April 18th, 2025
FTX (FTT) News - Page 26
US Bankruptcy Judge Removes FTX Turkish Units from Ongoing Case against Parent Company
By Tolu Ajiboye
February 14th, 2023
A US court has excluded FTX Turkish units from the company’s bankruptcy case after a request from the exchange’s representatives.
Sam Bankman-Fried to Face Criminal Trial before CFTC and SEC Proceedings Begin
By Mayowa Adebajo
February 14th, 2023
Civil proceedings from CFTC and the SEC will now have to wait.
Galaxy Digital Eyes Global Regulatory Approval amid US Crypto Crackdowns
By Steve Muchoki
February 14th, 2023
Galaxy Bahamas Ltd. will physically operate from the Bahamas and initially serve as an extension of the company’s trading platform.
France Seeks to Tighten Crypto Registration Rules by January 2024
By Tolu Ajiboye
February 13th, 2023
France views its new crypto registration rules as an enhanced version of its burdensome Senate-endorsed licensing requirements.
Stock of Crypto Bank Silvergate Capital Is Second-Most Shorted in US
By Bhushan Akolkar
February 13th, 2023
After the investigative scrutiny by the US DoJ, Silvergate Capital has 72.57% of the stocks shorted in the US market representing extreme bearish sentiment.
Coinbase CEO: SEC May Ban Crypto Staking
By Babafemi Adebajo
February 9th, 2023
Previously, SEC Chairman Gary Gensler noted that assets that can be staked fall under securities based on the Howey test.
Robinhood Posts 24% Loss in Crypto Trading Revenue in Q4 2022
By Ibukun Ogundare
February 9th, 2023
On the financial outlook for the year, Robinhood expects its full-year total operating expenses to fall between $2.375 billion and $2.515 billion.
Binance to Create Consortium amid Dwindling Trust in Crypto Industry
By Mayowa Adebajo
February 9th, 2023
Binance might be ready to take on a more active role in coming regulations.
FTX Lawyers Billed $20M in Just 51 Days of Bankruptcy Filing
By Bhushan Akolkar
February 9th, 2023
Some partners at the law firms involved in FTX’s bankruptcy proceedings have charged a hefty fee north of $10,000 even for a single day’s work.
Robinhood to Buy Back SBF Stake of $578M amid US Criminal Proceedings against Disgraces ex-FTX CEO
By Tolu Ajiboye
February 9th, 2023
Stock trading app Robinhood recently announced plans to buy back a sizable SBF HOOD stake in conjunction with the DOJ.
FTX CEO John Ray Bemoans ‘Hell-Like’ Experience at Exchange
By Mayowa Adebajo
February 7th, 2023
Ray’s telltale testimony follows a motion from the Office of the US Trustee arguing that the court should appoint an independent examiner.
Potential Buyers Inquire about Hodlnaut amid Insolvency Crisis
By Tolu Ajiboye
February 6th, 2023
Potential buyers are interested in embattled crypto lender Hodlnaut following creditors’ preference for liquidation instead of restructuring.
Google Invests $300M in AI Firm Previously Backed by Sam Bankman-Fried
By Tolu Ajiboye
February 6th, 2023
Tech giant Google recently invested a sizable sum into AI firm Anthropic to further facilitate AI deployment and use cases.
Silvergate Bank Under Probe by US DOJ Over Dealings with FTX
By Godfrey Benjamin
February 3rd, 2023
While the current subject of the probe into Silvergate Bank appears speculative at this time, there is a deep tie between the financial institution and FTX.
Coinbase (COIN) Stock Pops Up 26% after Dismissal of Lawsuit
By Bhushan Akolkar
February 3rd, 2023
The Coinbase stock has rallied by more than 142% year-to-date as of Thursday’s closing. Stocks of several crypto firms witnessed a healthy recovery last month.