
April 18th, 2025
With the new $3.2 million in shares, Cathie Wood’s Ark Invest may now boast a total of $5.8 million COIN shares in its portfolio.
O’Leary emphasized that the share purchases and FTT token sales both affected FTX’s balance sheet.
The Binance CEO also spoke about the USDC withdrawal suspension while explaining the impact of the crypto winter.
Sam Bankman-Fried has been facing eight different charges and his punishment could total up to 115 years in prison.
Besides the prosecution SBF is facing in the Bahamas, he is also wanted in the United States by the Department of Justice (DoJ) as well as the Commodity Futures Trading Commission (CFTC).
Silvergate recently noted that its relation with FTX is limited to deposits and has no outstanding loans with FTX or Alameda.
Hardware wallets are becoming increasingly popular as a secure and user-friendly way to store digital currencies.
Disgraced FTX ex-CEO SBF was planning to blame everyone else except himself in a leaked testimony intended for a Congress hearing.
Sam Bankman-Fried is expected to be extradited to the United States to face trial.
Justin Sun has deposited a substantial amount of money back into Binance after the exchange’s outflow rapidly hit $1.8 billion.
In a recent interview, SBF indicated that the FTX US entity is fully solvent and does not understand why the current CEO, John Ray, has not granted access.
Former BitMEX CEO says the “irresponsible entities” within the crypto industry have all been completely wiped out.
Considering its sensitivity, DOGE is likely to bounce in either direction in tandem with the broader market after the hearing.
Ark Invest resumed its Coinbase shares acquisition in October when it added 10,880 shares, pushing the valuation of its then-total holdings to $60.5 million.
FTX has more than a million estimated creditors according to the bankruptcy files. The losses suffered by the company are between a range of $10 to $50 billion.