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Bankrupt cryptocurrency exchange FTX has been approved by the bankruptcy court to liquidate its crypto assets worth $3.4 billion. Meanwhile, the company’s former CEO, Sam Bankman-Fried, may stay in prison…
The US Judge in charge of Sam Bankman-Fried’s case has denied the former FTX CEO’s repeated requests for a temporary release from jail to make adequate preparations ahead of his…
With less than a month left before Sam Bankman-Fried’s court case is due to begin, DOJ officials have been rushing to put the final touches to their arguments. Since the…
In its latest prediction, Matrixport, a financial services network, released a report forecasting a dramatic dip in Ethereum’s prices, potentially to $1K, catalyzed by FTX creditor liquidation. Per Matrixport, ETH…
Over the past year, FTX has filed numerous lawsuits against previous business partners, attempting to claw back funds allegedly spent without justification or in subprime deals. Often, these funds were…
Bankrupt FTX exchange’s motion to sell its crypto assets into fiat currency is scheduled for a court hearing on September 13. On August 23, the firm filed a motion outlining…
The world’s most valuable company – Apple, with market cap nearing $3 trillion, has reportedly secured the rights to the upcoming book about FTX’s founder – Sam Bankman-Fried. The book…
The now bankrupt crypto exchange, which actually has intentions to restart operations at some point, reportedly wants to retrieve some of the money it paid to professional athletes and teams…
Ryan Salame, a former high-ranking executive at the crypto exchange FTX, has entered a guilty plea in connection with criminal charges related to the extensive fraud case involving FTX’s founder,…
As part of FTX’s bankruptcy court proceedings, the exchange’s new management has – to the best of their ability – produced a balance sheet containing all expenses filed on behalf…