Bitcoin News / Bitcoinist - 1 year ago
In a significant development, billionaire Joe Lewis, formerly associated with bankrupt crypto exchange FTX and known for owning a Premier League football club, has pleaded guilty to 19 fraud charges related to insider trading in the United States.Β
L...
Cryptocoins News / CoinJournal - 1 year ago
The federal appeals court in Philadelphia ordered that an independent examiner be appointed to scrutinize the FTX collapse.
Bankruptcy court judge John Dorsey had earlier denied the trustee’s request.
A federal appeals court has ordered follo...
Cryptocoins News / Finance Magnates - 1 year ago
FTX's claims prices have experienced a remarkable
surge, reaching almost 80 cents to the dollar, amid an anticipated hearing of a
dispute between the bankrupt crypto exchange and its creditors. According to a report by Cointelegraph, FTX is
advocati...
Bitcoin News / Google News Bitcoin - 1 year ago
Grayscale Bitcoin Trust balance sees 12% reduction as FTX bankruptcy stirs $3.5 billion outflow& & CryptoSlate
Bitcoin News / Google News Bitcoin - 1 year ago
FTX selling $1 billion of Grayscale's bitcoin ETF has spurred major outflows from the fund since SEC approval, report ...& & Yahoo Finance
Bitcoin News / Bitcoinist - 1 year ago
FTX, a now-defunct crypto exchange, has reportedly sold off its stake in Grayscale Bitcoin Trust (GBTC). Recent reports indicate that FTX liquidated approximately 22 million shares, valued at nearly $1 billion, effectively reducing its GBTC ownership...
Bitcoin News / Bitcoinist - 1 year ago
After crypto exchange FTX and its trading arm Alameda Research filed for bankruptcy in November 2022, the failed company has been attempting to recover assets to refund its creditors. In a new development, the FTX affiliate has decided to drop its la...
Bitcoin News / Bitcoin.com - 1 year ago
Following the submission of a proposal by FTX estate debtors to reimburse customer assets based on their value as of Nov. 11, 2022, numerous objections have been raised by customers. A notable objection comes from an FTX client in France, who critici...
Cryptocoins News / Finance Magnates - 1 year ago
Following the approval of spot Bitcoin exchange-traded funds (ETFs), the
crypto market has experienced a surprising downturn after FTX unloaded a staggering
$1 billion worth of Grayscale Bitcoin Trust's (GBTC) shares. This unprecedented sell-off, att...
Cryptocoins News / CoinJournal - 1 year ago
Alameda Research, an affiliate of bankrupt crypto exchange FTX has dropped its case against Grayscale.
The lawsuit’s dismissal comes as Grayscale’s GBTC sees huge outflows following SEC’s spot Bitcoin ETF approval.
Alameda Researc...