Ftx Sues Binance And Former Ceo Zhao For 1 8 Billion In Fraudulent Transaction Claims

FTX Sues Binance and Former CEO Zhao for $1.8 Billion in Fraudulent Transaction Claims

By Tehniyat Zafar ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Future Exchange (FTX), the bankrupt cryptocurrency exchange, has filed a lawsuit against Binance Holdings Ltd. and its former CEO, Changpeng Zhao, seeking nearly $1.8 billion…

Sam Bankman Fried

Sam Bankman Fried Gets Approval to Receive Adderall for ADHD While in Jail

By Abdullah Shahid ⏐ 2 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Under custody until his trail in October, Bankman is said to have a history of depression alongside attention deficit hyperactivity disorder (ADHD) Sent to jail…

Crypto card

Mastercard Plans to Expand its Crypto Card Program With New Partnerships

By Abdullah Shahid ⏐ 2 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Mastercards has already partnered up with multiple cryptocurrency firms including Binance, Nexo and Gemini to offer crypto-linked payment cards Mastercard’s head of crypto and blockchain…

SVB crypto

Crypto Coins Stabilize as US Announces Plans to Limit SVB Fallout

By Abdullah Shahid ⏐ 2 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Both cryptocurrencies and crypto based stocks began to stabilize after the US government announced to limit the fallout from the Silicon Valley Bank After Silicon…

NFTs

Meta to Cut Off Support for NFTs as Crypto Market Spirals

By Abdullah Shahid ⏐ 2 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Rolling it out just last year, Meta will no longer support digital collectibles or non-fungible tokens (NFTs) on all its platforms Meta, the parent to…

Coinbase layoffs

Coinbase Lays Off 20% of its Employees as Crypto Winter Continues

By Abdullah Shahid ⏐ 2 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

According to estimates, around 950 employees are laid off from Coinbase, In an another layoff round back in June 2022, the company let go around…

Sam Bankman Fried arrives US

FTX Founder Sam Bankman Fried Lands in US to Face Charges

By Abdullah Shahid ⏐ 2 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Extradited on suspicion of committing “one of the biggest financial frauds”, FTX founder Bankman landed in Newyork today Founder and the ex CEO of FTX…

FTX CEO Sam Bankman Fried

“I Hope to Make Money and Pay People Back” Says Sam Bankman Fried

By Abdullah Shahid ⏐ 3 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Sam Bankman Fried said that he hopes to start another business and make enough money to pay back all FTX creditors While the FTX fall…

BlockFi Bankruptcy

Following FTX, Crypto Firm BlockFi Also Files for a BankRuptcy

By Abdullah Shahid ⏐ 3 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Another major crypto firm ‘BlockFi’ has now been significantly affected by the damaging ripple waves caused by the FTX burning collapse just weeks ago. BlockFi…

FTX

Fallen Crypto Exchange FTX Owes Over $3.1bn to its Largest Creditors

By Abdullah Shahid ⏐ 3 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

FTX who filed for bankruptcy just last week revealed that it owes money to over more than one million people and businesses Once regarded as…

Elon Musk Names His Top 3 Cryptocurrencies

By Senoria Khursheed ⏐ 3 years ago ⏐ Newspaper Icon Newspaper Icon 3 min read

The digital cryptocurrency industry is facing a lot of uncertain situations these days. This is all happening after the bankruptcy of the FTX exchange. Elon…

Binance Plans To Buy Its Rival FTX In Latest Crypto Bailout

By Senoria Khursheed ⏐ 3 years ago ⏐ Newspaper Icon Newspaper Icon 3 min read

As per the latest news, cryptocurrencies have suffered this year as investors pulled out from risky assets due to rising interest rates. On Tuesday, crypto…

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