FTX

Cryptocurrency platform FTX declared bankruptcy in 2022, sending the cryptocurrency market lower and leading to charges against CEO and co-founder Sam Bankman-Fried, who was later found guilty on fraud charges. Before the bankruptcy and Bankman-Fried's collapse, the cryptocurrency figure had taken...

Cryptocurrency Solana (CRYPTO: SOL) is up over 500% year-to-date in 2023, outpacing the returns of leading cryptocurrencies Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Interest in Solana is increasing from investors around the world. Here's a look back at a key moment in Solana and...

In its final move to end the bankruptcy case, FTX has taken a step forward to launch a yet-to-be-approved proposal for returning money to creditors. What Happened: FTX Trading (CRYPTO: FTT) looks to end its bankruptcy case by launching a proposal to return significant money to customers and...

Attorneys for the beleaguered cryptocurrency exchange FTX (CRYPTO: FTT) have contested the Internal Revenue Service's (IRS) claim of owing back taxes amounting to $24 billion, arguing that the IRS should substantiate its claims and clarify how it estimated the back taxes owed. In a filing...

Brett Harrison, the ex-president of FTX US and a former colleague of Sam Bankman-Fried (SBF) at the quantitative trading firm, Jane Street, forsees Bitcoin (CRYPTO: BTC) reaching a range of $50,000 to $55,000 in Q1 of 2024.  What Happened: Harrison says that hinges on ...

Just a over month ago, the cryptosphere resembled a post-apocalyptic wasteland. The FTX (CRYPTO: FTT) fallout, regulatory headwinds and global economic tremors had left investors cowering under a blanket of fear. Bitcoin (CRYPTO: BTC), the once-mighty digital messiah, was dethroned, its price...

The U.S. Securities and Exchange Commission (SEC) continues its probe into Binance (CRYPTO: BNB) and its founder Changpeng Zhao for possible control over assets on the Binance.US platform. In June, the SEC accused both entities of running unauthorized securities exchanges, focusing on the...

JPMorgan (NYSE: JPM) has expressed a positive outlook on the recent settlement between Binance (CRYPTO: BNB) and the U.S. government, highlighting its beneficial impact on both the cryptocurrency sector and the exchange itself, according to a research report released on Thursday. The report...

This week, Binance and its CEO, Changpeng Zhao, acknowledged breaches of anti-money laundering and U.S. sanctions laws. As part of a settlement with the Justice and Treasury Departments and the Commodity Futures Trading Commission, Zhao will step down as CEO, contributing $50 million to the...

FTX’s native token FTT (CRYPTO: FTT) surged by 16% in the last 24 hours. The rise comes after the revelation that Binance CEO Changpeng Zhao, also known as “CZ,” is stepping down as part of an agreement with the Department of Justice.  What Happened: Binance’s native...

As families in the United States warm up their homes for Thanksgiving festivities, the temperature in the cryptocurrency market seems to be moving in the opposite direction, symbolizing the financial chills that November has historically brought upon the crypto sector. What Happened: Binance, the...

Binance (CRYPTO: BNB) CEO, Changpeng Zhao is reportedly set to resign and admit guilt Tuesday to U.S. criminal charges related to anti-money laundering violations. What Happened: This move is part of an agreement potentially safeguarding the company's operational future,...

Former FTX CEO Sam Bankman-Fried was found guilty on seven counts of criminal fraud in a highly publicized trial that ended in early November. A former FTX employee shared with Benzinga some insight into business at FTX and more. What Happened: Now the founder and CEO of Architect, Brett Harrison...

Former FTX US president Brett Harrison highlighted the potential approval of Bitcoin ETFs during a private roundtable event at Benzinga's Future of Digital Assets. What Happened: The price of Bitcoin (CRYPTO: BTC) popped several times based on institutions applying for Bitcoin ETFs, Harrison said....

Former FTX CEO Sam Bankman-Fried was recently found guilty on seven counts of criminal fraud. The highly publicized trial of the former cryptocurrency platform executive has been one of the biggest news pieces for the sector and could mark the end to a negative event dragging down crypto. Here's a...