# ftx

Cryptocurrency analysts name the tokens that managed to recover from the largest exchange crash in history

The fall of

A representative of one of the most famous cryptocurrency exchanges was sentenced to 7.5 years in prison

Ryan Salame, a former top executive of the bankrupt FTX cryptocurrency exchange, has been sentenced to prison for misappropriating customer funds and making illegal political donations. Despite attempts to cooperate with the investigation, the court sentenced him to 7.5 years in prison, Bloomberg reports. In late January, the new management of FTX finally gave up trying to restore the exchange, which went bankrupt in 2022. The […]

The collapsed FTX exchange will pay out to victims this year

The bankrupt cryptocurrency exchange FTX has a realistic goal: to start paying out affected customers by the end of 2024. The official liquidators of FTX Digital have developed a plan to repay creditors. This is stated in the records of the meeting held in March in the Bahamas. FTX customers lost $ 8 billion, investors lost another $ 1.7 billion, and creditors lost $ 1.3 billion. At least three FTX clients […]

Sam Bankman-Fried was sentenced to 25 years in prison

The former head of the bankrupt FTX crypto exchange,

Founder of the world’s most famous cryptocurrency exchange faces 50 years in prison

Sam Bankman-Fried, the founder of the notorious FTX crypto exchange, faces a 50-year prison sentence. The fraudster was convicted in November for organizing one of the «largest financial frauds in American history.» The prosecution’s arguments boil down to Sam Bankman-Fried's fraudulent actions that led to the collapse of the FTX cryptocurrency exchange. The jury of the Manhattan federal court found him guilty on all charges, […]

The reasons for the sharp growth of the Solana cryptocurrency have become known

On March 7, Solana, a cryptocurrency created by Ukrainian developer Anatoliy Yakovenko, rose in price by 13%. This is after information about the possibility of Pantera buying a part of FTX shares appeared on the web. According to Pantera’s estimates, FTX still has at least 41 million SOL tokens, which is approximately $ 5.8 billion. Pantera Capital, a cryptocurrency heavyweight company that manages $ 5.2 billion in assets, has started raising funds […]

The reasons for the significant drop in the most famous cryptocurrency fraudster’s token have been revealed

The cryptocurrency FTT, the native token of the now-defunct FTX exchange, has recently experienced a significant drop. Speculation arose from FTX’s decision not to relaunch

Specialists of the world’s largest cryptocurrency exchange that collapsed will launch a new platform

A group of former top executives of the bankrupt FTX crypto exchange, including the main witness against the company’s ex-CEO