Thu, December 26

FTT Tops Gainers List with 8% Surge While Crypto Market Declines

FTT token has surged by 8% in the last 24 hours, topping the gainers list. It is currently trading at $2.96, marking a 7.72% increase in one day. The token’s market capitalization has reached $972.99 million, reflecting a 7.66% growth. The 24-hour trading volume stands at $45.33 million, with an

December 22, 2024 2 mins read

FTX Token Surges 31% to $2.64 Amid $16.5B Repayment Plan

FTX Token (FTT) soared to $2.64 today, marking a remarkable 30.96% price increase in the last 24 hours. The trading volume skyrocketed by 232.33%, reaching $196.99 million, reflecting strong investor interest.  FTT’s market cap stands at $869.28 million, with a 21.45% volume-to-market cap ratio. This significant surge comes as the

November 22, 2024 2 mins read

FTX Sues Binance and CZ for $1.8B Over Fraudulent Transfer

FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, in a bid to recover nearly $1.8 billion. The lawsuit, filed on November 10, alleges that Binance and Zhao received these funds as part of a fraudulent share repurchase deal in July 2021. This move marks another

November 11, 2024 2 mins read

Former FTX Executive Nishad Singh Seeks to Avoid Jail Time

Nishad Singh, a former executive at the FTX cryptocurrency exchange, is making a plea to avoid prison time as he prepares for his sentencing on October 30. Singh’s legal team has described him as an “uncommonly selfless individual” in their recent filing, which includes over 100 letters of support from

October 17, 2024 2 mins read

FTX Token Drops 10% as Former Executive Begins Prison Term

Satoshi Nakamoto’s identity and the HBO documentary are the day’s talks for the crypto community. The HBO documentary has attempted to uncover the true identity of the creator of Bitcoin. Meanwhile, Ryan Salame, the former FTX executive’s 7-and-a-half-year prison sentence began in the past day.  In reflection, the FTX token

October 9, 2024 2 mins read

FTX Secures Strong Creditor Support Ahead of Crucial Hearing

FTX’s reorganization plan has gained overwhelming support, with a significant majority of Dotcom voting creditors approving it. According to the final report released by the Kroll Restructuring Administration, 94.48% of creditors who returned their ballots voted in favor of the proposal. This support marks a crucial step toward resolving FTX’s

October 1, 2024 2 mins read

FTT Token Climbs 100% on FTX Repayment Rumors

FTX Token (FTT), linked to the bankrupt crypto exchange FTX, saw a dramatic surge on Sunday, gaining over 110% in just 24 hours. Alongside this price spike, trading volume also saw a jaw-dropping increase of 3653%, bringing FTT back to levels it hadn’t seen since January of this year. According

September 30, 2024 2 mins read

FTX Relaunch Denied, Vows Complete Customer Repayment. FTT Reacts

FTX, the troubled cryptocurrency exchange under the leadership of Sam Bankman-Fried, has announced its intention to entirely reimburse customers and creditors affected by its bankruptcy proceedings. The company assured the judge overseeing the case that individuals who can substantiate their losses are poised to recover their entire investments. However, the

February 1, 2024 2 mins read

FTT Token Witnesses Over 20% Surge Amidst Recent Developments

Defunct crypto exchange FTX’s native FTT token has undergone a huge price spike rising over 20% over the previous 24 hours. The majority of the growth occurred during the last 10 days, when the top 10 whale wallets amassed the majority of their holdings. According to Santiment, holders of FTT

November 23, 2023 2 mins read

CZ & Binance Sued Over FTX Downfall

Changpeng Zhao (CZ), CEO of the largest cryptocurrency exchange, Binance, and its U.S. subsidiary, Binance.US, find themselves at the center of a class-action lawsuit filed by California resident Nir Lahav. The lawsuit, which was filed on October 2 in the District Court of Northern California, alleges various violations of federal

October 3, 2023 2 mins read
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