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...
Tag : FTX
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...
FTX Aims to Recover SBF’s Political Donations by February End
It was previously revealed that SBF donated millions of dollars to politicians throughout the 2022 midterm cycle. However, the FTX exchange has now demanded the...
Alameda Research Files a $446m Lawsuit Against Bankrupt Voyager Digital
The FTX saga severely disrupted the crypto space but it is far from over. With every passing day there is a different angle to the...
SBF Accused of Influencing Testimony in Latest Court Filing
The ex-chief of troubled crypto exchange FTX, Sam-Bankman Fried (SBF) seems to be getting in more trouble with every passing day. He is charged with...
Refund to Creditors May Take Two Years: FTX Management Says
While the executives of the defunct FTX exchange have hoped to be able to recover some funds so creditors can be reimbursed, some sources have...