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Bitcoin News / Bitcoinist - 1 year ago
In a recent CNBC report, it has been revealed that indicted FTX founder Sam Bankman-Fried will take the stand in his defense, as confirmed by his lawyer. This decision, while seen as a risky maneuver, will subject Bankman-Fried to cross-examination...
Bitcoin News / Bitcoinist - 1 year ago
Insolvent FTX Trading Ltd is taking proactive steps towards resurrecting itself, as the exchange is presently in talks with potential bidders with the aim of either selling the crypto company or forging strategic partnerships to possibly stage a come...
Bitcoin News / Google News Bitcoin - 1 year ago
FTX Debtors Evaluate Bids for Dormant Crypto Exchange's Revival ...& & Bitcoin.com News
Cryptocoins News / The Cointelegraph - 1 year ago
According to Spot On Chain data, the firms sent $10 million worth of crypto to a single wallet address, which then deposited the funds to Binance and Coinbase. Wallets...
Bitcoin News / Bitcoin.com - 1 year ago
Insiders reveal that FTX creditors are sifting through bids from various entities eager to breathe life into the dormant crypto exchange. The company’s investment banker highlighted that FTX interacts with “multiple parties every day.R...
Bitcoin News / Google News Bitcoin - 1 year ago
Nansen: FTX and Alameda Research Wallets Shift $8.6M in Crypto ...& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 1 year ago
On Wednesday, Nansen, an onchain analytics provider, illuminated a series of intriguing transactions originating from FTX and Alameda Research addresses, now under the stewardship of the FTX creditors. A substantial sum of $8.6 million in cryptocurre...
Bitcoin News / Bitcoin.com - 1 year ago
Ex-FTX chief Sam Bankman-Fried is slated to make his case directly to the jury in his ongoing trial, as shared by his defense lawyer, Mark Cohen. Bankman-Fried’s decision to testify comes on the heels of several witnesses who have spoken agains...
Bitcoin News / Google News Bitcoin - 1 year ago
First Mover Americas: Bitcoin Retreats Slightly; FTX Receives Bids for Restart& & CoinDesk
Cryptocoins News / The Cointelegraph - 1 year ago
Options reportedly include selling the entire exchange, including its extensive customer base of over nine million, to potentially forming a partnership with another entity to revive the...
Cryptocoins News / Finance Magnates - 1 year ago
Although it seemed that the crypto exchange FTX would not recover after its high-profile collapse in November 2022, its operator is now considering proposals from three bidders to restart its operations. The company had filed for bankruptcy amid alle...
Bitcoin News / Bitcoinist - 1 year ago
The attorneys of Sam Bankman-Fried have announced their intention to call on a prominent financial expert to stand as a witness in the former FTX CEO’s ongoing case to provide more insight into the exchange’s financial database information. Key Witn...
Cryptocoins News / Finance Magnates - 1 year ago
The Cyprus Securities and Exchange Commission (CySEC) has extended the suspension of the authorization of FTX EU Ltd until March 31, 2024. This decision is in response to the market instability caused when FTX and several of its subsidiaries filed fo...
Cryptocoins News / Finance Magnates - 1 year ago
FTX's creditors are facing phishing attacks amidst the ongoing legal turmoil surrounding the collapse of the cryptocurrency exchange. These fraudulent emails promise expedited withdrawals for assets locked following the exchange's insolvency. Accordi...
Bitcoin News / Bitcoinist - 1 year ago
The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), is fast approaching the verdict stage as the prosecution closed its case last week. Following this, Bankman-Fried and his lawyers are set to open their defense (...
Cryptocoins News / The Cointelegraph - 1 year ago
The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday. The market for FTX creditor claims has been h...
Cryptocoins News / The Cointelegraph - 1 year ago
The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday. The market for FTX creditor claims has been h...
Cryptocoins News / The Cointelegraph - 1 year ago
The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday. The market for FTX creditor claims has been h...
Bitcoin News / Bitcoin.com - 1 year ago
FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told prosecuto...
Cryptocoins News / The Cointelegraph - 1 year ago
Nishad Singh testifies in Sam Bankman-Fried’s trial; New York sues Gemini, Genesis and Digital Currency Group; and Grayscale files for new spot Bitcoin ETF. Top Storie...
Cryptocoins News / The Cointelegraph - 1 year ago
FTX users have reported receiving deceptive emails purportedly sent by FTX Trading, West Realm Shires Services and FTX EU. FTX users are reportedly being targeted in a...
Cryptocoins News / The Cointelegraph - 1 year ago
According to former FTX general counsel Can Sun, Bankman-Fried “was not surprised at all” that billions of dollars were missing. Former FTX CEO Sam Bankman-Fried inst...
Bitcoin News / Google News Bitcoin - 1 year ago
Solana Rallies 26% in a Week Despite FTX Sale Fears; What's Behind the Move?& & CoinDesk
Bitcoin News / Bitcoinist - 1 year ago
The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), continued on October 19 with the witness testimony of Can Sun, a former General Counsel at FTX. During direct examination, Sun provided details that further impl...
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...
