OKX just sent $60M in USDT, MASK token to Alameda Research
The fund transfer may be part of a recovery effort to repay creditors of the failed FTX crypto exchange. Go to Source Powered by WPeMatico
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FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition
Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers insist that prosecutors have not obtained consent from Bahamian authorities for the additional counts. FTX’s Sam Bankman-Fried Urges Court to Drop Post-Extradition Charges Attorneys representing … Read more
FTX founder Sam Bankman-Fried urges court to dismiss charges
Lawyers representing Sam Bankman-Fried want all but three charges against him dismissed in a filing on May 8. Go to Source Powered by WPeMatico
SUI price drops 70% from market debut top amid excessive supply concerns
The circulating supply of SUI tokens will grow by nearly 15% by the end of 2023. Go to Source Powered by WPeMatico
FTX bankruptcy judge approves sale of LedgerX
The judge said he read all the papers and declarations related to the FTX debtors’ motion for the sale of LedgerX and was “satisfied” with the proceedings. Go to Source Powered by WPeMatico
FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model. Go to Source Powered by WPeMatico
FTX investor Temasek pours $10M in algorithmic currency system Array
The new algorithmic currency system aims to provide a more “stable, efficient and scalable” asset than common coins like Bitcoin. Go to Source Powered by WPeMatico
Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance
This week’s Crypto Biz explores Google expanding its Web3 program, the U.K.’s $125 AI pledge, FTX selling LedgerX and Binance.US backing out of its Voyager purchase. Go to Source Powered by WPeMatico
Former FTX exec Ryan Salame’s home searched by FBI: Report
It’s unclear what the Bureau was searching for in the home of the former co-CEO of FTX Digital Markets, who worked closely with Sam Bankman-Fried. Go to Source Powered by WPeMatico
Binance CEO denies $28B wealth: ‘I don’t have anywhere near as much’
According to Bloomberg’s rich list, Binance CEO Changpeng “CZ” Zhao is supposed to be ranked in the top three finance billionaires worldwide. Go to Source Powered by WPeMatico