October 29th, 2025
FTX (FTT) News - Page 9
Bankrupt Crypto Lender Genesis Global Seeks Approval to Sell $1.6B of Trust Assets
By Steve Muchoki
February 5th, 2024
The motion to liquidate Genesis assets at Grayscale Investment has been supported by Gemini that is seeking to repay the affected Earn Program customers.
US Prosecutors Charge Trio with Wire Fraud and Identity Theft in $400M FTX Hack
By Tolu Ajiboye
February 2nd, 2024
The US government is finally resolving the FTX hack as it files charge against three people involve in the phone swap hack.
ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%, Up from 0.5% in 2015
By Steve Muchoki
February 1st, 2024
Cathie Wood-led Ark Invest believes Bitcoin price will rally exponentially in the confirmed bull cycle as more investable global assets amounting to $250 trillion proliferate to the digital asset class.
Crypto Exchange FTX Won’t Reopen despite Repayment Goal
By Temitope Olatunji
February 1st, 2024
Although the road ahead appears difficult for FTX customers seeking reimbursement, the exchange assures them that asset liquidation will eventually make them whole.
FTX Cash Reserve Doubles to $4.4B as Company Strives to Repay Customers
By Godfrey Benjamin
January 29th, 2024
Despite the positive developments, FTX has acknowledged that it does not anticipate fully repaying all customers.
Tesla Q4 2023 Earning Report Shows No Sales or Purchases of Bitcoin
By Godfrey Benjamin
January 25th, 2024
Tesla’s involvement with Bitcoin began in February 2021 when the company announced a $1.5 billion investment in the popular digital asset.
Crypto Firm XBTO Loses Headline Sponsorship of Lionel Messi’s Inter Miami CF Jerseys
By Mayowa Adebajo
January 25th, 2024
XBTO’s recent situation is one such case where it seems that crypto sponsorship in sports is fast losing the love and popularity it once enjoyed.
Grayscale’s GBTC Sees $640M Outflow in One Day amid ETF Bear Market
By Godfrey Benjamin
January 23rd, 2024
The approval of spot Bitcoin ETFs was anticipated to be a positive catalyst for Bitcoin’s price. However, the reality has been starkly different, with Bitcoin experiencing a decline.
Bitcoin Price Falls Below $40,000 as Grayscale’s ETF Continues Recording Outflows
By Tolu Ajiboye
January 23rd, 2024
Bitcoin has fallen below $40k despite the SEC’s approval of spot ETFs, with the Grayscale ETF losing more than $2 billion since then.
Solana Price Falls Below $95 as YouTuber Predicts $750 for SOL This Year
By Julia Sakovich
January 19th, 2024
Solana, like many tokens, saw a price dip in the aftermath of the FTX collapse and the crypto winter but seems to be on the road to recovery.
EU Reaches Preliminary Deal on Stricter Cryptocurrency Regulations
By Temitope Olatunji
January 18th, 2024
If formally adopted, these uniform rules will strengthen cooperation among EU member states in combating financial crime.
FTX Founder’s Parents Deny Lawsuit Allegations amid Scrutiny over Son’s Actions
By Bhushan Akolkar
January 17th, 2024
Sam Bankman-Fried’s parents have denied accusations suggesting they knowingly benefited from their son’s actions.
Core Scientific Exits Bankruptcy, Set to Begin Restructuring
By Mayowa Adebajo
January 17th, 2024
The restructuring plan will allow Core Scientific to cut $400 million in debt by equitizing the said amount in secured and unsecured claims.
Celsius CEO Requests to Drop Two Charges Linked to Fraud and Manipulation
By Bhushan Akolkar
January 16th, 2024
The court filing contends that the government’s handling of cryptocurrencies creates an inconsistency and contradiction between the second count of commodities fraud and the first count of securities fraud.
FTX to Auction Off Bankman-Fried’s $40M Penthouse as Bahamas Assets Liquidated
By Temitope Olatunji
January 11th, 2024
The bankruptcy estate intends to sell these assets in order to increase the capital available for distribution to FTX account holders and creditors.