Tag: FTX

The names of FTX’s individual customers will not be revealed to the public in an effort to protect them from potential scams and identity theft. Bankrupt cryptocurrency exchange FTX has reportedly been granted permission to permanently remove individual customers from all court filings, while the names of companies and institutional investors will be sealed on…

“Every major player has been sued by the SEC except for FTX,” several members of the crypto community have noted. The United States securities chair has hinted at “parallels” between crypto exchange Binance and collapsed exchange FTX — namely their alleged use of sister firms to move funds. Speaking to Bloomberg on June 6, the…

The FTX debtors alleged that the claim was filed “without any advance notice,” and they were not invited to participate in the mediation. Just a month after bankrupt cryptocurrency exchange FTX sought $4 billion from the also bankrupt crypto lender Genesis, it is now contesting a claim that it is entitled to nothing. According to a…

Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors, which may have attracted the SEC’s attention. Regulators in the United States have choked out the cryptocurrency sector to the point of death, according to Bitcoin bull and billionaire tech investor Chamath Palihapitiya. “Crypto is dead in America,” he boldly claimed in an April…

The venture capital company is reportedly considering spearheading a fundraising campaign to raise $250 million to revive FTX. Tribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injecting new capital to revive the bankrupt cryptocurrency exchange, Bloomberg reported on April 18. The venture capital firm…

Bermuda’s Edward Burt reportedly met with U.S. lawmakers and government officials this week in Washington, D.C. to discuss common standards for digital assets. The dramatic collapse of crypto exchange FTX last November is not moving Bermuda away from receiving crypto companies, according to the head of the British island territory’s government during an interview with Bloomberg News….