Cryptocoins News / The Cointelegraph β - 2 years ago
The former chief regulatory officer of FTX has supported a motion that would stop FTX from using Sullivan & Cromwell as its lead bankruptcy counsel. A former chief...
Cryptocoins News / The Cointelegraph β - 2 years ago
Following the collapse of FTX, the company has decided to rebrand and exit the crypto space. Moonstone Bank, a rural Washington state bank that received an estimated...
Bitcoin News / Bitcoin.com - 2 years ago
Following recent disclosure that FTX debtors and bankruptcy administrators located $5.5 billion in liquid assets, the new FTX CEO John J. Ray III discussed the business in his first interview since taking over the exchange’s restructuring proce...
Cryptocoins News / EthereumWorldNews - 2 years ago
FTX CEO John Ray III has stated that it may be possible to restart the bankrupt exchange.& The CEO has set up a task force to explore restarting the exchange.John Ray criticized the recent comments made by former CEO Sam Bankman-Fried.& Sam...
Bitcoin News / Bitcoin.com - 2 years ago
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital curr...
Cryptocoins News / The Cointelegraph β - 2 years ago
FTX Trading, doing business as FTX.com, was one of roughly 130 companies under FTX Group that filed for bankruptcy following the firmβs reported liquidity crunch in November....
by COINS NEWS - 2 years ago
(1) What is FTT? If you google "What is FTT FTX" you are told that FTT "is a beloved cryptocurrency for traders with just under 30,000 total addresses holding the token. In just over 3 years, it has grown to a market cap of over...
Bitcoin News / Bitcoinist - 2 years ago
According to a report from The Wall Street Journal, the new CEO and chief of the bankruptcy proceedings for FTX, John Ray, is thinking about relaunching the platform. The executive is exploring options to re-launch the trading venue and raise money t...
Cryptocoins News / The Cointelegraph β - 2 years ago
Numerous parties have objected to the retention of Sullivan & Cromwell as lead counsel to FTX, citing conflicts of interest and insufficient disclosures. The CEO o...
Bitcoin News / Google News Bitcoin - 2 years ago
First Mover Asia: FTXβs Illiquid Holdings Filled With Tokens That Sit in Venture Funds in Which It Invested; Bitcoin Falls Below $21K& & CoinDesk
Bitcoin News / Bitcoinist - 2 years ago
FTX disintegrated in November last year which then led to a cascade of events that exacerbated the already struggling crypto market.
The failed exchange is again hogging the headlines as FTX reports more than $415 million worth of crypto was hacked....
Cryptocoins News / The Cointelegraph β - 2 years ago
Former FTX CEO allegedly used his popularity to lure developers, and Alameda Research to inflate the price of certain coins. Sam Bankman-Fried, the former CEO of the F...
Bitcoin News / Bitcoin.com - 2 years ago
Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post from his Substack newsletter. SBF stated that the presentati...
Cryptocoins News / The Cointelegraph β - 2 years ago
The FTX saga is set to enter its next phase in October with the start of SBFβs trial. However, industry experts are concerned that prosecutors could use him to set an example....