Crypto Exchange

A cryptocurrency exchange or a digital currency exchange is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.
FTX Liquidators in Bahamas Move Case From New York to Delaware
FTX Liquidators in Bahamas Move Case From New York to Delaware
November 22, 2022  |  Cryptocurrency

Bahamian liquidators who had filed a case related to the bankruptcy of FTX in New York have agreed to transfer that case to Delaware, where...

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FTX’s First Day in Court: ‘Personal Fiefdom of Sam Bankman-Fried’
FTX’s First Day in Court: ‘Personal Fiefdom of Sam Bankman-Fried’
November 22, 2022  |  Cryptocurrency

Almost a full two weeks after first filing for bankruptcy on Nov. 11, the insolvent cryptocurrency exchange FTX finally held its first-day motion requests on...

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Crypto Exchanges Not Immune to Bitcoin’s Freefall
Crypto Exchanges Not Immune to Bitcoin’s Freefall
November 21, 2022  |  Cryptocurrency

As bitcoin trades below $16,000 and through another key psychological barrier, investors and observers can only wonder, What’s next? While round numbers tend to serve...

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FTX Bankruptcy Hearing to Start in US Court as Creditors Wait for Answers
FTX Bankruptcy Hearing to Start in US Court as Creditors Wait for Answers
November 21, 2022  |  Cryptocurrency

It has not been a pleasant month for troubled crypto trading platform FTX, which until recently was one of the largest industry players. Things have...

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FTX Considers Sale as Top 50 Creditors Seek $3.1B
FTX Considers Sale as Top 50 Creditors Seek $3.1B
November 20, 2022  |  Cryptocurrency

Bankrupt cryptocurrency exchange FTX owes its top 50 creditors close to $3.1 billion and is reportedly considering either a sale or reorganization. Meanwhile, FTX’s new...

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How the Entangled CEOs of FTX and Alameda Took the Public for a Ride
How the Entangled CEOs of FTX and Alameda Took the Public for a Ride
November 18, 2022  |  News

At the heart of the FTX implosion, which has reportedly left nearly a million former customers and investors who trusted the exchange empty-handed, is the company’s...

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Sam Bankman-Fried Sold $300M Stake in FTX in October 2021 
Sam Bankman-Fried Sold $300M Stake in FTX in October 2021 
November 18, 2022  |  Cryptocurrency

When FTX raised $420 million from investors in October 2021, $300 million of that amount reportedly went to the cryptocurrency exchange’s then-CEO Sam Bankman-Fried.  The...

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Hong Kong’s Genesis Block Stops Trading and Will Close OTC Portal 
Hong Kong’s Genesis Block Stops Trading and Will Close OTC Portal 
November 18, 2022  |  Cryptocurrency

Hong Kong-based cryptocurrency retail service provider Genesis Block has reportedly ceased trading, asked its customers to withdraw their funds and told them it would close its over-the-counter...

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Liquidators Object to FTX Subsidiary’s Bankruptcy
Liquidators Object to FTX Subsidiary’s Bankruptcy
November 16, 2022  |  Cryptocurrency

Liquidators in the Bahamas dealing with the collapse of crypto exchange FTX say they “reject the validity” of the company’s bankruptcy proceedings in the U.S. That’s according...

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