BITPRISMIA
Key Takeaways: FTX and Alameda Research have unlocked a significant amount of Solana tokens, marking their largest unlock since late 2023. FTX’s unstaking activity coincides with its creditor repayment process, which began on February 18. The ongoing token unlocks could impact market sentiment, with...
Key Takeaways: Sam Bankman-Fried criticized the “politicization” of the FTX case in a new interview with The New York Sun. The FTX founder revealed his politics had shifted further to the right. Speculators think SBF’s newfound right-leaning beliefs may be a way for him to gain clemency. Sam Bankman...
Cross-chain protocol LayerZero has reached a settlement agreement with the bankrupt FTX estate. LayerZero Labs CEO Bryan Pellegrino confirmed the settlement on X, noting that the agreement cost millions in legal fees. Although the full details of the settlement are not yet public, it ends the more t...
Backpack EU will be responsible for distributing court-approved FTX bankruptcy claims to FTX EU customers as part of the acquisition.
FTX debtors have finalized January 3, 2025 as the initial distribution date for its court-approved Chapter 11 Plan of Reorganization just over two years after the Sam Bankman-Fried’s crypto exchange collapsed in November 2022. FTX Debtors To Pay Back Victims Of Doomed Crypto Exchange According to a ...
An analysis of over 3,200 GameFi projects shows 93% have failed, with token prices plummeting by an average of 95%. GameFi, a sector that combines gaming with decentralized finance, has faced a sharp decline after its initial surge during the…
The CFTC relief is mainly against defunct exchanges FTX, Binance and its founder, Changpeng Zhao. Read original article on coincu.com
Billions of dollars in crypto from legal battles with several cryptocurrency companies were seized by the U.S. government, including FTX, and now they have moved it into another wallet. According to Arkham Intelligence data on Dec. 03, the U.S. government moved several…
Alameda Research has sparked concern in the crypto community after transferring large amounts of Polygon (POL) tokens amid a price rally. The beleaguered company transferred another 2 million POL tokens worth $927,000 a few hours ago to a centralized exchange. As Polygon sees upward momentum amid SE...
The former chief technology officer of disgraced crypto exchange FTX is dodging prison time cooperating with the US government. According to a report from Reuters, Wang – a computer programmer who unwittingly wrote the code that allowed former FTX CEO Sam Bankman-Fried to steal billions of dollars f...