FTX
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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...
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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...
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Sam Bankman-Fried Appears on Tucker Carlson Show, Following His Post-FTX Collapse Strategy
Former FTX CEO Sam Bankman-Fried appears to be following a previously documented strategic plan from 2022 that included "coming out as Republican" and appearing...
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Crypto Market Hit by Record $19B Liquidation, $65B Interest Wiped Out
A record $19 billion in crypto assets were liquidated during the market crash on October 10.The event led to...
Morgan Stanley Turns Bearish, Sees S&P 500 Drop Amid Tensions
Morgan Stanley shifts to a bearish outlook on the S&P 500 following last week’s sharp market decline.
The S&P 500...
Expert: Musk’s New $1T Pay Plan Focuses on Real Value for Tesla
Tesla proposed a new compensation plan for Elon Musk, tied solely to achieving set milestones and value creation.The package...