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Tag Archives: FTX.US

Texas Securities Regulator Summons SBF to February 2 Hearing

The regulator is pursuing a cease and desist order against FTX, Administrative Fines, and a refund of the assets received from investors amongst other demands.In an ongoing effort to uncover the mishaps that befell the FTX empire, the Texas State Securities Board (TSSB) has summoned Sam Bankman-Fried to a hearing billed to take place on February 2 next year. The TSSB has reportedly been investigating FTX US since October for allegations bordering on its offering of “Earn” which pays yields to...

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Court Kicks Off $1,422,000,000 Deal between Bankrupt Crypto Lender Voyager and FTX US

According to recent reports, the US Court has approved Voyager’s entry into a $1.42 billion agreement with FTX to acquire its virtual assets.Crypto Lender  Voyager Digital filed for chapter 11 bankruptcy on July 4 after halting withdrawals a few days earlier. According to the company, the Three Arrows Capital default caused liquidity issues forcing them to take this decision. FTX US, therefore, submitted a bid to acquire the company in a “highly competitive” auction process pending court...

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FTX Is Now One of the Biggest Trading Platforms Out There

Cryptocurrency exchange FTX is one of the newest digital currency platforms out there, but its size, scope, and popularity just keep growing. It’s been announced that the exchange now bears a valuation exceeding $32 billion at the time of writing thanks to a new funding round that occurred earlier in the week, suggesting investors continue to pour their money into this industry despite the regular price dips we’ve been witnessing. FTX Is Headed to the Top of the Ladder...

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Will FTX.US Soon Allow Spot Trading?

Brett Harrison – the president of FTX.US, an affiliate of FTX – says that his exchange is looking to offer crypto derivative trading within 12 months. FTX.US Sees Spot Trading in Its Future FTX has become the world’s second largest cryptocurrency exchange after Binance. FTX.US, which is based in California, presently has limited options available to crypto traders when compared with its parent, as at the time of writing, the firm can only provide spot in compliance with...

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