FTT

FTX Finds $7.3 Billion in Liquid Assets; Lawyers Consider Rebooting Shuttered Crypto Exchange

April 13, 2023 Bitcoin.com

accounting

FTX debtors revealed during a hearing on April 12th that the restructuring team has collected $7.3 billion in liquid assets. The exchange is currently considering a relaunch, according to a lawyer representing the defunct cryptocurrency exchange. Following the announcement, the exchange’s token, FTT, increased by over 70%, rising from $1.30 to $2.35 per unit. Lawyers […]

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Robert Kiyosaki: Market Collapse Has Begun—Bitcoin’s Comeback Will Be Massive

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

March 3, 2023 Bitcoin.com

$8.9 billion

On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies […]

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Robert Kiyosaki: Market Collapse Has Begun—Bitcoin’s Comeback Will Be Massive

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

February 26, 2023 Bitcoin.com

addresses

2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also eroded trust. The following is a look at […]

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Robert Kiyosaki: Market Collapse Has Begun—Bitcoin’s Comeback Will Be Massive

Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase

February 15, 2023 Bitcoin.com

AI research

A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating the tokens to Polaris Ventures, a […]

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Robert Kiyosaki: Market Collapse Has Begun—Bitcoin’s Comeback Will Be Massive

Examining the Holdings of 5 Centralized Crypto Exchanges: A Look at Binance, Okx, Crypto.com, Bitfinex, and Huobi

January 22, 2023 Bitcoin.com

Alameda Research

After FTX collapsed, the incident prompted many major crypto exchanges to publish proof-of-reserves and lists of known addresses so users can verify the solvency of the trading platforms. While the veracity of these proof-of-reserve lists and asset dashboards is debatable, they do provide some insight into the large sums of cryptocurrency held in custody by […]

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Robert Kiyosaki: Market Collapse Has Begun—Bitcoin’s Comeback Will Be Massive

FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings

January 19, 2023 Bitcoin.com

Assets

Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid assets.” However, two of the firm’s top cryptocurrency caches are not liquid as the company’s […]

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Robert Kiyosaki: Market Collapse Has Begun—Bitcoin’s Comeback Will Be Massive

2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week

January 17, 2023 Bitcoin.com

1 week stats

The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the top ten cryptocurrencies, like bitcoin and ethereum, are performing well, a […]

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Robert Kiyosaki: Market Collapse Has Begun—Bitcoin’s Comeback Will Be Massive

Sam Bankman-Fried’s Lawyers Say $5,000,000,000 in Assets Now Recovered From Collapsed Crypto Exchange: Report

January 11, 2023 The Daily Hodl

Bankruptcy

Sam Bankman-Fried’s attorneys are revealing that billions of dollars worth of liquid assets has been recovered from bankrupt crypto exchange FTX. According to a new report by CNBC, lawyers representing the disgraced former CEO have told a judge that $5 billion in cash, digital assets, and other securities have been recovered from FTX. Attorney Adam […]

The post Sam Bankman-Fried’s Lawyers Say $5,000,000,000 in Assets Now Recovered From Collapsed Crypto Exchange: Report appeared first on The Daily Hodl.

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Robert Kiyosaki: Market Collapse Has Begun—Bitcoin’s Comeback Will Be Massive

FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges

January 11, 2023 Bitcoin.com

Alameda

As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that threshold. FTT Token Jumps 28% Rising Above […]

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Robert Kiyosaki: Market Collapse Has Begun—Bitcoin’s Comeback Will Be Massive

SEC Charges Against FTX, Alameda Execs Wang and Ellison Reveal Key Findings, US Regulator Says FTT Is a Security

December 23, 2022 Bitcoin.com

Attorney Williams

On Dec. 21, 2022, members of U.S. law enforcement detailed that FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline Ellison have pleaded guilty to financial fraud charges. The recent charges against Wang and Ellison highlight some key findings and according to the U.S. Securities and Exchange Commission (SEC), FTX’s exchange token FTT is considered […]

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Robert Kiyosaki: Market Collapse Has Begun—Bitcoin’s Comeback Will Be Massive