According to a local report, the Japan-based crypto exchange Bitflyer has acquired the failed Japanese unit of FTX. The report indicates that arrangements are currently underway to take over the business. Bitflyer Acquires Bankrupt FTX Japan, Local Report Claims On June 20, 2024, NHK reported that Japan’s Bitflyer acquired the now-defunct Japanese unit of FTX. […]
Galaxy Digital Seeking to Score Deals From Defunct Cryptocurrency Companies
Galaxy Digital, a digital assets and blockchain financial services company, is seeking to score deals with defunct cryptocurrency companies to acquire their assets. According to reports, the company is eyeing FTX’s venture capital portfolio, which has a sizable stake in artificial intelligence (AI) disruptor Anthropic, among others. Galaxy Digital Aiming to Complete Bankruptcy Sales for […]
Dormant $144M in Bitcoin From Defunct Abraxas Darknet Market Moved After Years of Inactivity
According to the onchain analyst Zachxbt, 4,800 bitcoins taken from the now-defunct darknet marketplace Abraxas were transferred to a bitcoin mixing service. Abraxas exit scammed in November 2015 after less than a year, and the bitcoins had remained untouched since then. $ 144M in Bitcoin from 2015 Abraxas Scandal Suddenly Moved to Mixer Zachxbt …
Turkish Court Sentences Founder of Defunct Crypto Exchange Thodex to More Than 7 Months in Prison
A Turkish court has sentenced Faruk Fatih Özer, the founder of the collapsed cryptocurrency exchange Thodex, to an effective seven months and 15 days in prison. During the trial, Özer denied being an executive of the crypto exchange when the platform allegedly failed to furnish the Tax Inspection Board with the documents requested. Appointment …