SEC Charges Crypto Advisor For Storing Money At FTX
The U.S. Securities and Exchange Commission has levied another set of charges against Galois Capital – a crypto-focused advisory firm that custodied client assets at FTX. For its actions, Galois…
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New York Judge Approves $12.7 Billion Settlement for FTX and Alameda to Repay Creditors
United States District Judge Peter Castel has finalized a $12.7 billion settlement, obligating the bankrupt cryptocurrency exchange FTX and its sister company Alameda Research to compensate the former’s creditors. This…
bitFlyer Acquires FTX Japan to Expand Crypto Custody Services
Japanese crypto exchange bitFlyer announced that it has completed its acquisition of FTX Japan, making it a fully owned subsidiary. The deal, finalized on July 26, will have bitFlyer taking…
FTX and US CFTC Reach $12.7 Billion Settlement: Details
Bankrupt cryptocurrency exchange FTX and the U.S. Commodity Futures Trading Commission (CFTC) have reached a $12.7 billion settlement, pending approval from a Delaware judge. If approved, the entire $12.7 billion…
Bitcoin (BTC) Price Prediction for the end of 2024 by Anthony Scaramucci
TL;DR Bitcoin’s price dip, influenced by factors like Mt. Gox repayments, is seen as temporary, with predictions of a rally to $100,000 due to strong fundamentals. The BTC Fear and…
Sam Bankman-Fried Family’s Deep Involvement in $100M Political Donation Effort Uncovered: WSJ
Sam Bankman-Fried – the founder of the now-defunct crypto exchange FTX, once celebrated as the “poster boy” of crypto, is embroiled in a multi-billion dollar scandal involving the misuse of…
This Crypto Miner Backed By SBF’s Alameda Research is Exploring IPO in US
Crypto mining firm Genesis Digital Assets – backed by Sam Bankman-Fried’s fallen hedge fund, is reportedly mulling over an initial public offering (IPO) in the US as the crypto sector…
Yield App Suspends Operations Citing Portfolio Losses Linked to FTX Collapse
Yield App Ltd, a Seychelles-incorporated crypto investment platform, has announced the immediate suspension of all operations on its digital wealth platform, yield.app. This move comes as the company prepares to…
FTX Update: Creditors to Vote on Cash or Crypto Repayment Plan
Creditors of the bankrupt cryptocurrency exchange FTX are now faced with the option of receiving their assets in cash or crypto. A filing in the United States Bankruptcy Court for…
This Japanese Crypto Exchange Will Reportedly Acquire FTX’s Local Branch
One of the largest cryptocurrency exchanges in Japan wants to acquire the local arm of the bankrupt crypto trading platform FTX. According to a report from local media Nikkei, BitFlyer…
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