FTXs

10 May 23

FTX’s Bankman-Fried challenges law firm’s role in prosecution

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied FTX founder Sam Bankman-Fried seeks to involve FTX’s current leadership and its legal representatives at Sullivan & Cromwell in the criminal case against him, claiming their extensive cooperation with the government. This move could significantly impact his defense strategy and bring […]

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21 Feb 23

O’Leary comments on FTX’s actions provoking a strong reaction from regulators

Kevin O’Leary, the renowned Shark Tank investor and venture capitalist, recently commented on the cryptocurrency industry’s regulatory scrutiny, supporting the cause and FTX’s actions. In a recent interview with TraderTV Live, Shark Tank investor and venture capitalist Kevin O’Leary emphasized the importance of cryptocurrency exchanges complying with regulation if they want to avoid the scrutiny […]

08 Jan 23

U.S. trustee objects to FTX’s plans of selling strategic assets

A United States trustee filed a legal objection on Saturday to stop FTX’s plans to liquidate some of its installations and critical assets, including a clearing house LedgerX and its subsidiaries in Japan and Europe. U.S. Trustee adds another court battle to FTX FTX is currently dealing with lawsuits after filing for Chapter 11 bankruptcy […]

06 Jan 23

Customers interfered with FTX’s plan to sell subsidiaries

FTX’s clients have filed a limited objection to the organization’s liquidation procedures for the four subsidiaries. They seek the rights of customers to have up-to-date information regarding the process. 18 FTX clients baffle over subsidiaries liquidations Amid the crypto ecosystem fallout, a group of 18 client members of the collapsed crypto exchange FTX has battled […]

05 Jan 23

Former FTX’s top lawyer assists US authorities in SBF legal case

Daniel Friedberg, former FTX’s lawyer, is said to be helping the US authorities in the FTX case. He reportedly revealed the customers’ funds abuse to regulators. Daniel Friedberg collaborates with the US prosecutors In a recent investigation, Reuters has revealed new information on the FTX case, citing the collaboration of the former FTX lawyer and […]

22 Dec 22

US SEC marks FTX’s FTT as unregistered security

According to a recent filing by the US SEC, FTX’s native token FTT is now classified as a security. According to the watchdog, FTX’s and Alameda’s activities with the token classified it as one.