REN price dropped to a low of $0.94 after the Ren protocol announced it would transfer all crypto assets to FTX debtor wallets. Ren says all assets will be sent to a cold storage walletRead More
a class action lawsuit “FTX Influencers”, led by Edwin Garrison, has been sued against “FTX Influencers” for facilitating a massive cryptocurrency scam totaling over $1 billion. In addition to previous celebrities like Shaquille, the lawsuitRead More
advertisement FTX executive Nishad Singh was indicted by two US regulators on Feb. 28, adding further allegations to the list of federal indictments he received earlier in the day. The US Securities and Exchange CommissionRead More
advertisement Former FTX executive Nishad Singh has agreed to plead guilty to six U.S. criminal charges filed against him in a lawsuit against the collapsed exchange, Reuters reported on Feb. 28. . The charges areRead More
Nishad Singh was the Co-Leader of Engineering at FTX. The SEC says a former executive wrote the software Sam Bankman-Fried used to divert FTX customer funds to Alameda Research. According to the SEC complaint, SinghRead More
Japan’s Financial Services Agency asked FTX Japan to cease operations ahead of US bankruptcy filing. In December, FTX branches applied for permission to resume withdrawals. Customers are asked to verify their account balance before resumingRead More
advertisement Two notable developments regarding bankrupt cryptocurrency company FTX and its former CEO Sam Bankman-Fried occurred in court on February 15th. Stanford University members sign SBF bail Earlier, Judge Lewis Kaplan allowed two individuals whoRead More
advertisement A charity founded by former FTX executive Ruairi Donnelly is trying to recover $30 million in locked funds from frozen accounts held at bankrupt exchanges. wall street journal report. According to the Wall StreetRead More
advertisement In November 2022, the world will The sudden collapse of one of the largest crypto exchanges in the cryptosphere. FTX has largely faced a liquidity crisis, with its founder and former CEO Sam Bankman-FriedRead More
Web3 blockchain designed for gamers, XPLAlater approved a governance proposal to support XPLA holders whose tokens were trapped. FTX filed for bankruptcy. The proposal was unanimously approved and the vote was held from January 24thRead More