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Collectible Maker Claims Sony Suddenly Ordered Destruction Of Playstation Merchandise
28.9.2023
A video game-themed collectible storefront claims Sony ordered it to destroy all of its licensed PlayStation-themed merchandise, chief among them being statues based on The Last Of Us Part II, God of War, and Bloodborne.Read more
FTX Bankruptcy Claims Skyrocket as Company Recovers $7.3 Billion in Assets
28.9.2023
According to a Wednesday report by digital assets platform Matrixport, the market value of bankruptcy claims against crypto exchange FTX has more than tripled this year. This comes ahead of the founder and CEO Sam Bankman-Fried's impending criminal trial set to begin next week....
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FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B
28.9.2023
The expected payout to FTX creditors has reached 37 cents on the dollar, the highest since the company’s bankruptcy filing in late 2022. One top distressed-debt investor describes FTX claims as the “hottest ticket in town.”
Arbitrum Treasury Richer by $59M as Users Miss Claims Deadline
25.9.2023
Users had nearly six months to claim the tokens after an airdrop in March
Clock Ticks Slower for Justin Sun and Rainberry: Court Grants Extension Amid SEC Allegations
24.9.2023
In the lawsuit pitched by the U.S. Securities and Exchange Commission (SEC) against Tron’s brainchild, Justin Sun, and his enterprise Rainberry, a judicial nod has been granted for an extended timeline for the defense. Sun now has until December 8, 2023, giving his attorneys a broader window...
A Lehman Opportunity — Distressed-Debt Titans Eye Huge Returns in FTX Claims Market
23.9.2023
Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over $250 million in FTX claims, court records reveal....
Blockbuster Crypto Wall Street Memes Token to List on Binance in 3 Days Claims Source, Next Pepe 100x Coin Incoming?
23.9.2023
There are three days to go before Wall Street Memes, one of 2023’s biggest crypto presales, launches on exchanges, and Binance could be among the tier 1 trading venues being targeted.
$WSM coin is at the center of a plan to monetize the meme stocks movement and bring that energy...
Binance Seeks Dismissal of SEC Lawsuit — Claims SEC ‘Distorts’ Securities Laws to Gain Power Over Crypto Industry
23.9.2023
Crypto exchange Binance and its CEO Changpeng Zhao (CZ) have filed a motion to dismiss the lawsuit against them by the U.S. Securities and Exchange Commission (SEC). “It is clear that the SEC’s lawsuit has no foundation in the currently enacted securities laws,” they argued...
Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report
22.9.2023
It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved
Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims
21.9.2023
An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021
Meta refutes claims of copyright infringement in AI training
20.9.2023
In a lawsuit against Sarah Silverman and other authors Meta claims its AI system does not create copyright infringing material
Crypto Influencer 'BitBoy' Claims He Received Death Threats, Begs Followers to Donate For His Legal Fund
20.9.2023
Crypto influencer Ben Armstrong, who was recently ousted from the company he created, claimed he has been receiving death threats from Hit Network.
As reported earlier, the founder of BitBoy Crypto filed a lawsuit in Georgia, USA, naming Hit Network CEO Timothy 'TJ' Shedd Jr., his father Timothy...
Microbt Plans to Launch Next-Gen Bitcoin Mining Machine With 1X Efficiency Rating
20.9.2023
On September 19, 2023, Microbt, the manufacturer of bitcoin (BTC) application-specific integrated circuit (ASIC) mining rigs, revealed its intentions to introduce an innovative mining machine with an efficiency rating of 1X joules per terahash (J/T). This announcement from Microbt closely follows...
CZ post on X about Ceffu and Binance.US contradicts SEC claims, adds to confusion
19.9.2023
“It is more than likely that BAM still doesn’t understand what Ceffu is,” the SEC stated after trying to untangle the web of relationships between entities
SEC claims Ceffu wallet provider is 'Binance-related' in motion against BAM
18.9.2023
The securities regulator claims that "Ceffu" is a Binance entity and not merely a digital asset wallet provider
PolyNetwork hack victims can now file Metis claims
18.9.2023
Users who suffered losses as a result of the PolyNetwork hack can now settle their claims. Metis has announced that the claim-settlement mechanism is now live as of September 15, 2023, 1 p.m. UTC. The designated domain is redemption.metis.io. Metis is covering all the losses while attempting...
FTX Restores Full Access to Claims Portal After Cybersecurity Breach
17.9.2023
The portal allowing FTX customers to file claims with the bankrupt cryptocurrency exchange is again fully operational after a recent security incident. User accounts that were affected by the breach in August have been unfrozen, the failed crypto trading company announced. Crypto Exchange FTX...
FTX Claims Portal Back in Action After Cybersecurity Incident in August
17.9.2023
FTX has reopened its customer claims portal, unfreezing user accounts that were affected by a cybersecurity incident in August.
In a recent statement, FTX clarified that the freezing of customer accounts was a precautionary measure and emphasized that additional security measures have been...
Debunking Crypto Myths: An Analysis of Kenyan Interior Minister’s Crypto Activity and Terror Funding Argument
17.9.2023
Despite Kenyan Interior Minister Kithure Kindiki’s recent attempt to revive the old crypto terrorism funding narrative, evidence suggests that criminal elements primarily use conventional financial systems when transferring funds. Contrary to Kindiki’s claims, crypto transactions...
FTX bolsters claims portal security measures following cyber breach
17.9.2023
Following the cyber breach of non-sensitive data, bankrupt cryptocurrency exchange FTX has reactivated account access to its customer claims portal