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Tag: ftx bankruptcy

FTX Settles $24 Billion Tax Dispute with Internal Revenue Service

Blockchain
FTX has reached a settlement with its largest creditor, the Internal Revenue Service (IRS). This agreement resolves a significant $24 billion tax dispute that has been...

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Key Points | Mar. 20, 2024 | Biggest Single Day Loss in Crypto Since FTX | BitPinas

Blockchain
Welcome to BitPinas Key Points: Easily digestible news in concise formats for easy reading. Let’s check the latest crypto news stories in the last 24 hours...

SBF’s Lawyers Respond to ‘Disturbing’ 50-Year Sentence That Cast Him As ‘Depraved Super-Villain’ – Unchained

Blockchain

Solana Chasing BNB Chain, Race To 5% Market Dominance Heats Up

Blockchain
The dominance war is on. CoinMarketCap data shows that Solana and BNB Chain, two popular smart contracts platforms after Ethereum, are emerging as strong...

BlockFi Founder Zac Prince Addresses Insolvency and Future Plans

Blockchain
Blockchain News Zac Prince updated about the bankruptcy process’s effectiveness.  The founder of BlockFi recalls taking part in the Sam Bankman-Fried (SBF) trial. Ex-CEO and founder of...

S&C Under Fire: FTX’s Bankruptcy Legal Counsel Faces Lawsuit

Blockchain
The collapse of the digital asset exchange FTX has sparked a legal firestorm, with investors taking aim at Sullivan and Cromwell (S&C), the law...

Bitcoin Braced For Potential Market Shake-Up With Genesis Cleared To Sell $1.6B GBTC Shares

Blockchain
Advertisement &nbsp &nbsp Bitcoin has shocked its skeptics and skyrocketed to highs not seen since...

Weekly Recap: Crypto Enforcement, Ripple Hack, And FTX Plans – CryptoInfoNet

Blockchain
This week saw a surge in global crypto enforcement actions, with the U.S., Germany and Hong Kong taking center stage. Ripple co-founder and chairman...

CFTC Asserts Authority In DeFi Space At Forum – Thomson Reuters Institute – CryptoInfoNet

Blockchain
It could be said that 2023 has been a year of setbacks in crypto for the U.S. Securities and Exchange Commission (SEC) — or...

Bitcoin Drops Below $39K Following ETF Debut, Investors Sell-the-News Event Continues – CryptoInfoNet

Blockchain
Bitcoin (BTC) dropped below $39,000 during Tuesday’s European trading hours, erasing almost all of the gains made in the past two months in anticipation...

Crypto Analyst Sounds Alarm: Bitcoin Price Set To Plunge Lower

Blockchain
The Bitcoin price experienced a further sell-off yesterday and fell by more than 5% intraday to as low as $40,660. Since the year-to-date high...

Bitcoin Retreats: ETF Dream Fades, Price Tumbles Under $42,000

Blockchain
In a dramatic turn of events, Bitcoin prices plummeted Friday, erasing almost 10% of its value and dashing hopes of a sustained rally fueled...

Fintech Nexus Newsletter (December 19, 2023): FTX unveils proposal to pay back creditors

Crowdfunding
With the trial of Sam Bankman-Fried in the spotlight last month it is easy to forget that there is still the massive FTX bankruptcy...
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