A last-minute change to the FTX bankruptcy plan has surprised creditors, who reportedly voted overwhelmingly to approve the plan in August.
FTX crypto holders left disappointed with a projected recovery of just 10-25%.
The upcoming week could mark an important juncture for the cryptocurrency market, as the bankrupt derivatives exchange FTX repayments process begins â probably one of the most highly anticipated repayment processes. But, with nearly $16 billion set t
Sullivan & Cromwell LLP didn't ignore "red flags" about FTX when it was advising its CEO on buying Robinhood shares, a report found.
The ex-Alameda Research CEO faces time for her role in the collapse of FTX alongside past lover Sam Bankman-Fried. Here's what to expect.
Polymarket betters are predicting that former Alameda Research CEO Caroline Ellison will receive no prison time for her role in the FTX scandal ahead of her September 24 sentencing, a new poll on the prediction marketâs website reveals. Ellison testi
Polymarket traders are betting that former Alameda Research CEO Caroline Ellison would not serve time in prison. Hours before a judge was set to decide Ellisonâs fate, users on the decentralized prediction platform Polymarket wagered over $153,670 on
House of Representatives members brought up FTX, Donald Trumpâs token launch, and SEC Chair Gary Gensler at the âDazed and Confusedâ digital assets hearing.
FTX auditor Prager Metis has settled with the SEC for audit norm violations. Prager Metis conducted two defunct FTX audits between 2021 and 2022. SEC ...
Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her extensive cooperation with authorities and personal acceptance o
In an explosive thread on X, Cyber Capital founder Justin Bons accused Tether of being the largest fraud in crypto history. He believes that the stablecoin issuerâs alleged scandal has surpassed the scandals of both FTX and Bernie Madoff. Bons warned
The post FTX Unstakes Over $1 Billion in Solana: Whatâs Next For Cryptoâs Comeback Kid? appeared first on Coinpedia Fintech News FTX recently unstaked over $1 billion worth of Solana (SOL), sparking concerns about the impact on the market. Despite th
Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him a fair trial and seek a retrial with a different judg
Bankman-Fried was found guilty in November of defrauding customers, lenders and investors of FTX and later sentenced to 25 years in prison.
As Solana approaches a comeback, potentially surpassing $137, a black swan event signals a massive influx of supply, which could⌠The post Whatâs Next For Solana as FTX Unstakes $1B SOL first appeared on The Crypto Basic.
Ex-FTX Digital Market co-CEO Ryan Salame will resume his prison sentence on Oct 11. A United States court has granted the governmentâs request to move up the date of Salameâs self-surrender. The aftermath of FTX implosion left users with high losses
Former FTX executive Ryan Salame faces potential sanctions after admitting to making false statements during his 2023 guilty plea for campaign finance and money-transmitting crimes. US District Judge Lewis Kaplan, overseeing the case, expressed conce
Cryptocurrency wallet H4yâŚgFZ, reportedly belonging to FTX/Alameda or affiliated with them, has recently redeemed 177,693 Solana tokens from the solana Proof-of-Stake (PoS) network. Crypto exchange FTX was one of the biggest holders of Solana (SOL) c
The post FTX Strikes Deal to Regain $600 Million in Robinhood Shares: A Turnaround Strategy? appeared first on Coinpedia Fintech News FTXâs Strategic Move has stumbled millions of crypto investors as FTX has reached a sealed agreement to regain contr
Several crypto funds, including Pantera Capital and ParaFi Capital, recently purchased a substantial amount of Metaplex (MPLX) tokens from Wave Digital Assets, originally held by the FTX estate, according to a source familiar with the situation and c