FTX
Report Sheds Light on Taylor Swift's Previous Sponsorship Plan With FTX; Celsius Faces New Scrutiny
“CoinDesk Daily” host Jennifer Sanasie explores the hottest stories in crypto, as bitcoin (BTC) reacts to a blowout U.S. ADP private employment report. BlackRock CEO Larry Fink discusses the future of crypto in a new interview. Bloomberg reports Celsius and its former CEO could be named in a case brought by the CFTC. And, Taylor Swift reportedly approved a sponsorship deal with FTX last year, despite previous reports that she had walked away.
Taylor Swift Previously Approved FTX Sponsorship Deal, But Sam Bankman-Fried Backed Out: NYT
"The Hash" hosts discuss a new report from The New York Times that breaks down how NFL legend Tom Brady's sponsorship deal with FTX turned sour after the exchange filed for bankruptcy. Plus, the panel reacts to Taylor Swift's reported approval of a sponsorship deal with FTX and that Sam Bankman-Fried actually backed out of the agreement.
FTX, Three Arrows, and SEC Oppose BlockFi Bankruptcy Proposal
Proposals put forward by defunct crypto lender BlockFi are an abuse of bankruptcy rules, according to a legal filing made by FTX, with over a billion dollars of disputed transactions at stake. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the troubled lender's plans and why the proposal is also facing objections from Three Arrows Capital (3AC) and U.S. Securities and Exchange Commission (SEC).
Brett Harrison: Rebrand Would Be 'Necessary' for FTX 2.0
FTX is in talks to reboot its international crypto exchange, according to a recent Wall Street Journal report. Former president of FTX U.S. and current CEO of Architect Brett Harrison weighs in on the possibility of a FTX starting up again and whether the exchange needs to rebrand after its collapse.
Could FTX 2.0 Happen Soon?
FTX CEO John J. Ray III told The Wall Street Journal that the company “has begun the process of soliciting interested parties" to reboot its international crypto exchange. "The Hash" panel discusses the possibility of an FTX rebrand as former customers of the crypto exchange have until Sept. 29 to submit claims against the bankruptcy estate.
SBF's Motions to Dismiss Criminal Charges Rejected; What TradFi Giant Could Apply for Spot Bitcoin ETF Next?
"CoinDesk Daily" host Jennifer Sanasie breaks down the top crypto stories making headlines, including a federal judge denying FTX founder Sam Bankman-Fried's pretrial motions to dismiss criminal charges. Fidelity is reportedly expected to submit a spot bitcoin ETF filing. And, Robinhood is ending support for three tokens on Tuesday.
FTX Bankruptcy Team Says the Exchange Owed Customers $8.7B
A new report from the FTX team that’s digging through the financial guts of the failed exchange said the company owed its customers $8.7 billion after commingling and misusing their deposits, and senior executives started hiding that trouble as early as August 2022. About $7 billion in liquid assets have been recovered so far, and those searching the company’s assets "anticipate additional recoveries." Wilk Auslander LLP Partner Eric Snyder discusses the latest developments in FTX's bankruptcy case.
Alameda Seeks to Claw Back $700M Paid to ‘Super Networkers’
Alameda Research, the hedge fund arm of the bankrupt crypto exchange FTX, is seeking the return of $700 million founder Sam Bankman-Fried appears to have paid for access to celebrities and politicians. "The Hash" panel discusses the details from the latest court filing.
FTX’s Bankruptcy Fees on Track to Be 'Very Expensive', Court Examiner Says
The wind-up of crypto exchange FTX is set to be “very expensive by any measure” with professional fees already amounting to over $200 million, a court-appointed examiner said in a filing. "The Hash" panel shares their reactions to the escalating legal fees in FTX's bankruptcy case.
