Institutional Participation in Crypto Hit Record Low after FTX, but Data Indicates a Resurgence
The rise in Bitcoin CME futures open interest suggests an influx of institutional investors into the digital asset space.
BTC$62,618.00-0.25%
ETH$1,784.25+0.38%
USDT$0.9988-0.04%
USDC$0.9999+0.01%
XRP$1.07-0.61%
SOL$75.19-1.62%
TRX$0.3249-1.59%
FIGR_HELOC$1.03+1.91%
HYPE$63.74-2.41%
DOGE$0.0723+0.10%
USDS$0.99970.00%
RAIN$0.0143-0.35%
LEO$9.54+0.05%
ZEC$507.59-1.85%
WBT$54.95-0.04%
BTC$62,618.00-0.25%
ETH$1,784.25+0.38%
USDT$0.9988-0.04%
USDC$0.9999+0.01%
XRP$1.07-0.61%
SOL$75.19-1.62%
TRX$0.3249-1.59%
FIGR_HELOC$1.03+1.91%
HYPE$63.74-2.41%
DOGE$0.0723+0.10%
USDS$0.99970.00%
RAIN$0.0143-0.35%
LEO$9.54+0.05%
ZEC$507.59-1.85%
WBT$54.95-0.04%
After becoming the target of a class-action lawsuit in December, Silvergate Bank is now reportedly being probed by the DoJ for its involvement with FTX and Alameda.
The rise in Bitcoin CME futures open interest suggests an influx of institutional investors into the digital asset space.
Just days after US authorities seized $700 million of SBF’s assets, his family listed a $3.3 million Washington house for sale.
Genesis has $1 billion to $10 billion for both assets and liabilities as well as over 100,000 creditors.
In his Substack articles, Sam Bankman-Fried has claimed he is innocent, did not do any wrongdoing, and that FTX US is solvent.
Media startup Semafor intends to acquire SBF's $10M stake in the company, according to the NYT.
FTX shared an update stating that it had identified $5.5 billion in liquid assets but also admitting that both the international and the US branches are…
Japanese online brokerage Monex Group is interested in buying FTX Japan, according to Bloomberg.
At a Wednesday hearing, Judge Martin Glenn announced he will allow the names of FTX’s creditors to remain sealed for the time being.
Sam Bankman-Fried has argued that he needs the Robinhood shares to pay for his legal costs.
The DoJ moves to take Alameda’s Robinhood shares and a federal judge orders the seizure of $93 million from Silvergate as the fight to secure FTX’s…
As has been expected since late December, Sam Bankman-Fried plead not guilty in his first court appearance of 2023.
FTX’s former CEO Sam Bankman-Fried is reportedly expected to enter a plea of not guilty when he appears before the court on January 3rd.