FTX Incurred More than $121M in Legal and Advisory Fees between February 1 and April 30

SBF is expected to return for a court hearing later this year, when all the investigations will be tabled for the judge to rule on the matter. The bankrupt cryptocurrency exchange FTX and its sister investment firm Alameda Research are nowhere near making the creditors whole again. With more than $8 billion missing from FTX and Alameda Research’s balance sheet according to John J. Ray III – the acting CEO – the court will not have a ride in the park dividing the remaining assets among hundreds of institutional investors…

Crypto Broker Voyager Digital Sells $121M of Cryptocurrencies, May Foreshadow Selling Pressure for ETH, SHIB, LINK

Arkham data shows that Voyager’s largest non-stablecoin crypto holdings are 166,223 of ETH worth $271 million, 6.2 trillion of SHIB tokens worth $77 million, and 148.4 million of its own VGX token, valued at some $63 million. Further notable holdings include some $13 million of LINK, $5.5 million of Fantom’s FTM and $5 million of Bored Ape’s APE token. Source