FTX customers file class-action lawsuit to get priority reparations
Customer class members don’t want to stand in line along the creditors of a failed crypto platform. Go to Source Powered by WPeMatico
FTX Token
Auto Added by WPeMatico
Sam Bankman-Fried found ‘chilling’ in JFK airport lounge on $250M bail bond
Based on the pictures, crypto community members confirmed that SBF’s location was the Greenwich (Business Class) lounge in American Airlines’ Terminal 8. Go to Source Powered by WPeMatico
FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume
Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per unit region after Nov. 12, 2022. For 38 days FTT remained above the $1 per unit area up until Dec. 19, as the token suddenly … Read more
Democrats to reportedly return over $1M of SBF’s funding to FTX victims
Three democratic committees, the DNC, the DSCC and the DCCC, pledged to return SBF’s political donations after the entrepreneur was charged with eight counts of financial crimes. Go to Source Powered by WPeMatico
Binance ‘put FTX out of business’ — Kevin O’Leary
A US Senate committee heard details of the investor’s conversations with Sam Bankman Fried before the collapse. Go to Source Powered by WPeMatico
Crypto blame game back on US Senators’ menu following SBF arrest
While Congressman Brad Sherman saw SBF as the poster child of the crypto ecosystem, congressman Tom Emmer highlighted the crypto community’s contribution to uncovering the supposed FTX fraud. Go to Source Powered by WPeMatico
FTT investors’ claims to be investigated for securities laws violations
To help the investors legally recoup losses, Schall Law Firm plans to investigate FTX for issuing misleading statements or failing to disclose crucial information. Go to Source Powered by WPeMatico
Sam Bankman-Fried’s parents no longer on the Stanford Law School roster
Joseph Bankman and Barbara Fried have started facing professional consequences for their child Sam Bankman-Fried’s illegal actions. Go to Source Powered by WPeMatico
Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme
Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed to climb 23.4% higher against the U.S. dollar … Read more
Regulators face public ire after FTX collapse, experts call for coordination
U.S regulators and their failure to avoid another crypto contagion have raised a lot of questions over their credibility. Go to Source Powered by WPeMatico
