FTX

  • Gemini Exchange Preparing to Launch an International Cryptocurrency Derivatives Exchange

    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

    03/30/2023
    115
  • Transferring $157 Million of Frozen Assets: OKX’s Response to the FTX Crash

    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

    03/30/2023
    104
  • 12:00-21:00: Exploring the Latest Developments with SEC, FTX, Korea, and Do Kwon

    12:00-21:00 Key words: SEC, FTX, Korea, Do Kwon
    Overview of important developments in the evening of March 29
    In the world of cryptocurrency, the landscape is constantly changing.

    03/29/2023
    106
  • Legal Fees Paid with Millions: The Curious Case of SBF and Alameda Research

    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

    03/29/2023
    108
  • US Federal Prosecutors Charge FTX Founder with Bribing Chinese Officials

    According to reports, US federal prosecutors released a new indictment against Sam Bankman Fried on Tuesday local time, accusing the founder of the now bankrupt cryptocurrency trad

    03/29/2023
    166
  • Mysten Labs Reaches Agreement to Repurchase FTX’s Equity Investment and SUI Token Warrants for $96.3 Million in Cash

    According to a report from Sui World, recently, according to relevant court documents, Mysten Labs reached an agreement with FTX debtors on March 22 to repurchase FTX\’s equity inve

    03/29/2023
    107
  • Table of Contents

    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

    03/28/2023
    125
  • #FTX Founder Sam Bankman-Fried Charged with Bribing Chinese Officials: What We Know So Far

    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

    03/28/2023
    124
  • New Conditions for Bail: Internet Isolated Phones and Laptops for FTX Founder

    According to court documents, it is reported that the lawyer for SBF, the founder of FTX, has reached an agreement with US prosecutors on new conditions for bail. Among the conditi

    03/28/2023
    105
  • Cryptocurrency Lending: Genesis Executives Get Early Access to FTX Cryptocurrencies

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

    03/28/2023
    122
  • FTX Proposes Motion To Recover $460 Million Assets for Stakeholders: FAQs

    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

    03/23/2023
    102
  • FTX Founder SBF and Employees Asked to Hand in Political Donations

    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.
    US

    03/22/2023
    94
  • Smartest Money Transfers $14 Million Worth of ETH to Binance

    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 suspend

    03/22/2023
    119
  • According to reports, market news: LedgerX Attracts Bids from Miami Exchange and More

    According to reports, market news: LedgerX, a derivative trading platform owned by FTX, has attracted bids from companies including the Miami Exchange.
    Companies such as Miami Trad

    03/21/2023
    95
  • Financial YouTubers Facing a $1 Billion Lawsuit for Promoting FTX without Disclosure

    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,

    03/21/2023
    119
  • FTX’s Bahamas Subsidiary Faces Legal Challenges

    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.

    03/20/2023
    101
  • FTX Delays Auction for Derivatives Trading Platform

    It is reported that FTX has changed the auction date of its derivatives trading platform, Ledger X, from March 22 to April 4. It is reported that this is the second time to modify the auction date, and the auction venue is Sullivan& Cromwell office, sales hearing will be held on April 12th. The notification of the successful bidder shall be sent within one working day after the auction ends. FTX modifies the auction date of derivatives trading platform LedgerX to April 4th Analysis based on this information:FTX, a popular cryptocurrency exchange platform, has announced that it is postponing the auction date of Ledger X, their derivatives trading platform to April 4. This comes after the auction date was already rescheduled once, creating uncertainty around the future of the platform. The auction’s new venue is Sullivan & Cromwell office, and the sales hearing will be held on April 12th. The auction will be followed by the notification of the successful…

    03/19/2023
    107
  • Jefferies seeks bids for FTX, creditor claims.

    On March 18th, a self-described FTX creditor (@ sunil) posted an article on social media stating that Jefferies, a well-known Wall Street investment bank, was contacting potential FTX bidders to restart FTX. According to its disclosure, FTX JP alone has more than 40 bidders, while FTX (international version) has more. The 9.7 million users and 1.4 million creditors of the FTX platform are the most valuable assets that bidders consider the platform to be. Zhu Su: “FTX 2.0 will revitalize capital and give those who are trapped in capital a second chance.” Analysis based on this information:On March 18th, a social media post by a self-proclaimed FTX creditor (@ sunil) claimed that investment bank Jefferies was reaching out to potential bidders for the restart of FTX. Jefferies is a reputable Wall Street investment bank, known for facilitating large-scale financial transactions. The post revealed that FTX JP alone has more than 40 bidders, while FTX (international version) has more. This information…

    03/18/2023
    108
  • SBF’s Legal Counsel Requested Advance Payment from FTX’s Insurers

    According to reports, the legal counsel of SBF, the former FTX CEO, requested in a motion that insurance companies be allowed to advance or reimburse their defense costs and expenses based on their director and executive (D&O) insurance policies held in Relm Insurance and Beazley Insurance. According to the documents, these policies “provide payment priority for individual insured persons such as Mr. Bankman Fried to pay for unrecovered losses.” This means that SBF’s bill will be at the top of FTX’s payment list. SBF is seeking to use the FTX policy to pay his legal fees Analysis based on this information:Reports indicate that SBF, the former CEO of FTX, has requested in a motion that insurers be allowed to advance or reimburse his defense costs and expenses based on his director and executive insurance policies held in Relm Insurance and Beazley Insurance. Despite being ousted from his position due to insider trading allegations, SBF is still entitled to coverage under…

    03/16/2023
    94
  • BlackRock CEO Larry Fink’s Annual Letter Discusses Trends and Potential of Digital Assets

    According to reports, BlackRock CEO Larry Fink pointed out several trends in digital assets in his annual letter to shareholders on Wednesday. Fink said that in addition to the media’s “obsession” with Bitcoin and the collapse of FTX, BlackRock has several areas of interest. In many emerging markets such as India, Brazil, and parts of Africa, we are witnessing significant advances in digital payments, reducing costs, and promoting financial inclusion. As for the asset management industry, the operational potential of digital asset underlying technology may generate exciting applications. BlackRock CEO: Tokenization of asset classes can improve the efficiency of the capital market Analysis based on this information:In his annual letter to shareholders, Larry Fink, the CEO of BlackRock, discussed the current trends and potential of digital assets. While many have been focused on the media’s “obsession” with Bitcoin and the recent collapse of FTX, Fink pointed out that there are other important areas of interest. One trend that Fink highlighted…

    03/16/2023
    136