April 18th, 2025
FTX (FTT) News - Page 25
Crypto Giant Digital Currency Group Books Loss of $1.1B in 2022
By Bhushan Akolkar
February 28th, 2023
The crypto winter of 2022 has put severe stress on the balance sheet of DCG. The company is working on major restructuring with the blowup of its crypto lending subsidiary Genesis.
Gary Gensler on FTX Fallout and Deceptive Crypto Market
By Godfrey Benjamin
February 24th, 2023
The question of what constitutes security according to US securities laws remains a very volatile issue in the crypto ecosystem today.
FTX’s Disgraced Founder Sam Bankman-Fried Faces Four New Criminal Charges
By Bhushan Akolkar
February 24th, 2023
Fresh indictment charges against FTX founder could put an additional 40 years of prison over multiple charges of fraud. It also highlights major details of SBF’s contributions to political parties.
FTX Japan Reports $50M in Withdrawals Since February 21, $98M Remain Unclaimed
By Steve Muchoki
February 24th, 2023
FTX Japan had cautioned customers that withdrawal processes might take longer due to simultaneous requests.
German DZ Bank Taps Metaco to Offer Crypto Asset Management Service
By Godfrey Benjamin
February 23rd, 2023
With the right user base and its alignment with existing regulations, DZ Bank will open access to millions of users to consider getting into the crypto ecosystem with its offering.
Plans of Binance Acquisition of Voyager in Full Swing
By Bhushan Akolkar
February 23rd, 2023
Crypto lender Voyager Digital announced bankruptcy last year in July.
FTX Japan to Resume Withdrawals of Fiat Currency and Crypto Assets Today
By Steve Muchoki
February 21st, 2023
FTX Japan has noted that the resumption of other services, including trading and asset swaps, will be announced soon.
BlockFi Files Appeal to Cancel SBF Offshore Investment Vehicle Bankruptcy Protections
By Tolu Ajiboye
February 21st, 2023
Bankrupt crypto lender BlockFi is asking a court to dismiss SBF’s appeal for Emergent Fidelity bankruptcy protections.
FTX Bankruptcy Claims Selling at 20 Cents to 1 Dollar
By Bhushan Akolkar
February 21st, 2023
As per reports, public bankruptcy markets are currently valuing distressed FTX assets at around $0.16 on the dollar.
Hong Kong Releases Consultation Paper as It Is Ready to Allow Trading of Large Crypto Coins
By Godfrey Benjamin
February 20th, 2023
The introduction of the consultation paper, which is open until March 31, is the next major show of good faith for the regulator, and industry experts are keeping a close eye on the events moving forward.
Crypto Hedge Fund Galois Capital Is Latest Victim of FTX Collapse
By Bhushan Akolkar
February 20th, 2023
As per reports, Galois Capital has nearly $100 million worth of funds stuck with the crypto exchange FTX.
Lamborghini Teams Up with VeVe NFT Marketplace to Release Limited Edition of Digital Collectibles
By Steve Muchoki
February 16th, 2023
VeVe co-founder Dan Crothers noted that he’s enthusiastic about giving Lamborghini fans a new way to experience their favorite sports car.
Binance to Pay Heavy Fines for Compliance Issues
By Sanaa Sharma
February 16th, 2023
Binance has been on the receiving end of several investigations in the United States.
These Two Stanford Guys Signed for Sam Bankman-Fried’s $250M Bail Bond
By Bhushan Akolkar
February 16th, 2023
Apart from SBF’s parents, two other guarantors for his $250 million bail bond are Stanford executives who claim to have signed the bond in individual capacities.
Floki Jumps 41% as Musk Calls His Dog ‘New CEO of Twitter’
By Sanaa Sharma
February 15th, 2023
Musk is well-known for his influence on the crypto markets, especially when it comes to coins like Doge.