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DeFi platform KiloEx to compensate users impacted by $7.5M hack
24.4.2025
Decentralized exchange (DEX) KiloEx said it will compensate traders and stakers hurt by a $7.5 million exploit that temporarily shut down the platform earlier in April.In an April 24 announcement, KiloEx said traders who had positions open while the platform was suspended would get full...
DeFi platform KiloEx to compensate users impacted by $7.5M hack
24.4.2025
Decentralized exchange (DEX) KiloEx said it will compensate traders and stakers hurt by a $7.5 million exploit that temporarily shut down the platform earlier in April.In an April 24 announcement, KiloEx said traders who had positions open while the platform was suspended would get full...
WazirX to Get Day in Court Next Month, With Payouts After 10 Days If Recovery Plan is Approved
22.4.2025
The exchange has wrapped up all prep work for the hearing, where the court will decide on approving WazirX’s restructuring and user compensation plan
LBank Lead Seven-Party Coalition in $15 Million Donation Drive for DEXX Compensation
8.2.2025
SINGAPORE, February 8, 2025 – LBank, a leading global cryptocurrency exchange, is leading the $15 million donation initiative to support users affected by the DEXX incident, joined by MEXC Ventures, HashKey Capital, SevenX Ventures, and Mask Network. Beyond compensation, this initiative aims...
Ex-CEO of Mine Digital stole $1.5M from a Bitcoiner, says regulator
22.10.2024
The dodgy transaction happened just two months before the firm went bust in September 2022, says the Australian financial regulator.
Washington Investors Set to Reclaim Digital Currency in GS Partners Settlement
11.10.2024
After over a year of negotiations, the Washington State Department of Financial Institutions (DFI) has joined a multi-state settlement agreement with GS Partners. Accused of violations under Washington’s Securities Act, the case centers on GS Partners’ Metacertificates and a multi-level...
Bitget Token Tumbles 52% on 'Market Sluggishness,' Exchange Says, While Promising Compensation
7.10.2024
Crypto exchange Bitget promised to compensate holders of its native Bitget Token (BGB) for losses suffered during a slump of as much as 52% on Monday
US, Canadian investors to get full compensation in GSB Group settlement
9.9.2024
The German group is accused of running a multilevel marketing scheme that took in hundreds of millions of dollars in supposed crypto and metaverse investments
US, Canadian investors to get full compensation in GSB Group settlement
9.9.2024
The German group is accused of running a multilevel marketing scheme that took in hundreds of millions of dollars in supposed crypto and metaverse investments
Women in crypto earn 15% more than men: Pantera Capital survey
31.7.2024
Women comprise a larger proportion of mid-level and senior positions compared to entry levels, which are dominated by men, Pantera’s researchers said
Li.Fi releases incident report following $11M hack
18.7.2024
The team also announced it was working on a voluntary compensation plan to reimburse 100% of funds to users affected by the exploit
HTX Completes Millions in Compensation to Users Affected by the pGALA Token Incident
11.7.2024
PRESS RELEASE. HTX announces that millions in compensation to users affected by the pGALA token incident has been completed this week, including cash payouts, in-platform benefits, and Gala nodes. In April 2023, HTX announced an agreement with Gala Games to compensate users affected by the pGALA...
Multichain Foundation to pay $2.1M to Fantom for losses
9.7.2024
The High Court of Singapore ordered Multichain to compensate the Fantom Foundation after a $210 million hack, awarding $2.18 million in damages
Detained Binance Employee Includes Financial Compensation Demand in Amended Rights Lawsuit
23.6.2024
The jailed Binance employee, Tigran Gambaryan, recently requested permission to amend his fundamental human rights violation against Nigerian law enforcement agencies. The amended proposal reportedly seeks “the costs of this action on a full indemnity basis.” The Economic and Financial...
Japanese crypto exchange raises $320M to recover funds after major hack
5.6.2024
DMM Bitcoin aims to compensate users for a $320 million loss following a major hack by raising equivalent funds
Bankruptcy law firm S&C absolved from misconduct according to new FTX proposal
8.5.2024
FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities
FTX plans full pay back all creditors ‘plus billions in compensation’
8.5.2024
Under the plan, 98% of FTX creditors will get at least 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says FTX
FTX addresses transferred $8.3M one day before amended proposal deadline
6.5.2024
The transfer occurred a day before FTX debtors are set to release a new restructuring plan for the exchange
Mt. Gox Trustee Reveals Updated Bitcoin and Fiat Repayment Schedule for Creditors
22.4.2024
The last round of Mt. Gox's much awaited creditor compensation process is now approaching. By October 2024, the bankrupt exchange is expected to payout 142,000 Bitcoin (BTC), 143,000 Bitcoin Cash (BCH), and 69 billion Japanese yen ($510 million), according to a post published on Reddit on April...
Slerf and LBank Launch Donation Campaign: Over 2600 SOL Raised in 12 Hours for Compensation Initiative
20.3.2024
PRESS RELEASE. In a remarkable show of solidarity and community support, Slerf, in partnership with LBank, has initiated a donation campaign that has garnered extraordinary attention. Within just 12 hours of its launch, the campaign’s dedicated blockchain address...