Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases
The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect.
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FTX acquisition no more: Canadian exchange Bitvo backs off the deal
Bitvo has managed to back off its acquisition agreement with FTX exchange thanks to long approval process of the deal from local regulators.
Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees
Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX.…
US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week
Cold feet are in charge as exchange users continue to move Bitcoin from exchanges to non-custodial wallets.
Australia Suspends Financial Services License of Local FTX Entity
Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According to an issued statement, the platform will be allowed to…
Investment Firm Paradigm Still Optimistic About Crypto — Says ‘Issues at FTX Are Precisely Ones Defi Can Solve’
Investment firm Paradigm is still optimistic about crypto’s potential following the collapse of FTX. “The blowup of FTX has caused some to question crypto’s value. But the issues at FTX…
No red flags at FTX despite 8 months of ‘extensive due diligence’ — Temasek
Despite eight months of due diligence, investment firm Temasek found no major concerns with FTX’s financials and no sign that the crypto exchange would eventually collapse.
Kevin O’Leary Slammed for Saying He’d Back Former FTX CEO Again — Insists SBF Is a ‘Brilliant’ Crypto Trader
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that he would again back Sam Bankman-Fried (SBF), the former CEO of the collapsed crypto exchange FTX. “You can’t be serious,”…
Bahamian liquidators reject validity of FTX’s US bankruptcy filing
The provisional liquidator overseeing the FTX Digital Markets bankruptcy proceedings says FTX wasn’t authorized to file for bankruptcy in the U.S without his approval.
FTX, Bankman-Fried Will Face Congressional Hearing in December
Lawmakers in the United States have announced that they will hold a hearing on the collapse of FTX. FTX Faces Government Hearing FTX and its officers will soon face an...
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