#FTX
20-Year Prison Term Sought for Delio CEO: FTT Effect
South Korean prosecutors demanded 20 years in prison for Delio CEO Jeong Sang-ho. Embezzlement claim of 250 billion won in the scandal linked to the FTX collapse. The court will decide on July 16. FTT $0.29, strong supports at $0.2812 in downtrend. Transparency test in the sector.
20-Year Prison Sentence Demanded for Delio CEO: FTT Connection
South Korean prosecutors demanded 20 years in prison for Delio CEO Jeong Sang-ho. In the scandal stemming from the FTX collapse, 2.800 victims, 250 billion won in damage. FTT price declining at $0.28; strong supports S1 $0.2638. The court will rule on July 16. Crypto transparency is being tested.
Judge Rejects SBF's FTX Solvency Claim
US Judge Lewis Kaplan found Sam Bankman-Fried's FTX solvency claim 'baseless'. Details on SBF's 25-year prison sentence and FTX fraud. FTT price in downtrend at $0.29; critical supports at $0.2858. Appeal continues.
Judge Kaplan Rejects SBF's FTX Evidence Request
Judge Lewis Kaplan rejected Sam Bankman-Fried's request for new evidence to prove FTX's solvency as 'baseless.' The defense arguments were found insufficient. FTT price $0.29, in a bearish trend. The appeal continues. Legal warning to the crypto sector.
Block Inc. 28.355 BTC Reserve Report Released
Block Inc. shared its 28.355 BTC reserve report: Customers 19.357 BTC, company 8.997 BTC. Independently audited, on-chain verifiable. BTC in sideways trend at 76.187 USD, strong S1 support at 72.809 USD. Stock rose 25% last month, May 7 earnings critical.
Block Discloses $2.2 Billion BTC Reserve
Jack Dorsey's Block announced its 28.355 BTC (2.2 billion USD) reserve. The on-chain verified report makes customer and company assets transparent. Post-FTX standards are spreading, trust is increasing even though Michael Saylor criticizes. BTC is sideways at 76K USD, strong supports are in place.
Nasdaq-Talos: Tokenized Collateral and Custody Integration
Nasdaq announced integration with Talos for Calypso and Trade Surveillance. Tokenized collateral management and market abuse monitoring strengthen institutional workflows. After examples like the FTX collapse, FTT rose +6.73% to $0.31, with support at $0.2973. BlackRock's emphasis on tokenization is noteworthy.
Samson Mow: BTC 24-66% Undervalued Compared to Gold!
Samson Mow states that BTC is 24-66% undervalued compared to gold and is preparing for a rally with Z-score -1.24. Historically, below -2 has led to major rises. BTC 65.973$, RSI 39.65 oversold, S1 64.388$ strong support. Even with increasing pressure from the Mt. Gox effect, the reversal signal is strong.
SBF's New Lawsuit Request: Government to Respond by March 11
US government to respond to SBF's new trial request by March 11. Bankman-Fried, who received 25 years in prison after FTX collapse, appeal ongoing. FTT at $0.32, down -5%, RSI 39 in downtrend. Supports: $0.2778 strong. Ellison free, Salame imprisoned.
USDT Supply Drops by 1.5 Billion Dollars in February: Analysis
USDT supply decreased by 1.5 billion USD in February, the biggest contraction post-FTX. Stablecoin market rose to 307 billion USD. Ethereum USDT flows and ETH technical levels: Support 1.894 USD, Resistance 1.955 USD. Analysis linked to BlackRock ETH ETF news.
Parsec Shutting Down: DeFi-NFT Collapse Impacts BTC
On-chain company Parsec is shutting down: DeFi and NFTs have declined, BTC fell from 126K to 67K. NFT sales decreased by 37%. Technical: RSI 36.87, strong support at 65K USD. Sector consolidation continues with Entropy; institutional BTC purchases offer hope.
Bitcoin Fear Searches at Peak Since 2022
Searches for 'Bitcoin will go to zero' on Google Trends are at their peak since 2022 FTX. BTC at 66K with a 50% drop, Fear & Greed at 9. Macro fears, quantum threats (7-year transition), and McGlone comments are triggering it. While institutional accumulation (Metaplanet 35K BTC) continues, supports are strong at RSI 33: 65K, 60K.
BTC Historic Capitulation: $2.3 Billion Loss
BTC experienced a $2.3 billion USD net loss capitulation in the last 7 days; one of the largest in its history. Realized price indicates a bear bottom at 55 thousand USD. ETF inflows and Binance/Goldman purchases signal recovery. Support: 65k-60k USD. RSI oversold (29.89).
SBF Shakes FTX Trial with New Evidence: FTT Analysis
SBF submitted a new witness statement from prison accusing the DOJ: Former FTX employee Chapsky claims the company was solvent. FTT in downtrend at $0.33, S1 $0.3305 strong support. Legal development may affect the token. Technical chart and analysis included.
Novogratz: Crypto Gains Era Over, Institutions Dominate
Mike Novogratz said that the crypto sector is maturing, with institutions surpassing retail. The FTX collapse and RWA transition were highlighted. Goldman Sachs is accumulating BTC/ETH, ETF inflows are positive. BTC is oversold, at strong support levels.
SafeMoon CEO Karony Sentenced to 100 Months in Prison: FTT Comparison
Former SafeMoon CEO Braden Karony received a 100-month prison sentence. He made luxury expenditures in a $9 million fraud. He was punished like FTX's SBF. FTT $0.35, +%11.94; strong support $0.3304. Crypto scandals are shaking the sector.
SBF Requests New Trial to Overturn 25-Year Prison Sentence
Sam Bankman-Fried requested a new trial to overturn his 25-year prison sentence. In the petition submitted by his mother Barbara Fried, statements from former FTX executives are highlighted. While the FTX collapse shook the sector, FTT price is rising +%19 at $0.37, but the bearish trend dominates. Bankruptcy payments continue.
Nazarov: This Bear Market is Different, LINK Resilient
Chainlink founder Sergey Nazarov says that the current bear market is different from FTX-like collapses. RWA tokenization grew 300%, LINK at $8.69 with RSI 30 at support levels. Binance investments show confidence. The market is more resilient.
Backpack 1 Billion Token Supply: From the FTX Team
Backpack, the exchange founded by the ex-FTX team, announced a 1 billion token supply. The launch is tied to the public offering, with locks preventing insider sales. 50M$ funded unicorn candidate. FTT 0.31$, support 0.26$, RSI 29.90 oversold.