FTX reports a cybersecurity breach involving its claims agent Kroll
Kroll is acting as the claims agency for FTX in the ongoing bankruptcy case. Kroll is in contact with the affected individual. FTX is seeking to increase its crypto holding…
BlockFi challenges FTX and Three Arrows Capital’s $5 billion recovery claims
FTX is attempting to collect funds that BlockFi withdrew from FTX.com and others paid as interest by Alameda. BlockFi has however described FTX’s investment as a “gamble” that BlockFi creditors…
FTX and Genesis agree to resolve claims in the bankruptcy case
FTX and Genesis are bankrupt and have been trying to collect funds for creditors under court supervision. The agreement will resolve FTX’s claims against Genesis debtors and vice versa. Genesis…
FTT price soars amid fresh reaction to FTX reboot news
The FTX Token price rose more tha 12% on Tuesday to trade at highs of $1.16. FTT’s upside bounce came as latest court filings showed there are efforts to reopen…
Miami International Securities Exchange acquires FTX subsidiary LedgerX
The Miami International Securities Exchange (MIAX) is owned by Miami International Holdings (MIH). The acquisition deal was announced in April and approved by the bankruptcy judge on May 4. LedgerX…
FTX considering relaunching in Q2 after asset recovery
Bankrupt FTX has reportedly recovered $7.3 billion in assets. The embattled crypto exchange is considering relaunching in Q2, 2023. FTX is currently embroiled in US Bankruptcy court proceedings. In what…
Crypto volatility back to FTX levels, with $791 million of liquidations in 4 days as SVB collapse rocks market
Key Takeaways Crypto volatility is back up to levels last seen when FTX collapsed in November $791 million of liquidations rocked investors between Thursday and Sunday $383 million of longs…
SEC charges former FTX exec Nishad Singh with defrauding investors
Nishad Singh is a former co-lead of engineering at FTX. SEC says the former exec created the software that Sam Bankman-Fried used to divert FTX customer funds to Alameda Research.…
Binance moved $1.8B of customer funds in a move similar to FTX: report
Binance reportedly moved the funds between August and December 2022. A Forbes report claims Binance sent the money to various hedge funds and platforms, including Cumberland, Alameda Research and Tron.…
Crypto hedge fund Galois shuts down following exposure to FTX
Galois has halted all trading after losing $40 million to FTX. The hedge fund has become the latest entity to be negatively affected by FTX’s collapse. The company said it…