U.S. law firm Fenwick & West, which advised FTX before its 2022 blockbuster collapse and bankruptcy, has agreed to settle a lawsuit by FTX customers who alleged the firm helped the crypto exchange’s ...
Early release, SEC bans, and divided reactions define Caroline Ellison’s next chapter in the long shadow of FTX.
Backpack Exchange, a centralized cryptocurrency platform, has responded to claims made by the FTX Recovery Trust disputing the legality of its acquisition of FTX EU. On Jan. 8, Backpack said it had ...
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FTX sets next distribution date, seeks amendment to disputed claims reserve
FTX has set the next distribution record date to February 14, with the actual distribution to holders of allowed claims expected to commence on March 31.
In a Sunday filing with a Delaware court, FTX cites a 2021 transaction in which Binance, Zhao and others exited their investment in FTX, selling a 20% stake in the platform and a 18.4% stake in its ...
Following the acquisition, FTX Japan will be renamed and operate a crypto custody service that will feature crypto ETFs once such products are allowed in Japan. Japanese cryptocurrency exchange ...
Bankrupt cryptocurrency exchange FTX has announced plans to begin distributing payments to creditors and customers in early 2025. This follows the approval of its Chapter 11 Plan of Reorganization, ...
The FTX bankruptcy estate has disputed the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet firm founded by former FTX and Alameda employees. The FTX estate said ...
According to court documents viewed by The Verge, Binance at one point sold back its 20 percent stake in FTX’s international arm and its 18.4 percent stake in its U.S. unit. Bankman-Fried paid for ...
(Reuters) -A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday. FTX drew customers ...
It took less than a week for FTX to go from the third-largest cryptocurrency exchange in the world to bankruptcy court. The embattled cryptocurrency exchange, short billions of dollars, is seeking ...
The FTX Recovery Trust has unveiled plans for its third round of distributions, injecting approximately $1.6 billion back into the pockets of affected creditors. Scheduled to commence on September 30, ...
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