December 29th, 2025
FTX (FTT) News - Page 8
FTX Victims Decry SBF’s Role, Call for Justice as SBF Faces Sentencing
By Bena Ilyas
March 20th, 2024
FTX victims’ testimonies reveal the grim aftermath of FTX collapse, fueling calls for justice as 50-year sentencing looms for Sam Bankman-Fried.
Disturbing Portrayal: Sam Bankman-Fried’s Defense against 50-Year Imprisonment
By Temitope Olatunji
March 20th, 2024
They assert that if the government truly believes in his potential for rehabilitation, a significant reduction to 63–78 months from the suggested guidelines is fair enough.
Galaxy Asset Management Reaches $10B AUM Milestone
By Temitope Olatunji
March 19th, 2024
The company revealed in a blog post that, as of February 29, 2024, GAM was managing a staggering $10.1 billion in assets, marking a substantial 24.8% increase compared to the previous month.
Iconic Photo of Dogwifhat Meme Coin Nets $4.3M in NFT Auction
By Chimamanda U. Martha
March 18th, 2024
The auction started on Friday and saw a fierce bidding war between two prominent bidders, Memeland, a crypto project, and GiganticRebirth, known within the crypto community as GCR.
Attestor’s Lucrative FTX Claim Sparks Bitter Legal Battle Over 200% Windfall
By Bena Ilyas
March 18th, 2024
The situation with Attestor underscores the intrinsic risks involved in this emerging field of distressed investing in digital assets.
FTX and Alameda Research Transactions May Have Caused Ethereum Price Drop
By staff writer
March 15th, 2024
A closer examination of past instances reveals a pattern: whenever FTX and Alameda Research executed similar large-volume transfers of Ether tokens, Ethereum price experienced a notable correction.
Popular Canadian Rapper Drake Advertises Bitcoin on His Instagram Page with Over 146M Followers
By Steve Muchoki
March 13th, 2024
Bitcoin price has rallied to a new all-time high above $73K, with about five weeks to the fourth halving, thus indicating heightened demand from institutional investors.
Crypto Exchange Backpack Raises $17M in Series A Funding
By Mayowa Adebajo
February 29th, 2024
Backpack joins the ranks of many startups that have sprung up since the FTX exchange collapsed.
Sam Bankman-Fried Asks Court for 6.5 Years Prison Sentence
By Chimamanda U. Martha
February 28th, 2024
The defense team presented several letters from Bankman-Fried’s friends and family, all advocating for a lenient sentence.
FTX Bags Court Approval to Sell Anthropic Stake amid Bankruptcy Proceedings
By Godfrey Benjamin
February 23rd, 2024
As FTX navigates the intricacies of bankruptcy proceedings and asset liquidation, stakeholders remain hopeful for a fair resolution that prioritizes the interests of creditors and customers.
BNB Coin Eyes Surge to $400 Leaving behind Legal Troubles of SEC Lawsuit
By Bhushan Akolkar
February 23rd, 2024
The airdrop activity on the BNB Chain and the daily active users crossing 1.2 million proved as a catalyst for the BNB price rally to $400.
BONK Price Shoots 13% as Solana-Based Memecoin Lists on Fintech Platform Revolut
By Bhushan Akolkar
February 15th, 2024
BONK’s governing council has passed Revolut’s “Learn and Earn” campaign initiative. The memecoin plans to leverage Revolut’s market presence to expand its user base globally.
Digital Currency Group Reports $210M in Q4 2023 Revenue as Valuation Tops $4.4B
By Steve Muchoki
February 13th, 2024
Digital Currency Group repaid more than $1 billion in debt during Q4 2023 as the litigation between DCG’s Genesis and the Gemini crypto exchange continues.
Voyager Digital Investors Sue NBA for Promoting the Failed Crypto Lender
By Mercy Tukiya Mutanya
February 8th, 2024
The lawsuit also names Voyager Digital’s law firm McCarter & English. It is alleged that the firm played on its credibility to issue a bogus “legal opinion” that Voyager’s native utility token Voyager Token (VGX) was not an unregistered security.
US Judge Approves Confidential Settlement between BlockFi and 3AC
By Chimamanda U. Martha
February 7th, 2024
With the settlement now approved, BlockFi can proceed with the distribution of assets from the lending estate to its creditors, the primary reason for seeking expedited approval.