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    Tag: ftx token

    Soaring High: Solana and Other FTX Holdings Thrive One Year After Sam Bankman-Fried’s Downfall

    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.

    FTX Gets Permission to Sell $3.4B Crypto Holdings Without Prior Notice to Community

    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.

    Former FTX CEO Sam Bankman-Fried Arrested in Bahamas

    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.

    What’s Behind FTX Filing for Bankruptcy Protection?

    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?

    FTX Appear To Be Hacked, More Than $600M Drained From Customer Wallets

    Cryptory.net - Many owners of FTX wallets have reported seeing $0 balances in their FTX.com and FTC US wallets.

    Tether Confirms No Plans to Rescue FTX and Alameda Research

    Cryptory.net - FTX will not receive a bailout from Tether despite CEO Sam Bankman-Fried reportedly reaching out to multiple firms for help.

    FTX CEO Sam Bankman-Fried Lost 94% of His Total Wealth Overnight

    Cryptory.net - FTX CEO Sam Bankman-Fried lost $14.6 billion - nearly 94% of his total wealth after one night.