July 11th, 2025
FTX (FTT) News - Page 36
Celsius Network Secures Approval for Extension of Its Exclusive Period
By Godfrey Benjamin
December 6th, 2022
The company now intends to use the extended time to keep strategizing on how to put this entire menace behind it.
Sam Bankman-Fried Says New FTX CEO John Ray’s Testimony Is False
By Tolu Ajiboye
December 6th, 2022
Embattled former CEO SBF recently stated that John Ray’s testimony on FTX and its operational affairs is false.
Crypto.com Partners with Coca-Cola to Launch World Cup NFTs as CRO Token Surges 10%
By Mayowa Adebajo
December 6th, 2022
Player “heatmaps” from the ongoing FIFA World Cup 2022 Matches will be used to create 10,000 NFTs that will be hosted on Crypto.com’s blockchain.
Goldman Sachs Ready to Inject Millions to Invest in Crypto Firms
By Godfrey Benjamin
December 6th, 2022
Despite the already dampened sentiments that were compounded by FTX, McDermott said Goldman Sachs sees long-term potential in the industry because of its underlying technology.
USDC Issuer Circle Scraps Its SPAC Deal and Plans to Go Public
By Bhushan Akolkar
December 6th, 2022
Amid the current crypto winter and overall bearish sentiment, stablecoin issuer Circle decided not to pursue any further SPAC merge plans for going public.
Former FTX CEO May Have Influenced Alameda Research to Invest $1.15B in Mining Firm Genesis Digital
By Mayowa Adebajo
December 5th, 2022
Alameda consulted troubled entrepreneur Sam Bankman-Fried before investing in Genesis Digital.
Elon Musk Opines that SBF Made Donations Up to $1B to Democrats
By Godfrey Benjamin
December 5th, 2022
In his latest “Apology Tour” in which he appeared at the New York Times Dealbook Summit, SBF portrayed himself as a victim rather than a mastermind of all that happened at the trading platform.
Coinbase CEO Says FTX Clearly Stole User Funds, Rejects Claims of Accounting Error
By Bhushan Akolkar
December 5th, 2022
Coinbase chief slammed crypto exchange FTX over their excuses for an accounting error. Brian Armstrong said that FTX clearly stole customers’ money by moving funds to Alameda Research.
Crypto Lending Platform Genesis Global Owes $900 Million to Gemini Clients
By Bhushan Akolkar
December 5th, 2022
Gemini has formed a creditor’s committee to recoup the funds from crypto lender Genesis and its parent company Digital Currency Group (DCG).
Potential LedgerX Sale Attracts Interest from Crypto Bigwigs
By Babafemi Adebajo
December 5th, 2022
LedgerX may be the golden horse that gives FTX creditors hope of recovering some of their funds.
Bybit Downsizes Again as Crypto Bear Market Deepens
By Babafemi Adebajo
December 5th, 2022
Bybit isn’t the only firm reducing its staff strength to cope with the current bearish market conditions.
Sam Bankman-Fried Claims He Did Not Devote Time to Risk Management at FTX
By Tolu Ajiboye
December 2nd, 2022
Embattled ex-FTX CEO Sam Bankman-Fried reflects on his ‘costly’ apathy for risk management during his time with the exchange.
Sam Bankman-Fried Was in Close Talks with CFTC for 14 Months before FTX Collapse
By Bhushan Akolkar
December 2nd, 2022
The CFTC chair accepted that he had conducted nearly 12 meetings with SBF in the last 14 months before bankruptcy. SBF was looking to secure a clearinghouse license for FTX subsidiary LedgerX.
Crypto Billionaire Mike Novogratz Wants FTX Founder to Be Jailed
By Bhushan Akolkar
December 2nd, 2022
Mike Novogratz said that the FTX founder was “delusional” about his culpability in the crypto exchange’s collapse. He further added that crypto firms should never lend out customers’ funds without taking their permission.
Bitcoin Price Could Drop to $10K in 2023, Veteran Investor Mark Mobius Forecasts
By Steve Muchoki
December 2nd, 2022
Bitcoin prices exchanged around $16,900 during the Asian trading session, up approximately 2.4 percent in the past seven days.