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Is Chainalysis owed money in FTX bankruptcy?

Analytics firm Chainalysis has announced that it is owed money in the bankruptcy proceedings for collapsed exchange FTX. In documents filed to bankruptcy court in Delaware on Wednesday, Chainalysis was identified as a creditor and asked for any relevant materials to be sent to its lawyers.

Did Binance buy out FTX?

Binance, a cryptocurrency exchange platform and FTX competitor, agreed to buy out FTX on Nov. 8 before the full extent of its problems went public. Changpeng Zhao, CEO of Binance, was one of FTX's first investors.

When did FTX start staking FTT?

FTX created its own digital token called FTT in May 2019. FTX also offered other perks for staking FTT, such as discounts and NFT rewards. In late 2021 and early 2022, the price of Bitcoin started to decline drastically from its high in the beginning of 2021, and other cryptocurrencies started to follow.

What is Chainalysis & how does it work?

Connect cryptocurrency transactions to real-world entities. Chainalysis helps government agencies, cryptocurrency businesses, and financial institutions engage confidently with cryptocurrency.

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