FTX

Days after being remanded into custody at a Bahamian prison, FTX (CRYPTO: FTT) founder and former CEO Sam Bankman-Fried “SBF” is reportedly doing well, according to prison officials.  What Happened: Bahamas Acting Commissioner of Corrections Doan...

FTX’s new leadership has requested federal bankruptcy judge approval to begin selling off four of its businesses including LedgerX, by the early months of 2023.  What Happened: Lawyers for FTX (CRYPTO: FTT) filed a motion to initiate an auction process for digital currency...

Shaquille O'Neal "Shaq" is making it decisively clear: he doesn't support crypto, and he has never done so. This comes following his involvement in the class-action lawsuit against defunct cryptocurrency exchange FTX (CRYPTO: FTT) last month, a lawsuit resulting from his...

FTX founder Sam Bankman-Fried is reportedly trying to secure bail from the Bahamas Supreme Court. What Happened: Bankman-Fried was denied bail by a magistrate judge on Tuesday and was remanded to a detention center, reported Reuters, citing a person familiar with the matter. The disgraced...

Crypto trading platform Wintermute Asia PTE. has been granted membership on the FTX creditor committee, giving it the opportunity to influence decisions regarding the closure of the bankrupt cryptocurrency exchange, alongside organizations from the Caribbean, Hong Kong, and the United...

India’s Federal Economic Affairs Secretary Ajay Seth said that the Group of 20 (G20) nations are working to develop a policy consensus on crypto assets to guide better global regulation. The first gathering of the central bank and finance deputies for the G20 is Dec. 13–15 in Bengaluru...

Banks registered in New York State must request regulatory approval 90 days prior to engaging in crypto assets, even if it is through a third party, according to the New York Department of Financial Services. According to the guidance released on Thursday, banks will be required to provide the...

A lawsuit filed by the Commodities Futures Trading Commission (CFTC) alleges that former FTX CEO Sam Bankman-Fried instructed FTX executives to transfer Alameda Research's sizable obligations to the exchange to a Korean account in order to conceal its liability with the company. The CFTC, the...

The collapse of cryptocurrency exchange FTX (CRYPTO: FTT) has not been the biggest concern for investors this year. Recall the de-pegging of Terra’s (CRYPTO: USTC) token and the collapse a few weeks later of Celsius and Three Arrows Capital (3AC) — investors suffered much bigger losses...

Brevan Howard Asset Management's new digital currency fund was able to minimize losses to a single digit during the crypto market meltdown this year, thanks to the fund's strategic decision of holding cash in the midst of the turbulent market conditions. What Happened: The BH Digital Multi-...

“Shark Tank” investor Kevin O’Leary alleged on Wednesday that Binance (CRYPTO: BNB) is a massive, unregulated global monopoly and the company’s CEO Changpeng "CZ" Zhao “intentionally” put crypto exchange FTX (CRYPTO: FTT) out of business...

The White House declined to answer questions pertaining to $5.2 million in campaign donations made by Sam Bankman-Fried to U.S. President Joe Biden and if the money will be returned to the disgraced founder of crypto exchange FTX (CRYPTO: FTT). Attending a press briefing on Dec. 13,...

Binance (CRYPTO: BNB) CEO Changpeng Zhao says the "crypto winter" is still ongoing and that the coming months can be difficult. “While we expect the next several months to be bumpy, we will get past this challenging period — and we’ll be stronger for having been through...

Eight people connected to Atlas Trading, a Discord-based community, have been named in a complaint filed by the Securities and Exchange Commission (SEC). Co-founders of the forum, podcasters, and YouTubers are accused of stock manipulation. The lawsuit was submitted to the U.S. District...

Twitter CEO Elon Musk took a dig at former FTX CEO Sam Bankman-Fried being charged for money laundering, wire, and securities fraud on Tuesday. What Happened: In an interaction with Dogecoin (CRYPTO: DOGE) co-creator Billy Markus, Musk agreed that Bankman-Fried’s “biggest crime of all...