Cryptocurrency Analysis and News Portal
Ukraine has received over $70 million in the form of cryptocurrencies since the start of the Russian-Ukrainian conflict, providing the nation with military equipment and humanitarian assistance.The figures came from a Feb. 24 report by blockchain data platform Chainalysis, which found the majority of the funds to have come in
Read More
Lawmakers in the Kansas House of Representatives have introduced a bill proposing to amend the legislature’s rules on political campaign donations.According to the bill, no person would be allowed to make or accept crypto contributions of more than $100 for any political candidate in the state’s primary or general election.
Read More
The rules also propose that crypto contributions "may only be accepted if the contribution is made and received through a United States-based cryptocurrency payment processor" that can reasonably confirm the identity of the original contributor, the document said. Original Source
Read More
FTX's new management is seeking to recover political donations made by Sam Bankman-Fried and other FTX executives until February 28, according to a statement disclosed on Feb. 5. The move is part of bankruptcy proceedings and an effort to repay the crypto exchange creditors. According to FTX attorney Andy Dietderich, the
Read More
On Sunday, FTX Group said it is sending “confidential letters” to politicians and other political beneficiaries of Bankman-Fried, his deputies and his companies, asking them to return the money by the end of the month. In a press release the debtors said they “reserve the right” to try and force
Read More
While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated millions of dollars to early Covid-19 researchers. The research was reportedly used to cast doubt on specific treatments, such as the use of ivermectin and hydroxychloroquine. Controversy Surrounds
Read More
FTX's new management is seeking to recover millions of dollars in donations made by the crypto exchange and its former CEO Sam Bankman-Fried, reports the Wall Street Journal. At the end of September, FTX's charity arm, Future Fund, had committed more than $160 million to over 110 nonprofit organizations, including biotech
Read More
Before its downfall, crypto exchange FTX and its then-CEO Sam Bankman-Fried had been some of the most prolific spenders in the space, bailing out crypto firms and donating to political campaigns and media outlets. With more than 1 million FTX creditors looking to be made whole, what’s happening with these
Read More
"To the extent such payments are not returned voluntarily, the FTX debtors intend to commence actions before the bankruptcy court to require the return of such payments, with interest accruing from the date any action is commenced," the company added. Source
Read More
Bankrupt cryptocurrency exchange FTX says it is considering using legal avenues to recover all payments and contributions handed out by its associated entities and former executives, which could include the millions in political donations made from its former CEO Sam Bankman-Fried.In a Dec. 19 press statement, FTX said it had
Read More