Tag: FTX

XRP 1-Year MVRV Falls To -41%, Lowest Since FTX Crash

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Former FTX Crypto Engineer Nishad Singh Fined $3.7M by CFTC, Avoids Prison

Nishad Singh, the former Director of Engineering at FTX crypto and FTX US, has been ordered by the Commodity Futures Trading Commission (CFTC) to pay $3.7 million in disgorgement under a supplemental consent order finalized on April 1, 2026 – resolving the agency’s civil enforcement action stemming from his role in the $8 billion-plus customer fund misappropriation that precipitated FTX’s November 2022 collapse. Singh, who pleaded guilty to federal criminal charges and cooperated extensively with the Department of Justice (DOJ), avoided a custodial sentence at his criminal proceeding, and the…

Former FTX Engineer Nishad Singh Fined $3.7M in CFTC Fraud Case

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Nishad Singh, the former head of engineering at FTX, will pay $3.7 million to resolve his case with the US commodities regulator over his alleged role in the collapse of the crypto exchange and the misappropriation of user funds. As part of the supplemental consent order, Singh will be required to pay a disgorgement of $3.7 million and imposes a five-year ban on trading in markets and an eight-year registration ban, blocking him from obtaining a license to operate in the sector, the US Commodity Futures Trading Commission (CFTC) said…

CFTC Finalizes Settlement With Former FTX Engineer, Imposes $3.7M Disgorgement – Regulation Bitcoin News

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Court Order Concludes CFTC Case Against FTX’s Former Head of Engineering The U.S. derivatives regulator took enforcement action against a former crypto executive as part of a broader fraud case. The Commodity Futures Trading Commission (CFTC), an independent federal agency overseeing U.S. derivatives markets, announced on April 1 that it resolved its action against former FTX head of engineering Nishad Singh, outlining penalties and ongoing obligations. The filing details: “The order imposes disgorgement of $3.7 million, requires Singh to continue cooperating with the Commission, and imposes a five-year trading ban…

FTX Recovery Trust Announces Fourth Round of Creditor Repayments

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The FTX Recovery Trust, which oversees the distribution of funds to creditors and former customers of the failed crypto exchange, announced on Wednesday that it will distribute $2.2 billion to creditors on March 31, 2026. Eligible creditors will receive their funds through their chosen distribution provider within one to three business days, according to an announcement from the Trust.  The fourth distribution includes a 18% payout for Dotcom Customer claims, a 5% distribution for US Customer Entitlement Claims and a 15% distribution for both General Unsecured Claims and Digital Asset…

BITCOIN & ALTCOIN RELIEF RALLY STARTS AS JANE STREET CRYPTO MANIPULATION GETS EXPOSED!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto News: Bitcoin and altcoins see upside in price as Terraform sues Jane Street and market manipulation gets exposed. Ethereum unveils new ‘Strawmap’ roadmap adding private ETH transactions, quantum-proof security, and massive L2 scaling. Tether invests $200 million in digital marketplace Whop to expand stablecoin payments. Brought to you by ✅ VeChain is a versatile enterprise-grade L1 smart contract platform 💡Get the (Re)Thinking Crypto Book on Amazon – 🖥️ Learn Crypto with Expert Commentary – Sponsors: 🔐 Safely Store your Crypto with…

Tether USDT Set for Biggest Monthly Decline Since FTX Collapse

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Update (Feb. 21, 12:45 am UTC): This article has been updated to include comments from Tether. Tether’s USDT, the world’s largest US dollar-pegged stablecoin, is heading for its steepest monthly supply decline in years as big holders step up redemptions, according to blockchain data. The circulating supply of USDt (USDT) has fallen by about $1.5 billion so far in February, following a $1.2 billion decrease in January, according to Artemis Analytics data reported by Bloomberg. This puts USDT on track for its biggest monthly drop in three years, since the…

‘Bitcoin Going to Zero’ Google Searches Hit Highest Level Since FTX

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Google searches for “Bitcoin going to zero” have surged to their highest level since the post‑FTX panic in November 2022, according to Google Trends data for the past five years.  The spike aligns with Bitcoin’s latest drawdown from its Oct. 6, 2025, all‑time high near $126,000 to about $66,500 at the time of writing on Thursday, according to data from Coingecko, leaving the asset almost 50% below its peak.  At the same time, the Bitcoin Fear and Greed Index has plunged into extreme fear around 9, levels previously seen during…

Bitcoin Bull-Bear Cycle Indicator Drops To Deepest Level Since FTX Bottom

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…