News with the tag "ftx crash"

Sam Bankman Fried is among the most disgraced figures in the crypto world. He rose from nothing to a multi-billionaire and founder of the biggest cryptocurrency exchange but lost this stardom after gaining 25 years of imprisonment due to his role in the FTX crash. However, with a life behind bars, h...

After nearly three years of uncertainty, FTX, once a dominant player in the cryptocurrency exchange arena, is set to initiate the repayment process for its Bahamas-based creditors on February 18. This long-awaited move comes in the wake of the exchange’s filing for bankruptcy in November 2022, follo...

In a significant acknowledgment of the growing influence of the cryptocurrency market and its flagship asset, Bitcoin (BTC), Michael Saylor, co-founder of MicroStrategy, graces the cover of Forbes Magazine. The feature article, released today, chronicles Saylor’s journey toward building what some ar...

Data shows the Bitcoin Coinbase Premium Index has witnessed a plunge to two-year lows recently. Here’s what this could mean for BTC’s price. Bitcoin Coinbase Premium Index Has Plummeted Over The Past Month As explained by an analyst in a CryptoQuant Quicktake post, the BTC Coinbase Premium Index has...

FTX founder Sam Bankman Fried is facing 25 years of imprisonment for his role in the FTX crash. However, his legal team is constantly working on reducing the sentence, which is why the upcoming bankruptcy proceedings in January 2025 are crucial. However, rumors are circulating about Sam getting Joe ...

The FTX collapse happened two years ago but is still a haunting memory for most crypto investors, especially the victims who lost their crypto holdings. However, with the lead elements behind the collapse facing the consequences, things were getting back in line, and as a result, the FTX token price...

The biggest crypto exchange collapse, the FTX crash, is again in the limelight, as a Sam Bankman-Fried biopic is in the making. After the launch of the Sam-inspired book ‘Going Infinite: The Rise and Fall of a New Tycoon,’ right after the collapse, a book adaptation is in process to bring the writin...

The US Securities and Exchange Commission (SEC) has settled with audit firm Prager Metis, which has agreed to pay $1.95 million to resolve misconduct allegations related to its audits of the now-defunct cryptocurrency exchange FTX. $745,000 Over FTX Audit Failures On Tuesday, the SEC announced that ...

On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) ratio has observed a plunge alongside the latest price crash. Bitcoin 30-Day MVRV Ratio Is Now At Lowest Levels Since FTX Collapse As explained by analyst Ali Martinez in a new post on X, the 30-day MVRV ratio has just gone throug...

In the wake of the collapse of FTX, the once prominent crypto exchange led by Sam Bankman-Fried, the luxurious real estate holdings acquired by the company will be put up for sale. According to a Bloomberg report, the liquidators overseeing FTX’s assets are preparing to sell off the properties acqui...