FTX Sues Bybit to Claw Back $953M in ‘Misappropriated Funds’
The FTX estate says the funds were “preferentially” or “fraudulently” transferred to Bybit and affiliates in the lead-up to its November 2022, bankruptcy filing.
FTX
We’ve Seen the FTX Collapse Before
Jon Corzine and Sam Bankman-Fried were both politically-connected business leads who lost over $1 billion in customer funds, though their different outcomes shows that regulation does not always achieve what is promised. (Wikimedia Commons/CoinDesk)
Solana’s SOL Rallies 20% in a Day, Erasing Woes of Past 18 Months
Solana price (CoinDesk)
FTX’s FTT Token Jumps 90% on Gensler Comments
FTT, the native token of defunct cryptocurrency exchange FTX, has surged by 90% following comments from SEC chairman Gary Gensler in relation to a potential reboot of the exchange that collapsed one year ago.
Solana Tokens Sees Risky Bets Increase After End of Sam Bankman-Fried Trial
Bonk took center stage in the Solana ecosystem in January as sentiment around the blockchain network took a hit in the aftermath of the Sam Bankman-Fried and FTX exchange debacle.
Crypto Traders Are Ready to Move Past Sam Bankman-Fried
FTX was old-fashioned criminal fraud. SBF never believed in decentralization. And now the industry can move on.
Celsius Winner Proof Group Is in Running to Relaunch FTX, Sources Say
The Silicon Valley investment firm was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius.
A Tale of 2 SEC Commissioners
SEC Commissioner Hester Peirce (Danny Nelson/CoinDesk)
Who Won and Lost Most in Sam Bankman-Fried’s Criminal Scheme?
(MIT Bitcoin Club, Mercatus Center, Cointelegraph/Wikimedia Commons, modified by CoinDesk)