April 18th, 2025
FTX (FTT) News - Page 42
FTX Creditors May Number Up to 1 Million
By Godfrey Benjamin
November 15th, 2022
Besides the more than 200 affiliated companies FTX named in the bankruptcy filing last week, many creditors are likely to go out of business.
Solana Ecosystem Hardest Hit by FTX Bankruptcy
By Babafemi Adebajo
November 15th, 2022
Despite the reassurances, the bleeding of SOL has not stopped as SOL continues to dive.
FTX Hacker Still in Possession of $339M in Digital Assets, Including $215M Worth of ETH
By Tolu Ajiboye
November 15th, 2022
Although the FTX hacker lost a sizable chunk of the loot due to hasty decision-making, they still hold $339 million in various crypto.
Turkish Law Enforcement Investigating into FTX Local Operations Following Collapse
By Bhushan Akolkar
November 15th, 2022
Similar to the US and the Bahamas, the Turkish law enforcement agency launched an investigation into institutions, people, banks, and crypto service providers associated with FTX.
Paxos Freezes FTX-Linked Accounts with $19 Million
By Babafemi Adebajo
November 15th, 2022
After FTX declared Chapter 11 bankruptcy, a series of unauthorized transactions happened on the company accounts.
BlockFi Claims That Majority of Its Assets Didn’t Go Down with FTX
By Mayowa Adebajo
November 15th, 2022
BlockFi said the rumor is not entirely true and issued a statement to clarify the situation on the ground.
Solana Foundation Exposed to FTX Collapse via Direct Investments
By Steve Muchoki
November 15th, 2022
The Solana Foundation has 3.24M shares of FTX Trading LTD common stock, 3.43 million FTT tokens, and 134.54M SRM tokens.
Binance’s CZ Proposes Crypto Association to Work with Regulators Worldwide
By Steve Muchoki
November 15th, 2022
In a bid to rescue FTX customers who may be left out in the dark, Binance CEO has set out a fund to help promising projects undergoing a liquidity crisis.
Binance to Launch ‘Industry Recovery Fund’ for Troubled Crypto Projects
By Mayowa Adebajo
November 14th, 2022
Binance wants to help crypto firms currently facing liquidity crisis.
Crypto.com Recovers $1B Exposure from FTX before Collapse, Maintains Sound Balance Sheet
By Tolu Ajiboye
November 14th, 2022
Crypto.com clarifies it did not lose $1 billion in crypto to FTX but instead lost a much smaller $10 million stake.
Payment Giant Visa Terminates Partnership with Bankrupt FTX
By Godfrey Benjamin
November 14th, 2022
The ongoing trials of the FTX platform have confirmed the saying that no one wants to tag along with a failure.
Solana’s FTX-backed Liquidity Hub Serum Forked by Developers after Compromise
By Bhushan Akolkar
November 14th, 2022
Several Solana-based DeFi protocols started unplugging from Serum as they weren’t sure who wielded absolute control over it.
Hong Kong to Issue Tokenized Green Bonds by Year’s End
By Babafemi Adebajo
November 14th, 2022
Given the interest of multiple enterprises in expanding their operations in the region, the new policies will drive interest in Hong Kong as a financial hub.
Alameda Research Quietly Used FTX Customers’ Funds
By Bhushan Akolkar
November 14th, 2022
Sources familiar with the matter explained the blurred lines in the functioning of FTX and Alameda Research and how the employees were kept in the dark over the misuse of customers’ funds.
Bahamas Regulators Target FTX, Begin Investigation on Potential Criminal Misconduct
By Ibukun Ogundare
November 14th, 2022
It appears that the friendship between the Bahamas and FTX is gradually coming to an end with the ongoing scrutiny.