FTX


Finance

FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi's Investment Arm

The agreement requires approval from a Delaware bankruptcy court as the failed exchange seeks to raise funds for creditors.

(Carmen Martínez Torrón/Getty Images)

Consensus Magazine

A Closer Look at FTX’s Most Recent Bankruptcy Documents

The exchange owes customers $1.6 billion in bitcoin, and only has $6 million of it on hand.

(Getty Images)

Videos

Alameda Sues Grayscale and DCG To Allow Redemptions, Reduce Fees

FTX sister company Alameda Research has filed a lawsuit against crypto asset manager Grayscale Investments seeking injunctive relief to realize what it claims is over $250 million in asset value for the FTX Debtor’s customers and creditors. "First Mover" hosts weigh in on the latest developments. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

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Finance

FTX Bankruptcy Special Counsel, Advisers Bill $38M for January

FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants and financial advisers working on the case.

New FTX CEO John J. Ray III (C-Span)

Videos

GBTC Discount Narrows; Alameda Sues Grayscale and DCG To Allow Redemptions

The Grayscale Bitcoin Trust (GBTC) discount to net asset value has fallen to its lowest level in a month, ahead of oral arguments in federal court on Tuesday related to Grayscale's SEC lawsuit. Meanwhile, FTX sister company Alameda Research has filed a lawsuit against Grayscale Investments seeking injunctive relief to realize over $250 million in asset value for the FTX Debtor’s customers and creditors. DCG is the parent company of CoinDesk and Grayscale.

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Policy

FTX Bankruptcy Examiner Denial Appealed by U.S. Government

An independent investigation could cost as much as $100 million, the federal court in Delaware has previously been warned.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

Policy

Bankman-Fried Should Have Only Flip Phone, Website Whitelist, DOJ Says

The bail conditions clampdown comes after suspicions of witness tampering.

Sam Bankman-Fried leaving court on Feb. 16, 2023 (Liz Napolitano/CoinDesk)

Markets

First Mover Americas: Crypto Markets Sinking on Silvergate

The latest price moves in crypto markets in context for March 3, 2023.

Silvergate Bank collapsed in 2023. (Will Foxley/CoinDesk)

Videos

Bitcoin’s Worsening Liquidity Draws Concerns From Traders: Data

Data from blockchain analytics firm Kaiko shows that liquidity is worsening for bitcoin, with order-book depth hitting lower levels than were seen following the collapse of FTX. In the meantime, Kaiko notes that Coinbase volumes have seen a rise in interest in altcoins at the expense of bitcoin and ether. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

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