{"id":451096,"date":"2024-11-01T11:08:59","date_gmt":"2024-11-01T11:08:59","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=451096"},"modified":"2024-11-01T11:08:59","modified_gmt":"2024-11-01T11:08:59","slug":"ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/","title":{"rendered":"FTX eyes $21 million asset recovery through settlements with bank and charity organization"},"content":{"rendered":"<p>Bankrupt crypto exchange <a href=\"https:\/\/cryptoslate.com\/companies\/ftx\/\">FTX<\/a> has reached settlement agreements with Evolve Bank and Silicon Valley Community Foundation (SVCF) that could enable it to recover up to $21 million in assets.<\/p>\n<p>According to Oct. 30 court filings, these settlements still require court approval, with a hearing set for Nov. 20.<\/p>\n<h2>Evolve Bank settlement<\/h2>\n<p>Before <a href=\"https:\/\/cryptoslate.com\/bitcoin-volume-in-loss-hit-highest-level-since-ftx-collapse\/\">FTX's collapse<\/a> in 2022, Evolve Bank maintained three accounts for West Realm Shires Services Inc., an FTX affiliate, under a Master Bank Services Agreement (MBSA). These accounts held more than $13 million in deposits on behalf of the FTX affiliate.<\/p>\n<p>Initially, Evolve Bank filed a non-customer Proof of Claim for the full balance, citing indemnity and potential legal fees associated with the MBSA. However, the bank did not initially quantify these expenses.<\/p>\n<p>After extensive negotiations, FTX and Evolve Bank agreed on a stipulation whereby the financial institution will promptly return approximately $12.77 million to the defunct firm while retaining $462,698.65 as indemnification expenses.<\/p>\n<p>Additionally, Evolve Bank will waive all current and potential claims against FTX, including indemnity and expense claims under the MBSA.<\/p>\n<p>FTX filed this settlement with the US Bankruptcy Court for the District of Delaware to expedite asset recovery and avoid prolonged litigation.<\/p>\n<h2>Silicon Valley Community Foundation settlement<\/h2>\n<p>Similarly, FTX has negotiated a settlement with SVCF to recover at least $8,574,674.07 and 34,208.70 <a href=\"https:\/\/cryptoslate.com\/coins\/ftx-token\/\">FTT<\/a> without entering litigation.<\/p>\n<p>According to the court filing, former FTX executives <a href=\"https:\/\/cryptoslate.com\/judge-grants-leniency-to-nishad-singh-in-ftx-scandal-for-crucial-cooperation\/\">Nishad Singh<\/a> and <a href=\"https:\/\/cryptoslate.com\/people\/caroline-ellison\/\">Caroline Ellison<\/a> donated 434,500 FTT tokens to the Foundation in December 2021.<\/p>\n<p>Between January and November 2022, SVCF sold part of these tokens for $13,625,161, of which $5 million was allocated to external grants. This leaves the organization with a balance of\u00a0at least $8,574,674.07 and 34,208.70 FTT.<\/p>\n<p>FTX's bankruptcy team contends that it has valid grounds to reclaim the assets transferred by Singh and Ellison.<\/p>\n<p>So, the Foundation agreed with the failed exchange to return the $8.57 million and the remaining FTT tokens\u2014less administrative fees and costs\u2014to sidestep the need for litigation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bankrupt crypto exchange FTX has reached settlement agreements with Evolve Bank and Silicon Valley Community Foundation (SVCF) that could enable it to recover up to $21 million in assets. According to Oct. 30 court filings, these settlements still require court approval, with a hearing set for Nov. 20. Evolve Bank settlement Before FTX&#8217;s collapse in [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":451097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77901,39,77968],"tags":[76833],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FTX eyes $21 million asset recovery through settlements with bank and charity organization<\/title>\n<meta name=\"description\" content=\"Settlements with Evolve Bank and Silicon Valley Foundation offer FTX a litigation-free path to $21 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FTX eyes $21 million asset recovery through settlements with bank and charity organization\" \/>\n<meta property=\"og:description\" content=\"Settlements with Evolve Bank and Silicon Valley Foundation offer FTX a litigation-free path to $21 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-01T11:08:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/11\/ftx-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/hardeyjumoh\",\"https:\/\/www.linkedin.com\/in\/oluwapelumi-adejumo\",\"https:\/\/muckrack.com\/oluwapelumi-adejumo\"]},\"headline\":\"FTX eyes $21 million asset recovery through settlements with bank and charity organization\",\"datePublished\":\"2024-11-01T11:08:59+00:00\",\"dateModified\":\"2024-11-01T11:08:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/\"},\"wordCount\":324,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"keywords\":[\"ftx\"],\"articleSection\":[\"Bankruptcy\",\"Exchanges\",\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/\",\"url\":\"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/\",\"name\":\"FTX eyes $21 million asset recovery through settlements with bank and charity organization\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2024-11-01T11:08:59+00:00\",\"dateModified\":\"2024-11-01T11:08:59+00:00\",\"description\":\"Settlements with Evolve Bank and Silicon Valley Foundation offer FTX a litigation-free path to $21 million.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FTX eyes $21 million asset recovery through settlements with bank and charity organization\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/b333928a322ba4c082e8bb2ad0f14eb6\",\"name\":\"Oluwapelumi Adejumo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-150x150.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"description\":\"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.\",\"jobTitle\":\"Reporter\",\"worksFor\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"FTX eyes $21 million asset recovery through settlements with bank and charity organization","description":"Settlements with Evolve Bank and Silicon Valley Foundation offer FTX a litigation-free path to $21 million.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/","og_locale":"en_US","og_type":"article","og_title":"FTX eyes $21 million asset recovery through settlements with bank and charity organization","og_description":"Settlements with Evolve Bank and Silicon Valley Foundation offer FTX a litigation-free path to $21 million.","og_url":"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/","og_site_name":"CryptoSlate","article_published_time":"2024-11-01T11:08:59+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/11\/ftx-.jpg","type":"image\/jpeg"}],"author":"Oluwapelumi Adejumo","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Oluwapelumi Adejumo","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person","name":"Oluwapelumi Adejumo","url":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg","caption":"Oluwapelumi Adejumo"},"jobTitle":"Senior Reporter","description":"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/hardeyjumoh","https:\/\/www.linkedin.com\/in\/oluwapelumi-adejumo","https:\/\/muckrack.com\/oluwapelumi-adejumo"]},"headline":"FTX eyes $21 million asset recovery through settlements with bank and charity organization","datePublished":"2024-11-01T11:08:59+00:00","dateModified":"2024-11-01T11:08:59+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/"},"wordCount":324,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"keywords":["ftx"],"articleSection":["Bankruptcy","Exchanges","Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/","url":"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/","name":"FTX eyes $21 million asset recovery through settlements with bank and charity organization","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2024-11-01T11:08:59+00:00","dateModified":"2024-11-01T11:08:59+00:00","description":"Settlements with Evolve Bank and Silicon Valley Foundation offer FTX a litigation-free path to $21 million.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/ftx-eyes-21-million-asset-recovery-through-settlements-with-bank-and-charity-organization\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"FTX eyes $21 million asset recovery through settlements with bank and charity organization"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/t.me\/cryptoslatenews","https:\/\/www.tiktok.com\/@cryptoslatenews"],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/b333928a322ba4c082e8bb2ad0f14eb6","name":"Oluwapelumi Adejumo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-150x150.jpg","caption":"Oluwapelumi Adejumo"},"description":"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.","jobTitle":"Reporter","worksFor":"CryptoSlate","url":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/451096"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/720"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=451096"}],"version-history":[{"count":5,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/451096\/revisions"}],"predecessor-version":[{"id":451130,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/451096\/revisions\/451130"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/451097"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=451096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=451096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=451096"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=451096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}