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FTX users fight to unlock $2.2B in still-disputed bankruptcy claims
11.6.2025
FTX creditors are awaiting progress on at least $2.2 billion worth of disputed claims, with some users reporting issues with the KYC verification process
Ether More Favored by Traders as Volatility Against Bitcoin Hits Highest Since FTX Crash
10.6.2025
ETH call options are trading at a higher premium on Deribit, making it more favorable to traders
$5B in FTX Funds Are Hitting Wallets—Will Crypto Markets Get a Second Wind?
1.6.2025
On Friday, the estate managing the collapsed crypto exchange FTX announced that its recovery trust had begun disbursing over $5 billion tied to both convenience and non-convenience class claims. As distributions roll out over the following three days, Coinbase Institutional observed in its weekly...
FTX starts $5B payouts — Here’s what you need to know
30.5.2025
The payouts to FTX creditors have sparked both controversy and speculation that the payouts could be reinvested back in the crypto markets
FTX starts $5B payouts — Here’s what you need to know
30.5.2025
The payouts to FTX creditors have sparked both controversy and speculation that the payouts could be reinvested back in the crypto markets
FTX starts $5B payouts — Here’s what you need to know
30.5.2025
The payouts to FTX creditors have sparked both controversy and speculation that the payouts could be reinvested back in the crypto markets
FTX Repayments May Have Positive Market Impact: Coinbase
30.5.2025
Creditor payments via BitGo and Kraken are expected within three business days amid shifting market conditions
FTX Gets Hollywood Treatment With Julia Garner as Caroline Ellison in Netflix Series
30.5.2025
Netflix will release a limited series dramatizing the rise and fall of cryptocurrency exchange FTX and its leaders, Sam Bankman-Fried (SBF) and Caroline Ellison. ‘The Altruists’ to Explore $8B FTX Fraud with Julia Garner and Anthony Boyle “The Altruists,” an eight-episode Netflix...
FTX Set for $5 Billion Stablecoin Creditor Payment This Week
29.5.2025
FTX will distribute over $5 billion in stablecoins on May 30. Recovery rates vary by creditor class under…
Sam Bankman-Fried Reportedly Could Be Released Four Years Early
27.5.2025
Former FTX CEO Sam Bankman-Fried has been sentenced to 25 years in prison for his role in a fraud scheme involving the misappropriation of customer funds to his hedge fund, Alameda Research. According to a Business Insider report, the Bureau of Prisons (BOP) estimates that he could be released...
Sam Bankman-Fried’s Prison Sentence Could be Cut by Over 4 Years: Business Insider
26.5.2025
His sentence could be reduced due to accumulated “Good Conduct Time” and participation in prison programs
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...