Cryptory.net - The downfall of the FTX founder started on November 2, 2022. One year later, jurors are now ready to begin deliberating on his fate. Interestingly, this coincides with a time when the value of the SOL tokens owned by FTX has increased by an additional $1 billion.
Cryptory.net - The US Bankruptcy Court has approved FTX’s proposal to sell its crypto holdings worth over $3.4 billion in SOL, BTC, ETH and many other altcoins.
Cryptory.net - Former CEO and founder of FTX, Sam Bankman-Fried, was arrested in Bahamas after US prosecutors filed a sealed indictment related to the collapse of FTX in November.
On November 11, FTX filed for U.S. bankruptcy protection after being unable to reach an agreement to help the company resolve its financial difficulties. Many consider this to be the end of one of the top crypto exchanges. But is it all that simple?