FTX

Host Joel Flynn takes a deep dive into whether ordinary depositors can get their funds back from FTX. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

15 feb 2023

Unspent transaction output (UTXO) count of bitcoin (BTC) is ticking upwards, set to challenge its all-time high of 84.6 million from November 2022, when there was a flurry of on-chain activity as traders tried to escape the wreckage of FTX's collapse. UTXO refers to the individual units of bitcoin, called satoshis, or sats, that are locked in transactions on the blockchain. CoinDesk's Christine Lee presents "Chart of the Day."

14 feb 2023

Door Adrian Blust, Adam B. Levine14 feb 2023

Sam Bankman-Fried, founder of collapsed crypto exchange FTX, has been using a virtual private network (VPN) to access the internet, potentially prompting a further clampdown on his bail conditions, according to the U.S. prosecutors. In a response dated Feb. 14, Bankman-Fried’s attorney Mark Cohen said he had the VPN to watch playoffs in the National Football League (NFL), and the Super Bowl, via an international subscription. "The Hash" panel discusses the latest from SBF and the implications of FTX's bankruptcy process.

14 feb 2023

The Moskowitz Law Firm Managing Partner Adam Moskowitz explains why his firm is turning its attention to celebrity promoters of bankrupt crypto exchange FTX, saying, "these are no brainer cases." CoinDesk reached out for comment to Sam Bankman-Fried, along with Latham & Watkins, the firm which represents FTX celebrity endorsers, including Tom Brady and Larry David, and did not hear back.

14 feb 2023

As a battle over control of private litigation from the fallout of crypto exchange FTX is brewing, the Moskowitz Law Firm Managing Partner Adam Moskowitz discusses why his firm, along with Boies Schiller Flexner, filed a petition last week requesting a special panel of judges to move all of the private FTX cases to federal court in Miami. Plus, his take on why celebrities who endorsed FTX should be held liable for allegedly violating Florida law.

14 feb 2023

In November, online investing platform Bnk To The Future terminated its planned acquisition of SALT Lending after the latter informed customers it would pause withdrawals and deposits on its platform due to an unspecified exposure to FTX. SALT Lending CEO and Director Shawn Owen discusses the current status of withdrawals and deposits after the crypto lender recently closed a $64.4 million Series A funding round.

9 feb 2023

Crypto lender SALT has closed a $64.4 million Series A funding round from a share sale to accredited investors less than three months after a planned sale fell through due to the implosion of centralized crypto exchange FTX. SALT Lending CEO and Director Shawn Owen discusses the raise, business plans, and outlook for crypto lending.

9 feb 2023

Door Dan Ilett, Cam Thompson, Danny Nelson, Benjamin Schiller, Danny Bradbury9 feb 2023

U.S. Judge John Dorsey ordered that FTX's new leadership and its official creditor committee can subpoena the crypto exchange's founders and former executives, including Sam Bankman-Fried. Plus, the file format of the Bitcoin blockchain can’t be protected by copyright, a U.K. judge has found, ruling against self-proclaimed inventor Craig Wright.

8 feb 2023