Tag: FTX
FTX Unstakes $432M in SOL, Sending Tokens to Exchanges and Pressuring Price
FTX has executed its largest unstaking of Solana (SOL) tokens since November 2023, releasing 3.03 million SOL valued at approximately $432.5 million. These tokens were distributed across 37 wallets, with indications pointing toward eventual deposits on major exchanges such as Coinbase and Binance. The move comes ahead of an additional 11.2 million SOL tokens set […]
Celsius vs. FTX: $444M Legal Showdown Continues with Appeal
The legal clash between defunct crypto firms Celsius Network and FTX continues as Celsius has filed an appeal challenging a ruling by Judge John Dorsey. The appeal disputes the dismissal of Celsius’ $444 million claim for damages from FTX, part of the broader bankruptcy proceedings involving the failed exchange once led by Sam Bankman-Fried. The […]
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