Tag: FTX

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Posted in Crypto Update

FTX suspends user accounts amid Kroll cyber breach concerns

Following the recent Kroll cybersecurity breach, FTX Derivatives Exchange, a financially distressed cryptocurrency trading company, has opted…

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Posted in Crypto Update

FTX crypto exchange reports data breach involving claims agent Kroll

Defunct crypto exchange FTX has announced a cybersecurity breach involving its bankruptcy case claims agent, Kroll, in…

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Posted in Crypto Update

Is this exchange the next FTX?

The blockchain industry has been revolutionary, to say the least. In the last three years, the crypto…

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Posted in Crypto Update

FTX files motion for Galaxy Digital to manage recovered crypto holdings

The company filed a motion with the District of Delaware Bankruptcy Court on Aug. 24 seeking authorization…

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Posted in Crypto Update

Sam Bankman-Fried’s lawyers argue previous FTX legal team led him to act ‘in good faith’

Lawyers currently representing Sam Bankman-Fried, or SBF, for his criminal case in the United States plan to…

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Posted in Crypto Update

BlockFi argues FTX, Three Arrows Capital isn’t entitled to repayments

Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the similarly bankrupt FTX and Three Arrows…

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Posted in Crypto Update

Mantle pauses token migration to stop FTX from converting $43M in BIT tokens to MNT

A community member started a discussion among participants in the Mantle decentralized autonomous organization (DAO), proposing to…

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Posted in Crypto Update

FTX seeks $175M settlement with Genesis entities to resolve dispute

FTX, the troubled cryptocurrency exchange, and its CEO John J. Ray III have filed a motion seeking…

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Posted in Crypto Update

SBF jailed, FTX partners under attack: Law Decoded

The FTX affair continues to unravel. Sam Bankman-Fried, the former CEO of the failed crypto exchange, will…

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Posted in Crypto Update

FTX debtors and UCC clash over asset control in restructuring

FTX debtors led by chief restructuring officer John J. Ray III have expressed disapproval of traders and…