FTX

Ex-FTX Chief Raises $35M for Crypto Derivatives Platform

Brett Harrison, former president of the defunct FTX US exchange, raised $35 million for his new venture, Architect Financial Technologies.The startup aims to develop...

Bitcoin Leads $2B Crypto Liquidations; Losses Hit FTX-Era Levels

Over $2 billion in cryptocurrency positions were liquidated in a single day, one of the largest totals this year.Bitcoin accounted for over $1 billion...

FTX Drops Bid to Limit Creditor Payouts in Restricted Countries

The bankruptcy estate of the now-defunct crypto exchange FTX has withdrawn its request to limit creditor payouts in certain foreign countries.This motion had aimed...

Former FTX Exec Calls 1,001x Crypto Leverage “Irresponsible”

Former FTX US president Brett Harrison criticizes high leverage on volatile crypto assets as irresponsible.Harrison plans to launch a new perpetual futures exchange for...

FTX Sues Genesis Digital Assets for $1.15B Over Misused Funds

FTX's new management is suing Genesis Digital Assets for $1.15 billion. The lawsuit alleges ex-CEO Sam Bankman-Fried used customer funds to invest in the Bitcoin...

FTX Bankruptcy Estate to Distribute $1.6B to Creditors Sept. 30

FTX will distribute $1.6 billion to its creditors by the end of this month through its bankruptcy estate.This distribution is the third major payout...

FTX Customers Seek to Update Lawsuit, Allege Fenwick Key to Fraud

Former FTX customers are seeking to update their lawsuit against Fenwick & West, alleging the law firm played a crucial role in enabling the...

FTX to Begin $5B Repayments, Potential Boost for Crypto Markets

The FTX Recovery Trust will start distributing over $5 billion in cash and stablecoins to creditors on Friday.Recipients will receive their funds via BitGo...

Latest news

Altman, Huang, Amon to Join Trump-Xi Summit on AI Safety and Chips

OpenAI CEO Sam Altman, NVIDIA CEO Jensen Huang and Qualcomm CEO Cristiano Amon are set to attend the September...

CFTC exempts passive software providers from broker registration

The CFTC issued a no-action letter for passive software providers.The letter covers software that gives users access to event...

Reform UK crypto tax cut plan after £72m from billionaires

Reform UK proposed cutting capital gains tax to 10% for all crypto investors, days after receiving $93.6 million from...