FTX Debtors agrees to sell LedgerX For $50M
FTX is prepared to sell US derivatives exchange LedgerX for $50 million, a fraction of its original purchase price.
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Latest firstShaquille O’Neal Finally Served after evading FTX lawsuit for 3 months
Shaquille O'Neal, a member of the Basketball Hall of Fame, has finally been served in a class action case involving prominent FTX endorsers
Swiss Court Allows FTX to Pursue Sale of European Division
The company reported that the petition for a Swiss moratorium action was submitted by FTX Europe AG, the holding company for its European operations, and was approved on Tuesday.
FTX and Alameda Direct Ren Protocol’s Crypto Assets to FTX Debtors’ Wallet in Shutdown Contingency
Ren Protocol has revealed that FTX, Alameda, and their affiliates have given the platform permission and instructions to transfer all of its cryptocurrency assets to the wallets of FTX Debtors.
FTX had “extensive deficiencies” in its financial controls, reveals court filings
FTX CEO John Ray III claims the firm relied on “a hodgepodge” of Google documents, shared drives, Slack communications,and Excel spreadsheets to manage its finances
FTX Vietnam to Repay Users Soon
According to reports, FTX users in Vietnam have received emails saying they will ultimately receive their money.
FTX EU Introduces a New Website for Customer Balance Withdrawal
FTX EU develops a new website to assist affected European customers with withdrawals.
FTX CEO Sam Bankman-Fried Charged with Bribery of Chinese Official
Sam Bankman-Fried has been accused of paying Chinese authorities $40 million in cryptocurrency.
FTX Recovers $404M from Bahamas Hedge Fund Modulo
The Bahamas-based Modulo will forfeit its right to $56 million in assets stored on FTX's cryptocurrency exchange and return $404 million in cash.
FTX to sell $95 Mln stake in Web3 firm Mysten Labs
The Mysten Labs offer comprises $95 million in preferred stock and $1 million worth of SUI token warrants