Summary: A South Korean court ruled in favor of a freeze on assets owned by early investors of Terra’s ecosystem. Prosecutors filed to lockdown assets controlled by seven persons including…
MetaMask and PayPal are working together in order to empower the Ethereum ecosystem. The two transactional giants have found their way to collaborate in favor of crypto adoption. By the…
It’s impossible now to go a day without running into the stories of the FTX saga and a series of speeches from Sam Bankman-Fried. The damage was huge. But these…
A Bahamian magistrate has issued orders to extend the remand of Sam Bankman-Fried. The former FTX CEO was expected to drop his extradition fight today in court. SBF was reportedly…
Summary: Binance’s American division successfully bid $1.022 billion for assets under bankrupt crypto broker Voyager Digital. The deal could fast-track unlocking customer funds after Voyager collapsed in July 2022 due…
Summary: Three major publications reported that Bankman-Fried won’t contest his extradition to the U.S. Sources said the FTX founder will appear in court on Monday to update the judge on…
Summary: An exploiter stole around $2.5 million in cryptocurrencies from Solana-based decentralized exchange Raydium. The team confirmed that a hacker withdrew liquidity pool tokens from its admin wallet on Friday.…
Audit Firm Mazars recently halted operations for massive crypto exchanges, including Binance, Crypto.Com, and KuCoin, following FTX’s Collapse, according to Bloomberg. Previous audit reports have been taken down from their…
Summary: The OKB token shot up in value after Twitter CEO Elon Musk followed OKX’s account, the crypto exchange behind OKB. OKB’s price rose as high as 7% by press…
Summary: Cryptocurrency market maker Wintermute was appointed to the committee for unsecured FTX creditors. Wintermute and eight other members form the committee, according to a court document seen by EthereumWorldNews.…
Summary: Alameda’s liabilities with crypto exchange FTX were masked on the orders of Sam Bankman-Fried, CFTC officials alleged. Nishad Singh, a top executive in SBF’s crypto empire, supposedly developed code…
Summary: Alameda Research also had unlimited access to customer accounts among other special privileges at the FTX crypto exchange. The CFTC’s complaint against Sam Bankman-Fried cited insider information, chat logs,…
Summary: Binance CEO Chanpgeng Zhao pointed to FTX’s collapse as a reason for increased scrutiny of the digital asset industry. Zhao’s internal meme to Binance staff said the crypto exchange…
FTX CEO John Ray has testified before the U.S House Committee on Financial Services John Ray criticized former CEO Sam Bankman-Fried for his unacceptable business practices. The new management has…
Summary: Prosecutors from the Southern District of New York filed criminal charges against Sam Bankman-Fried on Tuesday. The unseal indictment order detailed eight counts including fraud, conspiracy, and violation of…
