FTX


Policy

FTX Seeks to Recover $71M From Its Philanthropic and Life Science Arms

The firms funneled corporate funds to other organizations on behalf of their founder Sam Bankman-Fried’s "personal aggrandizement," a court filing shows.

(Pixabay)

Finance

Ex-FTX COO Constance Wang Joins Crypto Fund Sino Global

Matthew Graham, Sino Global’s founder and CEO, was a close associate of Sam Bankman-Fried during FTX’s rise.

(CraigRJD/Getty)

Policy

BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say

The crypto lender saw “the exact same balance sheet” later exposed by CoinDesk, but still put clients' money in Sam Bankman-Fried’s companies, a scathing new report claims.

BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

Finance

FTX, Celsius Bankruptcy Claims Can Now Be Sold on OPNX

Users will be able to convert their FTX or Celsius claims into the platform's reborn OX (reOX) or oUSD tokens.

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Policy

FTX Bankruptcy Lawyers Ask Court for $323M Recovery From FTX Europe Leadership

Sam Bankman-Fried and the FTX Group had paid a total amount of approximately $323.5 million in return for the acquisition of Swiss Company DAAG which would ultimately come to be known as FTX Europe.

FTX founder Sam Bankman-Fried leaves federal court in New York after his arraignment and bail hearings on Dec. 22. (Michael M. Santiago/Getty Images)

Videos

Some Users Report Issues Accessing FTX's Claims Portal Online

Cointelegraph reports some users are experiencing issues with accessing bankrupt crypto exchange FTX's newly-launched customer claims portal online. "The Hash" panel discusses the latest developments amid reported talks from FTX's new leadership to potentially revive the exchange.

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Videos

Coinbase Soars Amid Spot Bitcoin ETF Optimism; Former FTX Executive in the Hot Seat

“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including a closer look at why Coinbase's stock is jumping in the last 24-hours. Federal prosecutors in Manhattan are reportedly investigating a former FTX executive over possible campaign law violations. Algofi, the largest decentralized finance protocol on layer-1 blockchain Algorand, said it will shut down. And, a Web3 TV show helmed by the co-creator of “Rick and Morty” gets a premiere date.

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Policy

Federal Prosecutors Investigate Former FTX Executive Over Possible Campaign Law Violations: WSJ

Ryan Salame is being investigated for potentially illegally avoiding federal limits on contributions to his girlfriend's congressional campaign last year.

Former Congressional candidate Michelle Bond (Danny Nelson/CoinDesk)

Videos

Report Sheds Light on Taylor Swift's Previous Sponsorship Plan With FTX; Celsius Faces New Scrutiny

“CoinDesk Daily” host Jennifer Sanasie explores the hottest stories in crypto, as bitcoin (BTC) reacts to a blowout U.S. ADP private employment report. BlackRock CEO Larry Fink discusses the future of crypto in a new interview. Bloomberg reports Celsius and its former CEO could be named in a case brought by the CFTC. And, Taylor Swift reportedly approved a sponsorship deal with FTX last year, despite previous reports that she had walked away.

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Videos

Taylor Swift Previously Approved FTX Sponsorship Deal, But Sam Bankman-Fried Backed Out: NYT

"The Hash" hosts discuss a new report from The New York Times that breaks down how NFL legend Tom Brady's sponsorship deal with FTX turned sour after the exchange filed for bankruptcy. Plus, the panel reacts to Taylor Swift's reported approval of a sponsorship deal with FTX and that Sam Bankman-Fried actually backed out of the agreement.

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