The emerging lawsuit alleges that Binance received at least $1.76 billion in crypto assets from FTX through fraudulent transfers. This lawsuit signifies another attempt by the FTX bankruptcy estate to…
FTT experienced a significant surge following speculations surrounding a $16 billion repayment plan for FTX creditors. This spike comes as the broader cryptocurrency market slows down, with FTT breaking through…
It has been 20 months since the Commodity Futures Trading Commission (CFTC) filed a complaint against Sam Bankman-Fried, FTX, and its sister company, Alameda Research. Also, FTX and Alameda have…
Post-FTX, will Argentina’s proof-of-solvency requirement achieve a safer market for crypto investors? Regulators and industry stakeholders agree on consumer protection and investor safety.
After two months of suspending customer withdrawals, Genesis has eventually filed for bankruptcy. According to Genesis Global Capital, it expects that this bankruptcy process will enable Genesis to restructure its…
The year 2022 was a grim one for crypto users, investors, and organizations alike, following a series of unprecedented negative outcomes. The year saw the collapse of many popular cryptocurrency…