FTX Granted Approval to Sell Anthropic Shares
FTX wins court approval for Anthropic stake sale, advancing customer reimbursement efforts.
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FTX wins court approval for Anthropic stake sale, advancing customer reimbursement efforts.
Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest game, DeFi, DAO, NFT and Metaverse industry news.
In 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.
FTX settles with ex-executives over Embed acquisition claims, aiming to recover full investment amidst ongoing legal challenges and the shadow of its bankruptcy on the crypto market.
It's crucial to note that 50% of the token allocation is available at genesis, with the remaining 50% unlocking gradually over 12 months, vesting from the Token Generation Date.
Report Provides High-Level Overview of Control Failures by Previous Management Team Across Critical Functions
One filing also alleged that Bahamian regulators asked Sam Bankman-Fried to gain unauthorized access to funds.
The altcoin’s abrupt price surge has fueled speculation that the altcoin is being targeted by a pump-and-dump group.
The exchange said all AMP trading will be halted on Aug. 15, adding that it “may resume at some point in the future."