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Latest FTX News Market Updates

FTX Unstakes $21.5M in Solana, $619M Still Locked as Market Watches for Next Move

The bankrupt crypto exchange FTX has just unstaked a significant batch of Solana tokens set for potential liquidation. On-chain data reveals that FTX unstaked 186,300...

Sam Bankman-Fried Transferred to Oklahoma Facility Following Controversial Tucker Carlson Interview

Sam Bankman-Fried, the disgraced founder of FTX, has been moved to the Oklahoma City Federal Transfer Center (FTC) as part of the next steps...

FTX Founder SBF Campaigns to Secure Donald Trump’s Pardon

After failing to secure a presidential pardon under the Biden administration, former FTX CEO Sam Bankman-Fried (SBF) aims to get one from Donald Trump.  The...

SBF Reveals Donations to Republican Party, Hints at Suicide, Accuses FTX Bankruptcy Planners in New Interview

Sam Bankman-Fried (SBF), founder of defunct crypto exchange FTX, sheds light on his donations to U.S. politicians.  In a startling development, SBF featured in former...

FTX Unloads 3.03M Solana Worth $432.5M as Customer Repayment Gains Momentum

The defunct crypto exchange FTX has unstaked and unloaded millions of Solana into multiple wallets as customer repayment gains momentum. Solana has corrected a staggering...

FTT Token Spikes 29% as FTX Founder SBF Breaks Silence on X

Sam Bankman-Fried reappeared on social media platform X, making his first post since January 2023.  Amid this development, the FTT token, linked to FTX, saw...

FTX Pays $800M to Small Creditors; Next Payout Date Revealed

Following the commencement of the first distribution of claims to FTX creditors, top representative Sunil Kavuri has highlighted the next payment date.  In an X...

Top FTX Creditors’ Representative Shares Update on Countries Restricted from Repayments

Sunil Kavuri, a major representative of one of FTX’s creditor groups, has shared a fresh update about countries restricted from the defunct exchange’s repayment.  In...

Backpack Exchange Takes Over FTX EU for Q1 Relaunch, Vows Swift Customer Refund

The Backpack crypto exchange has acquired the European arm of the collapsed FTX exchange, FTX EU, and is planning a first-quarter launch.  Backpack CEO Armani...

FTX Resumes Customer Repayment for Convenience Class

Defunct cryptocurrency exchange FTX has resumed its customer recuperation process, targeting the convenience class in the initial distribution. The FTX bankruptcy estate kicked off its...

FTX Reveals Distribution Date for $16B Repayment to Users

FTX approaches the end of its bankruptcy process as it unveils a new date for $16 billion reimbursement to creditors. The FTX bankruptcy estate announced...

FTX Unstakes Over 178,000 Solana Tokens Amid Bankruptcy Reorganization Approval

FTX continues its regular monthly Solana redemptions following a U.S. court's approval of its reorganization plan. Early on October 15, FTX’s staking address, linked to...

Bankruptcy Judge Gives FTX Approval to Repay $16B to Users

U.S. District Judge John Dorsey approves FTX’s reorganization plan, paving the way for the distribution of $16 billion to customers of the exchange.  The judge...

Here’s When FTX Creditors With Claims of Under $50K Could Receive Compensation

A recent filing in the FTX bankruptcy case indicates that a court hearing to confirm the reorganization plan will be held on October 7.  Prominent...

Court Sentences FTX/Alameda Exec Caroline Ellison to 24 Months in Prison

U.S. District Judge Lewis Kaplan sentences Caroline Ellison, a former Alameda Research executive FTX founder SBF's ally, to two years in prison, ordering her...

Sam Bankman-Fried Requests New Trial in New Appeal Filing

Former FTX CEO, Sam Bankman-Fried, alleges that he was mistried during the last court proceeding, requesting a new hearing in his latest appeal filing. The...

FTX/Alameda Moves 231 BTC, Sending 200 BTC to Coinbase

A wallet linked to Alameda Research has transferred a large amount of Bitcoin, as reported by blockchain security firm PeckShieldAlert.  Approximately 231.4 BTC, valued at...

Court Sets Sentencing Hearing Date for Former FTX Exec Caroline Ellison 

A Manhattan federal court schedules the sentencing hearing date for former FTX and Alameda executive Caroline Ellison.  Ellison’s sentencing hearing will be held on September...

What the Crypto Market Could Experience as FTX Prepares to Repay Creditors $16B

Crypto investors express mixed reactions as popular defunct exchange FTX prepares to repay $16 billion to creditors by next quarter.  As investors anticipate FTX’s repayment...

FTX Founder Seeks Reversal of 25-Year Prison Sentence and Fraud Conviction

Lawyers representing Sam Bankman-Fried (SBF), the founder of now-defunct crypto exchange FTX, have filed an appeal notice, seeking to reverse his fraud conviction and...