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Bitgo, Kraken Partner With FTX for Jan. 3 Payment Distribution
16.12.2024
FTX Trading Ltd. (FTX) and its affiliated debtors have locked in Jan. 3, 2025, as the kickoff day for their court-endorsed Chapter 11 Reorganization Plan. FTX Creditor Distribution Is Coming Soon According to the press release, this date will also act as the debut distribution record for creditors...
Kraken and BitGo will help distribute the first FTX payments in 2025
16.12.2024
More than two years after the cryptocurrency exchange filed for bankruptcy, the first group of FTX claimants could see recovery payments distributed as early as January
Binance inflows hit $24 billion from 250M user base in 2024
13.12.2024
Institutional investors have played a large role in Binance’s $24.2 billion net inflows so far in 2024
Binance inflows hit $24 billion from 250M user base in 2024
13.12.2024
Institutional investors have played a big role in Binance’s $24.2 billion net inflows so far in 2024
FTX debtors recover $14M in political donations
11.12.2024
A bankruptcy court filing showed FTX’s debtors reached settlements with political action committees and state-level Democratic parties over political contributions
FTX debtors recover $14M in political donations
11.12.2024
A bankruptcy court filing showed FTX’s debtors reached settlements with political action committees and state-level Democratic parties over political contributions
Paul Atkins’ FTX Ties Raise Regulatory Concerns
10.12.2024
Paul Atkins, Donald Trump’s pick to lead the SEC, is linked to the FTX’s collapse which has sparked…
SBF Working on Million-Dollar Memoir, FTX Victims to Get Royalty
9.12.2024
Sam Bankman-Fried (SBF), the former billionaire and cofounder of the collapsed FTX crypto exchange, is reportedly drafting a…
CFTC bags record $17B in 2024 thanks to massive crypto enforcement
5.12.2024
The US commodities regulator recovered $12.7 billion in the FTX case, which was the “largest recovery for victims and sanctions in CFTC history.”
After FTX, Celsius Network Founder Pleads Guilty to Fraud
3.12.2024
Following the FTX saga, Alex Mashinsky, the former CEO and founder of Celsius Network, has pleaded guilty to…
South Korea’s Delio declared bankrupt with $1.75B in assets lost
22.11.2024
A creditors' meeting will be held in March, but their funds reportedly disappeared into the chaos of the FTX collapse
FTT Soars 30% After FTX Shares Key Update On Reorganisation Plan
22.11.2024
FTT, a native token of the now-bankrupt cryptocurrency exchange FTX, has surged over 30% in the last 24…
Solana breaks all-time high on Coinbase, 2 years after FTX catastrophe
22.11.2024
Solana prices have surged a whopping 11% on the day returning to their all-time high last visited three years ago.
FTX provides a timeline for creditor and client reimbursement payouts
21.11.2024
After two years of bankruptcy hearings, FTX creditor reimbursements are set to begin, but the FTX estate remains embroiled in litigation
‘Cowardly Path’ Leads to Redemption: Former FTX Exec Gary Wang Skates on Prison Sentence
20.11.2024
Inner City Press reports that the former FTX executive Gary Wang, who admitted to creating the code enabling Sam Bankman-Fried to misappropriate $8 billion from the now-bankrupt cryptocurrency exchange, has avoided prison. Crypto Whistleblower or Accomplice? FTX’s Gary Wang Avoids Prison...
FTX co-founder Gary Wang sentenced to time served
20.11.2024
Wang was the final FTX executive awaiting sentencing over the 2022 exchange collapse and subsequent fraud charges
FTX Co-Founder ‘Gary Wang’ Wins 3 Years Supervised Release
20.11.2024
During the latest hearing, FTX co-founder and close colleague of Sam Bankman Fried, Gary Wang has been dodged…
Former FTX CTO Gary Wang Won’t Have To Serve Prison Time, Judge Rules
20.11.2024
Former FTX chief technology officer and close friend of Sam Bankman-Fried, Gary Wang, won’t have to serve prison time for his involvement in the crypto exchange’s fraud scheme, The New York Times reported
Final FTX exec to be sentenced on Nov. 20 — What should users expect?
19.11.2024
Three of the five individuals indicted in the FTX case have been sent to prison, while one was given time served
FTX Targets Binance and CZ With $1.8 Billion Clawback
15.11.2024
Crypto mogul Changpeng Zhao—notoriously known as “CZ”—may be out of prison, but he’s not out of hot water yet. The bankruptcy estate of former-leviathan FTX has filed suit against Binance and its ex-CEO, CZ, seeking to recoup nearly $1.8 billion in allegedly...