FTX
FTX is a cryptocurrency exchange that was once considered one of the world's leading digital asset platforms.
Activity
FTX's Cursor Investment Surges to $3 Billion After SpaceX Deal
The FTX estate sold its Cursor stake for a mere $200,000 in April 2023, which has since skyrocketed to $3 billion after SpaceX's involvement. This valuation jump raises questions about asset valuation practices in bankruptcy proceedings.
Sam Bankman-Fried Withdraws Motion for New Trial, Requests Judge Change
Sam Bankman-Fried has withdrawn his motion for a new trial but continues to seek a different judge. His legal team says he independently authored recent filings, highlighting ongoing judicial disputes in his case.
Sam Bankman-Fried Aligns With Trump on Iran Strikes Amid Political Pardon Speculation
Sam Bankman-Fried has backed Donald Trump's stance on Iran strikes, stirring talks of a possible presidential pardon. At the same time, his previous $100,000 donation to a Democratic candidate is used in political attacks, showing broad political repercussions linked to FTX's downfall.
Yuliya Barabash Argues Crypto's Next Cycle Will Favor Heavily Regulated Players
Yuliya Barabash predicts that the most regulated crypto entities could emerge as winners in the next cycle. She emphasizes that embracing regulation is key to attracting institutional investors and ensuring industry stability.