FTX will begin repaying creditors owed less than $50,000 starting February 18, 2025, according to an announcement today from ...
Seemingly encouraged by the full pardon for Silk Road's Ross Ulbricht, Sam Bankman-Fried's parents are reportedly aiming to get their son freed through a presidential pardon and have supposedly met ...
In reality, it was mostly a rewards based marketing scheme to attract more users to the FTX platform and to prop up balance sheets. Most of the FTT supply was held by FTX and Alameda Research and ...
The revelation that FTX was using FTT as collateral on its balance sheet caused great concern due to the concentration risk and volatility of FTT. Customers and investors became skeptical about ...
Either way, FTX is in accumulation mode with the market near rock bottom and BlockFi down roughly 95%. They even looked at acquiring Celsius but the state of its finances with a $2 billion hole in the ...
Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, had a total cash balance of $1.24 billion as of Nov. 20, according to a court filing on Monday. FTX will see a ...
Yesterday, the morning session was dominated by discussion of balance sheets, which Ellison says were manipulated to paint a sunnier picture of the financial condition of FTX and Alameda.