Tag: FTX
FTX loses $53K every hour on ‘bankruptcy fees’ — latest filings show
Crypto exchange FTX has been burning through approximately $53,000 every hour over the three months ending Oct….
FTX debtors will assess values of crypto claims based on petition date market prices
The debtors of the now-defunct cryptocurrency exchange FTX have filed the amended Chapter 11 plan of reorganization…
Sam Bankman-Fried’s lawyer says FTX fraud trial was “almost impossible” to win: report
The lawyer responsible for Sam Bankman-Fried’s criminal trial defense has admitted that the case was “almost impossible”…
IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX
A proposed $24 billion tax bill from the United State IRS will likely suck up any “meaningful…
FTX and Alameda move $23.59M in assets to Binance, Coinbase, OKX
In four days, wallets linked to defunct crypto trading firms FTX and Alameda Research moved $23.59 million…
FTX to submit revised reorganization plan in mid-December
The Official Committee of Unsecured Creditors has written a reply to the FTX 2.0 Customer Ad Hoc…
US crypto firms spent more on lobbying in 2023 than before FTX collapse: Report
Companies connected to the crypto and blockchain industry in the United States reportedly spent roughly $3 million…
FTX and Alameda transfers another $22M worth of crypto asset
Blockchain analysis firm Lookonchain reported that cryptocurrency powerhouses FTX and Alameda Research are actively engaged in a…
FTX and Alameda Research cash out $10.8M to Binance, Coinbase, Wintermute
Wallets linked to defunct crypto trading firms FTX and Alameda Research moved $10.8 million to accounts in…
Crypto exchange FTX gets nod to sell $873M of assets to repay creditors
Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust…