[ad_1] Bankrupt cryptocurrency exchange FTX has unveiled USD $7 billion in assets and billions of dollars in payouts to senior executives, including its Founder, Sam Bankman-Fried. FTX’s financial disclosure, filed in court…
Category: ftx
FTX pushes for settlement, Stake suffers massive hack, regulatory efforts thrive
[ad_1] This week, FTX kicked off a creditor resolution initiative, as regulatory efforts received significant attention. Meanwhile, Stake fell victim to a multimillion-dollar exploit. FTX moves to pay off creditor debts As…
Robinhood Strikes $600M Deal to Reclaim FTX’s Shares
[ad_1] Robinhood has announced a $605.7 million share repurchase agreement with the US Marshal Service (USMS) to regain control of shares previously held by Same Bankman-Fried (SBF)’s Emergent Fidelity Technologies. This move…
Creditors Accuse Genesis of Manipulating Bankruptcy Process in FTX Deal
[ad_1] Accusations of vote buying and manipulation have added complexity and uncertainty to Genesis’ bankruptcy case. Bankrupt crypto lender Genesis Global Capital (GGC) faces new claims from creditors that its proposed $175…
FTX Co-Founder’s Trial To Feature High-Priced Expert Witnesses Earning $1,200 An Hour
[ad_1] In accordance with Bloomberg Law reportsoon fraud trial scheduled for October, FTX co-founder Sam Bankman-Fried is preparing to call seven expert witnesses, who may pay them up to $1,200 an hour,…
Sam Bankman-Fried’s lawyers push for temporary release, object to prosecutors’ proposed deal
[ad_1] Lawyers representing former FTX CEO Sam Bankman-Fried, or SBF, claim the “extraordinary accommodations” offered by the authorities were not enough for him to prepare for his criminal trial in October. In…
FTX Investor Data Compromised After Kroll Cyber Attack
[ad_1] Krollclaims agent in bankruptcy case of cryptocurrency exchange FTX disbursing funds, reported experienced a cybersecurity incident, and the non-sensitive data of some of the plaintiffs was compromised. The official FTX account…
FTX Empowers Users With Galaxy Integration For Crypto Billion Activities
[ad_1] Bankrupt exchanges aim to replace creditors with USD while preserving the value of assets. FTX, a bankrupt crypto exchange, plans to engage in selling, staking, and hedging large crypto holdings. It…