June 29 (Cointime) - Former clients of FTX, Alameda Research, and affiliated companies have until September 29th to file claims against the bankruptcy estate and vote on the Chapter 11 restructuring plan. Claims must specify the type of asset and be denominated in USD.

June 27 (Cointime) - The FTX restructuring team, led by John J. Ray III, has released their second report which alleges that FTX executives were aware of missing customer funds as early as August 2022. The report also claims that FTX CEO Sam Bankman-Fried was involved in the fraud and that customer funds were used for political donations and venture capital investments.

June 26 (Cointime) - Sam Bankman-Fried, the disgraced crypto boss facing fraud charges related to the collapse of FTX, had filmed a tutorial video on cryptocurrency for MasterClass, a platform offering courses taught by celebrity experts.

June 24 (Cointime) - A creditor of the now-bankrupt crypto exchange FTX used a claim as collateral for a loan on the DeFi platform Arcade. The claim was tokenized and represented by an NFT, making it the first on-chain loan backed by a FTX claim. The NFT was used as collateral for a $7,500 loan to be repaid in five days, with the lender entitled to the claim in case of default. The transaction highlights the growing trend of real-world asset tokenization in DeFi, with a wide range of assets being tokenized, including stocks, government bonds, real estate, and commodities.

June 23 (Cointime) - The estate of Sam Bankman-Fried, founder of bankrupt exchange FTX, is seeking the return of millions of dollars that were paid to Michael Kives and Bryan Baum of K5 Global. Bankman-Fried had promised billions of dollars to the duo following a dinner party at Kives' residence, which led to a hasty financial relationship and the transfer of about $700 million to Baum and Kives, and related entities.

June 23 (Cointime) - Alameda Research, the hedge fund division of FTX, which filed for bankruptcy in November, is seeking the return of $700 million that founder Sam Bankman-Fried allegedly paid to "super networkers" Michael Kives and Bryan Baum for access to celebrities and politicians.

June 16 (Cointime) - A proposal has been made to split former FTX CEO Sam Bankman-Fried's criminal charges into two trials, according to prosecutors. Judge Lewis Kaplan of the Southern District of New York is considering whether to dismiss or separate charges in Bankman-Fried's criminal case after an argument from his legal team.

June 15 (Cointime) - Sam Bankman-Fried, the founder of FTX, may only face the original charges brought against him at his U.S. trial this year as the Department of Justice is willing to postpone trying him on several additional counts. Bankman-Fried was originally hit with eight criminal charges by U.S. prosecutors in December, including wire fraud and conspiracy to commit money laundering. A superseding indictment in February then added several new charges, but prosecutors have said they would only move ahead with the additional charges if the Bahamas approved. The October trial looks set to go ahead at the Manhattan court, though it is just one of the legal battles surrounding the FTX fallout.

The criminal trial of FTX co-founder Sam Bankman-Fried will proceed with the original eight charges against him, as stated in a letter by the Department of Justice (DOJ) to District Judge Lewis Kaplan.

Former FTX CEO Sam Bankman-Fried's lawyers are seeking to dismiss or sever six charges from his upcoming trial, citing potential delays in obtaining permission from The Bahamas to try him for these offenses. Prosecutors have acknowledged that they need permission from The Bahamas to try Bankman-Fried for five of the charges he was indicted for, but are seeking permission from the Bahamanian government to try him for these additional offenses.

FTX founder Sam Bankman-Fried's fraud lawsuit could be delayed for "months or even years" by adding additional charges, his lawyers said in a legal filing Monday. Bankman-Fried, who is currently out on bail, was extradited back to the U.S. in December after his crypto empire went bankrupt last November. He has pleaded not guilty to charges including wire fraud and money laundering. Defense attorneys say the charges added by the U.S. Department of Justice after his extradition could violate the treaty between the U.S. and the Bahamas, and that he has the right to contest any attempt to add them in court overseas.

The US Securities and Exchange Commission (SEC) has seen a significant increase in cryptocurrency-related enforcement actions in the six months following the collapse of FTX, according to an analysis of SEC announcements and news stories. The regulatory body took around six enforcement actions in the six months before FTX's demise, but this number rose to at least 17 in the six months after the exchange's bankruptcy.

On June 7th, Binance released a statement on its Chinese social channels with the hashtag #StrongTogether. The cryptocurrency exchange denied allegations of siphoning consumers' funds, collateralized borrowings, and making large donations to political candidates or entertainment and media entities. Although Binance did not name the exchange it was differentiating from, FTX has been accused of mismanaging consumers' assets and lending money to its sister hedge fund, Alameda Research. The SEC sued Binance on June 5th for allegedly selling unregistered securities to US users and operating an unregistered exchange in the United States.

The aftermath of FTX's collapse has had a significant impact on the crypto industry, causing a ripple effect that drained liquidity from other businesses and prolonged the crypto winter. The bankruptcy has also led to increased regulatory scrutiny, with authorities cracking down on firms and causing some to close their US operations. Binance has considered buying a bank to become more crypto-friendly, but CEO Chanpeng Zhao believes that making minority investments in financial institutions is a more feasible solution. In other news, Tether plans to launch Bitcoin mining operations in Uruguay, Nvidia introduces a new AI supercomputer platform, and NFT marketplace Tabi raises $10 million in angel funding.

The Federal Reserve Board has issued a consent order to Silvergate Bank and its parent company, as the bank plans to wind down operations and liquidate.

US federal prosecutors have rejected arguments made by lawyers for Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, to dismiss criminal charges against him.

Despite the negative reputation of Bitcoin and FTX, some of the most popular brands in North America are surprisingly receptive to the digital assets industry.

The year 2022 has been a tumultuous one for the crypto industry, with events like FTX's collapse leading to a crypto winter and significant declines in the prices of popular cryptocurrencies like Solana and Polkadot. This has shifted investors' attention to new promising crypto projects, such as Script Network, which is currently experiencing exceptional gains in the smart contract arena. While Solana and Polkadot are both promising, investors should exercise caution as Solana has not seen any significant price growth in some time, and Polkadot faces stiff competition from other decentralized applications. Many experts believe that Script Network is a vital token to watch out for, with the potential to transform the cannabis industry and make significant gains in the coming years. The company's native token, $SCPT, powers its ecosystem and offers users a range of benefits, including staking, governance, and voting. Early investors can become part of the platform's success story through its ongoing presale stage.

Bestselling author Michael Lewis has nearly completed his book on Sam Bankman-Fried and the collapse of FTX crypto exchange, titled "Going Infinite: the Rise and Fall of a New Tycoon." Lewis stumbled upon the subject of Bankman-Fried in late 2021 and plans to release the book around the time of SBF's criminal trial in October. Lewis was close to finishing the book before FTX imploded in November 2022, adding an entirely new angle to the story. He has interviewed anyone from SBF's inner circle and employees to government officials in both the Bahamas and the U.S. and aims for the book to read like a piece of fiction.

Anthony Scaramucci, founder of SkyBridge, stated in a Bloomberg TV interview that Bitcoin's intrinsic value is around $40,000 and that it is currently trading at a discount of almost 50%.