FTX
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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...
News
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...
News
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...
News
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...
News
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...
News
FTX Sues Binance to Recover $1.76B in ‘Fraudulent’ Fund Transfers
FTX files lawsuit against Binance and CZ seeking $1.76 billion in allegedly fraudulent transfers from 2021
The lawsuit stems from Binance's exit from its 20%...
News
FTX Sues Binance and CZ to Recover $1.8B in Allegedly Fraudulent Share Deal
FTX sues Binance and CZ for $1.8 billion over a 2021 share repurchase deal
CZ bought 20% of FTX for $80 million in 2019, sold...
News
California Permanently Revokes BlockFi’s Lending License After FTX Collapse
California's DFPI permanently revokes BlockFi's lending license following its 2022 bankruptcy
BlockFi's collapse was partially triggered by a $400 million credit line extended to FTX
The...
Latest news
Microsoft to double data center footprint, proposes Michigan
Microsoft plans a new data center on a 237-acre site in Lowell Township, Michigan to support AI infrastructure growth.Microsoft...
Wall Street, Crypto Hold Private Talks Ahead of Senate Vote.
A private meeting took place Thursday between Wall Street and crypto groups to resolve disputes over the Senate’s crypto...
Britain Considers Ban on Musk’s X After Grok AI Scandal Now.
British officials are weighing a ban on access to X amid safety concerns over its AI chatbot, Grok.Keir Starmer...
