The FTX crash is one of the most powerful shockwaves to hit the crypto industry in 2022. Despite the catastrophic crash, reports indicate that the company's Japanese arm plans to enable withdrawals for its users before the end...
The issues surrounding the bankruptcy of Celsius are still looming, as regulators in the United States of America have set a deadline for investors and those affected by the bankruptcy to file a proof of claim against the...
The Ethereum price has dropped 5% in the last 24 hours, according to Coinmarketcap. This is a reaction to the activities of the FTX hacker, as the proceeds from the hack are being dumped into the crypto market. ...
FTX filed for bankruptcy in court on Saturday, claiming that it owed more than $3 billion to over 50 creditors. The exchange had fallen out of favour earlier this month when it declared bankruptcy. This cataclysmic demise of...
Bill Ackman, one of the most prominent proponents and investors in traditional finance, announced on Monday in a series of tweets that he is changing his tune on crypto and is now endorsing a crypto project, even if...
Since crypto giant FTX declared bankruptcy on November 11, 2022, the crypto industry has been fraught with uncertainty. Even as the entire crypto industry comes to terms with FTX's fall from grace, some industry heavyweights continue to believe...
Bankman-Fried took to Twitter on Wednesday to inform his followers that "there was too much leverage—more than I realized" in his business. This came barely hours after he stated that FTX US had sufficient funds to reimburse customers. ...
The US Commodity Futures Trading Commission (CFTC) responded on Monday to four legal briefs filed on behalf of Ooki DAO, a decentralized autonomous organization (DAO) accused by the CFTC of violating federal commodities laws by illegally offering leveraged...
According to a leaked draft of a money laundering bill obtained by CoinDesk, the European Union may prohibit banks and cryptocurrency providers from dealing in privacy-enhancing coins such as Zcash, Monero, and Dash. Following the summer's tough new...
According to a court document that finally began analyzing the company's demise in detail, FTX may have more than one million creditors. The document, filed late Monday with the federal court database system PACER, provides the first proper...
