Judge Torres is doing all she can to leave no stone unturned in the lawsuit that has spanned close to 2 years now.
Despite the reassurances, the bleeding of SOL has not stopped as SOL continues to dive.
Although the FTX hacker lost a sizable chunk of the loot due to hasty decision-making, they still hold $339 million in various crypto.
Similar to the US and the Bahamas, the Turkish law enforcement agency launched an investigation into institutions, people, banks, and crypto service providers associated with FTX.
After FTX declared Chapter 11 bankruptcy, a series of unauthorized transactions happened on the company accounts.
BlockFi said the rumor is not entirely true and issued a statement to clarify the situation on the ground.
The Solana Foundation has 3.24M shares of FTX Trading LTD common stock, 3.43 million FTT tokens, and 134.54M SRM tokens.
In a bid to rescue FTX customers who may be left out in the dark, Binance CEO has set out a fund to help promising projects undergoing a liquidity crisis.
The browser extension wallet will allow users to manage and secure store, send and receive nearly 8 million tokens across all EVM chains and Solana. It plans to add support for non-EVM chains very soon.
Binance wants to help crypto firms currently facing liquidity crisis.
Crypto.com clarifies it did not lose $1 billion in crypto to FTX but instead lost a much smaller $10 million stake.
Several Solana-based DeFi protocols started unplugging from Serum as they weren’t sure who wielded absolute control over it.
Sources familiar with the matter explained the blurred lines in the functioning of FTX and Alameda Research and how the employees were kept in the dark over the misuse of customers’ funds.
It appears that the friendship between the Bahamas and FTX is gradually coming to an end with the ongoing scrutiny.
Huobi has reiterated that it will remain adamant about protecting and not appropriating users’ funds, which shall be fully redeemable and withdrawable.