FTX and Alameda Continue SOL Offload With $45M Redemption
TL;DR FTX and Alameda have redeemed 192,000 SOL, valued at nearly $45 million, continuing their steady liquidation of Solana assets. Despite these sales, over 4.18 million
FTX Exchange (Latest Publications)
Backpack Presents Fee-Free Platform to Help FTX Creditors Recover Losses
TL;DR Backpack has launched a non-profit, fee-free platform designed to help former FTX creditors liquidate their bankruptcy claims with zero commissions. This move has fueled optimism
Binance Denies Role in FTX Collapse, Seeks Dismissal of $1.76B Lawsuit
TL;DR Vigorous Legal Defense: Binance seeks dismissal of a $1.76 billion lawsuit by the FTX estate, vehemently denying any role in FTX’s collapse. Attributing Collapse to
FTX’s $5B Creditor Repayment Starts May 30—Here’s Who Benefits
TL;DR FTX, the now-defunct cryptocurrency platform, will start the second payout phase of its bankruptcy repayment plan on May 30, distributing over $5 billion. Creditors will
FTX Creditors Take a Hit as Court Grants 3AC’s Billion-Dollar Claim
TL;dR A bankruptcy court in the U.S. approved the expansion of Three Arrows Capital’s (3AC) claim against FTX, increasing the amount from $120 million to $1.53
SBF’s Prison Interview: FTX Had Enough to Pay Everyone, Bankruptcy Was a Mistake
TL;DR Sam Bankman-Fried claims that FTX had enough funds to pay all customers and that its bankruptcy was a mistake driven by external factors. According to
FTX Begins Distributing Funds to First Group of Creditors
TL;DR FTX Digital Markets will start returning funds to its creditors on February 18. This first phase of the repayment process includes payments to users with
FTX Creditor Group Announces $1.2 Billion Repayment Rollout Starting January
TL;DR FTX will start distributing over $1.2 billion in repayments to creditors from January 2025, more than two years after its bankruptcy. The initial distribution will
Celsius vs. FTX: $444M Lawsuit Escalates with New Appeal
TL;DR Celsius appealed a court decision that rejected its $444 million claim against FTX, part of its ongoing bankruptcy proceedings. The legal battle began in early
U.S. Government Moves $33.6M in Seized FTX Crypto—Where Did It Go?
TL;DR The U.S. government transferred $33.6 million in seized FTX crypto assets to two unidentified addresses, including 5,024 ether and $13.5 million in Binance USD. The
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