FTX Estate Pursues $953 Million Lawsuit Against Bybit, Alleging Misappropriation of Funds

What's Going On? FTX Announces a Rare Move, Causing FTT Token to Surge Over 40%

Bankrupt exchange FTX announced that 98% of creditors will receive a 118% cash repayment, with disbursement starting as early as September.

FTX Founder Sam Bankman-Fried Spared Second Trial

The announcement came through a letter submitted to New York federal court on Friday.

Ripple's Subsidiary Dominates FTX Bankruptcy Claims

Ripple Labs Singapore emerges as a major creditor in FTX bankruptcy with a significant $11.4 million claim, revealing complex ties in the cryptocurrency ecosystem.

FTX's Bankruptcy Saga: A Complex Puzzle for Creditors

FTX's bankruptcy plan raises critical valuation and repayment issues, leaving creditors and the crypto industry in limbo.

FTX Judge Aims to Expedite Customer Fund Recovery in Bankruptcy Case

FTX Judge's intervention sparks hope for quicker customer fund recovery in the bankruptcy case, yet uncertainties persist, with IRS cautioned about potentially lower-than-expected recoveries amid complex proceedings.

FTX Founder SBF Adapts to Prison Life Amid Legal Woes

Sam Bankman-Fried's prison experience, marked by unconventional currency use and alleged challenges to living conditions, adds an unexpected chapter to his legal saga. As the legal proceedings continue, the controversy surrounding SBF's actions inside the prison walls raises questions about the complexities of adapting to a new reality while facing serious legal consequences.

FTX Used Customer Funds to Repurchase Binance Stake, Court Reveals

Recent court hearings disclosed that the bankrupt crypto exchange FTX utilized customer funds to repurchase its entire stake held by competitor Binance. The revelation came as part of ongoing investigations related to the trial of Sam Bankman-Fried, with the U.S. Department of Justice hiring an accounting professor to trace the funds between Alameda and FTX.

Former FTX Execs Debut New Crypto Exchange A Year After FTX Downfall

This crypto exchange presents a self-custodial solution that incorporates a multiparty computation technique, ensuring the utmost security for entrusted funds.

FTX's $953M Asset Recovery Battle: Legal Action Against Bybit Amid Bankruptcy

FTX initiates legal action against Bybit and associates in a $953 million asset recovery effort, amidst broader bankruptcy proceedings and ongoing efforts to reclaim funds.

Coinbase Has Disabled Polymath (POLY) Trading—Last Chance To Upgrade POLY to POLYX!

Coinbase announced that trading for Polymath (POLY) has been disabled.They suspended trading for Polymath (POLY) on December 5, 2023.

South Korean Crypto Lender Suspends Withdrawals

Delio is suspending withdrawals on its platform following its exposure to Haru Invest, which previously halted its services.

FTX EU opens European withdrawals website

The site will solely provide fiat withdrawals and no other services.

Bybit, Swyftx Join List of Crypto Firms Reducing Workforce

Bybit and Swyftx are the latest victims of the spreading crypto contagion, with both firms announcing job cuts in the wake of FTX collapse.“

FTX Exchange Halts All Crypto Withdrawals

Australian Crypto Exchange Swyftx Cuts Its Workforce By 21% Amid Bear Market

The low prices of cryptocurrencies have lowered crypto services platforms' income. As a result, it forced many crypto exchanges to ...

Aussie exchange Swyftx cuts staff by 21% amid bear market

Australian crypto exchange Swyftx highlighted inflation, a recession, and the bear market as the reasons behind the unfortunate lay-offs.

Zipmex resumes withdrawals for trade wallets

The crypto exchange said it had $48 million in exposure with Babel Finance and $5 million with Celsius — both firms faced liquidity and insolvency issues, respectively.

Crypto-stock trade pairs in the cards as Swyftx inks $1.5B merger with Superhero

Speaking to Cointelegraph on Wednesday, Swyftx co-CEO Ryan Parsons revealed that its long-term plans are to explore ways to offer trading between traditional and crypto asset classes.

Aussie exchange Swyftx to offer ‘no lock-in’ yield on crypto

Swyftx, one of Australia’s largest crypto exchanges, has become the first local exchange to offer users zero-fee yields on cryptocurrency deposits.