FTX

Policy

The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned

By Jack SchicklerSet 13, 2023

Policy

The FTX founder lost his bid for a “temporary release” from jail ahead of trial.

By Nikhilesh DeSet 12, 2023

Markets

Crypto markets slumped Monday amid concern FTX will unload some of its $3.4 billion of crypto assets.

By Krisztian SandorSet 12, 2023

Matrixport said in a Monday report that at least $3.4 billion worth of crypto is likely to be sold by FTX, so it can return fiat currency to its users instead of tokens, which should create an overhang for altcoins for the rest of the year. "First Mover" host Jennifer Sanasie and The Tie director of content Lawrence Lewitinn discuss the key takeaways.

Set 12, 2023

In a Monday night filing, defense attorneys for Sam Bankman-Fried fired back against prosecutors wanting to disqualify proposed expert witness testimony, claiming that the U.S. Department of Justice is pushing to prevent the FTX founder from having a fair trial. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the latest legal developments.

Set 12, 2023

Bitcoin (BTC) jumped above $26,000 and reversed Monday's decline to three-month lows under $25,000, a move best described as a short squeeze. Tactive Wealth Advisor Eddy Gifford discusses his crypto markets outlook, as investors digest the possibility of FTX securing approval from bankruptcy court to sell assets from its $3.4 billion of cryptocurrency holdings.

Set 12, 2023

Markets

The shift from positive correlation comes amid concerns the looming $3 billion FTX liquidations will crater the crypto market.

By Omkar GodboleSet 12, 2023

Markets

Alternative cryptocurrencies could take a hit as FTX looks to shed its $3.4 billion stash of digital assets, crypto services provider Matrixport noted.

By Krisztian SandorSet 11, 2023

Attorneys for Sam Bankman-Fried are clapping back at the Department of Justice in a new memo Friday, claiming prosecutors exaggerated the amount of access FTX founder really has to defense material. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the arguments in the letter and whether Bankman-Fried has a chance to be released from jail ahead of his trial in October.

Set 11, 2023

Policy

The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year.

By Jack SchicklerSet 11, 2023