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FTX

Bitcoin Leads $2B Crypto Liquidations; Losses Hit FTX-Era Levels

Over $2 billion in cryptocurrency positions were liquidated in a single day, one of the largest totals this year.Bitcoin accounted for over $1 billion...

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The bankruptcy estate of the now-defunct crypto exchange FTX has withdrawn its request to limit creditor payouts in certain foreign countries.This motion had aimed...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

Latest news

Bitcoin Loses Momentum After Fed Warning, Musk Predicts Boom

Bitcoin’s price has recently declined after a Federal Reserve warning, dropping from close to $100,000 to under $80,000.U.S. Securities...

Trump’s 2025 Strategy Highlights AI, Omits Crypto Innovation

Donald Trump advanced several pro-crypto policies since taking office in early 2024.The administration reversed prior crypto regulations, created a...

BRICS Bank Funds $39B Projects, Aims to End US Financial Hegemony

The New Development Bank has approved over $39 billion for 120 infrastructure projects in developing countries.Currently, about 20 projects...

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