October 31st, 2025
FTX (FTT) News - Page 28
FTX’s New Management Requests FTX Turkey Removal from Bankruptcy Case
By Ibukun Ogundare
January 30th, 2023
A few days after FTX filed bankruptcy in the US, law enforcement in Turkey launched a probe into the exchange’s activities.
Disgraced FTX Founder Sam Bankman-Fried Seeks to Access Exchange’s Funds
By Bhushan Akolkar
January 30th, 2023
SBF’s defense lawyer noted that there’s no evidence of his client’s involvement with the transfer of funds between FTX and FTX US. Thus, the lawyer demanded that SBF be given access to FTX’s funds.
Leaked Bids on Celsius Network’s Assets by Binance, Galaxy Digital
By Sanaa Sharma
January 27th, 2023
The blog explained that Binance offered a bid of $15 million for the assets, noting that $12 million would be deposited to Celsius estate and $3 million to be disbursed to relocated customers on a pro-rata basis.
Sam Bankman-Fried’s Parents Aren’t Cooperating Enough in FTX Probe, Says Lawyer
By Bhushan Akolkar
January 27th, 2023
The attorneys said that FTX’s family members haven’t cooperated with requests of questioning regarding the use of funds at the exchange.
Crypto Market on Edge of Another Downturn, Metadoro Analysts Believe
By Julia Sakovich
January 27th, 2023
The overall positive expectations of the global economy, including the widely praised reopening of China’s economy, may provide a positive boost to the markets as energy prices are slowing down worldwide.
Apple, Netflix, Meta, and Many Others Caught Up in FTX Saga
By Mayowa Adebajo
January 26th, 2023
The firm’s creditors range from tech companies to hoteliers, airlines, and even government-owned entities in the US and foreign countries.
Luno Announces Employees Layoff amid Market Tumult
By Ibukun Ogundare
January 26th, 2023
Luno will be discarding 330 people out of about 960 employees.
New York Court Denies 3 Celsius Users’ Motion to Reclaim Assets
By Mayowa Adebajo
January 26th, 2023
Claimants argue that Celsius bever mentioned anything about transferring ownership and control of assets to debtors.
BlockFi Wants Court to Approve Employees Bonuses to Avoid Talent Drain to Other Companies
By Steve Muchoki
January 24th, 2023
However, the court has objected to the BlockFi request noting that every penny used to pay employees denies the creditors their right to be reimbursed.
Genesis Bankruptcy Case Scheduled for First Hearing on January 23rd
By Tolu Ajiboye
January 23rd, 2023
The bankruptcy hearing for embattled crypto lender Genesis commences today at a New York Southern District court.
US Regulator Seize $700M Worth of Assets Linked to FTX and SBF
By Bhushan Akolkar
January 23rd, 2023
A majority part of the seized assets include 55.3 million shares of Robinhood with its current worth of around $526 million.
Crypto Lender Nexo Charged by SEC Over Unregistered Security Sales, Will Pay $45M in Fines
By Tolu Ajiboye
January 20th, 2023
In addition to paying fines, Nexo will reportedly cease its unregistered lending product to all US investors.
Cameron Winklevoss Threatens Lawsuit after Genesis Filed for Bankruptcy
By Godfrey Benjamin
January 20th, 2023
Winklevoss said this move will afford the firm to recoup its funds as the Barry Silbert-led DCG has continued to refuse to offer its creditors a fair deal.
Cardano Co-Founder Hoskinson Considering Acquiring CoinDesk
By Sanaa Sharma
January 20th, 2023
Hoskinson predicted that the purchase would cost him around two hundred million USD and that he will examine the financial details before taking concrete action.
FTX New CEO Plans to Reboot Distressed Exchange, FTT Climbs 32%
By Ibukun Ogundare
January 20th, 2023
In reaction to the relieving comment by the new FTX boss to reboot the exchange, the FTT token jumped 32% to $2.37.