Sam Bankman-Fried, CEO of FTX, has enlisted experts as witnesses in an intellectual property dispute. These experts could charge as much as $1,200 per hour for their testimony. Bankman-Fried is intent on making sure the case is heard in court.
FTX has indefinitely suspended multiple user accounts due to concerns of unauthorized access following the recent Kroll cyber breach. No further details have been provided about the affected accounts.
Galaxy Digital and FTX have joined forces to establish a crypto-asset safe haven in an effort to secure the remaining crypto assets for the future. This new partnership ensures that crypto investors can protect their investments from market volatility.
Computer security firm Kroll has confirmed that a data breach has occurred, impacting cryptocurrency exchange FTX. User information, including name, date of birth and address, has been compromised in the breach.
DAN: FTX, a cryptocurrency derivatives exchange, has recently announced a partnership with Galaxy Digital, a digital asset merchant bank, to stake and hedge crypto assets. This partnership will allow FTX to give back FIAT […]
The embattled crypto derivatives exchange FTX is in hot water yet again, as an ex-Alameda engineer revealed startling details about the firm’s alleged wrongdoings in a highly publicized statement. Investors are now awaiting the outcome of an independent investigation into the claims.
Sam Bankman-Fried, founder of FTX, is claiming he was misled by his lawyers at Fenwick & West, blaming them for wrongful advice he is now being accused of by the SEC.
FTX CEO Sam Bankman-Fried has pled not guilty in the latest hearing of his ongoing trial. This decision marks the next stage in a complex legal process, with Bankman-Fried seeking to clear his name after facing accusations of fraud and money laundering.
FTX and Genesis Trading have reached a settlement of $175m following a $4bn demand for a breach of contract. This follows a dispute last year between the two companies.
Mantle Network, the leading decentralized finance platform, has ceased its token migration process to prevent FTX from converting $43 million in BIT tokens to MNT. This decision follows reports that FTX was manipulating token prices and trying to flood the Mantle market.