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$75M worth of FTX’s political donations at risk of being recalled due to bankruptcy: Report

Following the collapse of FTX and its Nov. 11 bankruptcy filing, $73 million worth of its political donations is currently at risk of being recalled to repay the failed exchange’s creditors, according to a report by Bloomberg.Speculators online allege that the former FTX CEO and his executives sought to influence industry

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Addresses That Sat Idle for Years Transferred 1,221 Bitcoins Worth $20M Over the Last 4 Days – Bitcoin News

During the last seven days, bitcoin’s price has remained above the $16K region following the aftermath of FTX’s collapse. Since then, a number of ‘sleeping bitcoins’ that sat idle for five to nine years have been moving during the last four days. Bitcoins that were worth far less back then

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Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils – Exchanges Bitcoin News

Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be used by the company’s senior executives, quoted documents have revealed. Bankman-Fried’s Parents Trying to Return Vacation Home to FTX FTX, the parents

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950 FTX Users in Taiwan Had Digital Funds Worth $150 Million Held on the Exchange When It Collapsed – Featured Bitcoin News

At the time of FTX’s collapse, about 950 users in Taiwan had a total of $150 million worth of digital assets stored or held at the crypto exchange, a law firm has reportedly said. FTX users in Taiwan were reportedly investing in interest-bearing digital assets using cheap funds borrowed from

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FTX bankruptcy freezes millions worth of crypto company funds

The collapse of the cryptocurrency exchange FTX continues to have knock-on effects throughout the crypto industry with multiple crypto-focused companies reporting significant amounts of their capital stuck on FTX.Between Nov. 11 to 14 three crypto companies announced large losses with one of them having to lay off workers to deal

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