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FTX Challenges IRS's $24B Tax Demand, Asserts Zero Liability In Court Filing
Tuesday, December 12, 2023 - 12:38pm | 396Read More...Attorneys for the beleaguered cryptocurrency exchange FTX (CRYPTO: FTT) have contested the Internal Revenue Service's (IRS) claim of owing back taxes amounting to $24 billion, arguing that the IRS should substantiate its claims and clarify how it estimated the back taxes owed. In a filing...
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Bankrupt Bittrex Will Soon Be 'Up And Running' For Crypto Withdrawls, Judge Says
Wednesday, June 14, 2023 - 12:14pm | 421Read More...Bittrex's U.S. subsidiary will enable customer withdrawals this Thursday, per a directive by a Delaware bankruptcy court. The company's attempt to allow customers to regain access to their holdings was met with resistance from the U.S. government. The exchange still owes a substantial...
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Court Proceedings Reveal FTX Being Advised By This Cyber Security Company After $600M Hack In November 2022
Monday, February 6, 2023 - 5:47pm | 374Read More...Cryptocurrency exchange FTX, which was hit by a major hack in November 2022 (estimated at more than $600 million), has sought the help of cybersecurity company Sygnia to secure its environment. John J. Ray III, the new CEO of FTX, revealed the situation during bankruptcy court proceedings...




