FTX News
RFK Jr. Alleges Corruption in Dropping 6 Charges Against SBF
United States presidential candidate Robert F. Kennedy Jr. has weighed in and expressed shock at the US governments recent decision to drop ...
Decrypt’s 2023 Story of the Year: The War on Crypto
After years of mostly unkind words for the crypto industry, 2023 was the year that U.S. regulators took out the sticks and stones. Following...
US Court Rejects SBF’s Plea to Extend Sentence Hearing
A request by Sam Bankman-Fried (SBF), the disgraced founder of FTX, to postpone his sentencing date in the United States by four to six week...
Galaxy Digital Eyes Assets From Crypto Fire Sales
Crypto financial services firm Galaxy Digital seeks to boost its balance sheet with assets from distressed crypto companies. Its new focus c...
FTX Bankruptcy Blueprint Sets Stage for Creditor Repayment Phase
FTX Trading Ltd. has nearly completed its journey through bankruptcy. It recently revealed a proposal aimed at returning billions to its cus...
FTX debtors will assess values of crypto claims based on petition date market prices
The debtors of the now-defunct cryptocurrency exchange FTX have filed the amended Chapter 11 plan of reorganization which indicates the valu...
Which world leaders have made big promises on crypto?
Few world leaders have been openly supportive of digital assets while in office or while they were campaigning. Though the technology is rel...
IRS Demanding $24,000,000,000 From FTX Would Take Money Away Collapse Victims, Lawyers Say: Report
FTX’s lawyers are pushing back against the U.S. Internal Revenue Service’s (IRS) efforts to claim billions of dollars in unpaid taxes fr...
IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX
A proposed $24 billion tax bill from the United State IRS will likely suck up any “meaningful recovery” that was meant for victims of FT...
FTX and Alameda move $23.59M in assets to Binance, Coinbase, OKX
In four days, wallets linked to defunct crypto trading firms FTX and Alameda Research moved $23.59 million worth of digital assets to top cr...
Analyst Says Ethereum Rival Solana Primed To Go ‘Much Much Higher’ – But There’s a Catch
A closely followed crypto analyst says that Ethereum (ETH) rival Solana (SOL) is gearing up to continue its rally to the upside. Pseudonymou...
FTX to submit revised reorganization plan in mid-December
The Official Committee of Unsecured Creditors has written a reply to the FTX 2.0 Customer Ad Hoc Committee, providing insights into the deta...