MIAX completes acquisition of FTX subsidiary LedgerX
The deal was announced in April and approved by the bankruptcy judge on May 4.
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The deal was announced in April and approved by the bankruptcy judge on May 4.
The third try is a charm for the crypto brokerage, whose assets were almost bought by FTX and Binance.US. Now it’s just handing what it has over to its creditors.
Daniel Friedberg, the former top compliance chief for FTX and FTX US, has provided a declaration that could support the lawsuit.
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research.
DBS Bank’s crypto trading platform has been attracting more institutional investors due to crypto exchanges that collapsed last year.
The NBA star appeared in a June 2022 commercial saying he was “all in” on FTX, one of many endorsements that led to a class-action lawsuit following the exchange’s collapse.
Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers…
The judge said he read all the papers and declarations related to the FTX debtors’ motion for the sale of LedgerX and was “satisfied” with the proceedings.
The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model.
Former FTX Digital Markets co-CEO Ryan Salame is being investigated for the role he played in Sam Bankman-Frieds empire. He is currently under scrutiny for the $24 million in political...