ftx

According to Onchain Lens monitoring, after nearly a month, FTX/Alameda has unstaked 200,241 SOL, worth 12.99 million USD.

According to Onchain Lens monitoring, the U.S. government has transferred $215,673 in assets from the seized FTX/Alameda funds again (a total transfer of $983,696 over nearly 9 hours), including LINK, AAVE, CHZ, and BAL.

According to Arkham monitoring, the address holding the seized funds from the FTX / Alameda bankruptcy case, managed by the U.S. government, transferred out 98,589.87 LINK tokens, worth approximately $769,000, which have been transferred to Coinbase Prime.

Bybit's latest options weekly report states that the directional judgment over the past four weeks has all been realized this week: BTC hit a low of $59,130, surpassing the previous target range of $65k - $67k. Last week's opening was $73,760, with a low of $59,130, marking the largest weekly decline since the FTX collapse (approximately -20%), now rebounding to $63,000. Recently, three major bearish factors have overlapped: non-farm payrolls exceeded expectations reigniting interest rate hike expectations, SpaceX's IPO drawing away liquidity, and Strategy selling BTC for the first time in four years. The ETF saw a record net outflow of $1.7 billion in a single week. ETH's daily RSI fell to a historical low of 12.78, while BTC's RSI simultaneously dropped to 15.45, increasing the probability of a technical rebound, but a trend reversal remains to be confirmed. DVOL surged from a historical low of 35 to 55 before falling back to 48, with bearish options having taken profits. Currently, do not chase long positions; BTC faces significant pressure in the $63k - $65k range, waiting for CPI and DVOL to drop to 40 or for BTC to effectively reclaim $65,000 before re-entering.

Bitcoin briefly fell below $60,000 last Monday, marking the worst weekly performance since the FTX exchange collapse in 2022. As of last Sunday, Bitcoin had accumulated a 16% decline over the past 7 days, retreating more than 50% from its historical high of over $126,000 in 2025. Several market analysts warned that the current rebound may be difficult to sustain, and Bitcoin may not have reached the bottom of this cycle yet. Griffin Ardern, co-founder of Primal Fund, stated that the market is still quite far from the "true bottom."Data shows that the U.S. spot Bitcoin ETF has recorded net outflows for 13 consecutive trading days, with a total outflow of approximately $5.5 billion. At the same time, Bitcoin fell below the 200-week moving average, widely regarded as a key support level, further weakening market confidence. Paul Howard, a senior executive at crypto trading firm Wincent, described the current market as a "silent bear market," believing that falling below the 200-week moving average is an important confirmation signal for the market entering a bear phase.Analysts pointed out that the ongoing conflict between the U.S. and Iran, the reversal of expectations for Federal Reserve interest rate cuts, and strong U.S. employment data are driving the market to reprice the interest rate path, with a high interest rate environment being unfavorable for the performance of risk assets, including crypto assets. Additionally, some funds are flowing from the crypto market into artificial intelligence and tech stock sectors. Nevertheless, the current pullback is still less than historical bear market cycles. In past bear markets, Bitcoin typically retreated about 80% from its peak, while this round has seen a decline of about 50%. Some traders believe that if the macro environment continues to deteriorate and companies holding large amounts of Bitcoin face financing pressures, there remains a risk of further downside in the market.

According to Bloomberg, FTX founder Sam Bankman-Fried has officially submitted a presidential pardon application through the official process. SBF is currently serving a 25-year prison sentence, and his family has been lobbying the Trump administration for months.Trump clearly stated in January this year that he had no intention of pardoning SBF, and several pro-crypto Republican lawmakers have also actively opposed it, believing that this move is politically very sensitive.

Previously, David Hoffman, co-founder of Bankless, which officially announced the liquidation of ETH, expressed the view that the current Bitcoin price is just at the 200-week moving average (MA).Reviewing the historical market, BTC only effectively broke below this moving average during the bear market phase triggered by the consecutive collapses of Terra, Three Arrows Capital, and FTX, which was also a highly destructive systemic crisis in the history of the crypto industry.In his opinion, the market risks brought by the convertible bonds and other operations launched by Michael Saylor's Strategy do not reach the level of harm caused by the previous series of collapses. In addition, he disclosed the cost of his holdings again, with the cost of NEAR at about $1.4, HYPE at about $45, and ZEC at about $560.

Celsius founder Alex Mashinsky submitted a motion to a New York court seeking to overturn his 12-year sentence for fraud and market manipulation. The documents show that Mashinsky chose to represent himself (pro se) after his lawyer withdrew, stating that his lawyer "stopped communicating with him," forcing him to submit documents to the court personally. He claims that there was "ineffective legal representation" in his previous defense and invokes the "fruit of the poisonous tree" doctrine to question the legality of some evidence in the case.Mashinsky also accused Sam Bankman-Fried of attempting to "destroy Celsius" in the submitted materials and attributed market manipulation related to the CEL token to FTX. Additionally, he publicly shared text messages with former Celsius Chief Revenue Officer Roni Cohen-Pavon, claiming that the latter had attempted a "hostile takeover" of the company. In 2025, Mashinsky pleaded guilty to commodity fraud and securities fraud and was sentenced to forfeit $48 million, while also required to pay $10 million in settlement to the Federal Trade Commission. Cohen-Pavon, who previously assisted the prosecution as a witness, has been sentenced to "time served" and paid over $1 million in fines.

According to OnchainLens monitoring, the U.S. government has transferred approximately $1.9 million worth of cryptocurrency and $2.656 million in DAI from the seized funds of FTX Alameda to Coinbase. The assets involved include UNI, RNDR, SAND, MASK, AXS, and APE.

According to official news, FTX announced that the expected registration date for the next round of payouts is set for June 16, 2026, aimed at users holding approved FTX claims and equity. The next round of payouts is expected to begin on July 31, 2026. The next payment for preferred shareholders will also be made on the same day, with the registration date being June 16.Approved NFT customer equity claim holders can begin the NFT allocation process on June 30, 2026. FTX has also submitted a modification notice proposing to reduce the disputed claims reserve by approximately $600 million. Upon court approval, the released cash will be used for the next distribution.

According to The Block, FTX's former major external law firm Fenwick & West has agreed to pay $54 million to settle claims related to its alleged assistance in facilitating Sam Bankman-Fried's fraudulent activities. In addition, the auditing firm Prager Metis has agreed to pay $11.75 million, and former Miami Heat player Udonis Haslem, as a former promoter of FTX, will pay $420,000, bringing the total to approximately $66 million.The above settlement marks the second round of resolutions in the FTX class action lawsuit, with relevant documents submitted to the Miami federal court on Friday. Fenwick denies any wrongdoing and states that it was unaware of FTX's fraudulent activities. Notably, the firm still faces another civil lawsuit for $525 million in Washington, D.C., which is not covered by this settlement.FTX collapsed in November 2022, and Bankman-Fried was sentenced to 25 years in prison for stealing approximately $8 billion in customer funds and is currently appealing. FTX's bankruptcy estate has returned over $5 billion to creditors.

According to Arkham monitoring, the U.S. government transferred 319 ETH, 643,000 DAI, and 290,000 USDT from the seized funds of FTX Alameda to Coinbase Prime.

According to Onchain Lens monitoring, the U.S. government sent 319 ETH (approximately $673,000) and $933,774 worth of USDT, DAI, and USDC from the seized funds of FTX Alameda to Coinbase.

According to Bloomberg Law, a group of victims who lost their life savings in the collapse of the FTX exchange filed a lawsuit against the Silicon Valley law firm Fenwick & West LLP on May 14, seeking $525 million in damages.The plaintiffs accuse the law firm, which served as FTX's primary external legal advisor for many years, of knowingly assisting FTX in violating fiduciary duties and misappropriating billions of dollars in customer assets, while also helping to set up shell companies and implement communication controls to cover up related evidence.FTX founder Sam Bankman-Fried was arrested after the exchange's collapse in 2022 and was convicted on seven counts of fraud and money laundering, receiving a 25-year prison sentence.

According to Onchain Lens monitoring, FTX/Alameda will unstake 199,263 SOL, worth 19.4 million dollars.

Former Singapore Navy personnel Zhang Rongxuan (35 years old, phonetic) was sentenced to six years and ten months in prison after stealing 1.7 million Tether (nearly 2.3 million Singapore dollars) from a friend's cold wallet, which he spent on luxury watches, gambling, and paying off a mortgage.It is reported that Zhang Rongxuan was a member of the Naval Diving Unit at the time of the incident, holding the rank of captain. After getting to know the victim, he also co-managed a non-fungible token trading platform with friends, which is affiliated with Upstairs Research Pte Ltd and owned by DiGi Selection Holdings Pte Ltd. After security companies tracked the cryptocurrency wallet, Zhang Rongxuan admitted that he committed the crime due to suffering significant losses from the collapse of the FTX exchange.

According to Forbes, SBF's early investment portfolio is being re-evaluated by the market, with some opinions suggesting that if he had not been imprisoned due to the FTX collapse, his venture capital layout could theoretically yield a wealth increase of up to about $100 billion.Before the FTX collapse, SBF had established an investment landscape covering several star companies, including Anthropic, SpaceX, Robinhood, and the AI programming tool Cursor, which was considered to have significant foresight.Industry insiders pointed out that he had bet on key tracks ahead of the AI wave, among which: Cursor recently reached a partnership with SpaceX, with a valuation potentially reaching $60 billion, and Anthropic's valuation is nearing $90 billion. Rory O'Driscoll, a partner at Scale Venture Partners, stated that SBF had laid out investments in several core AI companies before ChatGPT, "demonstrating a rare investment sensitivity." However, this "investment talent narrative" was ultimately completely altered by the FTX collapse.SBF is currently serving a 25-year sentence for misappropriating over $8 billion in customer funds. At his peak, his personal wealth reached about $24 billion, and he made it onto the Forbes 400 list. Today, his venture capital capabilities are intertwined with his history of financial crime, making him one of the most controversial cases in cryptocurrency history.

U.S. District Judge Lewis Kaplan denied former FTX CEO SBF's request for a rehearing and harshly criticized the so-called new evidence he presented as baseless and "conspiracy-laden." In a court order issued on Tuesday, the judge pointed out that SBF's claims that FTX was actually solvent, that the Department of Justice was concealing information, and that witnesses were afraid to testify due to government threats were completely contradictory to the record.SBF originally accused former FTX Digital Markets co-CEO Ryan Salame and former data science chief Daniel Chapsky of not appearing in court out of fear, but the judge emphasized that SBF could have summoned or compelled them to testify but took no action. In November 2023, SBF was found guilty on all seven counts of fraud by a New York jury and was subsequently sentenced to 25 years in prison. Last week, he voluntarily withdrew his motion for a new trial, stating that he could not obtain a "fair hearing" from Judge Kaplan, but the appeal is still ongoing.The judge also criticized SBF for creating public opinion through interviews, stating that the so-called new facts had already been raised multiple times. SBF had sought a pardon from Trump, but Trump has also made it clear that there are no such plans.

According to KOL AB Kuai.Dong (@_FORAB), FTX founder SBF is imprisoned for misappropriating about $16 billion of user assets, but the potential value of his investment portfolio has sparked widespread discussion.If FTX had not gone through bankruptcy liquidation, the estimated returns on its holdings are as follows: Anthropic approximately $82.3 billion (about 165 times), SpaceX approximately $15 billion (about 75 times), Robinhood approximately $4.9 billion (about 8 times), Genesis Digital Assets approximately $3.5 billion (about 3 times), and the AI programming tool Cursor approximately $3 billion (about 15,000 times, with an original investment of only $200,000 for a 5% stake). The total potential value of the above assets exceeds $100 billion.