Sat, November 23

Alameda’s 4.5M POL Dump Sparks Sell-Off Fears Amid Price Rally

Alameda Research has raised concerns among investors by transferring large amounts of Polygon (POL) tokens to Binance during a price surge. In the past four days, the firm moved 4.5 million POL tokens worth $1.98 million. The latest transfer involved 2 million POL tokens, valued at $927,000.  Polygon’s market activity

9 hours ago 2 mins read

Worldcoin (WLD) Drops 7% Raising Bear Trap Concerns

Worldcoin (WLD) is currently trading at $1.84, experiencing a 6.87% drop in the last 24 hours. The market cap of WLD stands at $945,494,823, reflecting a 6.27% decrease, positioning it at #69 in the cryptocurrency rankings.  The 24-hour trading volume has seen a significant drop of 26.65%, totaling $190,099,652. This

October 9, 2024 2 mins read

Sam Bankman-Fried Seeks New Trial Accusing Judge of Unfair Treatment

Sam Bankman-Fried, the former CEO of FTX, has officially appealed his fraud conviction, seeking a new trial and alleging that the judge who oversaw his case was biased against him. In a detailed 102-page document submitted to the Second Circuit Court of Appeals on September 13, Bankman-Fried’s legal team argues

September 14, 2024 2 mins read

Alameda Research Transfers $12M in Crypto Amid FTX Creditor Pushback

Two wallets associated with Alameda Research, the sister trading firm of the now-bankrupt FTX exchange, recently transferred a total of $12 million worth of cryptocurrency. On June 11, PeckShield notably reported that an Alameda Research address transferred 5,000 vBTC, worth over $2 million, to the algorithmic trading firm Wintermute. Additionally,

June 11, 2024 2 mins read

FTX Trial Week: A Recap of Explosive Revelations

In November 2022, the crypto world witnessed a shattering chapter in its history with the collapse of FTX, a once-prominent crypto exchange. What initially appeared as a mere accounting oversight soon unveiled itself as a massive fraud, resulting in the loss of billions of dollars for customers and investors. Shockingly,

October 12, 2023 2 mins read

FTX’s Next Hearing Scheduled in Delaware Bankruptcy Court

The next FTX bankruptcy hearing is scheduled on Wednesday, January 11, at 9 a.m. EST in the District of Delaware Bankruptcy Court. The former CEO of FTX Sam Bankman-Fried’s ‘SBF’ attorneys will join the discussion about the deadline expansions and auction of distressed assets. Additionally, the court proceeding is to

January 11, 2023 2 mins read

Former FTX Engineering Chief Seeking Deal With Federal Prosecutors

Sam Bankman Fried’s (SBF) former roommate and confidant is reportedly looking to secure a plea deal. Nishad Singh, the former engineering chief at FTX, reportedly met with federal prosecutors to join Bankman Fried’s inner circle and negotiate a cooperation agreement in the fraud case involving the collapse of the cryptocurrency

January 10, 2023 1 min read

FTX Investigation Spotlight Shifted Now on Nishad Singh

The demise of FTX is still making headlines, even in 2023. The collapse of one of the leading cryptocurrency exchanges has resulted in a significant fall in the global crypto industry. Since then, a series of court hearings have been ongoing against FTX’s CEO, Sam Bankman-Fried, and affiliated personnel of

January 6, 2023 2 mins read

Alameda Research Wallets Activated Amid SBF Court Appearance

Sam Bankman-Fried ‘SBF’ is scheduled to enter a plea next week in response to charges that he defrauded investors and misappropriated billions of dollars from users at his bankrupt FTX crypto exchange. It’s been just 6 days since the former CEO was freed on a $250 million bond. According to

December 29, 2022 2 mins read

SBF Bail With Restrictions Brought Him Back to His Parent

Sam Bankman-Fried, the former CEO of FTX and the well-known crypto personality is set free by the Manhattan federal court. The US district court judge, Gabriel Gorenstein has granted the SBF bail for $250 million, along with further restrictions. SBF’s prior bail was rejected in the Bahamas, where he got

December 23, 2022 2 mins read