April 18th, 2025
FTX (FTT) News - Page 15
NFL Quarterback Trevor Lawrence Settles Lawsuit with FTX
By Bhushan Akolkar
September 18th, 2023
NFL quarterback Trevor Lawrence has reached a settlement in a lawsuit involving FTX. This follows a trend of celebrities settling similar cases involving FTX promotions, including YouTubers Kevin Paffrath and Tom Nash.
Genesis Ceases All of Its Crypto Trading Activities
By Bhushan Akolkar
September 15th, 2023
The bankrupt crypto lender Genesis announced that it would cease all of its crypto operations for spot and derivatives trading, for institutional players as well.
OKX Eyes 10-Year Deals with McLaren and Man City, Unveils ‘Stealth Mode’ Race Car
By Mercy Tukiya Mutanya
September 14th, 2023
A large chunk of OKX’s $25-$50 million annual advertising budget goes towards its sports deals.
Court Allows FTX to Liquidate Its Crypto Holdings
By Bhushan Akolkar
September 14th, 2023
Earlier this week, crypto exchange FTX revealed that it holds more than 16% or $1.16 billion of the token’s outstanding supply in Solana.
FTX Holds $200M in Bahamas Real Estate and $1.16B Worth of Solana (SOL)
By Bhushan Akolkar
September 12th, 2023
FTX’s asset portfolio currently exceeds $7 billion and includes various assets such as cash, brokerage investments, tokens, and real estate.
Bitcoin (BTC) Price Tanks Under $25K, Altcoins Face Even Deeper Crash
By Bhushan Akolkar
September 12th, 2023
Bitcoin and the broader crypto market have come under major selling pressure amid news of the FTX creditor liquidation.
FTX Unveils Details of Past Sponsorship Deals in Recent Court Filing
By Godfrey Benjamin
September 11th, 2023
According to the filing, the payments in question are characterized as “certain prepayments related to various advertising and sponsorship agreements, security deposits, retainers, and other miscellaneous deposits and prepayments”.
Former FTX Executive Ryan Salame Pleads Guilty to Criminal Charges
By Godfrey Benjamin
September 8th, 2023
Salame’s decision to cooperate with authorities and admit to his involvement in the alleged misconduct at FTX comes as a reversal of his earlier stance.
US DoJ Says FTX Advertisement Blur Lines between FTX.US and International Business
By Tolu Ajiboye
September 4th, 2023
The DoJ has said that advertisements for FTX did not differentiate between the US arm and the global business.
FTX Moves $11M Worth of Crypto, Stirs Rumors of Potential Token Dump
By Mayowa Adebajo
September 4th, 2023
The token movements have sparked rumours that the exchange might be gearing up for potential sell-offs.
Creditors Accuse Genesis of Manipulating Bankruptcy Process in FTX Deal
By Godfrey Benjamin
September 1st, 2023
The accusations of vote-buying and manipulation have added complexity and uncertainty to the Genesis bankruptcy case.
FTX Customers Hit by Fresh Email Phishing Attack
By Mayowa Adebajo
August 29th, 2023
Proactively, the platform has placed a temporary freeze on affected user accounts within the customer claims portal.
Sam Bankman-Fried’s Defense Lawyers Demand Temporary Release before October Trial
By Bhushan Akolkar
August 28th, 2023
SBF’s defense team argued that their client would need a laptop with access to internet to review the long pile of documents produced during the discovery.
FTX Faces Cybersecurity Breach amid Bankruptcy Proceedings
By Godfrey Benjamin
August 25th, 2023
FTX highlighted the pressing concern of potential fraudulent activities and scams and advised users to exercise heightened caution against any emails or communications that may impersonate parties involved in the bankruptcy proceedings.
FTX Wants to Hire Galaxy Digital to Sell, Stake or Hedge Its Billion-Dollar Crypto Holdings
By Bhushan Akolkar
August 24th, 2023
Galaxy Digital will help FTX return funds to its creditors while making sure that the value of FTX’s $3 billion of crypto holdings doesn’t subside.