October 31st, 2025
FTX (FTT) News - Page 35
Former FTX CEO Sam Bankman-Fried Arrested in Bahamas, May Face US Trial
By Mayowa Adebajo
December 13th, 2022
Sam Bankman-Fried is expected to be extradited to the United States to face trial.
Justin Sun Deposits $100M into Binance, Moves to Allay Market Fears Over Exchange’s Financial Health
By Tolu Ajiboye
December 13th, 2022
Justin Sun has deposited a substantial amount of money back into Binance after the exchange’s outflow rapidly hit $1.8 billion.
SBF Misses Senate Hearing and Gets Arrested in Bahamas
By Steve Muchoki
December 13th, 2022
In a recent interview, SBF indicated that the FTX US entity is fully solvent and does not understand why the current CEO, John Ray, has not granted access.
Arthur Hayes Says Bitcoin (BTC) Bottomed, Gives Reason for His Submission
By Mayowa Adebajo
December 12th, 2022
Former BitMEX CEO says the “irresponsible entities” within the crypto industry have all been completely wiped out.
DOGE Price Slumps as Industry Valuation Slips to $844B
By Godfrey Benjamin
December 12th, 2022
Considering its sensitivity, DOGE is likely to bounce in either direction in tandem with the broader market after the hearing.
Ark Invest Acquires 78,982 Coinbase Shares, Increasing Total Holdings
By Ibukun Ogundare
December 12th, 2022
Ark Invest resumed its Coinbase shares acquisition in October when it added 10,880 shares, pushing the valuation of its then-total holdings to $60.5 million.
Sam Bankman-Fried Wants to Start New Business
By Sanaa Sharma
December 12th, 2022
FTX has more than a million estimated creditors according to the bankruptcy files. The losses suffered by the company are between a range of $10 to $50 billion.
Major NFTs See Sales Surge While ETH Remains Unchanged amid Crypto Winter
By Tolu Ajiboye
December 12th, 2022
Several major NFTs saw a surge in sales and transaction volumes yesterday, with at least one climbing over 1000%.
New Report Shows SBF Wanted to Take Down Crypto Market Before Filing for Bankruptcy Protection
By Steve Muchoki
December 12th, 2022
SBF attempted to depeg the largest stablecoin by daily traded volume, Tether USDT, before filing for bankruptcy protection.
Amber Group Terminates Sponsorship Deal with Chelsea FC, Lays Off 40% Staff
By Tolu Ajiboye
December 9th, 2022
Amber Group has halted its sponsorship deal with Chelsea and is looking to downsize its workforce as the crypto winter bites hard.
Sam Bankman-Fried Dares Senate Committee, Misses Deadline to Respond to Testimony Request
By Mayowa Adebajo
December 9th, 2022
Former FTX CEO Sam Bankman-Fried faces a possible congressional subpoena after failing to respond to a Senate Committee request on the December 8 deadline.
Kevin O’Leary Discloses He Lost His $15M that FTX Paid Him as Spokesman
By Tolu Ajiboye
December 9th, 2022
One of the celebrities commissioned by FTX at the time to act as a spokesman has stated that he lost his $15 million fee.
Marathon Digital Looking to Place Bid for Compute North
By Godfrey Benjamin
December 8th, 2022
Compute North, prior to its bankruptcy, served as the biggest hosting provider that Marathon Digital partnered with.
Coinbase CEO Brian Armstrong Confirms Almost 60% Drop in Revenue in 2022
By Mayowa Adebajo
December 8th, 2022
Coinbase’s annual revenue is currently down by almost 60% from last year’s and is estimated to be around $3.2 billion.
FTX Nearly Signed $100M Deal with Taylor Swift before Crash
By Ibukun Ogundare
December 8th, 2022
The FTX CEO went forward with negotiating with Taylor Swift, and both parties almost closed the deal to pay the celebrity $100 million.