FTX

Major European financial institutions, specifically Deutsche Bank and Standard Chartered, are reportedly intensifying their crypto strategies within the United StatesThe Trump administration's evolving regulatory environment motivates…
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Vitalik Buterin, co-founder of Ethereum, asserted that "good social philosophy" is essential for the application layer built on Ethereum, but less critical for the underlying infrastructure.He explained that applications on the higher…
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Solana's market value was mostly constant even though Alameda Research started the movement of a large volume of unstaked Solana (SOL) tokens to wallets connected to the closed-down FTX exchange.This transfer, involving a large…
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Time and again, investors gravitate back to Ethereum (ETH) due to its compelling market strength, a trait consistently displayed in its price history through impressive rebounds following substantial percentage declines.Ethereum's…
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FTX will release 11.2 million SOL ($2.06 billion) on March 1, after selling 41 million SOL in bankruptcy auctions, with Galaxy Digital obtaining the largest portion at $64 per token.On March 1, the beleaguered cryptocurrency exchange…
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FTX has initiated an email correspondence with creditors who have submitted claims under $50,000 regarding their initial allocation of funds.FTX has already provided funding for these minor creditors, who will receive payments through…
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Celsius' claim filings contained insufficient evidence, according to the adjudicator.Celsius Network, an insolvent crypto lender, has filed an appeal against a court ruling that rejected its $444 million claim against the defunct…
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FTX Debtors were able to recover more than $14 million from 27 minor settlement claims. The exchange's dispute regarding its motion to elevate claims from $120 million to $1.5 billion was refuted by 3AC.In November, the FTX Bankruptcy…
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In order to reclaim $1.8 billion in shares that it alleges were unfairly repurchased by Sam Bankman-Fried in 2021, the bankrupt crypto exchange FTX has filed a lawsuit against its former chief Changpeng Zhao and its rival Binance.Zhao…
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Former FTX engineering head Nishad Singh got three years of supervised release and time served for stealing user funds and breaking campaign finance rules.Judge Lewis Kaplan observed during an October 30 hearing in the U.S. District…
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