October 29th, 2025
FTX (FTT) News - Page 14
Binance.US Succumbs to SEC’s Plan and Pauses USD Withdrawals in Favor of Stablecoins and Digital Assets
By Steve Muchoki
October 18th, 2023
Binance.US updated its terms of use to inform its customers that the direct withdrawal of USD is unavailable but they can convert to the supported stablecoins or other digital assets to facilitate seamless transfers.
FTX Proposes Returning Up to 90% of Creditor Holdings in Amended Bankruptcy Plan
By Temitope Olatunji
October 17th, 2023
The team overseeing the bankruptcy process has put forward a new plan to distribute the remaining assets to affected creditors. The proposal aims to give creditors back up to 90% of their holdings at the time of FTX’s collapse.
FTX Chief Engineer Reveals Reckless Spending by SBF on Deals and Sponsorships
By Bhushan Akolkar
October 17th, 2023
Former FTX’s head of engineering Nishad Singh spills the beans over reckless expenditure of customers’ funds by Sam Bankman-Fried. He also admits to being part of these crimes.
Former Alameda Research CEO Caroline Ellison Says Sam Bankman-Fried Conspired to Keep Bitcoin Price Below $20K Using Customers’ Funds
By Steve Muchoki
October 12th, 2023
Ellison told the New York court that SBF ordered her to lie about the state of financial statements for Alameda Research to secure more loans against customers’ deposits at FTX.
Regulators in Brazil Accuses Binance of Running Pyramid Scheme
By Bhushan Akolkar
October 11th, 2023
The Congressional Committee of Brazil noted that Binance was running a pyramid scheme and operating while bypassing the regulators. The case is now for the Brazilian police to look after.
Former Alameda Research CEO Says SBF Asked Her to Falsify Figures and Commit Money Laundering Crimes
By Tolu Ajiboye
October 11th, 2023
Ellison, who led Alameda Research, said SBF asked her to commit money laundering and fraud by faking figures submitted to investors.
Crypto Venture Funding Hits Low in Q3 2023
By Godfrey Benjamin
October 9th, 2023
While early-stage crypto companies may still find willing investors, late-stage tech investors have largely exited the space.
DOJ Wants Exclusion of Evidence on SBF’s Investment in Anthropic
By Godfrey Benjamin
October 9th, 2023
The heart of the DOJ’s argument lies in the assertion that evidence regarding the current value of Bankman-Fried’s investments, particularly his stake in Anthropic, is irrelevant to the charges against him.
Hong Kong Officials Warn Investors to Stay Away from Retail Stablecoins since They Are Unregulated
By Steve Muchoki
October 6th, 2023
The Hong Kong Monetary Authority (HKMA) recently completed a public consultation on stablecoins regulations.
Former FTX Co-Founder Gary Wang Exposes SBF’s Shady Dealing with Alameda at Trial
By Chimamanda U. Martha
October 6th, 2023
Wang’s testimony was part of a plea agreement with prosecutors stemming from his guilty plea filed in December 2022.
Hong Kong’s CMCC Global Launches $100M to Support Blockchain Startups
By Chimamanda U. Martha
October 5th, 2023
The launch of the VC fund in Hong Kong highlights the country’s rising role as a crypto haven.
California-Based Resident Sues Binance.US and CZ for Their Role in FTX’s Downfall
By Mayowa Adebajo
October 3rd, 2023
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
By Godfrey Benjamin
October 2nd, 2023
While FTX customers remain optimistic about the future of cryptocurrency, their battle for compensation continues.
Sam Bankman-Fried Mulled Paying Trump $5B to Stand Down from Presidential Race
By Mayowa Adebajo
October 2nd, 2023
Lewis, however, noted that there was no way for SBF to confirm if that number came directly from Donald Trump.
FTX Exploiter Moves $17M in ETH, Ethereum Futures ETFs Prepare for Debut
By Bhushan Akolkar
October 2nd, 2023
Despite this major shuffle by FTX exploiter, Ethereum price has gained to $1,750 levels before the launch of Ethereum futures ETFs.