FTX


Policy

FTX Claims Holder Attestor Takes Creditor to Court Over Alleged 'Seller’s Remorse'

The London-based firm says the creditor promised to fork over two FTX accounts, only to back out of the deal after the value of its claims skyrocketed.

The now-former FTX Arena (Danny Nelson/CoinDesk archives)

Finance

Pantera Looks to Purchase Discounted Solana Tokens With New Fund: Bloomberg

Prices of Solana’s SOL are up nearly 600% over the past year, CoinGecko data shows.

Pantera CEO Dan Morehead (Shutterstock/CoinDesk)

Policy

BlockFi Settles With FTX, Alameda Estates for $874.5M

The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan.

BlockFi CEO Zac Prince (right) (Danny Nelson/CoinDesk)

Videos

Bitcoin Pushes Through $60K on Bull Rally; What Should Sam Bankman-Fried's Sentence Be?

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin (BTC) roared past the $60,000 level, hitting a two-year high since November 2021. Plus, court filings show that Sam Bankman-Fried’s attorneys requested a prison term of no more than 6.5 years for the convicted FTX founder. And, BlackRock's spot bitcoin ETF scored over $1.3 billion in daily trading volume for the second consecutive day.

Recent Videos

Finance

Solana Veterans Raise $17M for 'Backpack' Crypto Wallet, Exchange

Armani Ferrante's and Tristan Yver's startup raised the funds at a $120 million valuation.

Armani Ferrante (Danny Nelson/CoinDesk)

Policy

FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules

The motion to sell around 7.84% of Anthropic that FTX held as of January 2024 had been filed in early February 2024.

John J Ray III took over as FTX CEO in November 2022 (House Committee on Financial Services)

Finance

Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure: FT

Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with the now-bankrupt crypto exchange FTX.

Switzerland flag (Stephen Leonardi/Unsplash)

Markets

Worldcoin’s Rocketing WLD Token Could Benefit Creditors of Three Arrows Capital, FTX

However, WLD prices may run into headwinds as a token unlock worth $165 million is set to begin today, occurring until Feb.26, data from Token Unlocks show.

The worldcoin orb. (Danny Nelson/CoinDesk)

Policy

Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect

Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases.

Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)

Finance

FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse

The bankrupt exchange's unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)