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FTX


Markets

FTT Bucks Market Turmoil as FTX Estate Revealed to Be Behind GBTC Sales

FTT was up 11% in the past 24 hours as the broader market tracked by CoinDesk 20 slumped 4%.

By Shaurya MalwaJan 23, 2024

FTT Bucks Market Turmoil as FTX Estate Revealed to Be Behind GBTC Sales

Policy

FTX Affiliate Alameda Research Drops Grayscale Lawsuit

FTX liquidators are scrapping a costly legal battle to secure money for FTX creditors, following GBTC's conversion into a spot bitcoin ETF.

By Elizabeth NapolitanoJan 22, 2024

FTX Affiliate Alameda Research Drops Grayscale Lawsuit

Finance

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.

By Ian AllisonJan 22, 2024

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

Policy

Sam Bankman-Fried's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to Recover Funds

Bankman and Fried, both professors at Stanford Law School, argued that Bankman did not have a fiduciary relationship with FTX .

By Amitoj SinghJan 17, 2024

Sam Bankman-Fried's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to Recover Funds

Coindesk News

FTX Founder Sam Bankman-Fried Won't Face Second Criminal Trial, U.S. Prosecutors Say

The lawyers said much of the evidence they planned to introduce in the second trial was already introduced in the first case and can be considered in the sentencing planned for March 2024.

By Elizabeth NapolitanoDec 30, 2023

FTX Founder Sam Bankman-Fried Won't Face Second Criminal Trial, U.S. Prosecutors Say

Finance

FTX's Bahamas Wing Reaches Agreement With U.S. Bankruptcy Team, Streamlining Future Actions

This deal will pave the way for assets to be pooled and distributed to FTX.com customers.

By Camomile ShumbaDec 19, 2023

FTX's Bahamas Wing Reaches Agreement With U.S. Bankruptcy Team, Streamlining Future Actions

Finance

FTX Files Reorganization Plan to End Bankruptcy, Repay Creditors

Asset values for creditor claims will be calculated at prices on the day FTX filed for bankruptcy in November 2022, the plan says.

By Sandali HandagamaDec 18, 2023

FTX Files Reorganization Plan to End Bankruptcy, Repay Creditors

Finance

Solana Rally Sees FTX's Holdings Grow to $4.2B, Setting Claims Market on Fire

FTX’s SOL holdings are worth over $4.2 billion in today’s money, up from $1.16 billion from earlier this year.

By Ian AllisonDec 15, 2023

Solana Rally Sees FTX's Holdings Grow to $4.2B, Setting Claims Market on Fire

Policy

FTX Bankruptcy Judge Takes Step to Shorten Timeline for Customers' Recoveries

FTX victims are closer to getting their money back from the exchange after a federal judge put an end to a time-consuming dispute that has halted the exchange's bankruptcy case.

By Elizabeth NapolitanoDec 14, 2023

FTX Bankruptcy Judge Takes Step to Shorten Timeline for Customers' Recoveries

Policy

FTX Disputes IRS's 'Alice in Wonderland' Tax Claim

The U.S. government's claim for $24 billion in unpaid taxes by FTX has only one source – taking recoveries away from its victims, FTX said in a court filing.

By Amitoj SinghDec 12, 2023

FTX Disputes IRS's 'Alice in Wonderland' Tax Claim

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