Court Delivers Legal Notice to Crypto Influencer Regarding FTX Collapse
A Florida district court in the United States slammed a cryptocurrency influencer, Tom Nash, with a class-action lawsuit on May 2 regarding the FTX company...
Tag : FTX
FTX Advisors Collect $103M Amid Bankruptcy Proceedings in Q1
The Cryptocurrency exchange FTX’s legal and consulting teams have secured a combined total of $103 million during the first quarter of the year, as the...
VC Firm Tribe Capital Could Fund FTX Reboot Plan
Tribe Capital invested heavily in FTX prior to its collapse and is now exploring all possibilities of investing again to revive the exchange. Currently, the...
Mysten Labs Aims to Buy Back Shares Worth $96M from FTX
Mysten Labs is looking to purchase back $96M worth of shares it sold to the FTX exchange. The offer by Mysten Labs consists of approximately...
Federal Judge Denies Consolidation Request Against FTX
In a recent development in the FTX fiasco, United States District Judge Jacqueline Scott Corley has denied a request to consolidate several lawsuits against FTX....
FTX Verifies That $8.9 Billion is Missing in User Funds
Bankrupt cryptocurrency exchange FTX has confirmed a “massive shortfall” in its digital asset and fiat currency holdings, with billions worth of customer funds missing from...
Coinbase Reports Unexpected Revenue Increase in Q4
Despite uncertainty within the crypto industry, there is some relief for one of the most popular crypto platforms, Coinbase. In a positive development, Coinbase has...
Galois Capital Closes its Doors as the Result of the FTX Collapse
Galois Capital, a renowned crypto investment firm, has unfortunately closed operations after losing half of its capital amid the FTX collapse. Keeping the considerable loss...
Judges Might Impose Stricter Bail Restrictions for Sam Bankman-Fried
The uncertainty around bail conditions of Sam Bankman-Fried have been growing consistently, and it is reported that the judge has ordered to make these conditions...
Sam Bankman-Fried Reaches an Agreement Over Use of Messaging Apps
Previously, banning Sam Bankman-Fried from carrying out communication using platforms was considered as he was suspected to influence the statements of FTX employees. However, in...