Live Breaking News & Updates on Ftx exchange

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ftx restart abandoned: FTX abandons efforts to restart its crypto exchange

FTX has been negotiating for months with potential bidders and investors, but none were willing to put in enough money to rebuild the FTX exchange, FTX attorney Andy Dietderich said at a bankruptcy court hearing in Delaware.

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Bitcoin: Bitcoin ETF exuberance drives 4-week 'nothing for sale' rally

Cryptocurrencies also appear to be benefitting from an evolving economic outlook. With stocks rising and bond yields falling, the appetite for riskier assets such as crypto is seen rising. Bitcoin is still only about halfway toward reclaiming the heights of the 2021 crypto mania, when it peaked at close to $69,000.

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sam bankman-fried trial: Sam Bankman-Fried trial: confidant Caroline Ellison faces cross-examination

Ellison said through tears that she lived in "dread" the truth would come out, and that FTX's ultimate collapse last year brought an "overwhelming feeling of relief."

Manhattan , New-york , United-states , Gary-wang , Nishad-singh , Mark-cohen , Sam-bankman , Caroline-ellison , Indian-school-of-business , Stanford-university , Offering-college , Alameda-research

Yasmin Vossoughian Reports

transported from texas of april last year. in new york, sam bankman-fried, the founder of bankrupt crypto currency exchange ftx was in jail after bail was revoked. the decision was made by a judge who sided with a request by federal prosecutors accusing him of witness tampering. the 31-year-old will remain in jail into his criminal trial begins in october. since his december arrest, bankman-fried had been out of jail on a 250 million dollar bail package which required him to remain in his parents palo alto, california, home. he was extradited last year from the bahamas on charges that he defrauded investors in his business and illegally diverted millions of dollars worth of cryptocurrency from customers using his ftx exchange. we have got a lot more coming up folks. you are watching msnbc. our second hour starts right now. i everybody, good to see you. i'm yasmin vossoughian.

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crypto firms: Global rules leave crypto firms with no place to hide, says G20 watchdog

The Financial Stability Board published on Monday final recommendations requested by the G20 on supervising firms that trade cryptoassets such as bitcoin. The watchdog also revised its existing recommendations for stablecoins in light of the demise of TerraUSD/Luna coins.

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Bitcoin price: Standard Chartered boosts 2024 bitcoin forecast to $120,000

Standard Chartered said the rationale for its predicted price rise was that miners who mint the 900 new bitcoins produced each day around the world would soon need to sell fewer to cover their costs - mostly electricity to power super-computers.

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Shaq Served in FTX Lawsuit Following a 3-Month Chase

Shaquille O'Neal was finally served legal papers outside his home over the weekend for his involvement in a campaign for beleaguered crypto firm FTX.

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Crypto ETFs Have Bounced Back. But Don't Get Too Excited

Cryptocurrency ETFs are the top-performing class in the ETF universe. That likely speaks more to how far they fell than where they are going.

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US prosecutors launch website for Bankman-Fried alleged victim

FTX could owe money to more than 1 million people, making it "impracticable" to contact each, prosecutors had said

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BlockFi Petitions Bankruptcy Court to Let Clients Withdraw Blocked Assets

Importantly, the funds in question are those that were not stored in BlockFi’s flagship interest-bearing accounts.

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