#FTX News

Former FTX exec Ryan Salame asks to push back prison date following dog attack

theblock.co Lawyers for former FTX executive Ryan Salame asked a New York court to push back his prison time to get urgent surgery after being "mauled" by a dog while visiting a…

Ex-FTX Exec Ryan Salame Is Not Ready For Jail, Here’s Why

coingape.com A dog attack has caused former FTX Executive Ryan Salame to request the delay of his seven-and-a-half-year prison sentence. Ryan Salame Files to Report to Jail by October 13…

Judge approves delaying forfeiture of donations from FTX-funded PACs

cointelegraph.com Former FTX CEO Sam Bankman-Fried reportedly donated roughly $40 million directly to political candidates and PACs in 2022 before the collapse of his crypto exchange.

Federal Reserve ends enforcement action against Silvergate Bank after successful liquidation

cryptoslate.com The Federal Reserve Board said the termination of an enforcement action against Silvergate Bank and its holding company, Silvergate Capital Corporation, according to a July…

Fed drops enforcement action against Silvergate

cryptobriefing.com The Federal Reserve Board announced that it’s dropping all enforcement action against Silvergate Bank and Silvergate Capital Corporation. This decision comes after…

FTX Japan Fully Acquired By BitFlyer, Eyes Launch Of Crypto Spot ETFs

bitcoinist.com On Friday, Japan-based cryptocurrency exchange BitFlyer announced the completion of its acquisition of 100% of the outstanding shares of FTX Japan, making FTX Japan a…

Ledger launches Ledger Flex, a mid-range hardware crypto wallet

techcrunch.com Ledger, a French startup mostly known for its secure crypto hardware wallets, has launched a new mid-range device, the Ledger Flex. Available now, priced at $249, the dinky…

Is Bitcoin Price Correction Done?

coingape.com Bitcoin price crashed 5.55% between July 24 and 25, setting up a swing low of around $63,378. However, this downward move was undone in the New York session on Thursday, as…

bitFlyer Acquires FTX Japan to Expand Crypto Custody Services

cryptopotato.com Japanese crypto exchange bitFlyer announced that it has completed its acquisition of FTX Japan, making it a fully owned subsidiary. The deal, finalized on July 26, will have…

BitFlyer Holdings Acquires FTX Japan, Eyes Crypto ETF Launch

cryptonews.com BitFlyer Holdings has acquired FTX Japan and integrated it as a wholly owned subsidiary. In a Friday post on X, Yuzo Kano, CEO of BitFlyer Holdings, announced the completion…

bitFlyer completes acquisition of FTX Japan

coinjournal.net bitFlyer has acquired 100% of FTX Japan shares and will rebrand the platform by August 26, 2024. The Tokyo-based crypto exchange will also launch a new crypto custody…

Bankrupt BlockFi Aims to Return “100% of Eligible Claims” amid Recovery from FTX

financemagnates.com The bankruptcy estate of the now-collapsed crypto lending platform BlockFi announced yesterday (Thursday) its plans to return “100 percent” of the distressed clients’…

BlockFi Estate Clients Will Receive 100% of the Eligible Claims

coingape.com In the latest development, defunct crypto lender BlockFi announced that based on their current recovery efforts, its clients could receive 100% of the eligible claims. The…

Empire Newsletter: How US presidencies map to crypto markets

blockworks.co Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. Moon signals It’s been said…

BlockFi Set to Return Bitcoin and Ethereum to Customers

decrypt.co Failed crypto lending firm BlockFi will this month start paying former customers back—in crypto—following its ignominious fall last year. The administrator of the BlockFi…

Bitcoin Mining Company Genesis Digital Assets Mulls IPO on Bankless

bankless.com Bitcoin mining firm Genesis Digital Assets is considering an initial public offering in the U.S., following a significant investment from the now-defunct Alameda Research in…

Solana’s Solend Rebrands to Save and Announces Plans to Launch Stablecoin

thedefiant.io Solend, now Save, said it wants to launch a native stablecoin, a liquid staking token, and a protocol for shorting memecoins. Solana lending and borrowing platform Solend is…

Crypto think tank launches voting project to support ‘right candidates’

cointelegraph.com The Digital Future project did not endorse specific candidates or political parties, but its CEO ran as a Republican in a 2022 congressional campaign associated with FTX.

Solana: $1.5 Trillion Asset Manager Bullish on SOL

watcher.guru Franklin Templeton’s digital asset arm recently took to X and shared that there are other projects, besides Bitcoin and Ethereum, that will drive the crypto space forward.…

BlockFi Clears FTX-Related Claims, Readies For Final Creditor Distributions

bitcoinist.com Crypto lending company BlockFi, which filed for bankruptcy in 2022 following the collapse of crypto exchange FTX, announced on Monday the successful sale of its FTX claims.…

BlockFi Completes FTX’s Claim Sale Ahead of Bankruptcy Filing

cryptonews.com BlockFi, the defunct centralized crypto lender, announced on July 25 the successful completion of the sale of its FTX claims, representing a crucial step towards the…

Two Crypto Promoters Plead Guilty To Forcount Ponzi Scheme Wire Fraud Conspiracy

cryptonews.com Two crypto promoters involved in the infamous Forcount Ponzi scheme pleaded guilty to conspiracy to commit wire fraud on Monday in New York. According to the United States…

FTX Execs Who Testified Against SBF Set to be Sentenced on Bankless

bankless.com Nishad Singh and Gary Wang, former senior executives at FTX, are set to be after pleading guilty to criminal fraud charges and testifying against their former boss, Sam…

Coinbase Premium Turns Positive in Early July: A Signal of Renewed Institutional Interest?

cryptopotato.com The Coinbase premium turned positive in early July after a period of concern following a dip in mid-May According to research from Kaiko, this could hint at a resurgence of…

Empire Newsletter: Can ETFs make ETH the next big tech stock?

blockworks.co Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. Spot the (ETF) difference…

BlockFi Administrator Submits Plan in Court to Make Customers Whole

coindesk.com None Bankrupt crypto lender BlockFi's plan administrator has asked a U.S. court for an order for the final distribution to make customers and unsecured creditors whole. •…

BlockFi Administrator Seeks Court Approval for Final 100% Distribution

coinspeaker.com Coinspeaker BlockFi Administrator Seeks Court Approval for Final 100% Distribution Crypto lender BlockFi’s Plan Administrator Mohsin Y. Meghji is planning to facilitate the…

Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit

coindesk.com Bitcoin financial services firm Swan Bitcoin pulled its plan to take the company public, discontinued its managed mining unit and cut staff across several units. Swan CEO…

Empire Newsletter: Why bitcoin fell after Biden’s exit

blockworks.co Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. A bitcoin boom? Yesterday,…

FTX-claims broker embezzled millions to spend on jewelry, art, and luxury hotels

protos.com An FTX claims broker who’s dealt with Mt Gox, Celsius, and Voyager Digital, has been ordered to repay $1.9 million after he used embezzled funds to invest in crypto and buy…

Samson Mow

bitcoinnews.com All fiat money is doomed to die. With hyperinflation on the horizon and the world headed to the brink of financial collapse, Bitcoin emerges as a beacon of hope for…

Solana Soars 4% as Meme Coins and Alts See an Uptick

decrypt.co The cryptocurrency market is abuzz with renewed optimism as Bitcoin (BTC) smashed through the $68,000 barrier on Sunday night, reaching a high of $68,486. This surge comes…

Up Only

uponly.tv Cobie & Ledger talked to Zane Tackett, who directed institutional sales at FTX until just a couple days ago, and was working to help find solutions for the gap directly with…

FTX crypto fraud victims to get their money back

techcrunch.com Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago say that the vast majority of victims will receive…

Crypto Bull Run Has Begun: Top Reasons to Invest Now!

coinpedia.org Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a…

As President Biden Steps Down, Where Do Kamala Harris and Other Potential Candidates Stand on Crypto?

unchainedcrypto.com With the surprise announcement on Sunday that U.S. President Joseph Biden was stepping down as the Democratic presidential candidate and endorsing Vice President Kamala…

Crypto throws Celsius defendants potential lifeline in clawback lawsuits, lawyer says

dlnews.com In an attempt to claw back money it can use to repay its creditors, failed crypto lender Celsius is suing thousands of former customers who pulled their assets from the…

South Korea’s New Crypto Investor Protection Law Goes Into Effect

bitcoinist.com This Friday, the first South Korean crypto regulatory framework has gone into effect after the one-year preparation period. The new law requires firms in the country to…

Bitzlato Founder Sentenced to Prison for Facilitating Money Laundering

cryptopotato.com On July 18, Judge Eric Vitaliano sentenced the founder of the Bitzlato cryptocurrency exchange to 18 months, the time he had already served, for running an unlicensed…

ETH ETFs Slated to Launch on Bankless

bankless.com Mark your calendars! Five spot Ethereum ETFs, including via major names like Fidelity and VanEck, will officially launch on July 23rd. Cboe, the exchange where these ETFs…

Worldcoin’s price manipulation? ‘Biggest scam token of the bull run’

ambcrypto.com ZachXBT and DeFi Squared criticized Worldcoin for alleged market manipulation. In an unexpected turn of events, Worldcoin [WLD] started facing backlash following a…

Peter Singer Says Effective Altruism Is ‘Alive And Well’ After SBF, FTX: Big Think

cryptonews.com Australian philosopher Peter Singer says that the effective altruism (EA) movement is “alive and well” after FTX founder and EA supporter Sam Bankman-Fried’s downfall, a new…

Hidden Altcoin Gems Under $100 That Could Make You Millions Like Peipei

coinpedia.org The post Hidden Altcoin Gems Under $100 That Could Make You Millions Like Peipei appeared first on Coinpedia Fintech News Have you heard the story of Peipei? This…

Investors say Bitfinex, like Alameda, had negative balance override

protos.com Bitfinex, like Alameda Research, allegedly permitted special customers to trade with negative account balances, according to a second amended consolidated class action…

BlockFi To Reimburse Customers Soon via Coinbase, Users Make Disturbing Claims

bitcoinist.com Bankrupt crypto lending platform BlockFi recently announced that repayments for customers who didn’t complete the withdrawal process through the platform will begin this…

How South Korea’s New Crypto Law Will Impact the Market and Traders

coinpedia.org Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.…

Wintermute in Talks to Raise $100 Million in Fresh Cash Funding Round

thedefiant.io Wintermute, a leading cryptocurrency trading firm, is in discussions to raise fresh cash through a new funding round. Wintermute, a leading cryptocurrency trading firm, is…

Analyst Says Altcoin That’s Exploded Over 2,800% Year-to-Date Primed To ‘Do Better,’ Updates Outlook on Bitcoin

dailyhodl.com A closely followed crypto analyst says one altcoin that has seen tremendous gains over the last year is primed to continue its ascent. In a new thread, crypto strategist…

South Korea Enacts First Crypto Investor Protection Law, Bolstering Existing Rules

decrypt.co The South Korean Financial Services Commission's inaugural law to protect crypto investors came into force on Thursday, as the country attempts to close its regulatory…

Worldcoin Accused of Price Manipulation as Experts Call WLD “Biggest Scam Token”

beincrypto.com is the subject of criticism by several crypto experts on social media, who slam the project and related venture capitalists (VCs) for shilling “the biggest scam token of the…

Crypto Analyst Predicts $200,000 Price Tag For Bitcoin Using Miner Capitulation

bitcoinist.com As Miner Capitulation in the crypto market slowly comes to an end, a crypto analyst maintains an optimistic future outlook on the price of Bitcoin (BTC), the world’s largest…

Bankrupt Crypto Lender BlockFi to Commence Repayments This Month

cryptopotato.com Bankrupt crypto lender BlockFi announced a significant step in its effort to repay its clients. In an X post on Wednesday, the lender noted that the first interim…

BlockFi begins interim crypto distributions via Coinbase

cryptobriefing.com Bankrupt crypto lender BlockFi has announced it will commence its first interim cryptocurrency distributions through Coinbase within this month. BlockFi fell victim to the…