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FTX

FTX Drops Bid to Limit Creditor Payouts in Restricted Countries

The bankruptcy estate of the now-defunct crypto exchange FTX has withdrawn its request to limit creditor payouts in certain foreign countries.This motion had aimed...

Former FTX Exec Calls 1,001x Crypto Leverage “Irresponsible”

Former FTX US president Brett Harrison criticizes high leverage on volatile crypto assets as irresponsible.Harrison plans to launch a new perpetual futures exchange for...

FTX Sues Genesis Digital Assets for $1.15B Over Misused Funds

FTX's new management is suing Genesis Digital Assets for $1.15 billion. The lawsuit alleges ex-CEO Sam Bankman-Fried used customer funds to invest in the Bitcoin...

FTX Bankruptcy Estate to Distribute $1.6B to Creditors Sept. 30

FTX will distribute $1.6 billion to its creditors by the end of this month through its bankruptcy estate.This distribution is the third major payout...

FTX Customers Seek to Update Lawsuit, Allege Fenwick Key to Fraud

Former FTX customers are seeking to update their lawsuit against Fenwick & West, alleging the law firm played a crucial role in enabling the...

FTX to Begin $5B Repayments, Potential Boost for Crypto Markets

The FTX Recovery Trust will start distributing over $5 billion in cash and stablecoins to creditors on Friday.Recipients will receive their funds via BitGo...

FTX to Begin $11.4B Creditor Payouts as BitMEX Founders Receive Pardon

FTX plans to begin paying major creditors with claims over $50,000 on May 30, 2025, with $11.4 billion in available assets. Creditors are...

FTX to Begin Paying Major Creditors at End of May, Court Reveals

FTX plans to start paying major creditors on May 30, 2022, with $11.4 billion in cash ready for distribution.Smaller creditors with claims under $50,000...

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Citi Sees 17% Upside for Nvidia, Hikes Target Ahead of Earnings

Citi raised its price target for NVIDIA to $220 per share, a 17% increase from the previous close, and...

Argentine Judge Freezes Hayden Davis’s Crypto Assets in LIBRA Case

An Argentinian judge has frozen assets linked to Hayden Davis and two cryptocurrency intermediaries connected to the LIBRA token.The...

BitMine Buys 110K ETH, Boosts Treasury to 3.5M Tokens

BitMine Immersion Technologies increased its Ethereum holdings by over 110,000 tokens last week.The company's total ETH tokens now exceed...

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