Bear Market
Venture crypto investing down 75%, but ‘native-VCs’ continue staying course
Crypto specific VC firms continue investing billions despite recent scandals and the general price lull.
Samuel Wan 2 min read
FTX News
Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
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Top FTX Stories
Tokenization
FTX User Debt (FUD) tokens decline 10% as 18M burn becomes imminent
DebtDAO's FUD token rallied to as high as $115 on Feb. 5, forcing the DAO to consider burning majority of the token's supply.
Legal
Class-action lawsuit alleges Signature bank ‘permitted’ FTX comingling customer funds
Signature bank was accused of aiding and abetting the FTX fraud and the breach of its fiduciary duties.
Latest FTX News & Analysis
Legal
SBF lawyers reach agreement on messaging apps usage
SBF will be allowed to use messaging apps including FaceTime, Zoom, iMessage, SMS, emails, Facebook, and WhatsApp — but not Signal.
Bankruptcy
FTX’s bankruptcy judge is undecided on appointing independent examiner
Judge John Dorsey wants the parties involved to reach an agreement on the matter.
Bankruptcy
Potential buyers looking to purchase Hodlnaut and its FTX claims
Around $14 million worth of assets, or 72% of the assets Hodlnaut deployed on centralized exchanges were on FTX.
Adoption
Crypto companies scale back massively for Super Bowl LVII
Crypto spend is now focused on user experience, products, and customer service, rather than glitzy adverts.
Adoption
Over 600,000 small addresses FOMO’ed into Bitcoin at $20k
Bitcoin analysts said this cohort accumulation is good for the network because it would make the asset more decentralized over time.
Tokenization
Justin Sun backs FTX Debt token ‘FUD’ in possible securities law breach
Debt DAO issued 20 million FUD tokens valued at $1 each. It will issue and airdrop additional tokens after FTX confirms the debt amount.
More FTX News Headlines
Legal
DOJ probes Silvergate over FTX, Alameda ties
Legal
SBF wins Texas case alleging violations of securities laws via FTX offerings
Legal
SBF restricted from using Signal, communicating with FTX employees
Bankruptcy