Tags: FTT

SBF defended layoffs as necessary for business efficiency, aligning with Elon Musk’s recent federal employee downsizing rhetoric.

3 Best Scandal Coins to Buy Now

FTX Proposes Rebooting Exchange for Offshore Customers in Bankruptcy Plan, FTT Token Holders Left Empty-Handed

FTX Unveils Reboot Plan for New Offshore Exchange under New Leadership

FTT Price Pumps, Dumps as FTX Claims Portal Opens, Then Becomes Unavailable

Bankrupt crypto FTX exchange may soon restart operations - according to the latest roadmap by its attorneys.

Ex-FTX CEO Sam Bankman-Fried leaving vehicle for hearing (Getty Images)

Alameda Research seeded little-known Bahamas-based hedge fund Modulo Capital with $475 million in 2022. The recovery includes $404 million in cash.

Price takers have been placing large market buy orders at the same pace as market sell orders, data from Kaiko Research show. However, overall liquidity remains thin, implying a high risk of sudden price crash.

The hearing is expected to be about whether FTX can retain the services of New York law firm Sullivan & Cromwell (S&C).

The Proof-of-Reserves-Report shows reserves are largely spread between bitcoin, ether, and USDT.

Traders liquidated some $245 million worth of short positions, according to Coinglass.