FTX crypto exchange owes biggest creditors $3.1bn
Collapsed crypto exchange FTX has revealed it owes its 50 biggest creditors nearly $3.1bn, as it presses ahead with bankruptcy. The crypto exchange, FTX, which was formerly led by disgraced founder Sam Bankman-Fried, said in court documents released yesterday and obtained by Reuters that it owed over $1.45 billion to only its top 10 debtors. […]
FTX Begins Strategic Review Of Global Assets
FTX debtors are in talks with finserv firm Perella Weinberg Partners for various sale or reorganization attempts. However, the engagement of PWP is subject to the bankruptcy court’s approval. The defunct cryptocurrency exchange FTX and 101 of the 130 affiliated companies announced the beginning of a strategic review of their global assets as part of […]
FTX hacker swaps millions in ETH for RenBTC Tokens
Whoever was responsible for the $600 million FTX cryptocurrency exchange hack started trading ether for Ren Bitcoin (renBTC). Over the past week, FTX funds were gradually converted to ether, making the exploiter one of the token’s largest holders, as previously reported .The use of renBTC may surprise some in the crypto space: The trading arm […]