According to lookonchain, the wallets associated with FTX and Alameda have unstaked 189,851 Solana (SOL), valued at approximately $30.94 million. This on-chain activity, verified via Solscan, suggests a potential move to liquidate these assets. For traders, this action signals an increase in the liquid supply of SOL, which could lead to significant selling pressure and potential downward price movement for the cryptocurrency as the bankruptcy estate continues to manage its holdings.

According to on-chain analyst @lookonchain, wallets associated with FTX and Alameda Research have unstaked 189,851 Solana (SOL) tokens, valued at approximately $30.94 million. This on-chain movement, confirmed via Solscan, transitions the assets from a staked position to a liquid state. For traders, this action is a key indicator to watch, as unstaking often precedes asset transfers to exchanges for potential liquidation. Such a move could increase the circulating supply of SOL and exert downward pressure on its market price.

According to @FoxNews, the estate of bankrupt crypto exchange FTX is strongly disputing a $1.53 billion claim from hedge fund Three Arrows Capital (3AC), arguing in a court filing that 3AC's own risky trading strategy and withdrawals caused its collapse. FTX's lawyers assert that the actual value in 3AC's accounts was only $284 million in June 2022 and that 3AC is owed nothing, a stance that could significantly alter payouts for creditors of both firms. Separately, Trump Media and Technology Group (DJT) announced a $400 million share buyback, explicitly stating the move will not impact its Bitcoin (BTC) treasury strategy. This reaffirmation of holding BTC as a corporate treasury asset, funded by a separate $2 billion raise, is a notable signal for the crypto market and contributed to a 3.8% rise in DJT stock.

According to FoxNews, the estate of bankrupt crypto exchange FTX has filed a motion to reject a $1.53 billion claim from the liquidators of hedge fund Three Arrows Capital (3AC). FTX's lawyers argue that 3AC is owed nothing, attributing the hedge fund's collapse to its own high-risk trading strategies and significant withdrawals prior to its downfall. The filing asserts that on June 12, 2022, the actual net value of 3AC's accounts was only $284 million, a figure drastically lower than the claimed amount. FTX contends that the loss in account value resulted from market price declines and 3AC's own actions, not any liquidation or improper activity by FTX. This legal challenge seeks to prevent other FTX creditors from having to cover losses from what FTX describes as 3AC's failed bets on rising cryptocurrency prices.

According to @KookCapitalLLC, the crypto market is witnessing significant legal and financial developments. In a recent court filing, the bankrupt crypto exchange FTX has rejected a $1.53 billion claim from Three Arrows Capital (3AC), arguing that 3AC's own risky trading strategy led to its collapse and that its account value was only $284 million, not the claimed amount. FTX asserts that "3AC is owed nothing." Meanwhile, the public markets are showing strong appetite for crypto-related equities, as analyzed by Aaron Brogan of Brogan Law. The recent IPO for Circle (USDC), which raised over $1 billion, has seen its market cap surge, potentially due to factors like a public market premium for crypto assets, upcoming stablecoin regulation via the GENIUS Act, and lucrative yields from Treasury reserves. This success has reportedly prompted firms like Gemini and Bullish to consider going public. Further bolstering market sentiment, Jean-Marie Mognetti of CoinShares revealed survey data showing nearly 90% of crypto holders plan to increase their allocations, indicating strong investor conviction and a demand for advisors with crypto expertise.

According to @FoxNews, NBA legend Shaquille O’Neal has agreed to a $1.8 million settlement to resolve a class-action lawsuit from investors of the collapsed cryptocurrency exchange FTX. The lawsuit alleged that O’Neal misled investors through his promotional advertisements for the platform. This settlement, which is more than double the reported $750,000 he was paid for the commercial, would release him from future claims without any admission of wrongdoing if approved. For traders, this event underscores the continuing legal and reputational risks associated with celebrity endorsements in the crypto space, highlighting the importance of due diligence beyond high-profile promotions.

According to @FoxNews, NBA legend Shaquille O’Neal has agreed to a $1.8 million settlement to resolve a class-action lawsuit related to his promotion of the collapsed crypto exchange FTX. The settlement, which awaits court approval, would release O'Neal from future claims without an admission of wrongdoing. Concurrently, the FTX bankruptcy estate is strongly contesting a $1.53 billion claim from the defunct crypto hedge fund Three Arrows Capital (3AC). FTX's lawyers argue in a court filing that 3AC is owed nothing, attributing the fund's collapse to its own risky trading strategies and market downturns. The estate claims the actual value of 3AC's accounts was only $284 million in June 2022, not the $1.53 billion claimed, and that any losses resulted from 3AC's own withdrawals and market price declines. The outcome of this dispute is significant for FTX creditors, as it will directly affect the total assets available for distribution from the bankruptcy proceedings.

According to FoxNews, NBA legend Shaquille O’Neal has agreed to a $1.8 million settlement in a class-action lawsuit filed by investors of the collapsed cryptocurrency exchange FTX. The lawsuit alleged that O'Neal misled investors through his promotional activities for the platform. This settlement amount is significantly higher than the $750,000 he was reportedly paid for the endorsement. The agreement, if approved, releases O'Neal from future claims related to the case without any admission of wrongdoing. This development is part of the ongoing legal fallout from the FTX collapse, where founder Sam Bankman-Fried was sentenced to 25 years in prison, highlighting the legal and financial risks associated with celebrity crypto endorsements for traders and the market.

According to @FoxNews, NBA legend Shaquille O’Neal has agreed to pay $1.8 million to settle a class-action lawsuit filed by investors of the collapsed cryptocurrency exchange FTX. The lawsuit alleged O'Neal misled investors by promoting the platform. This settlement amount is significantly higher than the reported $750,000 O'Neal received for the endorsement. For traders, this case underscores the increasing legal scrutiny and financial risks for celebrities promoting crypto assets, potentially impacting investor trust in similar endorsements. The settlement, if approved, will release O'Neal from future claims without an admission of wrongdoing, marking another chapter in the fallout from the FTX collapse, whose founder Sam Bankman-Fried was sentenced to 25 years in prison.

According to the source, NBA legend Shaquille O’Neal has agreed to a $1.8 million settlement to resolve a class-action lawsuit from investors of the collapsed crypto exchange FTX. The lawsuit alleged that O'Neal misled investors through his promotional activities for the exchange, for which he was reportedly paid $750,000. This settlement, which awaits court approval, releases him from future claims without any admission of wrongdoing, as reported by CNBC. This development is part of the ongoing legal repercussions from the FTX collapse, where founder Sam Bankman-Fried was sentenced to 25 years in prison, serving as a significant reminder to traders of the risks associated with celebrity endorsements in the cryptocurrency market.

According to insights shared by crypto commentator @cobie, the abbreviation 'SBF,' now widely associated with Sam Bankman-Fried and the collapsed FTX exchange, continues to influence crypto market sentiment and trader confidence. The widespread usage of 'SBF' in social media and news has cemented negative associations, impacting FTX token (FTT) price movements and overall trust in centralized exchanges, as evidenced by recent trading activity and user discussions (source: @cobie, Twitter, 2024-06-01). Traders should monitor sentiment indicators and social trends linked to SBF for potential volatility in FTT and related assets.

According to @ThinkingUSD on Twitter, there is a perceived media bias favoring venture capital-backed crypto exchanges such as FTX, often portraying their teams as exceptionally intelligent regardless of underlying issues (source: Twitter/@ThinkingUSD, May 25, 2025). For traders, this highlights the importance of critically evaluating news coverage and not relying solely on mainstream narratives when making trading decisions, especially regarding sentiment-driven price movements and potential volatility in tokens associated with VC-backed platforms.

According to @EmberCN on Twitter, FTX/Alameda executed their routine monthly transfer by redeeming 187000 SOL (worth $32.2 million) from staking and distributing it to 27 addresses about 7 hours ago. Historical on-chain data shows that most of these addresses subsequently deposit the transferred SOL into centralized exchanges like Coinbase or Binance, which often leads to increased sell pressure and can impact short-term SOL price volatility. Since November 2023, FTX/Alameda has cumulatively redeemed and transferred 821800 SOL through this method, making these movements significant for traders monitoring SOL liquidity and potential price swings. Source: @EmberCN on Twitter (May 13, 2025).

According to @AltcoinGordon on Twitter, FTX and Alameda have unstaked another 187,625 SOL tokens, valued at $32.24 million, on May 12, 2025 (source: @AltcoinGordon). This significant movement increases the circulating supply of Solana, raising concerns about potential sell pressure in the near term and impacting SOL price volatility. Traders should closely monitor on-chain activity and order books for potential large-volume transactions, as such events have previously led to increased short-term volatility and trading opportunities in the Solana market.

According to PeckShieldAlert, an address linked to FTX and Alameda has unstaked 187,600 SOL, valued at approximately $32.4 million as of May 12, 2025 (source: PeckShieldAlert on Twitter). This significant unstaking event may increase short-term selling pressure on Solana, potentially impacting its price volatility and overall market liquidity. Traders should closely monitor SOL order books and related on-chain movements for potential large-scale transfers to exchanges, which could signal imminent sell-offs and affect broader crypto market sentiment.

According to AltcoinGordon, the Mantra team allegedly held a substantial amount of $OM and market sold it, which could lead to a severe decline in the token's value. This event has sparked concerns of a potential rug pull similar to LUNA or FTX. Traders should closely monitor the situation as the team has yet to address these allegations, which could significantly impact $OM's market trajectory.

According to EmberCN, 6 hours ago, FTX/Alameda unstaked and distributed 186,000 SOL, valued at $21.56 million, to 22 different addresses. Historical data suggests that most of these addresses typically transfer the SOL to major exchanges like Coinbase or Binance. Since November 2023, FTX/Alameda has cumulatively unstaked and transferred 8.031 million SOL using this method.

According to Lookonchain, FTX/Alameda has unlocked another 186,326 SOL, valued at $21.5 million, one month later. This significant release of Solana tokens may impact the trading dynamics and liquidity of SOL in the market. Traders should consider the potential effects on SOL's price and market volatility.

According to Lookonchain, FTX/Alameda has unlocked an additional 186,326 SOL tokens, valued at $21.5 million, one month later. This could impact the trading volume and market liquidity of SOL, as such a significant release might influence supply dynamics in the short term. Traders should monitor SOL's price movements closely as market participants react to this development.

According to PeckShieldAlert, an FTX/Alameda-associated address has unstaked 186,000 SOL tokens, valued at approximately $21.56 million. This movement of SOL tokens may influence trading activity and liquidity in the Solana market, potentially affecting price dynamics in the short term.