Ftx Collapse
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FTX Sues Binance and Ex-CEO Zhao, Seeking $1.8 Billion Clawback
FTX is seeking to claw back almost $1.8 billion it alleges was fraudulently transferred by Sam Bankman-Fried. Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
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Inside Sam Bankman-Fried's Multi-Billion Dollar FTX Fraud
Former cryptocurrency billionaire Sam Bankman-Fried, 32, has been sentenced to 25 years in prison for his involvement in a major financial scam related to the collapse of the FTX crypto exchange.
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Crypto Market Eyes Interest Rates, Expected Bitcoin ETFs in 2024 After Recovery
After ending 2023 on a high, crypto investors will be watching central bank interest rates and a US regulatory decision on new bitcoin products as they decide how to place their bets next year. Cryptocurrencies staged a recovery this year after a torrid 2022 in which a market meltdown and a string of scandals, including the collapse of FTX and frau...
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More Crypto Safeguards Needed to Prevent FTX Fallout Situation, Says Financial Stability Board
More measures may be needed to stop blow-ups at complex crypto firms like FTX from destabilising the wider financial system, the global Financial Stability Board (FSB) said on Tuesday.
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FTX Founder To Retake Witness Stand, Face Cross-Examination In Fraud Trail
FTX founder Sam Bankman-Fried is set to retake the witness stand on Monday in his trial on fraud charges tied to the collapse of the cryptocurrency exchange.
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FTX Founder Sam Bankman-Fried To Testify At His US Crypto Trial
Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, plans to make another high-stakes gamble and testify in his own defense at his criminal fraud trial.
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BlockFi to Shut Operations, Return Crypto Assets to Customers
BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the turbulence in thecryptocurrency industry following FTX's collapse.
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"Crossed A Line": FTX Founder Sam Bankman-Fried May Be Jailed Before Trial
A US judge on Wednesday tightened Sam Bankman-Fried's bail conditions by restricting his ability to communicate publicly, and said he will consider jailing him before the trial over the collapse of his FTX cryptocurrency exchange.
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FTX License Cancelled by Australia Securities Regulator Effective From July 14
Australian Securities & Investments Commission (ASIC) said on Wednesday it had cancelled the license of the local arm of collapsed U.S. cryptocurrency exchange FTX, effective from July 14.
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Nasdaq Refiles BlackRock's Bitcoin ETF Application With SEC: Details
Nasdaq refiled an application with the US SEC to list an exchange-traded fund by BlackRock that will reflect the price of bitcoin to add additional details. The refreshed filing said that Coinbase Global will provide market surveillance in support of the proposed ETF from the world's largest asset manager.
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FTX Sues Binance and Ex-CEO Zhao, Seeking $1.8 Billion Clawback
FTX is seeking to claw back almost $1.8 billion it alleges was fraudulently transferred by Sam Bankman-Fried. Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
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Inside Sam Bankman-Fried's Multi-Billion Dollar FTX Fraud
Former cryptocurrency billionaire Sam Bankman-Fried, 32, has been sentenced to 25 years in prison for his involvement in a major financial scam related to the collapse of the FTX crypto exchange.
-
Crypto Market Eyes Interest Rates, Expected Bitcoin ETFs in 2024 After Recovery
After ending 2023 on a high, crypto investors will be watching central bank interest rates and a US regulatory decision on new bitcoin products as they decide how to place their bets next year. Cryptocurrencies staged a recovery this year after a torrid 2022 in which a market meltdown and a string of scandals, including the collapse of FTX and frau...
-
More Crypto Safeguards Needed to Prevent FTX Fallout Situation, Says Financial Stability Board
More measures may be needed to stop blow-ups at complex crypto firms like FTX from destabilising the wider financial system, the global Financial Stability Board (FSB) said on Tuesday.
-
FTX Founder To Retake Witness Stand, Face Cross-Examination In Fraud Trail
FTX founder Sam Bankman-Fried is set to retake the witness stand on Monday in his trial on fraud charges tied to the collapse of the cryptocurrency exchange.
-
FTX Founder Sam Bankman-Fried To Testify At His US Crypto Trial
Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, plans to make another high-stakes gamble and testify in his own defense at his criminal fraud trial.
-
BlockFi to Shut Operations, Return Crypto Assets to Customers
BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the turbulence in thecryptocurrency industry following FTX's collapse.
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"Crossed A Line": FTX Founder Sam Bankman-Fried May Be Jailed Before Trial
A US judge on Wednesday tightened Sam Bankman-Fried's bail conditions by restricting his ability to communicate publicly, and said he will consider jailing him before the trial over the collapse of his FTX cryptocurrency exchange.
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FTX License Cancelled by Australia Securities Regulator Effective From July 14
Australian Securities & Investments Commission (ASIC) said on Wednesday it had cancelled the license of the local arm of collapsed U.S. cryptocurrency exchange FTX, effective from July 14.
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Nasdaq Refiles BlackRock's Bitcoin ETF Application With SEC: Details
Nasdaq refiled an application with the US SEC to list an exchange-traded fund by BlackRock that will reflect the price of bitcoin to add additional details. The refreshed filing said that Coinbase Global will provide market surveillance in support of the proposed ETF from the world's largest asset manager.
