All you need to know about Crypto Trading with Leverage
Crypto traders use leverage to enhance their cryptocurrency position by borrowing funds from a broker or exchange. This article covers all you need to know about leveraged crypto trading. Despite the backlash, several cryptocurrency exchanges continue to provide traders with the option of using leverage when trading. Leveraged trading existed long before cryptocurrencies did. Nonetheless, […]
Judge denies request to consolidate class-action lawsuits against FTX
Investors’ proposed class-action lawsuits against the FTX exchange were not consolidated by a U.S. judge, according to the judge the defendants had not had the opportunity to respond. On March 8, United States District Judge Jacqueline Scott Corley issued the ruling that rejected plaintiffs’ requests to combine a total of five proposed class action lawsuits […]
FTX Japan Permits Full Fund Withdrawals
Users of FTX Japan have begun withdrawing all of their monies as the litigation between FTX and SBF waits patiently for a resolution. As Changpeng Zhao, the CEO of Binance, indicated the cryptocurrency exchange would liquidate its sizeable holdings of FTX Token (FTT $1.51), the crypto platform delayed fund withdrawals on November 7, 2022. On […]
FTX warns customers of scammers promising return of assets
The insolvent cryptocurrency exchange FTX has notified customers of recent schemes by scammers one of which is offering them the prospective return of their assets and taking advantage of their vulnerability. Customers of FTX were warned on February 3 about recent scam efforts by con artists, including requests for money, fees, payments, or account passwords. […]
FTX files lawsuit to recover $446 Million from Voyager
Bankrupt crypto exchange FTX has filed a lawsuit against bankrupt crypto lender Voyager Digital to recover $446 million in loan repayment that was made by the former before filing for bankruptcy. According to sources, the insolvent cryptocurrency exchange FTX sued cryptocurrency lender Voyager Digital on Monday in an attempt to recoup $445.8 million in loan […]