The bankrupt FTX cryptocurrency exchange's debtors have submitted a revised Chapter 11 reorganisation proposal, suggesting that the worth of customer asset claims will be retrospectively determined from the moment the exchange collapsed in November 2022.Continue Reading

The bankrupt crypto exchange FTX has received approval to sell approximately $873 million worth of trust assets, aiming to reimburse creditors affected by the exchange's 2022 collapse. Continue Reading

A rejuvenated FTX stands a chance under new leadership, provided they approach it with a thorough comprehension of legal considerations, according to SEC Chair Gary Gensler in an interview with CNBC during DC Fintech Week.Continue Reading

According to an article on CoinTelegraph, Bitcoin did not reach $100,000 during the 2021 bull market due to the assertion that the now-defunct exchange FTX continuously offloaded BTC.Continue Reading

During her second day of testimony in the trial of Sam Bankman-Fried on October 11, Caroline Ellison provided further insights into the events leading up to the expected FTX crisis in November 2022. Continue Reading

At his criminal trial, Sam "SBF" Bankman-Fried, the former CEO of FTX, observed as his former business partner and romantic partner, Caroline Ellison, testified. Continue Reading

Today, the collapsed digital asset exchange FTX received approval from Judge John Dorsey overseeing its bankruptcy proceedings to proceed with the sale of billions of dollars in crypto assets. Continue Reading

According to internal documents obtained from the Australian Treasury Department, it could take at least a year before crypto legislation is put in place in the country.Continue Reading

According to the Web3 entrepreneur, the negative perception of cryptocurrency in the media is partly due to its connection with capitalism. However, he advises that the industry should not avoid this association.Continue Reading

CEO of Binance, Changpeng Zhao (CZ), has asserted that Binance will be slowly, but surely, offloading and liquidating its holdings in FTT, the native token for its rival exchange, FTX.Continue Reading