FTX

Highlights: Altcoin weakness has reached its deepest level this cycle, with 38% of tokens near historic lows. Gold above $5,000 and rising Iran tensions pushed investors away from risk assets. Bitcoin held above $65,000, while altcoins recorded sharper losses and […]

Highlights: Parsec has shut down after five years and has begun refunding all active subscriptions. NFT sales fell 37% last year, which reduced the demand for on-chain analytics tools. The post-FTX market shifts changed DeFi leverage patterns and reshaped trader […]

Highlights: Galaxy CEO Mike Novogratz believes crypto’s era of high-risk speculation is nearing its end. He predicts tokenized real-world assets will replace big crypto gains with steadier returns. Novogratz sees crypto shifting from outsized rewards to reliable returns via real-world […]

Highlights: Sam Bankman-Fried says the FTX collapse happened without his approval and claims lawyers rushed the bankruptcy. Prosecutors and courts found that customer funds were misused even as Bankman-Fried disputes insolvency. His prison statements continue to attract attention and lead […]

Highlights: The SEC is seeking multi-year leadership bans for Caroline Ellison and former FTX executives tied to the misuse of investor funds. Regulators allege that software changes allowed Alameda to access customer funds without disclosure. Civil penalties continue to shape […]

Highlights: FTX is facing renewed scrutiny after dropping its global repayment plan following major creditor opposition. FTX withdrew its motion after pressure from Chinese claimants on its bankruptcy process in Delaware. Sam Bankman-Fried insists FTX was never insolvent and blames […]

Highlights: FTX founder alleges that the SEC and DOJ worked together to stop his testimony on crypto regulation. Sam Bankman-Fried claims his arrest was political after he supported Republican candidates in 2022. The Congress is investigating the SEC after reports […]

Highlights: Fenwick denies a role in FTX, as it argues the lawsuit relies on flawed claims and stale information from past cases. Plaintiffs cite Nishad Singh’s testimony, but Fenwick says it only gave routine legal advice on common founder loans. […]

Highlights: Kroll is facing a class-action lawsuit as creditors say a breach exposed data and led to daily phishing attacks. FTX customer Jacob Repko lost 1.9 ETH after a phishing attempt linked to the Kroll data breach. The plaintiffs demand […]

Highlights: The lawsuit against Fenwick by FTX customers has cited new evidence that links the law firm to the exchange’s collapse. The plaintiffs allege that Fenwick designed structures that enabled the diversion of customer funds. The new claims accuse the […]

Highlights: The digital asset lender and the DOJ settled a crypto lawsuit to end a key dispute in its bankruptcy case. The lawsuit dismissal allows BlockFi to focus on repaying creditors without legal delays in the process. BlockFi partnered with […]

Highlights: FTX paused repayments in 49 countries, awaiting legal clearance to ensure regulatory compliance. Over 82% of the disputed claim value comes from China despite the crypto ban in 2021. Creditors have 45 days to object after receiving the Restricted […]