News with the tag "FTX news"

Sam Bankman-Fried slammed the US regulators and Biden administration. SBF termed SEC’s approach to crypto under former Chair Gary Gensler as a “nightmare.” SBF accepted that he made donations to Republicans secretly as well. Disgraced FTX founder Sam Bankman-Fried, now serving a 25-year sentence for...

FTX/Alameda unstaked 3M SOL, contributing to market volatility and price fluctuations. Solana’s price dropped 19.46%, signaling waning investor confidence amid market downturn. Solana’s Fully Diluted Valuation remains high, suggesting long-term recovery potential. FTX/Alameda Research performed the ...

SBF’s donations allegedly secured regulatory access while FTX operated fraudulently. Coinbase seeks SEC transparency on crypto enforcement spending under Gensler. Calls grow for an investigation into SEC favoritism and SBF’s political ties. The FTX collapse continues to fuel serious questions about ...

SBF denies FTX bankruptcy, calling it a liquidity crisis that hindered fund access. Bankman-Fried criticizes the legal system and political struggles affecting his trial. Despite financial loss, SBF focuses on effective altruism and supports global causes. Sam Bankman-Fried (SBF), the former head of...

FTX will begin $16 billion in creditor repayments on February 18th. The repayments will be based on values from November 2022. FTX Token (FTT) soared a massive 8.4% in the past 24 hours. Nearly two years since its collapse in November 2022, the now-defunct crypto exchange FTX will begin its much-awa...

FTX’s repayment plan starts February 18, 2025, for creditors under $50k. Bitcoin’s rise means creditors missed out on significant gains since 2022. BitGo partners with FTX to ensure a secure, error-free fund distribution process. Failed cryptocurrency exchange FTX says it will pay back some creditor...

Bankman-Fried’s parents seek clemency from Trump, holding meetings with legal figures in his orbit. White House declines to comment on pardon outreach. FTX estate settles with LayerZero after prolonged legal battles. Jailed FTX founder Sam Bankman-Fried, is now seeking clemency from President Donald...

FTX creditors in certain countries, including Egypt and Russia, can’t receive payouts yet. The first round of FTX payouts is expected in March 2025, with smaller claims prioritized. Creditors must complete KYC and tax forms by January 20, 2025, to receive the first payments. Many FTX creditors face ...

FTX/Alameda redeems and transfers millions of SOL tokens regularly. Over 4.4 million SOL redeemed since November 2024, worth $516.88 million. FTX/Alameda’s staking address holds over 6.7 million SOL, valued at $1.43B. FTX/Alameda continues to redeem and transfer large amounts of Solana (SOL) from it...

Kraken has started notifying customers about the distribution of FTX claims. BitGo is expected to commence a similar process soon. Claims below $50,000 will be processed by March 3, 2025. Kraken has officially commenced the distribution process for claims related to the collapsed cryptocurrency exch...