FTX's potential plan to restart the exchange has drawn the interest of the popular VC firm Tribe Capital. The renewed interest in the exchange's reboot lead to a 22% surge in $FTT's price.
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Fugitive and Terraform Labs founder Do Kwon paid $7 million to South Korean law firm Kim & Chang before Terra wiped out $40 billion from the market in May 2022.
South Korean prosecutors say Do Kwon's $69 million in assets are not in the country as governments tussle for the Terraform founders' extradition.
OPNX crypto exchange opens for business amid controversy regarding its founders from failed businesses like 3AC and CoinFLEX.
American crypto exchange Coinbase is reportedly looking to set up an overseas trading platform that would allow users to trade derivatives.
Cathie Wood's Ark Invest has unveiled a new crypto fund that has raised more than $16 million from private investors. The fund is split into a domestic entity based in Florida and a foreign version based in the Cayman Islands.
FTX has reached a deal with Abu Dhabi's investment arm to sell its stake in Sequoia Capital for $45 million. The deal is subject to approval from the bankruptcy court of Delaware.
Summary: A Seychelles court approved the restructuring plan submitted by embattled crypto exchange CoinFLEX. Trading for locked assets like LUSD...