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FTX US

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Extreme leverage wipes out millions for seven traders

Extreme leverage wipes out millions for seven traders

Seven top crypto traders on Hyperliquid lost millions as high leverage trading bets collapsed during recent market downturns.
SBF claims FTX was never insolvent, boasts $8B in customer assets

SBF claims FTX was never insolvent, boasts $8B in customer assets

SBF’s former account posts a document claiming FTX was never insolvent and blames lawyers for its 2022 collapse.
Ex-FTX exec moves to launch crypto-style perpetual futures for traditional assets

Ex-FTX exec moves to launch crypto-style perpetual futures for traditional assets

Former FTX US president Brett Harrison is making a comeback, and this time around, he is planning on introducing perpetual futures contracts, also ...
Revolutionary Perpetuals Platform: Brett Harrison’s Bold New Venture

Revolutionary Perpetuals Platform: Brett Harrison’s Bold New Venture

BitcoinWorld Revolutionary Perpetuals Platform: Brett Harrison’s Bold New Venture The financial world is abuzz with news of a significant developme...
FTX Customers Claim Law Firm Fenwick & West Was ‘Key’ to Fraud in Updated Lawsuit

FTX Customers Claim Law Firm Fenwick & West Was ‘Key’ to Fraud in Updated Lawsuit

FTX customers claim law firm Fenwick & West was 'key' participant in $8B fraud filing updated lawsuit alleging the firm created corporate structure...
Former FTX EU users may now claim their funds via Backpack EU

Former FTX EU users may now claim their funds via Backpack EU

Backpack Exchange has said it will launch withdrawals for former FTX EU customers on May 12.
Binance & CZ Face $1.8 Billion Lawsuit from FTX Estate

Binance & CZ Face $1.8 Billion Lawsuit from FTX Estate

The FTX bankruptcy estate filed a lawsuit against Binance and Changpeng Zhao, accusing them of a fraudulent $1.76 billion transaction involving Sam...
California Permanently Revokes BlockFi’s Lending License Two Years After Bankruptcy

California Permanently Revokes BlockFi’s Lending License Two Years After Bankruptcy

The California DFPI revoked BlockFi’s lending license for unsafe lending practices and violations of the California Financing Law. Following invest...
Billionaire Mark Cuban Blames SEC Leadership for FTX Debacle in Discussion with Harris’ Crypto Advisor

Billionaire Mark Cuban Blames SEC Leadership for FTX Debacle in Discussion with Harris’ Crypto Advisor

Mark Cuban claims FTX’s collapse could have been avoided if the U.S. followed Japan’s regulatory framework, criticizing SEC Chair Gary Gensler’s ap...
Creditors Rally Behind FTX’s Reorganization Plan with 95% Approval Rate

Creditors Rally Behind FTX’s Reorganization Plan with 95% Approval Rate

The now-defunct cryptocurrency exchange FTX revealed that creditors with voting rights have strongly endorsed its revised reorganization plan. ...