April 18th, 2025
FTX (FTT) News - Page 32
Disgraced FTX Founder SBF Took Money from Alameda to Buy Robinhood Shares
By Bhushan Akolkar
December 28th, 2022
As per court documents, SBF and FTX co-founder Gary Wang took $546 million from Alameda Research to purchase the stock of Robinhood Markets.
Daily Crypto Trading Volume at Multi-Year Low as Total Market Cap Falls below $800B
By Steve Muchoki
December 28th, 2022
The cryptocurrency industry is expected to be trapped in the ongoing bear market in 2023.
Collapse of FTX Can Bring SEC Closer to Banning Cryptocurrencies
By Bhushan Akolkar
December 23rd, 2022
The US SEC has already launched its first attack declaring that FTX’s native cryptocurrency FTT token was a security.
Sam Bankman-Fried to Be Released on $250 Million Bail
By Steve Muchoki
December 23rd, 2022
SBF will be staying with his parents, both Stanford Law professors until the next hearing happens early next year.
Brazilian President Signs New Crypto Regulation Bill into Law
By Babafemi Adebajo
December 23rd, 2022
While the government did not state the regulatory body in charge, many expect the Brazilian Securities and Exchange Commission (CVM) will oversee all digital assets considered securities.
Coinspaker Advent Calendar: Future of Crypto Market in 2023
By Godfrey Benjamin
December 23rd, 2022
In the new year, there is a general expectation that the aftermath of the FTX bankruptcy will spill to other companies over time.
FTX Acquisition of Blockfolio Was Mostly Funded with FTT Tokens
By Godfrey Benjamin
December 22nd, 2022
The FTT token was also a major factor in the implosion of FTX.
US SEC Declares FTX’s Native Token FTT as Security
By Bhushan Akolkar
December 22nd, 2022
The SEC stated that the operations of the FTT token and the buy-and-burn program initiated by crypto exchange FTX are synonymous with stock buyback and thus constitute the behavior of securities.
Caroline Ellison and Gary Wang Plead Guilty in Ongoing FTX Investigation
By Godfrey Benjamin
December 22nd, 2022
For their complicit role in how FTX went under, Federal prosecutors have filed a separate action against the duo for participating in the “multiyear scheme to defraud equity investors in FTX”.
Court Approves FTX CEO SBF’s Extradition from Bahamas to US
By Ibukun Ogundare
December 22nd, 2022
The former crypto billionaire could face life imprisonment if the government pursues wire or bank fraud charges.
Change in Gaming Industry Is Already Here
By Julia Sakovich
December 21st, 2022
In 2023, P2E games are expected to skyrocket, since more and more game studios adopt the P2E mode and many players are eager to receive tangible rewards for their in-game efforts.
Wallet Developer SafePal Announces Support for The Open Network (TON)
By Bhushan Akolkar
December 21st, 2022
This partnership with TON will allow SafePal’s hardware and software wallet users to store and send the $TON coins and interact directly with TON dApps.
FTX Recovers $1 Billion in Assets as Company Unwinding Continues
By Tolu Ajiboye
December 21st, 2022
The insolvency specialists at FTX have recovered $1 billion worth of assets from numerous banks, including over $800 million in cash.
Coinbase and Binance Are Largest Beneficiaries of FTX Fallout
By Steve Muchoki
December 21st, 2022
Binance and Coinbase lead the spot exchanges in the past 24 hours with trading volumes of approximately $8,582,628,378, and $1,192,133,466 respectively.
BlockFi Seeks to Resume Withdrawals for Selected Customers
By Ibukun Ogundare
December 20th, 2022
BlockFi intends to delete all “attempted” withdrawals after the platform pause from the user interface to sort out any confusion.