April 18th, 2025
FTX (FTT) News - Page 30
SBF Maintains Claim He Did Not Steal Users’ Funds in New Substack Letter
By Godfrey Benjamin
January 13th, 2023
While SBF covered many areas in his substack letter, one thing was echoed over and again, and that is the fact that he did not steal users’ funds.
Crypto.com Undergoes Mass Layoffs Again
By Sanaa Sharma
January 13th, 2023
The company hasn’t commented on what roles were largely requested to leave in the latest round of layoffs.
Bitcoin Price Clocks Above $19K for First Time Since FTX Fiasco Fueled by CPI Data
By Steve Muchoki
January 13th, 2023
Bitcoin whales significantly contributed to the recent rally above $19K.
FTX Arena Naming Rights Deal Officially Terminated
By Sanaa Sharma
January 12th, 2023
Naming rights have been a popular initiative for crypto firms before the commencement of the crypto winter of 2022.
FTX Recovers $5B Worth of Liquid Assets, Might Consider Sale
By Bhushan Akolkar
January 12th, 2023
This recovery in assets could be a major boon for FTX’s customers who have their massive crypto investments frozen after the bankruptcy filing.
Quasar Finance Completes $5.4 Million Funding Round
By Mayowa Adebajo
January 12th, 2023
According to a blog post by the firm, Quasar will use the majority part of the fund for product development.
Five Associations Form UK FDC to Guide Country’s Digital Currency Future
By Steve Muchoki
January 12th, 2023
The UK FDC will focus on the potential for a Central Bank Digital Currency (CBDC), as well as the regulatory approach to stablecoins and other valuable crypto assets.
Coinbase Embarks on Layoff Again to Preserve Cash amid Crypto Meltdown
By Tolu Ajiboye
January 11th, 2023
Popular exchange Coinbase recently announced an 18% staff layoff to strengthen its financial position in the face of a crypto crunch.
FTX Businesses Like LedgerX Draw Interest from More than 100 Potential Buyers
By Bhushan Akolkar
January 10th, 2023
FTX debtors have prioritized selling four businesses owned by the company, however, the US bankruptcy trustee in FTX’s case has argued that FTX has provided very little information on what’s actually being sold.
US DOJ Reveals Seizure of $465M in Robinhood Shares & $20M Fiat Currency
By Tolu Ajiboye
January 10th, 2023
According to the US DOJ, the Robinhood shares have drawn ownership claims from several parties, including SBF and FTX creditors.
Jefferies Analyst Believes Coinbase to Benefit from FTX Fallout, COIN Stock Up 15%
By Ibukun Ogundare
January 10th, 2023
Jefferies wrote that Coinbase would be “acutely pressured in the near term” as retail customers withdraw from crypto after the FTX crumble.
Former FTX US Boss Promises to Share Insight on Exchange’s Operations
By Godfrey Benjamin
January 9th, 2023
The former FTX boss said he will share details about what he knows of the exchange “in time”.
US DOJ Opens Website for SBF Victims, Implores Them to Come Forward
By Tolu Ajiboye
January 9th, 2023
US prosecutors have created a website to communicate explicitly with the victims of disgraced ex-FTX boss Sam Bankman-Fried (SBF).
US Prosecutors Subpoena Hedge Funds Linked to Crypto Exchange Binance
By Bhushan Akolkar
January 9th, 2023
The US attorney’s office for the Western District of Washington in Seattle has subpoenaed a few investment firms asking them to provide records of their communications with Binance over the past few months.
M-Ventures Partner Leo Zhao’s Speech on 2023 Trends and Opportunities in Web3
By Andy Watson
January 6th, 2023
The need for better transparency and compliance with laid down rules will be critical in 2023.