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FTX Exchange

FTX to Auction Off Remaining Solana (SOL) Tokens: Report

by Isaac Wright
FTX to Auction Off Remaining Solana (SOL) Tokens: Report

Bankrupt cryptocurrency exchange FTX is looking to offload its remaining Solana native tokens, SOL, via an auction this week. According to a Bloomberg report, people familiar with the matter said …

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FTT Soared 15% After SBF Appealed Fraud Conviction and 25-Year Sentencing

by Isaac Wright
FTT Soared 15% After SBF Appealed Fraud Conviction and 25-Year Sentencing

Sam Bankman-Fried, founder of FTX, has filed an appeal against his conviction and sentence for fraud and conspiracy charges hours before the the deadline to do so. Bankman-Fried’s move comes …

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Voyager Digital Secures $484 Million from FTX and 3AC Settlements

by Isaac Wright
Voyager Digital Secures 4 Million from FTX and 3AC Settlements

Voyager Digital has announced the recovery of $484.35 million from settlements with FTX, Three Arrows Capital (3AC), and Directors and Officers (D&O) insurance. The announcement was part of a status …

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FTX Gets Two Dozen Buyers to Sell Majority of its Stake in Anthropic for $884 Million

by Isaac Wright
FTX to Auction Off Remaining Solana (SOL) Tokens: Report

FTX is looking to sell a majority of its shares in artificial intelligence startup Anthropic to over 20 buyers, including an Abu Dhabi investment company and Jane Street Global. The …

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FTX CEO Criticizes SBF’s Bold Claim of ‘Zero’ Harm to Customers as ‘Reckless’ and ‘False’

by Isaac Wright
FTX CEO Criticizes SBF’s Bold Claim of ‘Zero’ Harm to Customers as ‘Reckless’ and ‘False’

The current CEO of FTX, John Ray, has disputed the former CEO Sam Bank Fried’s assertion that there was “zero” harm to customers during the platform’s collapse in 2022, labeling …

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SBF’s Lawyers Fire Back Against DOJ’s Harsh Sentencing Bid of 40-50 Years

by Isaac Wright
FTT Soared 15% After SBF Appealed Fraud Conviction and 25-Year Sentencing

In its letter to District Judge Lewis Kaplan on Tuesday, the legal team behind the disgraced FTX founder Sam Bankman-Fried has contested the sentencing recommendation put forth by the Department …

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Pantera Capital Eyes $250 Million Opportunity with FTX Estate for SOL: Report

by Isaac Wright
Pantera Capital Eyes 0 Million Opportunity with FTX Estate for SOL: Report

Pantera Capital is reportedly in the process of securing funds from major investors to acquire heavily discounted Solana tokens from the bankruptcy estate of FTX. The company is raising capital …

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FTX, Alameda Settle with BlockFi, Set to Pay $874 Million

by Isaac Wright
FTX, Alameda Settle with BlockFi, Set to Pay 4 Million

Bankrupt firms BlockFi and FTX have announced an agreement “in principle” to settle their disputes. According to a March 6 court filing, FTX has committed to paying up to $874.5 …

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Here’s the Deadline Date for FTX Creditor Claims

by Isaac Wright
Here’s the Deadline Date for FTX Creditor Claims

The official liquidator of FTX has instructed creditors to file electronic claims by May 15, 2024. The claims portal managed by PricewaterhouseCoopers (PwC) anticipates commencing its initial distribution either in …

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FTX to Sell Off Digital Custody at a Very Steep Markdown

by Isaac Wright
FTX to Sell Off Digital Custody at a Very Steep Markdown

After entertaining the possibility of restarting FTX following the bankruptcy process for a long time, lawyers for the defunct exchange have announced that that plan is now scrapped, and the …

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