Bookmarking Crypto Insights
Auto Added by WPeMatico
Binance chief strategy officer Patrick Hillmann claimed former FTX CEO Sam Bankman-Fried was “constantly” using his platform to disparage CZ without considering the FTX Token sale. Go to Source Powered by WPeMatico
The pension fund had invested twice in the now-bankrupt crypto exchange once during the peak bull run in 2021 and another in early 2022. Go to Source Powered by WPeMatico
Plaintiffs seeking damages from Silvergate’s collapse have joined forces with their respective lawsuits. Go to Source Powered by WPeMatico
The venture capital company is reportedly considering spearheading a fundraising campaign to raise $250 million to revive FTX. Go to Source Powered by WPeMatico
A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX. Shaquille Served Legal Notice in FTX Lawsuit Outside His … Read more
FTX debtors revealed during a hearing on April 12th that the restructuring team has collected $7.3 billion in liquid assets. The exchange is currently considering a relaunch, according to a lawyer representing the defunct cryptocurrency exchange. Following the announcement, the exchange’s token, FTT, increased by over 70%, rising from $1.30 to $2.35 per unit. Lawyers … Read more
Sam Bankman-Fried’s failed cryptocurrency exchange filed for bankruptcy in November 2022 and has since been mired in court proceedings. Go to Source Powered by WPeMatico
The approval of a petition in Switzerland allowing FTX Europe AG’s sale would be in accordance with U.S. bankruptcy court, where FTX’s global business filed for Chapter 11. Go to Source Powered by WPeMatico
The reimbursement expenses for FTX’s massive team of legal professionals are just as exorbitant in February as they were the previous month. Go to Source Powered by WPeMatico
After the New York Times was accused of writing favorable pieces about disgraced FTX co-founder Sam Bankman-Fried and inviting him to speak at the news outlet’s Dealbook Summit, it is once again being criticized for publishing a “hit piece” about bitcoin mining. The article’s authors claim that bitcoin mining is harmful to the environment, while … Read more
