FTX Japan prepping to resume withdrawals by end of month
The Financial Services Agency of Japan asked that FTX Japan to halt business before the US bankruptcy filing. In December, the FTX branch filed to be allowed to resume withdrawals.…
UK regulator reveals investigations into charity linked to FTX
UK’s Charity Commission says it opened the investigation into Effective Ventures Foundation on 19 December. FTX collapsed in November and is currently undergoing bankruptcy proceedings in the US. FTX is…
115-page doc shows big tech firms, airlines and government entities owed by FTX
The 115-page document was filed by FTX lawyers in the US Bankruptcy Court for the District of Delaware. The list of creditors shows all those owed money by the collapse…
FTX has the green light to sell its other businesses including LedgerX
The judge in charge of overseeing the FTX bankruptcy proceedings has given FTX approval to sell some assets. The assets under consideration include LedgerX among other assets. The move will…
Bloomberg: Tom Brady, Peter Thiele left holding the bag after FTX collapse
Brady held 1.1 million shares in Sam Bankman-Fried’s business His ex-wife Gisele Bunchen has 680k shares New FTX CEO John J. Ray III says no one is likely to recover…
Terra and FTX collapse showed that the crypto industry has not fully established: CoinsPaid CEO
CoinsPaid’s CEO believes that the Terra and FTX crashes showed that the crypto industry hasn’t fully established. Max Krupyshev says he believes crypto is the new internet, but the adoption…
Report: $300m of FTX debtors transferred without authorization
This cryptocurrency is currently held in a single digital wallet at Fireblocks The Bahamas Commission instructed Sam Bankman-Fried to transfer the funds to this wallet FTX debtors (FTX Trading Ltd.…
FTX Collapse Opens the Door for Newcomers Like Metacade (MCADE) – Here’s Why
The FTX collapse has severely damaged trust amongst the crypto community Projects that focus on community, decentralisation, and transparency likely to benefit Metacade, a new play-to-earn community hub, is a…
Expect a long winter after FTX meltdown, says former Binance CFO
Former Binance CFO expects the ongoing crypto winter to last longer than expected. Zhou said China’s ban on crypto trading and mining offers certainty and clarity. More restrictive regulation should…
Blockchain didn’t fail, says Pantera’s CEO on FTX collapse
Pantera Capital’s CEO says FTX’s collapse was not caused by blockchain failure. In a letter to investors, Dan Morehead said there is a need for trustless systems in the ecosystem.…