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FTX paid $12M retainer to a New York law firm before bankruptcy filing

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Sullivan & Cromwell LLP (S&C), a law firm headquartered in New York City, received $12 million from West Realm Shires Services Inc. on behalf of FTX for legal services.

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Coin Market

Bitcoin price drops to $75K as new Hormuz closure puts focus on oil

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Bitcoin foreshadows fresh market mayhem as it appears that the US-Iran war has returned, including the closure of the Strait of Hormuz oil route.

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Coin Market

Aluminum giant Alcoa to sell dormant smelter to Bitcoin miner NYDIG: Report

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Alcoa is nearing a deal to sell its idle Massena East smelter to NYDIG as US industrial sites increasingly shift toward Bitcoin mining and AI data centers.

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RaveDAO denies manipulation as Binance, Bitget probe RAVE trading activity

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RaveDAO denies involvement in RAVE token price surge and crash as Binance and Bitget launch investigations into suspected market manipulation.

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