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GeneralBeginnerSam Bankman-Fried, the disgraced founder of the collapsed cryptocurrency exchange FTX, has broken his two-year silence by posting on social media. This unexpected activity has triggered a significant surge in the price of the FTX token (FTT). Bankman-Fried’s return to the public eye comes after a…
#altcoin#crypto#ftx
BitcoinBeginnerBackpack Exchange, a cryptocurrency exchange founded by former FTX executives, has acquired FTX EU, the former European arm of the collapsed crypto giant. This acquisition grants Backpack access to FTX EU’s MiFID II license, a crucial regulatory approval for operating in the European Union. The…
#crypto#european#ftx
BitcoinBeginnerAttestor, a London-based investment firm, has filed a lawsuit against Lemma Technologies, according to a Bloomberg report on March 18th. The lawsuit comes after Attestor saw a significant increase in the value of its FTX bankruptcy claims. Attestor was one of the biggest buyers of assets from the…
#court#crypto#ftx
SolanaBeginnerFormer FTX CEO Sam Bankman-Fried (SBF) has submitted a sentencing memo to the court requesting a 6.5-year prison sentence, significantly below the potential maximum of 110 years he faces. This move comes as SBF awaits sentencing for his role in the collapse of the cryptocurrency exchange FTX. The…
#crypto#ftx
GeneralBeginnerWallet addresses linked to the defunct FTX exchange and Alameda Research transferred at least $38.8 million in digital assets to exchanges in 2024. Since January 2024, crypto wallets linked to the now-defunct FTX exchange and its sister company, Alameda Research, have transferred more than $38.8…
#ftx
GeneralBeginnerThree individuals have been charged by federal authorities in connection with a massive $400 million hack targeting cryptocurrency exchange FTX in 2022. The indictment accuses the defendants of orchestrating a SIM swap attack, hijacking the phone number of an FTX employee to gain access to…
#crypto#ftx#hackers
GeneralBeginnerThe bankrupt cryptocurrency exchange FTX has announced plans to fully repay its customers and relaunch its trading platform. This comes after FTX filed for Chapter 11 bankruptcy in November 2022, following a liquidity crisis triggered by concerns about its financial stability. The announcement was…
#crypto#ftx#wallets
