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FTX estate sues KuCoin to recover over $50M in assets
29.10.2024
The assets were initially valued at $28 million but now exceeded $50 million due to market fluctuations. The assets have been frozen by KuCoin since FTX's collapse in November 2022
FTX estate sues KuCoin to recover over $50M in assets
29.10.2024
The assets were initially valued at $28 million but now exceeded $50 million due to market fluctuations. The assets have been frozen by KuCoin since FTX's collapse in November 2022
FTX settles lawsuit against Bybit exchange for $228 million
27.10.2024
The prices of Bitcoin and other digital assets were significantly lower during the 2022 collapse of FTX compared to current market prices
FTX settles lawsuit against the Bybit exchange for $228 million
27.10.2024
The prices of Bitcoin and other digital assets were significantly lower during the 2022 collapse of FTX compared to current market prices
FTX settles lawsuit against the Bybit exchange for $228 million
27.10.2024
The prices of Bitcoin and other digital assets were significantly lower during the 2022 collapse of FTX compared to current market prices
Delaware Judge Approves FTX Estate’s Bankruptcy Plan
7.10.2024
A U.S. court approved FTX’s bankruptcy plan on Monday, which will see the majority of the crypto exchange’s customers get the equivalent of their 2022 losses, and then some
Jump Trading Drags FTX Estate to Court Over $264M Serum Token Loan
11.7.2024
Jump Trading's Tai Mo Shan subsidiary is seeking nearly $264 million in damages over a failed delivery of SRM tokens – more than the protocol's current market cap
Settlement agreement of $885 million between FTX estate and IRS
5.6.2024
FTX debtors must pay the Internal Revenue Service $200 million and a remaining property claim of $685 million. The new agreement will feature the FTX estate paying the Internal Revenue Service nearly $1 billion. The sum totaling $885 million is very low compared to the $24 billion demanded by...
FTX Estate Sells Remaining Discounted Solana Tokens in Bid to Repay Creditors
26.5.2024
The FTX estate, responsible for managing the defunct exchange's bankruptcy, has auctioned off the last of its heavily discounted Solana (SOL) tokens.
The post FTX Estate Sells Remaining Discounted Solana Tokens in Bid to Repay Creditors appeared first on Cryptonews
FTX estate offloads the last of its highly discounted Solana tokens
24.5.2024
The estate charged with overseeing the FTX bankruptcy has auctioned the last of its highly discounted SOL tokens to Pantera Capital and Figure Markets
Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity
19.5.2024
Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct trading platform rose above $2 per unit. Astonishingly, despite being tied to...
Pantera Capital Secures More Solana Tokens in FTX Bankruptcy Auction: Bloomberg
26.4.2024
Bloomberg reports that Pantera won bids for some of the 41 million locked Solana tokens during an FTX estate auction this week.
The post Pantera Capital Secures More Solana Tokens in FTX Bankruptcy Auction: Bloomberg appeared first on Cryptonews
FTX Estate Set To Auction Locked Solana Tokens, Figure CEO Mike Cagney Says
22.4.2024
The FTX estate is set to auction off the next lot of its long-awaited locked Solana tokens, Figure CEO Mike Cagney alleged in a Saturday post to X.
The post FTX Estate Set To Auction Locked Solana Tokens, Figure CEO Mike Cagney Says appeared first on Cryptonews
FTX Estate Plans Auction for Locked Solana Tokens
22.4.2024
Bankrupt cryptocurrency exchange FTX is preparing to offload more of its locked Solana (SOL) tokens through an auction, diverging from its previous method of selling at a set price, as announced by Mike Cagney of Figure Markets. This decision follows FTX’s recent sales of SOL tokens...
Solana Price Prediction as FTX Estate Sells $1.9 Billion Worth of SOL – Will SOL Rally Now?
7.4.2024
Solana Price Prediction In a startling market move, FTX’s estate liquidated approximately $1.9 billion of its Solana (SOL) holdings, significantly below current market rates, sparking widespread speculation on Solana’s price prediction. This massive sell-off, constituting over half...
FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny
5.4.2024
In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were not immediately available due to a vesting schedule. Insiders Say FTX Sold Millions of Locked Solana...
How Many Years Will Sam Bankman-Fried Get In Prison, Really?
22.3.2024
Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison. Former U.S. Assistant Attorney and white-collar crime expert Kevin J. O'Brien weighs in on the FTX estate and Bankman-Fried's prison time.
The...
Pantera Capital in Quest for Funds to Acquire Solana from Bankrupt FTX Estate
8.3.2024
Crypto asset manager Pantera Capital is seeking funding from major investors to purchase Solana (SOL) tokens at a discounted rate from the bankrupt FTX estate.
The post Pantera Capital in Quest for Funds to Acquire Solana from Bankrupt FTX Estate appeared first on Cryptonews
FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules
23.2.2024
The FTX bankruptcy estate has been granted approval to sell its stake in artificial intelligence (AI) startup Anthropic, court filings from Thursday show
FTX Estate to Monetize AI Investment, Seeks Sale of Anthropic Shares Amid Bankruptcy Proceedings
5.2.2024
In a significant move within the crypto bankruptcy landscape, FTX Trading Ltd. has announced its intention to sell its equity interests in the artificial intelligence (AI) firm, Anthropic PBC. Holding close to an 8% stake, valued between approximately $1.47 billion to upwards of $2.4 billion,...