Tether’s USDT is nearing its largest monthly supply drop since the collapse of FTX, with whales and smart money traders continuing to reduce their USDT holdings.
Latest News on FTX

Get the latest news on FTX! FTX was a major crypto exchange founded by Sam Bankman-Fried and Gary Wang in 2019. Its native (FTT) token served multiple roles within the FTX ecosystem, such as reducing exchange fees for users. FTX also purchased a certain amount of FTT each week and burned it to control inflation.
In November 2022, FTX crashed due to a liquidity crisis, financial mismanagement and mass withdrawal of funds by rattled investors. On Nov. 11, 2022, FTX filed for Chapter 11 bankruptcy, with Bankman-Fried sentenced to 25 years in prison in March 2024.
Stay informed on the latest developments in the FTX saga with Cointelegraph.
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“Bitcoin going to zero” Google searches have spiked to their highest level since the FTX collapse, even as institutional buyers accumulate BTC and macro uncertainty hits record highs.
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Sam Bankman-Fried seeks a new FTX trial, alleging DOJ witness pressure and citing a declaration disputing the prosecution’s insolvency claims, according to a new filing.
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Sam Bankman-Fried asked a federal appeals panel for a new trial in the FTX fraud case, arguing that new witness testimony could weaken the case that led to his 25-year sentence.
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Super Bowl LX featured 10 ads for different AI products, and some observers believe it could be a sign that the AI financial bubble will soon burst.
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Binance shows stable onchain reserves and no immediate stress signals despite market volatility and a wave of criticism circulating on social media.
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FTX users filed the lawsuit in 2023, accusing the law firm of playing “a key and crucial role" in "how the FTX fraud was accomplished.”
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FTX founder Sam Bankman-Fried said in a series of recent X posts that US President Donald Trump was “right on crypto,” while Joe Biden “bungled crypto.”
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Scheduled for release from a halfway house on Wednesday, former Alameda Research CEO Caroline Ellison will have served 440 days in federal custody.
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Backpack exchange launched an invite-only beta for its Unified Prediction Portfolio, letting users hedge and trade across markets in a single crypto account.
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The US president reportedly said he had no intention of pardoning the former FTX CEO, and defended his family’s connections to the crypto industry.
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The Crypto Fear & Greed Index is hovering at levels lower than during the shock FTX collapse in late 2022, despite Bitcoin trading at roughly five times the price.
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The former Alameda Research CEO, subject to intense public scrutiny for her role in FTX's collapse and association with Sam Bankman-Fried, will be released in January.
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In the latest update on the FTX saga, the SEC confirmed Caroline Ellison had consented to an officer-and-director ban, preventing her from leading any companies for 10 years.
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With about two months remaining until her expected release date, former Alameda Research CEO Caroline Ellison has been transferred out of federal prison.
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