BitFlyer plans to acquire FTX Japan for billions of yen, aiming to reposition it as a digital asset management firm for institutional investors. FTX's restructuring involves selling subsidiaries to repay creditors, with ongoing disputes over cash versus crypto repayments.
ZeZhengFTX wins court approval for Anthropic stake sale, advancing customer reimbursement efforts.
Xu LinIn a shrewd financial maneuver, Dave Inc. secured FTX Ventures' convertible debt at a discounted rate of $71 million. The completion of the deal is subject to court approval, with stringent conditions to prevent alternative transactions. Dave Inc.'s CEO, Jason Wilk, expresses confidence in the move, while FTT, FTX's native cryptocurrency, sees a 15% surge. FTT is currently trading at $2.99.
Cheng YuanThe largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes.
OthersReport Provides High-Level Overview of Control Failures by Previous Management Team Across Critical Functions
OthersIn this line, trading using traditional currencies has spiked to historical levels with a surge of about 30% following years of stagnant volumes.
FinboldCrypto exchange FTX has disclosed that its revenue skyrocketed to more than 1000% last year courtesy of the bull market ...
BitcoinistThe revenue breakdown discloses a 1842.85% increase in operating income for FTX, from $14 million to $272 million in FY 2020-21.
CointelegraphWith the market falling off a cliff, there will be big losses to claim on your taxes, right? Well, let’s break it down in detail.
CointelegraphThe Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency.
Cointelegraph