Lookonchain monitoring data shows that in the past 8 hours, FTX has transferred 8 million MATIC tokens (worth 5.95 million USD) and 1,592 ETH tokens (worth 3.22 million USD) to Coinbase and OKX.

FTX investors are suing the celebrity founder of the cryptocurrency exchange for allegedly facilitating a $11 billion fraud scheme. The lawsuit targets entities including Major League Baseball, Formula One Racing, and the racing teams of Mercedes-Benz. The case is currently being heard in the Southern District of Florida (Miami) federal court.

Ivan Keller, a policy official at the European Commission, said in an interview at the MoneyLIVE conference in Amsterdam that the collapse of FTX in 2022 and the recent $4.3 billion settlement agreement between Binance and US authorities provide strong arguments for the regulations of the EU's Markets in Crypto-Assets (MiCA) legislation. "I think we have had some unfortunate confirmations that we are going towards strong regulation," Keller emphasized. "Our position is that this rulebook will mitigate some risks, and importantly, give regulators clearer powers to supervise these entities so that they can also mitigate these risks."

According to PaiShield monitoring, FTX's token address transferred 4410 SOL worth $252,000, while still staking 5.57 million SOL.

Silvergate Capital announced on Wednesday that it has fully repaid all outstanding deposit liabilities and decided to cease operations earlier this year. According to the statement, Silvergate currently has assets of less than $10,000. The bank had previously announced in March that it planned to voluntarily liquidate due to losses incurred from the collapse of the cryptocurrency trading platform FTX.

US Second Circuit Court of Appeals rejected the latest release request from FTX's former CEO SBF. He will have to continue to stay in jail and wait for the verdict on March 28th. Court clerk Catherine O'Hagan Wolfe said, "We have reviewed the defendant's appellant's supplemental arguments and found them unpersuasive."

According to Lookonchain monitoring, FTX has transferred approximately $36 million worth of assets to exchanges in the past 24 hours, including depositing 12.6 million MATIC coins (worth approximately $9.4 million) into Coinbase; depositing 10 million MATIC coins (worth approximately $7.45 million) into Binance via FalconX; and depositing 975,000 AVAX coins (worth approximately $19.25 million) into Binance via FalconX.

According to data from Yu Jin, on November 22nd, FTX/Alameda-related addresses continued to transfer more than 28 million US dollars worth of tokens three hours ago, including:

On November 21st, according to PeckShieldAlert monitoring by Paiduin, FTX transferred 75 million TRX (approximately 7.6 million US dollars), of which 25 million TRX were transferred to Binance.

According to 21co analyst Tom Wan, Dune Analytics data shows that the USDC in Backpack Exchange, a cryptocurrency company launched by the former FTX management team, has reached nearly 200,000 coins, specifically 199,246 coins at the time of writing. The SOL token has reached 224,659. The total balance of the exchange is $13,805,836.

According to PeckShield monitoring, FTX-related addresses transferred 940,000 CVX tokens worth approximately $1 million to Binance.

According to data compiled by crypto risk modeling company Gauntlet, the DeFi sector is still dominated by a few participants and has yet to recover from the FTX collapse a year ago. Most of the funds in the DeFi category are concentrated in a few top projects.

PeckShield monitoring shows that an FTX address transferred $7.8 million worth of TRX to Binance 8 hours ago.

FTX was granted court approval on Wednesday to reimburse over $2 million in legal fees to a group of non-US creditors to assist in negotiating a competitive resolution between FTX customer groups. US Bankruptcy Judge John Dorsey approved FTX's request to pay up to $2 million to a special group of non-US clients to reimburse their legal fees. The group represents 66 large account holders with cryptocurrency deposits exceeding $1 billion on FTX International Cryptocurrency Exchange as part of resolving customer disputes. This amount will cover fees from May 1 to October 31. FTX also agreed to pay them up to $650,000 per month during its remaining bankruptcy period, subject to future court review.

FTX lawyer Lawrence Gebhardt requested a postponement of the bankruptcy proceedings in Delaware because it is still unclear how FTX went bankrupt. Judge John Dorsey rejected the motion, stating that there was no need for delay.

According to finbold, FTX plans to sell approximately $100 million worth of cryptocurrency each week. As the SEC or other regulatory agencies may intervene, this plan has not yet been confirmed. FTX currently holds approximately 10% of the total supply of SOL, worth over $3.3 billion. In addition, it also holds $742 million worth of BTC, approximately $226 million worth of ETH, approximately $180 million worth of APT, and approximately $143 million worth of XRP.

On November 14th, according to PeckShield monitoring, FTX address has transferred 1.19 billion SPELL to Coinbase Prime.

According to Spot On Chain monitoring on November 14th, FTX deposited SOL, MATIC, and ETH worth $24 million to Kraken and OKX in the past 5 hours, including 250,000 SOL (approximately $13.5 million), 82.7 million MATIC (approximately $7.41 million), and 1,500 ETH (approximately $3.1 million).

Pantera Capital published an article on X platform stating that on the one-year anniversary of FTX's collapse, we want to take some time to reflect on how to deal with this crisis, the impact on investment portfolios, and the lessons learned for the future.

SK Telecom's Executive Vice President Oh Sae-hyun predicted in his UDC 2023 keynote speech that the virtual asset market, including Bitcoin, will experience significant growth if legal risks such as the FTX scandal are resolved.