Cryptocurrency Market

  • Market Cap: $2,732,585,999,665.18
  • 24h Vol: $88,515,683,533.96
  • BTC Dominance: 58.52%

ftx

bankruptcy-court-terminates-ftx-naming-rights-agreement-for-miami-heat-arena

Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena

A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million dollar sponsorship deal between the now-bankrupt crypto exchange and Miami-Dade County in 2021. FTX Signage and Advertising to Be Removed From Downtown Miami Sports […]

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ftx-donations-to-early-covid-19-researchers-raise-questions-of-propaganda-tied-to-pandemic-prevention

FTX Donations to Early Covid-19 Researchers Raise Questions of Propaganda Tied to Pandemic Prevention

While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated millions of dollars to early Covid-19 researchers. The research was reportedly used to cast doubt on specific treatments, such as the use of ivermectin and hydroxychloroquine. Controversy Surrounds Former CEO of FTX

FTX Donations to Early Covid-19 Researchers Raise Questions of Propaganda Tied to Pandemic Prevention Read More »

former-ftx-director-of-engineering-under-scrutiny-by-us-law-enforcement,-alleged-proffer-sessions-held-with-prosecutors-in-new-york

Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York

U.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report citing people familiar with the matter. Another report, published on Jan. 10, 2023, details that Singh met with federal prosecutors at an alleged proffer session held at the U.S. attorney’s office for the Southern District

Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York Read More »

ftx-co-founder’s-alleged-extravagance-comes-to-light-in-bankruptcy-court-documents

FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents

Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spent by the FTX team in 2022 on living accommodations, hotels, food, and flights. Moreover, SBF’s quantitative trading firm allegedly owes more than $55,000 to Jimmy

FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents Read More »

report-claims-us.-prosecutors-investigate-hedge-funds-in-connection-with-binance-dealings 

Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings 

Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were allegedly issued subpoenas by the U.S. attorney’s office for the Western District of Washington. Sources Say U.S. Department of Justice Probes American Hedge Funds in Cryptocurrency Investigation

Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings  Read More »

report:-federal-prosecutors-in-new-york-probe-digital-currency-group-and-subsidiary-genesis

Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and its subsidiary, Genesis Global Capital. Report Claims Digital Currency Group, Genesis Global Capital Allegedly

Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis Read More »

report:-confirmation-of-silvergate’s-$8-billion-deposit-plunge-sees-stock-price-drop-by-more-than-40%

Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%

The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank. Alan Lane, the CEO of Silvergate, denied allegations that

Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40% Read More »

three-arrows-capital-founders-served-subpoenas-via-twitter-in-bankruptcy-process

Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process

The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators via Twitter. While serving subpoenas on Twitter is rare, it has happened on various occasions in the past, including when Wikileaks was served on Twitter in 2018. Founders of Defunct Crypto Hedge Fund Contacted Electronically

Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process Read More »

unreported-transactions-linked-to-disgraced-ftx-co-founder-revealed-by-onchain-investigation

Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation

According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of the transactions took place on Dec. 28, there was some recent activity in the first

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us-bankruptcy-court-rules-celsius-deposits-belong-to-the-firm

US Bankruptcy Court Rules Celsius Deposits Belong to the Firm

A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent that might affect the status of other, similar cases involving crypto companies like Blockfi and FTX. Celsius Obtains Ownership of

US Bankruptcy Court Rules Celsius Deposits Belong to the Firm Read More »