FTX

FTX Token Surges 40% Before Pudgy Penguins’ PENGU Allocation News

Pudgy Penguins allocates 0.35% of PENGU tokens to FTX's FTT token holders. PENGU's total supply is 88 billion tokens with 17.8% for team, 25.9% for...

FTX Sues Binance to Recover $1.76B in ‘Fraudulent’ Fund Transfers

FTX files lawsuit against Binance and CZ seeking $1.76 billion in allegedly fraudulent transfers from 2021 The lawsuit stems from Binance's exit from its 20%...

FTX Sues Binance and CZ to Recover $1.8B in Allegedly Fraudulent Share Deal

FTX sues Binance and CZ for $1.8 billion over a 2021 share repurchase deal CZ bought 20% of FTX for $80 million in 2019, sold...

California Permanently Revokes BlockFi’s Lending License After FTX Collapse

California's DFPI permanently revokes BlockFi's lending license following its 2022 bankruptcy BlockFi's collapse was partially triggered by a $400 million credit line extended to FTX The...

Post-FTX Era: Only Binance and Bitfinex See Growth in Bitcoin Reserves

Two years after FTX's collapse, Binance and Bitfinex are the only major exchanges showing Bitcoin reserve growth Binance's Bitcoin reserves increased by 28,000 BTC (5%)...

FTX Exec Makes Final Plea as Judge Weighs Prison Time

Former FTX executive **Nishad Singh** faces sentencing today at 3pm ET in Manhattan FTX CEO **John J. Ray III** sent a letter to Judge Kaplan...

Caroline Ellison Faces Sentencing in FTX Fraud Case

Caroline Ellison faces sentencing for her role in FTX's $8 billion fraud.Ellison has pleaded guilty to seven felony counts of fraud and conspiracy.Her cooperation...

FTX Creditors to Receive Full Compensation Following Collapse

Most former FTX creditors will get back more than they originally lost.A reorganization plan promises cash payments within two months after approval.Total assets available...

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Bitcoin Hits Record $108K Before Fed-Driven Pullback to $92K

Bitcoin reached a record high of $108,000 on December 17, before retreating to $92,000 by December 20. Federal Reserve's smaller-than-expected...

Trump Allies Push Bitcoin Reserves Plan as Three US States Join Crypto Treasury Race

Three U.S. states propose legislation to establish Bitcoin reserves in their treasuries. Pennsylvania's proposal allows for investment of up to...

Bitcoin Plunges to $90K as Fed’s Powell Warns of Sticky Inflation

Bitcoin Price declined to $90,000, causing a $500 billion reduction in total crypto market value. Federal Reserve's inflation warning and...

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