FTT Surges 30% as Disgraced FTX Founder Sam Bankman-Fried Posts for First Time in 2 Years
FTX Token (FTT) briefly surged following a tweet from imprisoned founder Sam Bankman-Fried, while his parents seek a presidential pardon for him.
FTT Jumps 36% amid Pudgy Penguins Rewards for FTT Holders
By Vishal Dixit
FTT token makes a surprising jump, driving a new breakout rally. As holders anticipate a parabolic rise for FTT to rise back from its ashes, the token with no use finds a new relief fund from Pudgy Penguins. However, the risks of liquidation amid FTX’s bankruptcy loom large.
FTX Token (FTT) Price Shoots 36% after Exchange Reorganization Plan
FTT, the native token of the bankrupt FTX exchange, surged 36% to a high of $2.96, following FTX’s court-approved reorganization plan.
Ignoring the Downtrend: What Cryptos Are Industry Insiders Buying Right Now?
Current market trends show KAS, FTT, UNI, and HBAR might have less potential in the short term. CYBRO, however, offers a cutting-edge platform for DeFi enthusiasts.
Spot Ethereum ETF Inflows Hit New Highs — Boosting Bullish Momentum for FTX (FTT), Tron (TRX) and Cybro
Uncover which coins are poised for a breakout in the detailed analysis.
FTX Token Soars 60% with $16B Repayment Plan: What’s Fueling Rally?
By Bena Ilyas
The rally aligned with unfounded rumors that FTX would begin reimbursing its defrauded creditors by September 30.
FTX Victims Seek Control of Forfeited Assets amid Bankruptcy Battle
The filing also reflected the sentiments of many FTX customers who feel disillusioned, viewing the bankruptcy process as a “second act of theft”.
Top 10 Major Crypto Headlines in 2023 by Coinspeaker: Year of Triumphs, Scandals, and Transformations
It was a controversial year for the crypto indutrsy. Let’s have a closer look at the major crypto-related events that too place in 2023.
FTX Offers $16,871 Bitcoin Price for Creditor Claims, Users Reject
If the court approves the proposed plans from debtors, the FTX creditors could lose a huge sum of money considering the rally in crypto market this year.
FTX Debt Recovery: Court Approves Sale of Grayscale Assets Worth $873M Now
At the time FTX filed for bankruptcy, the total amount of customer assets misappropriated was about $8.7 billion.
Binance Gets New CEO Following Sudden Departure of Changpeng Zhao (CZ)
New Binance CEO Richard Teng has a rich track record in the financial regulatory environment, having worked in Dubai and Singapore for the past years.
FTX Diverted Customer Funds to Buyback Stake from Rival Company Binance
It was disclosed that FTX customers’ money was spent on business investments, political and charity donations, and real estate.
California-Based Resident Sues Binance.US and CZ for Their Role in FTX’s Downfall
The suit is demanding monetary damages, court costs and the remission of ill-gotten gains based on seven counts.
FTX Customers Remain Bullish on Crypto despite Losing Fortunes
While FTX customers remain optimistic about the future of cryptocurrency, their battle for compensation continues.
FTX Draft Creditor Repayment Plan Hints at Reboot
The news of a possible FTX reboot resulted in a 10% spike in FTX’s FTT token to reach a high of $1.59.