FTX
FTX Linked Wallets Shift $13.5M SOL as Solana Rally Takes a Breather
SOL prices have risen 150% in the past month, making it the top-performing major cryptocurrency.
Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ
Former FTX general counsel Can Sun, who was a key witness in the Sam Bankman-Fried trial, and former Alameda Research software developer Armani Ferrante are building a Dubai-based exchange called Backpack Exchange.
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.
How Does a Tax Deduction Work if an Exchange Enters Bankruptcy?
As part of CoinDesk's Tax Week 2023, Miles Fuller, Head of Government Solutions at TaxBit, joins "First Mover" to explain how FTX founder Sam Bankman-Fried's guilty verdict could give some clarity for FTX customers waiting to figure out where they stand in the company's bankruptcy proceedings and the tax treatment of any losses incurred. "The taxpayer needs to be able to show that they lost their money due to theft," Fuller said. The conviction of Bankman-Fried is going to give the customers "the ammunition they need."
Tax Implications Following Sam Bankman-Fried's Conviction
As part of CoinDesk's Tax Week 2023, TaxBit Head of Government Solutions Miles Fuller discusses how the end of FTX founder Sam Bankman-Fried's trial could provide some clarity for FTX customers as to how the company’s bankruptcy might affect their taxes. However, how the IRS might act in the context of illegal activity remains unclear.
We've Seen the FTX Collapse Before
There are overwhelming similarities between the FTX and MF Global bankruptcies — and one big difference.
Solana's SOL Rallies 20% in a Day, Erasing Woes of Past 18 Months
The Solana token's massive rally this year increases the odds that FTX customers will recoup all their lost money.
SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF; FTX's FTT Token Jumps on Gensler Comments
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Polygon Labs' new grant program for developers, SEC chair Gary Gensler's recent comments on an FTX reboot, and some Solana ecosystem tokens gaining value. Plus, bitcoin price action as the SEC opens talks with Grayscale Investments on a spot bitcoin ETF, according to a person familiar with the matter. Grayscale and CoinDesk are both owned by DCG.
FTX's FTT Token Jumps 90% on Gensler Comments
"Do it within the law," Gensler said in relation to reports of buyers emerging for the failed crypto exchange.
