FTX Responsible For Nearly $1 Billion Of GBTC Outflows: Report
Defunct crypto exchange FTX may be behind a tsunami of outflows from the Grayscale Bitcoin Trust (GBTC) this month – and by extension, may have caused a significant downturn in…
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SBF’s Parents Fight FTX’s Clawback Attempt
Joseph Bankman and Barbara Fried were always close to their son. A certain amount of interest in the well-being of their son and that of his business dealings is to…
Celsius Executes $125 Million Transfer to Crypto Exchanges in Repayment Drive
Bankrupt lending firm Celsius has transferred over $125 million worth of its Ether to crypto exchanges in the past week as part of its initiative to repay creditors. The move…
Amid Solana’s Hot Streak, FTX and Alameda’s 73% Locked SOL Stash Ignites Market Speculation
Solana’s native – SOL – token has been on an absolute tear this month. After flipping XRP, it briefly surpassed BNB before settling as the fifth-largest crypto asset. Over the…
FTX Files Amended Plan to Pay Creditors Amid Soaring Legal Expenses
On Dec. 18, it was reported that FTX had filed its latest proposal to return billions of dollars to its customers and creditors. Moreover, the plan did not indicate whether…
SBF’s Lawyer Reveals FTX Trial Defense Struggles and Frustrations
The legal defense head, David Mills, representing Sam Bankman-Fried in the FTX fraud trial, has openly expressed frustration and disappointment, labeling SBF as the most challenging witness he has encountered.…
IRS $24 Billion Tax Bill Could Wipe Out FTX Recovery, Will Be Disputed Today
Once SBF stepped down, the new leadership of FTX scoured the bankrupt exchange’s databases, looking for misplaced and poorly labeled assets. Months later, John J Ray III and his team…
Tether’s (USDT) Market Cap Peaks at $90 Billion Amid Renewed Confidence
Tether (USDT) – the largest stablecoin globally, has experienced continuous growth in its market capitalization, reaching an all-time high of $90 billion on December 6th before retreating слигхтлъ to $89.9…
Tiger Global Cuts Stakes on Bored Ape Yacht Club and OpenSea Holdings
The investment firm Tiger Global has reportedly reduced the valuation of its holdings in Bored Ape Yacht Club and OpenSea. Per a Bloomberg report, the company marked down the value…
How Does SBF Spend His Time in Jail, Former Mobster Explains
Gene Borrello, a former mobster turned federal informant, was separated from the general prison population and placed in a section with ex-gang members, informants, and high-profile detainees, one of which…
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