FTX Collapse
created by JWP
FTX Sues Bybit to Claw Back $953M in 'Misappropriated Funds'
The FTX estate says the funds were "preferentially" or "fraudulently" transferred to Bybit and affiliates in the lead up to its November 2022, bankruptcy filing.
By Sandali HandagamaNov 13, 2023
We've Seen the FTX Collapse Before
There are overwhelming similarities between the FTX and MF Global bankruptcies — and one big difference.
By James KoutoulasNov 10, 2023
Solana's SOL Rallies 20% in a Day, Erasing Woes of Past 18 Months
The Solana token's massive rally this year increases the odds that FTX customers will recoup all their lost money.
By Danny NelsonNov 10, 2023
FTX's FTT Token Jumps 90% on Gensler Comments
"Do it within the law," Gensler said in relation to reports of buyers emerging for the failed crypto exchange.
By Oliver KnightNov 9, 2023
FTX Relaunch Effort Includes Celsius Winner Proof Group, Sources Say
Plans to bring Sam Bankman-Fried's crypto exchange back to life include the Silicon Valley investment firm Proof Group, which was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius.
By Ian AllisonNov 6, 2023
SOL Drops 5% as FTX Estate Transfers Tokens to Binance, Kraken
The $30 million transfer takes the total SOL moved to exchanges to $102 million, the most out of any liquid asset, while the token's price is near the highest in a year.
By Sam ReynoldsNov 6, 2023
Sam Bankman-Fried Prosecutor Promises 'Handcuffs for All' Crypto Crooks
Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried.
By Danny NelsonNov 3, 2023
Sam Bankman-Fried Guilty on All 7 Counts in FTX Fraud Trial
A tentative sentencing date was set for March 28, 2024. Bankman-Fried could spend decades in prison and potentially up to 115 years.
By Nikhilesh De, Sam KesslerNov 2, 2023
Sam Bankman-Fried Lambasted by Prosecutor Right Before Jurors Began Deciding His Fate: SBF Thought 'He Could Fool the World'
A verdict in the SBF trial could come before the end of Thursday – on the first anniversary of the CoinDesk scoop that caused his empire to crumble.
By Sam Kessler, Helene Braun, Nikhilesh DeNov 2, 2023
A Year After Sam Bankman-Fried's Downfall, Solana and Other FTX Holdings Are Flying High
The FTX founder's downfall began on Nov. 2, 2022 – a year ago Thursday – when CoinDesk published a big scoop. Jurors are poised to begin deliberating his fate on the anniversary of that story, at a time when the SOL tokens FTX owns just got $1 billion more valuable.
By Ian Allison, Nick BakerNov 2, 2023