FTX Seeks Court Approval to Wipe Out US IRS’s $24B Claim
The bankrupt estate of FTX has made a bold move to challenge the United States Internal Revenue Service (IRS), seeking court approval to reduce a $24 billion claim against it…
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FTX Gains Court Approval to Sell Grayscale Trust Assets Nearly $800 Million
Bankrupt crypto exchange FTX has secured approval from the US bankruptcy court for the sale of crypto trust assets managed by Grayscale as part of efforts to make repayments to…
Genesis And DCG Strike Repayment Deal
The legal battle between Genesis and its parent company, DCG – which also owns multiple other crypto-related ventures, seems to be coming to an end. Yesterday, a deal was struck…
FTX Token (FTT) Jumps 20% Following the Binance-DOJ Settlement: Details
TL;DR FTT, the token of the defunct crypto exchange FTX, has seen a significant rise in value, increasing by over 20% in 24 hours and 310% monthly, possibly influenced by…
FTX and Alameda Divest $36 Million Worth of These Assets
FTX and Alameda have been actively divesting their holdings. Within the past 24 hours, both entities have transferred $36.01 million worth of MATIC and AVAX to various exchanges. This is…
Pro-XPR Lawyer Wonders Why Kevin O’Leary Is Still Obsessed With Binance and CZ
The popular pro-XRP lawyer, John E Deaton, recently quoted an interview with Kevin O’Leary, a.k.a. Mr. Wonderful, in which the millionaire took another jab at Binance, CZ, and FTX, asking…
FTX and Alameda Research Execute $24 Million in Digital Asset Transfers: Data
FTX and its sister company, Alameda Research, have deposited $24 million worth of digital assets onto exchanges Kraken and OKX, as reported by Spot On Chain today. Over the past…
FTX Foundation Employee Battles for $275K Bonus Amid Legal Fray: Report
A former trader from Jane Street, hired by Sam Bankman-Fried to contribute to FTX’s philanthropic efforts, is currently in a legal battle to secure the remaining portion of his 2022…
Former FTX Executives Are Teaming Up to Build a New Crypto Exchange: Report
One year after crypto exchange FTX collapsed, a group of ex-executives at the firm has teamed up to launch a new but similar platform, aiming to fix the issues that…
Potential Implication of SBF Verdict on Crypto Leaders
The recent conviction of Sam Bankman-Fried (SBF) marks a pivotal moment in the cryptocurrency industry, carrying significant implications for its leaders and stakeholders. As the founder of the now-defunct FTX…
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