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Policy

FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules

The motion to sell around 7.84% of Anthropic that FTX held as of January 2024 had been filed in early February 2024.

By Amitoj SinghFeb 23, 2024

FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules

Finance

Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure: FT

Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with the now-bankrupt crypto exchange FTX.

By Parikshit MishraFeb 20, 2024

Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure: FT

Markets

Worldcoin’s Rocketing WLD Token Could Benefit Creditors of Three Arrows Capital, FTX

However, WLD prices may run into headwinds as a token unlock worth $165 million is set to begin today, occurring until Feb.26, data from Token Unlocks show.

By Shaurya MalwaFeb 19, 2024

Worldcoin’s Rocketing WLD Token Could Benefit Creditors of Three Arrows Capital, FTX

Policy

Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect

Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases.

By Ian AllisonFeb 16, 2024

Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect

Finance

FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse

The bankrupt exchange's unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.

By Aoyon AshrafFeb 12, 2024

FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse

Finance

Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source

Positive news around the FTX bankruptcy has seen claims being sold for upward of 70 cents on the dollar, now climbing towards the eighties.

By Ian AllisonFeb 5, 2024

Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source

Policy

FTX Seeks to Sell 8% Stake in Anthropic for Sake of 'Shareholders'

Court filings show the crypto estate wants to agree procedures so that it can sell the shares at the "optimal" time.

By Sandali HandagamaFeb 5, 2024

FTX Seeks to Sell 8% Stake in Anthropic for Sake of 'Shareholders'

Policy

FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange

The federal indictment doesn't identify Sam Bankman-Fried's FTX as the pilfered company, but Bloomberg reported that's who it was.

By Danny NelsonFeb 1, 2024

FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange

Finance

Larry David Calls Himself an 'Idiot' for Doing Infamous FTX Super Bowl Ad

Sam Bankman-Fried's cryptocurrency exchange infamously collapsed months after the commercial.

By Nick BakerFeb 1, 2024

Larry David Calls Himself an 'Idiot' for Doing Infamous FTX Super Bowl Ad

Policy

FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

An initial surge in the FTT token after the news turned negative, leaving FTT plummeting 15% today.

By Aoyon Ashraf, Elizabeth NapolitanoJan 31, 2024

FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

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