The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent. Source
FTX Sues Binance, Former CEO CZ for $1.8B
Tag: CEO
Trump Declared 47th US President, JPMorgan CEO Claims World War III Has Begun, and More — Week in Review
Trump declared 47th US president, JPMorgan CEO claims World War III has begun, Global Dollar Network launches, and more in this Week in Review. Week in Review Donald Trump has been declared the 47th U.S. president. JPMorgan CEO Jamie Dimon warns that World War III may have started, citing unprecedented global risks. In fintech, a […] Source CryptoX Portal
What’s Next for XRP? Ripple CEO Discusses Crypto Landscape Shift
Ripple and XRP could face a turning point as new pro-crypto regulatory shifts promise renewed hope and potential resolution to years-long legal battles. XRP’s Future: Ripple CEO Hints at a New Chapter on the Horizon Ripple CEO Brad Garlinghouse shared his views on social media platform X Friday, highlighting potential regulatory shifts for cryptocurrency under […] Source CryptoX Portal
America Elects the Most Pro-Crypto Congress Ever, Declares Coinbase CEO
A newly elected, pro-crypto Congress is set to reshape U.S. policy, says Coinbase CEO, with 281 advocates ready to drive clear regulations and economic freedom. Coinbase CEO Welcomes the Most Pro-Crypto Congress in US History Coinbase CEO Brian Armstrong shared his perspectives on the elections this week, viewing the results as a pivotal moment for […] Source CryptoX Portal
CEO of Canadian Crypto Holding Returns Safely After Paying $720K Ransom: Report
WonderFi CEO was forced into a vehicle but released after a ransom was paid. Source
Not Dogecoin, This Altcoin Is the Best Under Trump: Crypto CEO
Este artículo también está disponible en español. Andrew Kang, founder and CEO of Mechanism Capital, has shifted his bullish outlook from Dogecoin (DOGE) to First Neiro On Ethereum (NEIRO) following Donald Trump’s landslide victory in the US presidential election. In a series of posts on X on Wednesday, November 6, Kang asserted that NEIRO is poised for exponential growth in the coming months. Better Than Dogecoin? “With a Trump win, NEIRO as the natural successor to Doge is on a path to billions over the next few months,” Kang wrote.…
Crypto Exchange Kraken Announces Changes in Staffing Amid New CEO Appointment
US-based crypto exchange Kraken is hinting at reducing its workforce amid plans to change how it innovates and rolls out products for its users. In a statement, Kraken co-CEOs Arjun Sethi and Dave Ripley say the company is aiming to operate more efficiently to pursue its ambition of becoming the leading crypto exchange. “To continue forging our path ahead and put Kraken in contention to become the largest crypto platform in the world, we need to be leaner and faster.” Kraken says it is making structural changes after falling into a…
Ripple CEO Loses Bank Account, Russia’s New Crypto Law, and More — Week in Review
Ripple CEO loses his long-term bank account, Russia publishes new crypto law, BRICS payment system aims to be a SWIFT substitute, and more in this Week in Review. Week in Review Ripple’s CEO recently disclosed the closure of his 25-year-old bank account, citing his leadership role in a crypto firm as a potential cause. Russia […] Source CryptoX Portal
CryptoQuant CEO Says Stablecoins Now Being Mostly Used for Purposes Other Than Exchange Trading
The chief executive of digital asset insights firm CryptoQuant says stablecoins are witnessing increased adoption via use-case expansion. CryptoQuant’s Ki Young Ju tells his 368,500 followers on the social media platform X that the total market cap of stablecoins is exploding for reasons other than digital asset trading on exchanges. The on-chain analyst’s data shows that only about one in five stablecoins are being used to buy and sell crypto. “In September 2021, exchange stablecoin reserves exceeded $30 billion. From this point, I considered the stablecoin market to be sufficiently…
JPMorgan CEO Claims World War III Has Begun — Warns of ‘Evil Axis’ at Work
JPMorgan CEO Jamie Dimon has warned that World War III may have begun, citing extraordinary, unprecedented risks from escalating conflicts and alliances threatening global stability. The World on Edge: JPMorgan CEO Jamie Dimon Reveals Dark Scenarios Unfolding Jamie Dimon, CEO of JPMorgan Chase, has voiced significant worries about escalating geopolitical threats, calling global tensions the […] Source CryptoX Portal