April 18th, 2025
FTX (FTT) News - Page 18
FTX Exchange Files to Reclaim $71M from Its Philanthropic and Life Science Subsidiaries
By Chimamanda U. Martha
July 20th, 2023
FTX’s new administration has continued to make significant efforts to reclaim funds the former CEO spent during his time at the firm.
ASIC Pulls Plug on FTX Australia, Withdraws Its License
By Babafemi Adebajo
July 19th, 2023
Based on its license, FTX Australia was authorized to deal in, make a market for, and provide general advice on derivatives and foreign exchange contracts.
Crypto Soars to Yearly Highs amid XRP Fueled Sentiment
By Godfrey Benjamin
July 14th, 2023
Bitcoin (BTC), the world’s largest cryptocurrency, reached its highest price since June 2022, touching $31,818 on the Bitstamp exchange.
Temasek Records 5% Decline in Annual Shareholder Return
By Godfrey Benjamin
July 11th, 2023
Temasek adopted a cautious approach and slowed down its investment pace, with a net investment of $3 billion in the 12 months ending March 31.
FBI Reportedly Raid Kraken Founder Jesse Powell’s House Over Cyberstalking Accusations
By Chimamanda U. Martha
July 7th, 2023
The Kraken founder is not the first public figure in the crypto industry to be investigated by federal authorities.
Tom Brady’s Autograph Cuts Huge Manpower as It Shifts Away from Crypto Tokens
By Steve Muchoki
July 7th, 2023
The NFL quarterback legend lost nearly $50 million after FTX collapsed following a marketing deal paid in shares and some crypto assets.
Taylor Swift Reportedly Approved FTX Sponsorship Deal Contrary to Rumors She Pulled Out
By Tolu Ajiboye
July 7th, 2023
A New York Times report states that Taylor Swift approved her FTX deal after 6 months of discussions even though reports stated she never did.
Winklevoss Brothers Bash US SEC for Refusal to Approve Bitcoin ETF Products
By Steve Muchoki
July 3rd, 2023
The Gemini founders filed for the first Bitcoin ETF with the US SEC ten years ago, which was rejected for almost the same reason the recent BlackRock and Fidelity products were dismissed.
Crypto VC Investment Plummets by 70% in Just One Year, Study Finds
By Chimamanda U. Martha
July 3rd, 2023
When categorizing the funding by sector, the infrastructure category emerged as the frontrunner, with $213 million recorded in June.
Skybridge Founder Anthony Scaramucci Says Increased Regulatory in US Stems from SBF’s Actions
By Godfrey Benjamin
June 30th, 2023
When providing his opinion on the regulatory environment for cryptocurrencies in Canada compared to the United States, Anthony Scaramucci stated that Canada had learned from the US.
FTX Sues Former Compliance Officer for Enabling Top Management Fraud at Exchange
By Mayowa Adebajo
June 29th, 2023
FTX is also seeking to reclaim the funds Friedberg received while working for FTX.
FTX in Talks to Relaunch Its International Crypto Exchange
By Godfrey Benjamin
June 28th, 2023
The possibility of FTX reopening its crypto exchange services under the new management has been tagged feasible by some industry observers.
Bankrupt Voyager Digital Incurs $1.1M Legal Fees in April
By Godfrey Benjamin
June 28th, 2023
Kirkland & Ellis is currently the legal representative of many crypto exchanges that are faced with bankruptcy.
FTX Suspends Sale of $500M Stake in Anthropic
By Ibukun Ogundare
June 28th, 2023
The people familiar with the matter noted that interested buyers in the Anthropic stake signed non-disclosure agreements before the announcement that FTX was pausing the sale.
Federal Judge Denies Pretrial Motions to Dismiss Criminal Charges against SBF Citing Lack of Merits
By Steve Muchoki
June 28th, 2023
SBF will have to issue arguments beyond doubt to the judge and jury why he is not guilty of the charges levied against him.