May 10th, 2025
FTX (FTT) News - Page 10
SEC Chair Gary Gensler Warns of ‘Far Too Many Frauds and Bankruptcies’ in Crypto Industry
By Chimamanda U. Martha
December 22nd, 2023
Gensler disclosed that the SEC is actively reviewing rules that could potentially hurt the crypto industry.
Three Arrows Capital Founders See $1 Billion Asset Freeze
By Tokoni Uti
December 21st, 2023
A court has frozen the assets of the Three Arrows Capital founders. The company owes $3.3 billion to creditors and filed for bankruptcy after the collapse of the Terra ecosystem last year.
Bitcoin ETF to Push BTC Price Above $50,000, Says Matrixport Research
By Tokoni Uti
December 21st, 2023
Many Bitcoin fans have ambitious predictions for 2024 and if the token is about to hit $50,000 in the first month of the year as Matrixport says, higher milestones might be in view.
FTX Announces Settlement Agreement with Liquidators in Bahamas
By Tolu Ajiboye
December 20th, 2023
The settlement agreement between FTX and Bahamian regulators resolves the conflict between the parties, and also settles customers.
FTX Bankruptcy Fees Reach $53,000 per Hour, Crypto Exchange Still Owes Over $1B
By Temitope Olatunji
December 18th, 2023
Even with the owed fees it has paid in trying to deal with bankruptcy issues, FTX continues to face mounting challenges.
FTX Files Proposal to Exit Bankruptcy and Repay Billions to Creditors
By Chimamanda U. Martha
December 18th, 2023
FTX highlighted its intention to repay billions of dollars in cash to affected customers.
Crypto Exchange KuCoin Exits New York with $22M Settlement
By Bhushan Akolkar
December 13th, 2023
As part of the settlement, KuCoin will refund $16.77 million to New York customers and pay an additional $5.3 million to the Attorney General of the State of New York.
FTX Challenges IRS $24B Tax Claim, Citing Unsubstantiated Figures
By Chimamanda U. Martha
December 12th, 2023
FTX’s legal team noted in the filing that paying the $24 billion could impede the repayment of funds to the exchange victims.
Senator Warren Rally for Stringent Crypto Regulation in New Bill
By Godfrey Benjamin
December 12th, 2023
Senator Elizabeth Warren has been a vocal advocate for crypto regulation, consistently highlighting the risks posed by unchecked illegal activities.
Crypto VC Firm C1 Explores Acquisitions in Australia, Targets Animoca Brands and Chainalysis
By Chimamanda U. Martha
December 11th, 2023
Australia’s recent regulatory developments in the crypto space coincide with C1’s endeavor to acquire private holdings in the country.
Jack Dorsey’s Block Launches Self-Custody Bitcoin Wallet Bitkey in 95 Countries
By Mercy Tukiya Mutanya
December 8th, 2023
The wallet was developed by Block’s Proto Team and is in line with the fintech’s vision of increased access and global financial independence.
Bitcoin Bull Run 2.0: Surge in Price amid Subdued Interest
By Godfrey Benjamin
December 7th, 2023
Despite the subdued overall interest, a group that remains consistently passionate is the die-hard Bitcoin maximalists.
Solana Price Drops 7% to $60 Amidst FTX Cold Wallet Transfers
By Chimamanda U. Martha
December 5th, 2023
Crypto analyst Ali Martinez has warned of a potential correction for SOL.
FTX and Alameda Research Move $10.8M in Cryptocurrencies to Binance, Coinbase, Wintermute
By Temitope Olatunji
December 1st, 2023
These asset shifts have also been constantly noticed ever since FTX filed for bankruptcy, leaving many to speculate about the rationale behind the moves.
FTX Debt Recovery: Court Approves Sale of Grayscale Assets Worth $873M Now
By Babafemi Adebajo
November 30th, 2023
At the time FTX filed for bankruptcy, the total amount of customer assets misappropriated was about $8.7 billion.