Fenwick and West law firm sued over alleged role in FTX’s multibillion-dollar theft
Fenwick & West accused of enabling FTX’s $8B customer fund theft. The law firm is accused of designing fraud-friendly corporate structures. Fenwick & West denies wrongdoing, says actions were within…
FTX’s head of engineering asks judge to spare him prison sentence
Nishad Singh’s lawyers claim he is an “uncommonly selfless individual” They believe he should receive a lighter sentence because of his limited role in FTX’s collapse The former head of…
Caroline Ellison to forfeit assets in FTX’s settlement proposal
FTX seeks court approval for Caroline Ellison to forfeit nearly all her assets. Ellison has agreed to cooperate with investigations into FTX and Sam Bankman-Fried. A hearing for the proposed…
Figure Markets CEO confirms FTX’s auction of remaining locked Solana (SOL)
FTX to auction the remaining locked Solana (SOL) tokens. The last SOL token sale by FTX attracted significant buyer interest. Figure Markets confirms it will participate in the auction. The…
FTX’s Alameda Research drops lawsuit against Grayscale
Alameda Research, an affiliate of bankrupt crypto exchange FTX has dropped its case against Grayscale. The lawsuit’s dismissal comes as Grayscale’s GBTC sees huge outflows following SEC’s spot Bitcoin ETF…
FTT price prediction amid FTX’s repayment proposal as new hybrid exchange emerges
FTX Exchange bankruptcy and customer claims turmoil. FTT’s price rollercoaster: bullish momentum, bearish setbacks, technical signals. Pullix emerges as a DeFi alternative: PLX token’s Trade-to-Earn model. A recent court filing…
FTX’s fiasco was unethical and illegal from the very beginning, says Michael Saylor
Michael Saylor says Sam Bankman-Fried was the poster child of the cryptocurrency community. Most of the people in the crypto world were guilty of the sin of shitcoinery, he added.…
This week in crypto: SBF explained FTX’s collapse in an interview
Key takeaways Sam Bankman-Fried granted an interview to explain the circumstances behind FTX’s collapse. Nexo and Gemini gain regulatory approval in Italy. NFTs are now live on the Uniswap network.…
FTX’s failure is not a harbinger of crypto: Gavin Wood
Gavin Wood co-founded Ethereum, Polkadot and Parity Technologies among other top crypto platforms. He says FTX’s implosion offers a chance for crypto to go for “decentralised, trust-free technology.” Wood stepped…
Crypto overall is fine despite FTX’s insolvency, says Changpeng Zhao
Binance CEO said more companies would be affected by the collapse of the FTX crypto exchange. He pointed out that the overall crypto market is fine despite FTX’s insolvency. CZ’s…