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Bitcoin News / Bitcoin.com - 1 year ago
FTX Trading Ltd., accompanied by its linked debtors, has approached the U.S. Bankruptcy Court in Delaware with a proposal to collaborate with Michael Novogratz’s Galaxy Digital Capital Management LP, also known as Galaxy Asset Management. FTX T...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitget seized more than $200,000 of my cash. Now its executives won’t tell me what they're doing with it, or if they intend to return it. The blockchain industry has b...
Bitcoin News / Bitcoinist - 1 year ago
A former Alameda Research Engineer has let the cat out of the bag, revealing sordid details of his former employer and founder of FTX, Sam Bankman-Fried via an X (formerly known as Twitter) post. Employee Reveals The Truth About FTX Behind Closed D...
Cryptocoins News / The Cointelegraph - 1 year ago
Galaxy Digital is set to manage the sale of bankrupt FTX’s crypto holdings and facilitate the staking of certain tokens to generate passive yield. Mike Novogratz’s dig...
Cryptocoins News / Finance Magnates - 1 year ago
The bankrupt cryptocurrency exchange, FTX has turned to Galaxy, owned by Mike Novogratz, for guidance and expertise on how to optimize the value of its substantial crypto holdings. FTX is planning to delve into crypto staking, hedging, and the sale o...
Bitcoin News / Google News Bitcoin - 1 year ago
FTX Estate Wants to Hedge Bitcoin, Ethereum With Mike Novogratz's Galaxy Digital& & Decrypt
by COINS NEWS - 1 year ago
submitted by /u/Embarrassed_Chef_393 [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
Lawyers for Sam Bankman-Fried claim the FTX founder, who has fallen from grace, based his business decisions on legal advice from company attorneys before the cryptocurrency exchange’s downfall. FTX Founder Bankman-Fried Claims Actions Were Bas...
Bitcoin News / Bitcoinist - 1 year ago
In a recent letter addressed to Judge Lewis Kaplan, lawyers representing FTX founder Sam Bankman-Fried outlined their defense strategy, emphasizing the importance of the “counsel advice” approach. The letter, dated August 23, 2023, respo...
Bitcoin News / Bitcoinist - 1 year ago
Sam Bankman-Fried’s legal team has complained to a Magistrate Judge about the “outrageous” prison conditions the former FTX CEO is being held in. The attorney stated that Bankman-Fried is living on meager sustenance due to the prison’s inabilit...
Cryptocoins News / The Cointelegraph - 1 year ago
The filing surrounding the legal strategy followed an all-day session between SBF and his lawyers on Aug. 22 outside of jail, which was granted by a judge on a one-time basis....
Bitcoin News / Bitcoin.com - 1 year ago
After Sam Bankman-Fried, once the head of FTX, petitioned the court for a five-day-a-week release from incarceration, the overseeing judge swiftly denied the plea. On Tuesday, Bankman-Fried pleaded not guilty in response to the most recent charges. M...
by COINS NEWS - 1 year ago
submitted by /u/streetsmart26 [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
Bankrupt crypto lender BlockFi has moved to recover several assets in a bid to settle its customers as part of its ongoing bankruptcy proceedings. And the company is standing firm that its customers should take priority over fellow bankrupt company F...
Cryptocoins News / CoinJournal - 1 year ago
FTX is attempting to collect funds that BlockFi withdrew from FTX.com and others paid as interest by Alameda. BlockFi has however described FTX’s investment as a “gamble” that BlockFi creditors shouldn’t be held responsible f...
by COINS NEWS - 1 year ago
submitted by /u/EmuGroundbreaking348 [link] [comments]
Cryptocoins News / EthereumWorldNews - 1 year ago
BlockFi has filed objections to repayment sought by fellow bankrupt firms FTX and 3AC.& The bankrupt crypto lender has claimed that its clients and creditors are FTX’s ultimate victims.& As per the lender’s estimates, the legal battles with...
Cryptocoins News / The Cointelegraph - 1 year ago
BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud. Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the s...
Cryptocoins News / The Cointelegraph - 1 year ago
BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud. Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the s...
by COINS NEWS - 1 year ago
submitted by /u/BigTex254 [link] [comments]
by COINS NEWS - 1 year ago
November 7th, 2022 - FTT began it's death spiral and Users Begin withdrawing funds from FTX out of concerns with liquidity. The resulting collapse in FTX wreaks havoc in the crypto market as users become concerned that other exchanges may also be...
Bitcoin News / Bitcoinist - 1 year ago
According to a report from Reuters, Sam Bankman-Fried, former CEO and co-founder of the now-bankrupt FTX exchange, has pleaded not guilty to a recent charge accusing him of fraud and conspiracy. This action was taken in the first court appearance of...
by COINS NEWS - 1 year ago
Sam Bankman-Fried, the former CEO and founder of now-defunct crypto exchange FTX, reportedly pleaded not guilty to fraud and money laundering charges in a court hearing on Aug. 22....
Bitcoin News / Google News Bitcoin - 1 year ago
Crypto update: Bitcoin drops below $26K mark; biggest weekly drop since FTX crash in Nov 2022& & The Economic Times
by COINS NEWS - 1 year ago
submitted by /u/fanriver [link] [comments]
