FTX

According to reports, FTX lawyers stated in court documents that it was unfair for SBF to consume $10 million of the company\’s insurance policy to pay his legal fees. The official

According to reports, according to two people familiar with the matter, Gemini, a cryptocurrency exchange founded by Cameron Winklevoss and Tyler Winklevoss, has been preparing to

According to reports, FTX founder SBF has refused to plead guilty to new criminal charges in the United States, including conspiracy to violate campaign finance laws and bribery of

According to reports, Oi OKX announced that it would transfer approximately $157 million of frozen assets related to FTX and Alameda to creditors. After the FTX crash in November 2

According to reports, Oi OKX announced that it would transfer approximately $157 million of frozen assets related to FTX and Alameda to creditors. After the FTX crash in November 2

12:00-21:00 Key words: SEC, FTX, Korea, Do Kwon
Overview of important developments in the evening of March 29
I. IntroductionII. SEC Regulations and the Crypto MarketIII. Overview

On March 29, it was reported that SBF had been paying legal fees with the millions of dollars he borrowed from Alameda Research as a gift to his father, Joseph Bankman. Two sources

According to reports, according to court documents, the Delaware bankruptcy judge has approved the sale of FTX\’s $45 million interest in Sequoia Capital Fund to the investment depa

According to reports, FTX Notification sent an email to some creditors, including customer codes and claimed assets, emphasizing that the court has not set a deadline for submittin

According to reports, according to market news, a US judge approved the modified bail conditions for SBF, the founder of FTX.
Market news: US judge approves FTX founder SBF\’s modif

Watcher Guru reportedly tweeted that FTX founder Sam Bankman Fried was charged with bribing US $40 million to Chinese officials in the encryption industry. According to court docum

According to reports, people familiar with the matter disclosed that senior executives of Genesis, a cryptolending institution, have the privilege to obtain cryptocurrencies suppor

It is reported that Eversheds Sutherland, a global law firm, has filed an early summary judgment on assets frozen in the accounts of non US FTX clients, thereby legally distinguishing these funds from those claimed by debtors in the bankruptcy estate. Sarah Paul, partner at Eversheds Sutherland, stated that under the terms of service of the exchange, the temporary group of FTX.com non US customers has a clear and unambiguous ownership of the assets. Erin Broderick, a lawyer for Eversheds Sutherland, pointed out that in other cryptocurrency bankruptcies such as…

According to reports, FTX has proposed a motion to reach a settlement agreement to recover $460 million in assets for stakeholders. Alameda Research invested $400 million in Modulo Capital in 2022. According to the filing documents, the recovered assets of $460 million accounted for over 99% of the remaining assets of Modulo, including $404 million in cash. Modulo will also waive any claims for the $56 million assets held in FTX.com and FTX.US accounts. As a result of the settlement, Alameda will also lose any claims for its stake in…

According to reports, according to US financial media Semafor, US federal prosecutors have asked lawmakers to hand in political donations from FTX founder SBF and its employees. Interpretation of this information: The US government is continuing its scrutiny of cryptocurrency exchanges and their activities. Recent reports suggest that federal prosecutors in the US have requested that lawmakers collect political donations made by the founder of FTX, Sam Bankman-Fried (SBF), and the exchange’s employees. This move by federal prosecutors could have significant ramifications for the cryptocurrency industry, and FTX in particular….

According to reports, according to Lookonchain monitoring, a Smartest Money transferred 7868 ETHs (valued at approximately $14 million) to Binance two hours ago. Before FTX suspended withdrawals, the Smartest Money withdrew $4 million in USDCs and 10646 ETHs (valued at approximately $19 million) from FTX. And made a profit of about 200000 USDTs during the USDC decoupling period. Interpretation of this information: The message above reports on the movement of funds by a Smartest Money individual. According to Lookonchain monitoring, the Smartest Money recently transferred 7868 ETH, worth around $14…

On March 21, it was reported that several financial YouTube members promoting FTX have now been filed a $1 billion class action lawsuit against individuals from the United States, Canada, the United Kingdom, and Australia. The lawsuit was submitted to the Miami Division of the United States District Court. The litigants claimed that these promoters received generous compensation before the bankruptcy of FTX, but did not conduct relevant sponsorship or endorsement disclosures, nor did they conduct sufficient due diligence. Interpretation of this information: The recent news about a $1 billion…

It is reported that FTX is suing the liquidator of its Bahamas entity. FTX’s new management hopes that the Delaware Bankruptcy Court of the United States will make a declaratory judgment, stating that FTX Digital Markets has “no ownership” of any FTX debtor’s property, and claiming that FTX Digital Markets is a “cover” for fraudulent customers. Interpretation of this information: The recent news regarding FTX and their legal battle is gaining attention in the financial industry. FTX, a popular cryptocurrency exchange, has reportedly sued the liquidator of its Bahamas entity….

According to reports, according to a court document, FTX hopes to deprive the Bahamas subsidiary of its right to claim for FTX assets and rule that the company is legally invalid. FTX’s current CEO, John J. Ray III, stated that the company is only a shell company and has been established and operated as an offshore safe haven for ongoing fraud plans, with the aim of further accusing Sam Bankman Fried (SBF) of fraud. According to the document, the assistance of the Bahamas authorities in evading judicial sanctions by the…

According to reports, FTX and its affiliated debtors submitted financial statements to the bankruptcy court, which showed that Alameda Research had transferred and loaned as much as $3.2 billion to FTX’s founders and executives, including Sam Bankman Fried (approximately $2.2 billion), Nishad Singh (approximately $587 million), Gary Wang (approximately $246 million), Ryan Salame (approximately $87 million), John Samuel Trabucco (approximately $25 million) Caroline Ellison (approximately $6 million). These amounts do not include over $240 million for the purchase of luxury homes in the Bahamas, political and charitable contributions directly provided…