FTX

In the latest episode of Last Week Tonight, host John Oliver talked about cryptocurrencies for the second time. The British-American comedian is known for digging deep into obscure topics that mainstream media avoids. John Oliver detailed the collapses of FTX, Celsius and Terra that occurred last...

Anthony Scaramucci, founder and managing partner of Skybridge Capital, shared his skepticism about the potential revival of FTX. What Happened: During an interview on The Block’s The Scoop podcast with Frank Chaparro, Scaramucci, who once served as the White House communications director for...

BitBoy is due in court tomorrow. He probably won't show up.  Things are so nasty between "BitBoy Crypto" YouTuber Ben Armstrong and the class action lawyer suing him that Armstrong is due in court on Thursday to answer for his alleged bad behavior.  But Armstrong is on a...

Venture capital firm Tribe Capital is considering whether to aid in the revival of the now-defunct cryptocurrency exchange FTX (CRYPTO: FTT), in which it previously invested. What Happened: In January, Tribe Capital co-founder Arjun Sethi met with FTX's committee of unsecured...

American singer Taylor Swift stands out as one of the few celebrities who diligently researched now-defunct cryptocurrency exchange FTX before partnering with them, according to lawyer Adam Moskowitz.  What Happened: Moskowitz has filed a $5-billion class action lawsuit against FTX’s...

The collapse of FTX (CRYPTO: FTT) has been a driving force behind a fresh surge in the cryptocurrency market, according to a recent analysis by Bernstein. The report released on Monday explained how the downfall of the cryptocurrency exchange eliminated the final wave of "harmful crypto...

Basketball legend Shaquille O'Neal has finally been served as part of a class-action lawsuit against FTX (CRYPTO: FTT) founder Sam Bankman-Fried, according to a tweet from the Moskowitz law firm. The lawsuit was filed by FTX customer Edwin Garrison. O'Neal was reportedly "...

Cryptocurrency lender Amber Group is considering options for its Japanese unit, which may include a possible sale, according to Managing Partner Annabelle Huang. Huang revealed the firm's evaluation of the Japan operation is part of a strategic decision to shift its focus...

Securities and Exchange Commission (SEC) Chair Gary Gensler faces a potential subpoena if the regulator does not deliver information pertaining to the charges filed against Sam Bankman-Fried. House Financial Services Committee Chair Rep. Patrick McHenry (R-NC) and Rep....

Bonk Inu (CRYPTO: BONK) developers have launched their dog-inspired protocol's native decentralized exchange (DEX), BonkSwap, in a significant development for the widely followed token. Powered by Solana (CRYPTO: SOL) smart contracts, BonkSwap will enable users to trade Solana, Bonk Inu ...

Troubled cryptocurrency exchange FTX‘s native token FTT (CRYPTO: FTT) is up 96% in the last 24 hours, as news emerged that the exchange may be considering restarting in the future. What Happened: According to the legal team that represents FTX’s debtors, the cryptocurrency firm has recovered...

Former FTX Head of Institutional Sales Zane Tackett suggested the troubled exchange should be revived and offer a token representing creditor claims to give creditors some value. What Happened: He communicated this idea via Telegram, stating, "If they try and fail, it's not...

FTX (CRYPTO: FTT), the insolvent cryptocurrency exchange, has regained over $7.3 billion in cash and digital assets, representing an increase of more than $800 million since January, the company's lawyer indicated during a recent U.S. bankruptcy court hearing. FTX attorney Andy Dietderich...

Bankrupt cryptocurrency exchange FTX paid more than $30 million in February legal fees and adviser compensation, according to bankruptcy court filings. The fees were incurred by a half-dozen firms, including Sullivan & Cromwell, Landis Rath & Cobb, AlixPartners, Perella Weinberg...

The new management of FTX on Sunday released the first interim report on the cryptocurrency exchange’s control failures.   What Happened: The 45-page report highlights FTX’s disorganized record-keeping, nonexistent cybersecurity defenses and lack of expertise in crucial areas such as...