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FTX Group Holds Total Cash Balance of $1,240,000,000: Report

A new Bloomberg report claims that embattled crypto exchange FTX and its associate firms held a “substantially higher” cash balance than previously thought. Citing a...

FTX Japan Aims to Renew Withdrawals This Year

The Japanese subsidiary of bankrupt crypto exchange FTX plans to resume withdrawals before the end of the year.According to a Nov. 21 report from...

Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals

Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has...

FTX begins strategic review of all company assets

FTX has engaged US-based firm Perella Weinberg Partners LP as its lead investment bank to help...

South Korea probes crypto exchanges for local tokens

This year, native cryptocurrencies proved to be the most significant cause that led to the failure of a number of cryptocurrency exchanges and ecosystems;...

Ripple to consider deals for FTX assets: Brad Garlinghouse

Ripple CEO Brad Garlinghouse is reportedly interested in buying certain parts of collapsed crypto exchange FTX.On the sidelines of Ripple’s Swell conference in London...

This Crypto Investment Firm Says ‘No’ To Proof-Of-Reserves

After the collapse of crypto giant FTX, crypto exchanges are rushing to audit their reserves under the influence of CZ,  CEO of Binance,...

Most Of FTX Subsidiaires Are Solvnet, Claims FTX New CEO

FTX CEO Mr. John J. Ray, III releases a strategic review report on their global assets. After filing for Chapter 11 bankruptcy, FTX attempts...

FTX Leadership Borrowed Over $1B From Alameda

Incoming CEO John Ray Cites ‘Complete Absence of Trustworthy Financial Information’ Former FTX CEO Sam Bankman-Fried and other executives at the now-bankrupt crypto exchange...

“A Complete Failure Of Corporate Control,” Says New FTX CEO As He Unearths Even More Dirt Leading To The Collapse

Advertisement &nbsp &nbsp FTX’s new CEO expresses shock over how the company was run as he opens a can of worms. He referred to...

Solana Loses $1 Billion In USDT to Ethereum Due To FTX Collapse

A $1 billion chain transfer to convert USDT from the Solana blockchain to the Ethereum blockchain was just announced by stablecoin issuer Tether....

FTX: inside the crypto exchange that ‘accidentally’ lost $8bn

It was all an $8bn accident. Or so says Sam Bankman-Fried.As FTX, the crypto business led by the 30-year-old, quickly collapsed at the end...

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