FTX Sells 884 Million SUI Tokens and Preferred Stock for Less Than $100 Million
However, It is worth noting that the value of the tokens and preferred stock can only be realized if FTX relaunches.
Collapsed FTX Seeks to Reclaim $3.9 Billion from Bankrupt Genesis in Court Filing
The court filing claims that Genesis has already been "largely repaid" for the roughly $8 billion in loans that it provided to Alameda.
Binance.US Backs Out of $1B Voyager Asset Purchase Deal; OpenAI Closes $10B Funding Round | Cointime Weekly Apr.23 – Apr.29
Binance, FTX plans to restart Japanese exchange; PayPal subsidiary Venmo to introduce cryptocurrency transfers; Visa to develop Brazilian blockchain-powered CBDC project; step-by-step guide to asset tokenization.
FTX Confirms Plans to Restart Japanese Exchange and Postpones Sale Process
The Japanese exchange will now introduce a "License & Restart Award" Key Employee Incentive Program (KEIP) to incentivize seven critical employees.
