Tag: FTX

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FTX Sets Early 2025 Timeline For Customer Distributions & FTT Token Surges 30%

Collapsed crypto exchange FTX and its affiliated debtors have announced significant progress in their Chapter 11 Plan of Reorganization. The company is finalizing the...

FTX and Alameda Top Executives Slapped with 34.5 Years in Prison for Crypto Fraud

In a significant development in the FTX saga, the key executives involved in the alleged fraud have been sentenced to substantial prison terms.  According to...

FTX Files 23 Fresh Lawsuits Against Binance, SkyBridge, Crypto.com To Recover Funds

FTX's bankruptcy estate has launched an aggressive legal campaign, filing 23 new lawsuits against prominent entities in the cryptocurrency and financial sectors.  This sweeping legal...

Apple Studios & A24 To Produce A Film On The Fall Of FTX & Its Founder Sam Bankman-Fried

Apple Studios, in collaboration with A24 and based on Michael Lewis’ bestseller Going Infinite, is taking viewers into the meteoric rise and spectacular fall...

FTX Files Lawsuit Against Binance and Changpeng Zhao Over $1.8B Fraudulent Transfer

In a surprising turn of events, FTX has taken Binance and its former CEO to court for alleged fraudulent transfer of money. According to Bloomberg,...

FTX’s Alameda Seeks $90M Recovery From Waves Founder In Latest Lawsuit

Alameda Research, operating as the trading arm of the bankrupt cryptocurrency exchange FTX, has initiated significant legal proceedings against Aleksandr Ivanov, the founder of...

FTX’s Indian Origin Deputy Nishad Singh to Be Sentenced Over Crypto Fraud

FTX's Indian origin ex-deputy Nishad Singh is set to be sentenced on Wednesday, October 30th. According to a report by Reuters, the sentencing comes...

DOJ Seeks Leniency For Ex-FTX Exec Nishad Singh Over “Substantial” Cooperation

The U.S. Department of Justice has taken a significant step in the FTX case by requesting leniency for former executive Nishad Singh, citing his...

Former Indian-Origin FTX Engineering Chief Seeks Leniency Ahead Of Sentencing

Nishad Singh, the former engineering chief of the now-defunct cryptocurrency exchange FTX, is seeking leniency from a Manhattan federal judge ahead of his sentencing....

FTX/Alameda Wallet Redeems SOL Worth $28 Mln, Huge Amounts Still Left In Staking

A cryptocurrency wallet purportedly associated with Alameda Research and the bankrupt crypto exchange FTX has redeemed 178,631 SOL worth $28 million on October 15th....

FTX Token Plummets 10% as Repayment Plan Triggers Mass Selloff

The FTX Token (FTT) price has dropped by a whopping 10%. This big fall comes right after the token's value had shot up over...

FTX Gets Court Approval To Repay Customers, Potential $1 Billion Gain For Shareholders

Cryptocurrency exchange FTX has won approval to fully repay customers whose digital assets were locked on the platform when it collapsed nearly two years...