December 29th, 2025
FTX (FTT) News - Page 12
Genesis Sues Gemini Seeking Return of $689M in Preferential Transfers
By Temitope Olatunji
November 22nd, 2023
Genesis claims that, as market volatility increased, Gemini made significant withdrawal demands that harmed other creditors.
US FinCEN and OFAC Announces Historical Settlement with Binance Amounting to Over $4.3B
By Steve Muchoki
November 22nd, 2023
As part of the settlement with Binance, FinCEN will impose a five-year monitorship program on the company’s order books despite the fact that the exchange agreed to completely exit the US market.
Binance Gets New CEO Following Sudden Departure of Changpeng Zhao (CZ)
By Steve Muchoki
November 22nd, 2023
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.
AI Firm Anthropic Reportedly Rejects Merger Offer from OpenAI
By Mayowa Adebajo
November 21st, 2023
OpenAI’s offer also included making Anthropic’s CEO and co-founder Dario Amodei a replacement for Altman.
Backpack Exchange: Ex-Employees of FTX Create New Entity
By Mayowa Adebajo
November 14th, 2023
It might be interesting to note that those running the affairs of Backpack Exchange intend to take a cue from FTX.
FTX Sues Bybit in Attempt to Recover $953M Withdrawn Prior to Chapter 11 Filing
By Mercy Tukiya Mutanya
November 11th, 2023
FTX management has been trying to recover funds from multiple sources including beneficiaries of donations made by the firm and its former CEO Sam Bankman-Fried.
Crypto Renaissance: One Year Since FTX Collapse and 2 Years Since BTC $69K ATH
By Godfrey Benjamin
November 10th, 2023
The cryptocurrency’s historical trends indicate that significant gains often occur a year and a half after the bottom, suggesting a rapid price surge in the coming years.
SEC to Greenlight FTX Revival Under Compliance-Driven Leadership
By Chimamanda U. Martha
November 9th, 2023
SEC Chair Gary Gensler said the agency would greenlight the reboot of the exchange if “Tom or anybody else” did it within the law.
FTX Exchange Restructuring Plan Narrows Down to Three Investors Led by Former NYSE President Tom Farley
By Steve Muchoki
November 9th, 2023
After FTX scrutinized 75 bidders that were interested in restarting the distressed cryptocurrency exchange, only three firms, including Bullish, Figure Technologies, and Proof Group, have been chosen.
Custodia Bank Launches Segregated Bitcoin Custody Platform
By Mercy Tukiya Mutanya
November 8th, 2023
The bank provides segregated accounts, which, it asserts, offer better customer protections when compared to the standard omnibus accounts.
Perella Weinberg Partners: FTX Restructuring Process Narrows Down to Three Shortlisted Investors
By Steve Muchoki
November 7th, 2023
Part of the shortlisted investors that want to relaunch FTX includes Proof Group.
UK Government Publishes Regulatory Framework for Crypto Assets and Stablecoins to Prevent FTX 2.0
By Steve Muchoki
November 6th, 2023
Following the collapse of Terra Luna and FTX last year, the UK policymakers have committed to introducing a new regulatory regime for crypto assets and stablecoins to ensure sustainable and secure mainstream adoption.
FTX Seeks Approval to Sell Grayscale and Bitwise Trust Assets Valued at $744M
By Godfrey Benjamin
November 6th, 2023
In addition to utilizing an investment adviser, the debtors have proposed the formation of a pricing committee composed of all stakeholders.
FTX Claim Pricing Jumps by 57% after SBF Convicted of Seven Criminal Charges
By Bhushan Akolkar
November 3rd, 2023
An upswing in a claim’s valuation signals an increase in the anticipated recovery worth. SBF’s inner circle – Caroline Ellison, Gary Wang, and Nishad Singh – might have to pay heavy penalties.
Matrixport Analysts Expect Bitcoin Price to Rally Another 65% to $56K by EOY
By Steve Muchoki
November 3rd, 2023
Having maintained a bullish outlook YTD, Bitcoin price is very likely to continue in the same momentum in the next eight weeks based on historical trends studied by Matrixport.