FTX
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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...
News
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...
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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...
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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...
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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...
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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...
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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...
News
Three Arrows Capital Liquidators Win Approval to Increase FTX Claim to $1.53 Billion
3AC liquidators' claim against FTX increased from $120 million to $1.53 billion after court approval.Judge Dorsey ruled FTX caused delays by failing to promptly...
Latest news
Tech Giants Found AI Payment Protocol Group
The x402 Foundation launched on Thursday by the Linux Foundation to govern an AI payment protocol, backed by tech...
Elliptic Links $286M Drift Protocol Hack to North Korea
Elliptic attributes the $286 million exploit of Drift Protocol to actors linked to North Korea (DPRK), marking the 18th...
Coinbase Wins Trust Charter, Won’t Become A Bank
Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency to establish Coinbase National Trust...
