US Metropolitan Museum of Art to Return FTX’s $550K Donations
The Metropolitan Museum of Art (the Met) has agreed to return the $550,000 donations it received from bankrupt crypto exchange FTX last year. The donations were made by West Realm…
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Temasek Slashes Pay for Executives Who Recommended Investing in FTX (Report)
Temasek Holdings, a private company whose sole stakeholder is the Singaporean Government and whose only purpose is overseeing investments for said government, was responsible for the second-largest investment into FTX.…
FTX CEO Suggests Restart Plans for the Exchange in New Compensation Report
Plans to restart the bankrupt cryptocurrency exchange FTX have been confirmed in a new staffing and compensation report filed with the United States Bankruptcy Court for the District of Delaware…
The 8 Events That Shocked the Crypto World
In the dynamic world of cryptocurrencies, where innovation and volatility often go hand in hand, certain events have the power to send shockwaves through the entire industry. From groundbreaking partnerships…
FTX Seeks to Claw Back $250M From SBF and Execs in New Lawsuit
Bankrupt cryptocurrency entities FTX, FTX.US, and Alameda Research have filed a lawsuit against former executives Sam Bankman-Fried (SBF), Nishad Singh, and Gary Wang for lavishly spending FTX Group’s assets on…
FTX-Linked Project Serum Shilling Shitcoins on Twitter: Report
According to on-chain sleuth Zachxbt, the official Twitter account of the Solana-based decentralized finance project Serum, which had over 200,000 followers, has been renamed ‘Luka.’ The original Serum account is…
OKX to Return $157M of Frozen Assets Linked to FTX and Alameda
Leading crypto exchange, OKX. outlined plans to return frozen digital assets linked to Sam Bankman-Fried’s crypto companies, FTX and Alameda Research, following a recent motion filed in the FTX bankruptcy…
FTX Wants to Clawback VC Funds Invested in Modulo Capital
Modulo Capital, an investment firm created by three former Jane Street executives, has been dealing with a request from the FTX Group for the return of VC investments received from…
FTX Leadership Says $3.2 Billion Were Paid Out to Former Execs
In the race to untangle the FTX Group’s balance sheets – which were poorly kept at best and deliberately fraudulent at worst – the new leadership brought in to clean…
US Regulators Launch Official Probe Into Silvergate-FTX Dealings
Silvergate, one of many creditors to take huge losses due to FTX going under, was previously forced to lay off 40% of its staff. This hit to its business was…
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