Ftx

FTX's Sam Bankman-Fried Justifies Firm's Offer to Voyager Digital
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FTX's Sam Bankman-Fried Justifies Firm's Offer to Voyager Digital

Sam Bankman-Fried, the co-founder and Chief Executive Officer of FTX Derivatives Exchange, justified the bid the trading platform and its subsidiary Alameda Ventures extended to bail out Voyager Digital.

FTX's Sam Bankman-Fried Urges 'Federal Oversight of Crypto'
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FTX's Sam Bankman-Fried Urges 'Federal Oversight of Crypto'

FTX co-founder and Chief Executive Officer Sam Bankman-Fried said some tokens could be classified as securities and those that are not, urging a federal oversight of the crypto industry.

FTX Proposes Joint Proposal to Bailout Bankrupt Voyager's Customers
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FTX Proposes Joint Proposal to Bailout Bankrupt Voyager's Customers

FTX has announced a joint plan that seeks to see Voyager digital customers immediately receive some of their funds. The proposal expects Voyager to continue pursuing Three Arrows Capital for additional recoveries.

Bankman-Fried’s FTX In Advanced Talks to Acquire South Korea’s Bithumb
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Bankman-Fried’s FTX In Advanced Talks to Acquire South Korea’s Bithumb

FTX, a 32 billion crypto exchange, is in discussions to buy its rival Bithumb exchange. The deal is reported to be in an advanced stage, though financial terms are still undisclosed.

FTX and FTX.US Looking to Raise New Funds after Acquisition Campaign
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FTX and FTX.US Looking to Raise New Funds after Acquisition Campaign

FTX Derivatives Exchange and its American subsidiary FTX.US are exploring options to raise new sets of funds after the duo injected the bulk of the funds in supporting distressed crypto companies.

Anthony Scaramucci Suspends Redemptions of Legion Strategies Fund
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Anthony Scaramucci Suspends Redemptions of Legion Strategies Fund

Anthony Scaramucci, the founder of hedge fund SkyBridge, is suspending redemptions of his Legion Strategies fund due to operational difficulties for private companies caused by the sharp fall in the cryptocurrency market, according to Bloomberg.

Tron Founder Justin Sun Wants to Spend $5B to Save Distressed Crypto Firms
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Tron Founder Justin Sun Wants to Spend $5B to Save Distressed Crypto Firms

While there has been no news of Tron bailing out any crypto firm thus far, Sun said he is willing to commit as much as $5 billion to save distressed crypto outfits

FTX Still Has a Few Billion to Spare for Struggling Crypto Firms, Sam Bankman-Fried Says
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FTX Still Has a Few Billion to Spare for Struggling Crypto Firms, Sam Bankman-Fried Says

FTX, a leading crypto exchange, is willing to splash a few billion to help struggling companies amid the present cryptocurrency winter, according to the exchange’s CEO and founder, Sam Bankman-Fried.

FTX’s Sam Bankman-Fried Eyes Bailing Out Jittered Crypto Miners After Inking BlockFi Deal
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FTX’s Sam Bankman-Fried Eyes Bailing Out Jittered Crypto Miners After Inking BlockFi Deal

Sam Bankman-Fried, the CEO and founder of crypto exchange FTX, revealed that he was looking at the option of making acquisitions in the limping crypto mining sector

FTX Abandoned Discussions to Celsius Network Acquisition - Report
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FTX Abandoned Discussions to Celsius Network Acquisition - Report

FTX rejected the deal to bail out or buy crypto lending firm Celsius. FTX decided to shut down the negotiations and walked away after it found out a "$2 billion hole" in Celsius’ balance sheet.

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