FTX sues over investments, donations made by charity arm to life sciences companies
The money was intended to add to Bankman-Fried’s political influence and goodwill and did not benefit FTX or Alameda Research. Go to Source Powered by WPeMatico
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Australia’s financial regulator cancels license for FTX’s local entity
ASIC had previously suspended FTX’s license to operate in Australia, now the securities regulator has canceled it entirely. Go to Source Powered by WPeMatico
BlockFi CEO ignored risks from FTX and Alameda exposure, contributing to collapse: court filing
Crypto lending firm BlockFi had roughly $1.2 billion in assets tied to FTX and Alameda Research when the firm filed for bankruptcy in November 2022. Go to Source Powered by WPeMatico
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
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