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FTX

FTX Creditor Repayments Within Two Years Deemed “Win” by Trader Who Predicted Collapse

Crypto analyst who predicted FTX's downfall views the two-year timeline for creditor repayments as unexpectedly swift given the complexity of the case.Under FTX's recovery...

FTX Bankruptcy Estate Begins Long-Awaited Repayments to Investors

FTX bankruptcy repayments have commenced, marking a turning point in crypto market sentiment. Bitcoin's $100,000 price level and increased institutional adoption signal mainstream acceptance. Recent incidents...

Jailed FTX Founder SBF Shifts Political Stance, Seeks Trump Pardon While Serving 25-Year Sentence

Former FTX CEO shifts political alignment toward conservatives while serving 25-year sentence, potentially seeking presidential pardon. Bankman-Fried expresses disappointment with Biden administration and judicial system...

FTX Begins Paying Small Creditors with 9% Interest Since 2022 Collapse

FTX creditors with claims under $50,000 are receiving payments plus 9% annual interest since November 2022. Distributions are being processed through cryptocurrency exchanges Kraken and...

AI-Powered Scammer Steals Millions in FTX Claims Using Deepfake Video Calls

AI-powered shapeshifting scammer allegedly defrauded multiple companies of $5.6 million through fake FTX liquidation claims. Fraudster utilized face-swapping technology during video calls to impersonate legitimate...

FTX Set to Begin $50,000-Cap Repayments as Restructuring Plan Takes Hold

FTX bankruptcy reorganization plan activated on January 3, 2024, initiating user fund repayments. Users with claims under $50,000 may receive compensation within 60 days. Official claims...

Tether’s Market Cap Sees Steepest Weekly Drop Since FTX Crash Amid EU Regulatory Pressure

Tether's USDT market value decreased by over 1% to $137.24 billion, marking the largest weekly decline since November 2022. European Union exchanges and Coinbase removed...

FTX Token Surges 40% Before Pudgy Penguins’ PENGU Allocation News

Pudgy Penguins allocates 0.35% of PENGU tokens to FTX's FTT token holders. PENGU's total supply is 88 billion tokens with 17.8% for team, 25.9% for...

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Zelle Launches Cross-Border Payments Using Stablecoin Tech

Zelle is launching a new cross-border payment service powered by stablecoins.The service will be available on equal terms to...

US-China Trade Deal, CZ Pardon, Kyrgyzstan Launches Stablecoin

Scott Bessent, U.S. Treasury Secretary, announced progress on a trade deal framework between the U.S. and China.The framework could...

North Korea Steals $2.84B in Crypto Amid Growing Cyber Threats

North Korea has stolen $2.84 billion in cryptocurrency during 2024.The country runs a large, sophisticated Hacking program comparable to...

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