022, with 102 of its units worldwide entering Chapter 11 proceedings. Bankrupt crypto exchange FTX has filed a motion in court to...
Cryptocoins News / Finance Magnates - 1 year ago
FTX wants its subsidiary based in Dubai excluded
from its ongoing bankruptcy proceedings in the US. According to a court
document filed today (Thursday), the bankrupt cryptocurrency exchange argued
that this step would allow for a timely distribution...
Bitcoin News / Bitcoin.com - 1 year ago
Founder of bankrupt crypto exchange FTX, Sam Bankman-Fried (SBF), has sought to avoid being jailed, denying prosecutors’ accusations of witness tampering that followed an interview he gave for the New York Times. The indicted crypto mogul also argued...
Bitcoin News / Bitcoinist - 1 year ago
Jesse Powell, co-founder of Kraken, has expressed concerns about plans to relaunch the bankrupt FTX exchange. This comes following the recent development in the international arm of the exchange, FTX.com, reboot plans.
Auction Off The FTX Domain And...
Bitcoin News / Bitcoinist - 1 year ago
Former CEO of FTX, Sam Bankman-Fried (SBF), has denied allegations of witness tampering after sharing excerpts from his ex-girlfriend’s private diary with a reporter from the New York Times.
The United States Department of Justice (DOJ) has ac...
Cryptocoins News / The Cointelegraph - 1 year ago
FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy. A body represe...
Bitcoin News / Bitcoin.com - 1 year ago
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new limited...
Cryptocoins News / The Cointelegraph - 1 year ago
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short-sellers, potentially involving Alameda Research....
Cryptocoins News / The Cointelegraph - 1 year ago
Reams of dockets from FTX.com have been filed alongside a proposed reorganization plan which could see FTX resurrected as an offshore exchange. FTX.com has outlined i...
Cryptocoins News / The Cointelegraph - 1 year ago
Reams of dockets from FTX have been filed alongside a proposed reorganization plan that could see it resurrected as an offshore exchange. FTX has outlined its intende...
Cryptocoins News / CoinJournal - 1 year ago
The new FTX CEO is working tirelessly to have the FTX crypto exchange launched.
FTT token holders will not receive any distributions from the rebranded FTX exchange.
FTX claimants will, however, own interests in the newly established offshore FTX Co...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, the bankrupt FTX crypto exchange has announced a draft creditor-repayment plan as part of its ongoing bankruptcy restructuring procedure. The freshly revamped exchange intends on clearing out its digital token FTT while settl...
Cryptocoins News / Finance Magnates - 1 year ago
FTX filed a series of court documents yesterday (Monday) with the claims of the debtors and also proposed a plan for one class of claimants to relaunch the offshore cryptocurrency exchange operations with third-party investors.
Claimants of FTX
The c...
Cryptocoins News / Blockchain - 1 year ago
FTX's draft reorganization plan zeroes FTT claims and subordinates non-customer claims, outlining key strategies for asset distribution and legal resolutions. (Read More)