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FTX Adjusts Crypto Liquidation Strategy In Response To US Trustee Concerns
Wednesday, September 13, 2023 - 11:48am | 520Beleaguered crypto exchange FTX (CRYPTO: FTT) has revised its plan to liquidate billions in cryptocurrency holdings. This move comes in response to apprehensions voiced by the U.S. Trustee, an arm of the Department of Justice. Despite the modifications, FTX will not be required to publicly announce...
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FTX Alleges Disgraced Founder SBF Is In Cahoots With Bahamas PM, Securities Commission
Monday, March 20, 2023 - 12:11pm | 426Cryptocurrency exchange FTX is seeking to strip its Bahamas-based subsidiary, FTX Digital Markets (FTX DM), of any claim over the company's assets. In a legal filing made on March 19, FTX accused the Bahamas authorities of aiding founder Sam Bankman-Fried in his attempts to evade justice. The...
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Elon Musk Countersues Twitter Over $44B Deal: Here's What You Need To Know
Saturday, July 30, 2022 - 10:12am | 407Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's battle with Twitter Inc (NYSE: TWTR) took a new turn on Friday. Musk has countersued Twitter, escalating his legal fight against the social media giant on the $44 billion deal. Musk filed the response hours after chancellor Kathaleen McCormick...