3AC co-founders’ OPNX exchange onboards FTX, Celsius bankruptcy claims
Claims can be converted into collateral to trade crypto futures on the exchange. Go to Source Powered by WPeMatico
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Court: FTX spent $400 million on the acquisition of its European branch
The goal behind an overpriced buyout of the Swiss company was to get a proper European license. Go to Source Powered by WPeMatico
FTX claims portal becomes unavailable shortly after going live
Users affected by the bankruptcy of FTX or certain subsidiaries have the option of filing a proof of claim through Kroll’s online customer form and via U.S. mail. Go to Source Powered by WPeMatico
US authorities are investigating former FTX exec for potential campaign finance violations: Report
FTX Digital Markets co-CEO Ryan Salame was the individual who first reported FTX to Bahmanian authorities, but he reportedly may face charges of his own in the United States. Go to Source Powered by WPeMatico
Nifty News: Sega exec calls P2E games ‘boring,’ Tom Brady’s NFT firm switches it up and more
Sega is still reportedly licensing its lesser-known properties out for NFTs and blockchain games, but its best ones are being kept close. Go to Source Powered by WPeMatico
Sam Bankman-Fried backed out of FTX sponsorship deal with Taylor Swift: Report
The report contradicts the narrative from many media outlets that Taylor Swift’s team had done its due diligence in considering the FTX deal before pulling out. Go to Source Powered by WPeMatico
Judge says arguments behind SBF’s motions to dismiss criminal charges are ‘moot or without merit’
Former FTX CEO Sam Bankman-Fried will likely still face 13 criminal counts over two separate trials starting in October 2023 and March 2024. Go to Source Powered by WPeMatico
FTX splurged on cartoon, book about humans and ‘Pineapple House,’ alleges CEO
Thousands in grants were given out by former FTX executives for niche projects, according to a report by FTX restructuring chief John Ray. Go to Source Powered by WPeMatico
FTX has recovered $7B in assets so far, has almost $2B to go to cover misappropriations
Tracing funds is highly challenging, according to the FTX Debtors’ second interim report, and there is no doubt that that was by design. Go to Source Powered by WPeMatico
Tokenized FTX claim is used as collateral for a loan
A creditor of now-bankrupted crypto exchange FTX pledged a $31,307 claim as collateral for a DeFi loan. Go to Source Powered by WPeMatico