December 29th, 2025
It is expected that both FTX and Genesis will soon file motions with the bankruptcy courts to seek approval of the deal.
The passage of these proposed legislations marks a pivotal moment for the crypto industry as it seeks a clear and unified regulatory framework.
New York Federal Prosecutor asked Judge Lewis Kaplan to jail former FTX boss SBF for crossing the line after giving journalists personal writings by Caroline Ellison.
Former FTX CEO has been accused of intimidating the witnesses including Caroline Ellison by leaking personal information to the press to influence his trial.
According to the lawyers, there seems to be a deliberate attempt by the media to vilify Sam Bankman-Fried.
The DoJ said that SBF was trying to discredit Ellison, who has already pleaded guilty of the charges and showed willingness to cooperate in the investigation.
Sam Bankman-Fried faces a slew of criminal allegations, including fraud, bribery, and campaign finance offenses.
New FTX CEO John J Ray has stated that Alameda had access to FTX customer assets and could use them for its own purposes without proper oversight.
FTX’s new administration has continued to make significant efforts to reclaim funds the former CEO spent during his time at the firm.
Based on its license, FTX Australia was authorized to deal in, make a market for, and provide general advice on derivatives and foreign exchange contracts.
Bitcoin (BTC), the world’s largest cryptocurrency, reached its highest price since June 2022, touching $31,818 on the Bitstamp exchange.
Temasek adopted a cautious approach and slowed down its investment pace, with a net investment of $3 billion in the 12 months ending March 31.
The Kraken founder is not the first public figure in the crypto industry to be investigated by federal authorities.
The NFL quarterback legend lost nearly $50 million after FTX collapsed following a marketing deal paid in shares and some crypto assets.
A New York Times report states that Taylor Swift approved her FTX deal after 6 months of discussions even though reports stated she never did.