FTX: Insolvent crypto exchange submits plan for restart
In November 2022, the crypto exchange FTX had to file for insolvency. Now the insolvency administrator presents a plan on how a comeback on an […]
FTX
New report from FTX insolvency administrator: already over 80% of missing customer funds recovered
The report on the FTX crypto exchange’s bankruptcy proceedings, released on June 26, 2023, sheds a troubling light on the company’s practices and the impact […]
FTX insolvency: liquidation costs 30 million US dollars per month
The bankruptcy of the November 2022 crypto exchange FTX is probably only a profitable business for lawyers and consultants. Around 30 million US dollars they […]
FTX: Bankman-Fried responsible for ‘immeasurable damage,’ according to Avalanche co-founder
FTX’s bankruptcy has turned founder Sam Bankman-Fried into a defendant charged with fraud. Emin Gün Sirer, who co-founded Avalanche (AVAX), is already taking a brutal […]
FTX insolvency: compensation claims are trading for under 0.20 per 1 US dollar
The insolvency proceedings of crypto exchange FTX and linked crypto companies are getting off to a slow start. In parallel, claims against FTX are trading […]
Trade publication “The Block”: CEO secretly received 43 million US dollar loan from SBF (FTX) and Alameda Research
Trust in the US online magazine “The Block” has taken a hit because CEO Michael McCaffrey concealed having received 43 million US dollars in credit […]
FTX bankruptcy: more than 5 billion US dollars of customer funds disappeared
The founder and EX-CEO of the bankrupt crypto exchange FTX, Sam Bankman-Fried, estimates the sum of lost customer funds to be more than 5 billion […]
Cardano founder Hoskinson: FTX collapse shows need for decentralization
Charles Hoskinson, founder of Cardano (ADA), is convinced that the crypto industry needs more decentralization following the bankruptcy of crypto exchange FTX. This, he says, […]
FTX in bankruptcy proceedings: $3.1 billion in debts to 50 largest creditors
The insolvent crypto exchange FTX has submitted initial figures on its liabilities in the insolvency proceedings. According to the figures, the 50 largest creditors account […]
FTX: Bankman-Fried wants to start new rescue attempt
FTX has been insolvent for a week. Now founder Sam Bankman-Fried wants to make another attempt to provide the crypto exchange with new capital. But […]
FTX crash: Crypto.com denies financial problems, ETH founder Buterin cashes in
The fallout from FTX’s insolvency continues to be explosive. The crypto exchange Crypto.com is forced to vigorously deny rumors of financial problems. Ethereum founder Buterin […]
FTX badly hit – these are good alternatives among crypto exchanges
The crypto exchange FTX has run into financial trouble and not only its image has been severely damaged. Those who want or need to switch […]
FTX Token (FTT) experiences price plunge – does the crypto exchange have a liquidity problem?
FTX Token (FTT) has plunged 30 percent since yesterday. The background is a mixture of signs and rumors about whether the crypto exchange and the […]
GMX: DeFi altcoin with price jump due to listing at Binance and FTX
With Binance and FTX, two major global crypto exchanges have relisted the DeFi-Coin GMX yesterday. This was able to record a 20 percent increase in […]
Ledger hardware wallets now with direct connection for swaps at FTX
The cooperation between crypto exchange FTX and hardware wallet manufacturer Ledger is bearing fruit: as of now, more than 120 cryptocurrencies can be swapped among […]
FTX CEO Bankman-Fried want: some crypto exchanges are “secretly bankrupt”
The crypto industry has been rocked by bankruptcies for weeks, with examples like Celsius leaving customers trembling for their deposits. Sam Bankman-Fried, founder of FTX, […]
Binance or FTX – which platform is more successful for IEOs?
Since 2019, Initial Exchange Offerings (IEO) have often been the way for new crypto projects to raise seed capital. For investors, there are excellent opportunities […]
Crypto crisis: FTX chief Bankman-Fried calls on industry to take relief action
The crypto market is currently being pushed into a negative trend by projects in trouble and bankruptcies. The head of the crypto exchange FTX, Sam […]
Crypto exchange FTX expands European business with EU license
Crypto exchange FTX has received an EU crypto license in Cyprus through an investment firm and now wants to strengthen its European business. The head […]
FTX valued at 32 billion US dollars after financing round – larger than Deutsche Bank
FTX has successfully completed a financing round C, raising 400 million US dollars. As a result, FTX is now valued at $32 billion, higher than […]