A group of FTX investors have filed a court document to settle with Sam Bankman-Fried, the founder and former CEO of FTX, under the condition that he provides relevant information about key firms and celebrities related to the defunct exchange before its collapse. The settlement terms include proof that Bankman-Fried's net worth is negative. If approved by the...
In a shocking turn of events, cryptocurrency mogul Sam Bankman-Fried, the founder of FTX, has been handed a hefty 25-year prison sentence for charges including fraud and money laundering. The sentencing, delivered by Judge Lewis A. Kaplan in Manhattan federal court, marks a dramatic chapter in the saga of FTX's downfall.
Witness testimonies during the trial...
The saga surrounding FTX's bankruptcy and subsequent efforts to repay creditors has taken another intriguing turn as a federal bankruptcy court approves the sale of the collapsed exchange's $1 billion stake in Anthropic, the AI company behind the Claude models. This move not only signifies a significant step in FTX's restructuring efforts but also sheds light on...
Navigating the Aftermath of a $8 Billion Fraud Case"
The collapse of FTX in 2022 sent shockwaves through global financial markets. The once-prominent crypto exchange faced an $8 billion fraud case, resulting in a cascade of events that not only shook investor confidence but also sparked a series of legal battles. Now, FTX is taking a bold step towards redemption...
FTT token continues to rally amid news of the FTX 2.0 reopening soon.
As the events at crypto exchange Binance unfold, FTX’s native FTT token has witnessed a mega price rally gaining over 55% over the last 48 hours. At press, the FTT token is trading 30% up at a price of $4.63.
FTT Token Whale Accumulation
FTX’s native token FTT has registered a staggering 337%...
Maxis Unite BITCOIN
is the Truth of All things and
brings all Evil to Light at the end of the day.
One cannot debate this any longer.
What more can they throw at BTC really besides nuclear armament? Which we all know is extremely unlikely as the leaders prefer not to demise in a fiery death just as much as anyone else. Why not go Balls Long in Bitcoin right...
FTX filled for bankruptcy, $10 Billion liabilities, no BTC in possession, 10th biggest bankruptcy in the US history.
FBI to extradite Sam Bankman-Fried.
Even Binance doesn`t want to buy it because of the debt.
Most likely it will go to 0.
Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Over a month ago I posted prediction that FTX Token will lose 70% of its value against USDT...
At that time the price was 1.8, and now it's already almost another -50% down! As the FTTUSDT pair has been delisted from...
Bahamas-based cryptocurrency exchange FTX's filing of Chapter 11 bankruptcy on Nov. 11 have sent stocks of financial services companies dealing digital assets tumbling, further reducing the already dented confidence for the cryptocurrency industry.
According to Bloomberg News-compiled data, the implosion of FTX, which at its peak was the third-largest...
Hi Traders, Investors and Speculators 📈📉
Losing $22 Billion in one day is probably a record for the books. Let's take a closer look at the Sam Bankman-Fried story...
At 30, SBF is(was) the youngest billionaire in the US. In 5 years, he managed to start the fastest growing DEX (FTX), as well as Alameda Research. He is also well connected. VERY well connected,...
