LedgerX to Make $175M Available for FTX Bankruptcy Proceedings
LedgerX, a regulated crypto trading platform and a Derivative company of the FTX.US exchange said it is going to give $175 million to the defunct...
Tag : FTX
BlockFi Sues Sam Bankman-Fried’s Holding Over Robinhood Shares
BlockFi, a crypto lending platform currently experiencing financial troubles, has sued Sam Bankman Fried’s holding, Emergent Fidelity Technologies Ltd over alleged collateral promised by disgraced...
FTX CEO Say the Firm Will Explore Selloff or Restructuring
The new CEO of FTX exchange, John J. Ray III says that there is a possibility of either selling or restructuring the collapsed trading outfit....
Ripple CEO Wants to Purchase Part of Defunct FTX
Bradley Kent Garlinghouse, the CEO of Ripple Labs, an American technology company that provides crypto solutions for businesses has stated that his firm is interested...
Multicoin Claims the FTX Pandemic will Destroy Several Trading Firms
Multicoin Capital, a crypto trading firm that invests in token and blockchain companies stated that the collapse of FTX will eventually bring down many blockchain...
Temasek Write-Off its $275M Investment in Collapsed FTX Exchange
Temasek Holdings Limited, a Singaporean-based investment company has released a statement that it is already making plans to write down its investments that are still...
Binance Launches Crypto Recovery Fund to Support Crypto Projects
There has been a lot of uproar in the blockchain industry due to the abrupt collapse of FTX and the subsequent resignation of the former...
Visa Severs Global Debit Card Partnership With FTX
Visa inc, a multinational financial services corporation that facilitates funds transfer globally, announced that it will terminate its global payment agreements with FTX following its...
BlockFi Pauses Withdrawals Over Lack of Clarity on the Status of FTX
BlockFi, one of the world’s leading firms providing financial services in cryptocurrency has announced they would be pausing withdrawals because of the uncertainty over FTX’s...
FTX CEO Tells Investors to Prepare for Bankruptcy if Cash is not Infused
Sam Bankman-Fried, the CEO of the troubled FTX cryptocurrency exchange, told investors on Wednesday that the company would have to declare bankruptcy if it could...