FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...
As the saga and long shadow of FTX continues to dominate crypto discourse, the recent news that the long-awaited bankruptcy distribution had been approved was - justifiably so – a headline generating ...
Despite the collapsed crypto exchange's claim of recovering enough funds to pay back most creditors, some former customers argue they’re being left in the lurch. Last month, lawyers overseeing FTX’s ...
FTX, the bankrupt cryptocurrency exchange formerly helmed by fraudster Sam Bankman-Fried, has agreed to pay $12.7 billion to customers blindsided by Bankman-Fried’s deceptions covering up FTX’s ...
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 ...
FTX bankruptcy plan approved, with 98% of creditors to receive full repayment plus compensation. Analysts predict up to $2.4 billion could flow back into crypto market, potentially boosting Bitcoin in ...
A federal appeals court in New York was skeptical of arguments by a lawyer for Sam Bankman-Fried that his conviction for fraud should be tossed out. SBF was convicted in November 2023 of seven ...
Plaintiffs’ focus has narrowed to one law firm that they allege enabled FTX’s rise and concealed its faults. A motion to dismiss and a request for leave to amend the complaint are now before U.S.
Posts from this topic will be added to your daily email digest and your homepage feed. The crypto exchange’s restructuring team has more than enough to repay FTX’s $11 billion debt. The crypto ...
The former largest crypto exchange platform, FTX, is now taking the fight to the current biggest DCE (digital currency exchange), Binance, which seeks a whopping $1.76 billion to be returned to the ...
For a fourth time, Cyrpus’ securities regulator has extended the suspension of FTX Europe, which stops trading on the platform but allows customers to withdraw funds. Cyprus’ financial regulator ...
The prices of Bitcoin and other digital assets were significantly lower during the 2022 collapse of FTX compared to current market prices. The FTX bankruptcy estate agreed to a $228 million settlement ...
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