FTX Seeks to Remove Turkish Units From Bankruptcy Case
The U.S. estate of the bankrupt crypto exchange doesn’t reckon the Turkish authorities are going to cooperate, after their seized local assets in November
The U.S. estate of the bankrupt crypto exchange doesn’t reckon the Turkish authorities are going to cooperate, after their seized local assets in November
While bitcoin has gained nearly 43% this month, ether has appreciated by 36%. Analysts said traders are worried that large amount of ether will be offloaded into the market post-Shanghai upgrade.
The country will start off using a third-party system while it develops its own software.
The migration from version 1 will result in liquidations of any positions where fUSD debt is equal to or greater than the FTM backing it.
56 documents published by ASIC shows that the regulator was assessing some products offered by FTX in the country.
FLOKI prices have rallied more than 100% in the past week.
The retail giant’s initiative, especially in NFTs, may force some regulatory clarity for digital assets. Cryptos surge in Sunday trading.
Lawyers for the bankrupt crypto exchange’s founder said there was no evidence for restricting access to crypto held by FTX as part of bail conditions in a fraud trial.
Federal prosecutors wrote a letter to U.S. District Court Judge Lewis Kaplan on Friday, requesting that he modify the conditions of Sam Bankman-Fried’s bail to include ban on private communications with current and former employees of FTX and Alameda Research.
The back-and-forth about the ownership of WazirX could have a devastating effect on the Indian exchange and its users.