FTX debtors agree to $95M sale of stake in Mysten Labs
The proposed purchase price of the Mysten Labs shares was roughly 95% of the amount FTX Ventures invested as part of a $300-million funding round in September 2022.
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FTX debtors file lawsuit against exchange’s Bahamian arm on ownership of property
The lawsuit claimed FTX Digital Markets was an "economic nullity" within the FTX Group "created as a front to facilitate a conspiracy to defraud the Debtors’ customers".
SBF shilled FTX risk model to FDIC chairman Gruenberg prior collapse
The invitation was mediated by former CFTC Commissioner Mark Wetjen, who joined FTX US as the Head of Policy and Regulatory Strategy in Nov. 2021.
Sam Bankman-Fried to propose revised bail package ‘by next week’
The move comes after a judge expressed displeasure about SBF’s use of encrypted-messaging apps and virtual private network services while on bail.
FTX debtors report $11.6B in claims, $4.8B in assets with many crypto holdings ‘undetermined’
The presentation reported $25 million in donations — political and otherwise — from three of the FTX silos, but added “limited information” was available on crypto donations.
FTX influencers face $1B class-action lawsuit over alleged crypto fraud promotion
The suit is led by Edwin Garrison and was filed against “FTX influencers,” primarily on YouTube.
Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees
FTX's legal counsel requested insurers to advance or reimburse Bankman-Fried's defense costs and fees under the company's directors and officers (D&O) insurance.
FTX-related stablecoins on the move: $145M transferred to crypto exchanges
Three wallets, reportedly associated with FTX and its subsidiary, Alameda Research, have moved 69.64 million USDT and 75.94 million USDC.
What is JOMO in crypto trading?
JOMO is that “I-was-right-about-the-market” joyful feeling after narrowly escaping a bad trade and potentially catastrophic losses.
Binance.US, Alameda, Voyager Digital and the SEC — the ongoing court saga
Court cases involving the SEC and some major crypto industry enterprises — Voyager Digital, Alameda Research and Binance.US — have continued to progress in 2023.
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