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Binance Moves to Dismiss FTX’s $1.76B Claim, Citing Legal Deficiencies
20.5.2025
Binance has filed a motion to dismiss the $1.76 billion lawsuit brought by the FTX bankruptcy estate, stating…
Binance seeks to dismiss $1.76B FTX lawsuit, blames SBF for collapse
20.5.2025
Binance has filed a motion to dismiss a $1.76 billion lawsuit brought by the FTX estate, accusing the defunct crypto exchange of trying to deflect blame for its own failure.Filed on May 16 in the Delaware Bankruptcy Court, Binance’s legal team called the suit “legally deficient,”...
FTX to Pay Over $5B to Creditors as Bankrupt Exchange Gears Up for Distribution
16.5.2025
Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback
FTX estate to start distributing more than $5B on May 30
15.5.2025
More than two-and-a-half years after filing for bankruptcy, cryptocurrency exchange FTX is moving forward with repaying users who have not had access to their funds.In a May 15 notice, the FTX Recovery Trust announced that it would begin disbursing funds to the second group of parties eligible...
FTX Creditors to Receive Over $5B in Second Payout Starting May 30
15.5.2025
The FTX Recovery Trust explained on Thursday that it will distribute more than $5 billion to creditors starting May 30, 2025, as part of its court-approved Chapter 11 bankruptcy reorganization plan. Distribution Date Set for FTX’s $5B Creditor Repayment The distribution, the second under FTX’s...
FTX EU creditors can now withdraw money from Backpack exchange
12.5.2025
Crypto exchange Backpack announced that customers of the defunct crypto exchange FTX EU can begin reclaiming their funds through its service.According to a May 12 X post, Backpack now allows FTX EU users who selected it as the redistribution platform to claim their euro balance. Users must first...
Former FTX exec's wife says gov't 'induced a guilty plea'
8.5.2025
Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors deceived her husband in a plea deal.In a May 7 filing in the US District Court for the Southern District of New York...
Former FTX exec's wife says gov't 'induced a guilty plea'
8.5.2025
Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors deceived her husband in a plea deal.In a May 7 filing in the US District Court for the Southern District of New York...
FTX sues NFT Stars and Kurosemi in push to recover tokens
30.4.2025
Bankrupt crypto exchange FTX has filed lawsuits against the non-fungible token marketplace NFT Stars and the blockchain gaming firm Kurosemi, which operates as Delysium, accusing them of withholding tokens they owed.The lawsuits, both filed in the Delaware bankruptcy court, alleged that NFT Stars...
FTX sues NFT Stars and Kurosemi in push to recover tokens
30.4.2025
Bankrupt crypto exchange FTX has filed lawsuits against the non-fungible token marketplace NFT Stars and the blockchain gaming firm Kurosemi, which operates as Delysium, accusing them of withholding tokens they owed.The lawsuits, both filed in the Delaware bankruptcy court, alleged that NFT Stars...
FTX Estate Sues NFT Stars and Kurosemi Over Unreturned Tokens
29.4.2025
The FTX Estate has initiated legal action against NFT Stars Limited and Kurosemi Inc., accusing them of failing to deliver contractually owed tokens. FTX Still Open to Engagement The entity overseeing the estate of the collapsed cryptocurrency exchange FTX announced on April 28 that it...
Sam Bankman-Fried moved to a low-security prison — so what?
25.4.2025
Sam “SBF” Bankman-Fried, the disgraced co-founder of collapsed cryptocurrency exchange FTX, to a low-security US federal correctional institutionBankman-Fried was moved to the low-security Terminal Island federal correctional institution. Previously, he was located at the Victorville...
Shaq Inks Deal to Settle With FTX Investors Over Boosting Failed Crypto Exchange
24.4.2025
The suit named a host of other celebrity promoters, including baseball player Shohei Otani, comedian Larry David, and model Gisele Bundchen
Shaquille O’Neal reaches settlement in FTX lawsuit, terms remain secret
24.4.2025
Shaquille O’Neal has settled with investors who claim losses from the collapse of cryptocurrency exchange FTX, according to an April 23 filing in the US District Court for the Southern District of Florida.The settlement amount remains confidential, with terms expected to be disclosed once...
Shaquille O’Neal reaches settlement in FTX lawsuit, terms remain secret
24.4.2025
Shaquille O’Neal has settled with investors who claim losses from the collapse of cryptocurrency exchange FTX, according to an April 23 filing in the US District Court for the Southern District of Florida.The settlement amount remains confidential, with terms expected to be disclosed after...
Binance's Potential Zcash Delisting Met With Dismay From Industry Heavyweights
15.4.2025
The token appeared on a Binance delisting list alongside FTX's FTT token
Tron Founder: First Digital Trust Situation ‘Significantly Worse’ Than FTX
7.4.2025
Tron founder Justin Sun has compared the controversy surrounding First Digital Trust to that of FTX before its collapse but insists the former’s case is “significantly worse.” The FTX Comparison Tron blockchain founder Justin Sun has compared First Digital Trust’s (FDT) situation...
Nearly 400,000 FTX users risk losing $2.5 billion in repayments
6.4.2025
Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.Roughly 392,000 FTX creditors have failed to complete or at least take the first steps of...
Nearly 400,000 FTX users risk losing $2.5 billion in repayments
6.4.2025
Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.Roughly 392,000 FTX creditors have failed to complete or at least take the first steps of...
Crypto Biz: The ‘worst quarter’ since the FTX collapse is finally behind us
4.4.2025
The election of US President Donald Trump was supposed to usher in a golden era of crypto. Although the regulatory stars are aligning, the crypto industry just experienced its worst quarter in years.The prices of Bitcoin (BTC) and Ether (ETH) recorded their worst Q1 in seven years, market sentiment...