bitFlyer completes acquisition of FTX Japan
bitFlyer has acquired 100% of FTX Japan shares and will rebrand the platform by August 26, 2024. The Tokyo-based crypto exchange will also launch a new crypto custody business via…
BitFlyer to acquire FTX Japan for billions of Yens
BitFlyer, a major Japanese exchange, is angling to acquire FTX Japan, a subsidiary of the bankrupt FTX exchange. The exact value of the acquisition hasn’t been made public though it…
Former FTX exec Ryan Salame sentenced to 90 months in prison
Ryan Salame sentenced to 90 months in prison. Former FTX executive’s sentencing comes two months after former CEO Sam Bankman-Fried was sentenced to 25 years in prison. Former FTX executive…
Pantera Capital buys more Solana (SOL) from FTX
Pantera Capital has purchased more Solana (SOL) from the FTX bankruptcy estate. FTX is auctioning off SOL, with more tokens to be sold to winning bidders. Pantera Capital has acquired…
Pantera Capital fundraising to acquire discounted SOL tokens from FTX Estate
Pantera Capital initiates $250M fundraise for discounted SOL tokens from FTX Estate. Pantera Capital’s target price is $59.95 per SOL, 57% lower than the current market value of $142. FTX…
FTX to sell European subsidiary for $33 million
FTX sought to claw back $323 million from founders of FTX Europe, a crypto platform the bankrupt exchange acquired in 2021. According to court documents, FTX argued the exchange had…
Appeals court orders an independent scrutiny of FTX bankruptcy
The federal appeals court in Philadelphia ordered that an independent examiner be appointed to scrutinize the FTX collapse. Bankruptcy court judge John Dorsey had earlier denied the trustee’s request. A…
US prosecutors water down FTX Ex-CEO SBF’s second trial probability: no new evidence
US prosecutors deem the second trial unlikely for FTX’s ex-CEO Sam Bankman-Fried. Lack of new evidence cited; the initial trial covered major aspects of the case. The guilty verdict stands;…
FTX Granted Approval to Sell Trust Assets, Time to Buy More MANA, Algorand, and NuggetRush?
TLDR FTX received approval to sell its Grayscale and Bitwise trust assets, worth almost $900 million. Investors have been accumulating more Decentraland, Algorand, and NuggetRush tokens because of their explosive…
Bybit Fintech sued for $1 billion by the FTX bankruptcy team
The FTX Bankruptcy is seeking to recover assets worth about $1 billion. The lawsuit will be heard by a Delaware Court. The funds in question were allegedly withdrawn from FTX.…