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Nalezeno "ftx liquidation": 8

SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan


The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay back claims using its “crypto asset securities.” The SEC’s Senior Trial Counsel, Therese Scheuer, has reserved the right to challenge these transactions under federal securities laws. FTX’s Crypto...

Yield App Suspends Operations Ahead of Liquidation


Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation proceedings. The Seychelles-based company halted operations due to significant portfolio losses from...

Expect crypto and altcoin selling pressure amid FTX liquidation


FTX is bankrupt and has received approval from the court to sell its crypto holdings. These are worth approximately $3.4 billion. The assumption is that it will cause selling pressure on the crypto community at a time when every token is eyeing a recovery from its past losses. For instance, BTC...

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