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3232FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges
https://www.digit.info/ftxs-exchange-token-ftt-sees-mysterious-pump-amid-bankruptcy-case-sbf-fraud-charges/
Wed, 11 Jan 2023 17:30:24 +0000https://www.digit.info/2023/01/11/ftxs-exchange-token-ftt-sees-mysterious-pump-amid-bankruptcy-case-sbf-fraud-charges/Read more]]>As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that threshold. FTT Token Jumps 28% Rising Above […]
]]>FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume
https://www.digit.info/ftt-breaks-1-support-for-the-first-time-since-ftx-collapsed-token-struggles-with-dwindling-trade-volume/
Tue, 20 Dec 2022 18:30:14 +0000https://www.digit.info/2022/12/20/ftt-breaks-1-support-for-the-first-time-since-ftx-collapsed-token-struggles-with-dwindling-trade-volume/Read more]]>Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per unit region after Nov. 12, 2022. For 38 days FTT remained above the $1 per unit area up until Dec. 19, as the token suddenly […]
]]>FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s Bail
https://www.digit.info/ftx-co-founder-indicted-by-federal-grand-jury-in-manhattan-bahamian-magistrate-denies-sbfs-bail/
Wed, 14 Dec 2022 00:30:01 +0000https://www.digit.info/2022/12/14/ftx-co-founder-indicted-by-federal-grand-jury-in-manhattan-bahamian-magistrate-denies-sbfs-bail/Read more]]>On Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud, money Laundering, and campaign finance offenses.” SDNY attorney Williams said that the case was not an issue of “mismanagement or poor oversight” but of “intentional […]
]]>CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-Fried
https://www.digit.info/cftc-follows-sec-by-filing-a-lawsuit-against-disgraced-ftx-co-founder-sam-bankman-fried/
Tue, 13 Dec 2022 22:30:07 +0000https://www.digit.info/2022/12/13/cftc-follows-sec-by-filing-a-lawsuit-against-disgraced-ftx-co-founder-sam-bankman-fried/Read more]]>On Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer deposits, “throughout the relevant period,” including both fiat currencies and cryptocurrencies, were reportedly “appropriated by Alameda for its own use.” U.S. Commodity Futures Trading Commission: […]