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 The funds in question were allegedly withdrawn from FTX.…
FTX seeking approval to sell funds from Grayscale and Bitwise
FTX seeks to sell $744 million in Grayscale and Bitwise assets amid its bankruptcy proceedings. The asset sale aims to prepare for creditor payouts and minimize price volatility risks. FTX…
FTX trial: FTX used billions in customer funds for Binance stake buyback
FTX is accused of using customer deposits to repurchase Binance stake. An accounting professor hired by the US Department of Justice reveals over a billion dollars came from customer funds…
FTX Estate stakes $122M Solana (SOL) tokens, alleviating investor concerns
FTX Estate stakes $122 million worth of Solana (SOL) tokens. The FTX Estate has strategically delegated 5.5 million SOL with a Solana network validator. The move alleviates concerns about the…