After a lenghty and demanding process following its dramatic collapse, the FTX repayments will be starting today with $16B in total to …
FTX
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Markets
Tether's Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In
by shayaanby shayaanTether’s USDT, the world’s leading dollar-pegged stablecoin, has experienced the sharpest weekly decline in market value in two years, spurring market volatility …
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Regulation
Celsius Network appeals $2B disparagement claim rejection against FTX
by shayaanby shayaanCelsius Network filed a notice of appeal on Dec. 31, contesting Judge John Dorsey’s decision to disallow the bankrupt crypto lender’s $2 …
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Regulation
Release Date for Incarcerated Former FTX Exec Ryan Salame Moved Up by a Year
by shayaanby shayaanIncarcerated former FTX executive Ryan Salame appears to have already slashed a year off his prison sentence. Data from the U.S. Federal …
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Today’s news that FTX co-founder Gary Wang has been sentenced to time served and supervised release for his role in the multi-billion …
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Former top FTX executive Gary Wang was sentenced to time served with three years of supervised release Wednesday for his role in …
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Regulation
Former FTX Executive Gary Wang Avoids Prison Time After Building Crypto Surveillance Tools for Government: Report
by shayaanby shayaanThe former chief technology officer of disgraced crypto exchange FTX is dodging prison time by cooperating with the US government. According to …
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DeFi
Coinbase’s cbBTC Launches on Solana DeFi, Targeting Bitcoin Gap Left by FTX
by shayaanby shayaanNearly two years after FTX’s collapse impacted Solana’s decentralized finance (DeFi) sector, Coinbase is attempting to reintroduce bitcoin-based trading to the Solana …
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Regulation
FTX Ramps Up Legal Actions With 20 Lawsuits Targeting Political Donations and Fraud
by shayaanby shayaanOn November 8, the administrator overseeing FTX’s bankruptcy filed more than 20 new lawsuits, ramping up legal actions against several entities. These …
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Regulation
FTX Sues Binance and Changpeng Zhao for $1,800,000,000 Over ‘Fraudulent’ Transfers From SBF: Report
by shayaanby shayaanBankrupt crypto exchange FTX is reportedly suing Binance and its former CEO Changpeng Zhao over alleged fraudulent transfers initiated by Sam Bankman-Fried. …