FTX

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...

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%...

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...

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

Strategy may create $30B digital credit via preferred shares

Strategy executive chairman Michael Saylor says the company has the capacity to generate up to $30 billion in digital...

Binance hack may involve signing manipulation, not key leak

Blockaid suspects the Binance hack involved signing infrastructure compromise rather than private key theftAttackers used EIP-7702 authorization delegation to...

Binance Probes $5.57B Crypto Breach, Biggest Ever

At least $5.57 billion in crypto exited Binance-linked wallets on Ethereum, Bitcoin, and Tron on Thursday, with Binance confirming...