Tag : FTX

Cryptocurrency

FTX and Alameda Research Execute $10M Token Transfers Amidst Speculation and Uncertainty

Melodie Denning
FTX and Alameda Research execute token transfers exceeding $10 million, sparking intrigue within the crypto community. Ongoing Speculation: Amidst FTX’s bankruptcy and rebranding rumors, significant...
Cryptocurrency

Bitcoin, Ether Share Bearish Outlook Despite Widespread Meltdown After FTX Collapse

Melodie Denning
Bitcoin prices quickly recovered and rose back above the $16,000 (roughly Rs. 13 lakh) level after trading platform Genesis downplayed a rumour that it might...
Cryptocurrency

FTX Bankruptcy Hearing: Sam Bankman-Fried Ran Crypto Firm as ‘Personal Fiefdom’, Assets Missing, Attorneys Say

Melodie Denning
FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in its first bankruptcy hearing as...
Cryptocurrency

Crypto exchanges, Hardik Pandya and IPL, auto stocks

Melodie Denning
Exactly a year after FTX’s collapse, another pillar of the crypto sector is shaking. While the FTX’s Sam Bankman Fried is behind bars, former...
Cryptocurrency

FTX Bankruptcy: US Prosecutors Began Probing Crypto Exchange Months Before Collapse: Report

Melodie Denning
FTX was on the radar of federal prosecutors in Manhattan months before the collapse of the crypto exchange, Bloomberg News reported on Monday citing people...
Cryptocurrency

Sam Bankman-Fried Cashed Out $300 Million During FTX’s Fundraise in October 2021

Melodie Denning
FTX founder and former CEO Sam Bankman-Fried (SBF) quietly cashed out $300 million (roughly Rs. 2,430 crore) in personal stakes after a $420 million (roughly...
Cryptocurrency

FTX Owes Close to $3.1 Billion to Its Top 50 Creditors, Reveals Court Filing

Melodie Denning
Embattled cryptocurrency exchange FTX owes more than $3 billion (roughly Rs. 18,346 crore) to its top 50 creditors. A filing from its Chapter 11 bankruptcy...
Cryptocurrency

FTX Launches Strategic Review, Seeks Court Relief to Pay Critical Vendors

Melodie Denning
Collapsed crypto exchange FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganisation...

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