FTX

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...

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...

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...

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...

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...

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...

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...

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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BlackRock’s Ethereum Staking ETF Debuts With $15.5M Volume

BlackRock's new staked Ethereum ETF, ETHB, launched with $15.5 million in trading volume, described as a "very, very solid"...

$50M AAVE Swap Yields $36K Despite Warning

A trader lost nearly $50 million on Thursday after swapping that amount of USDT for just 324 AAVE tokens...

Teamsters Threaten to Block Paramount-WBD Merger

The International Brotherhood of Teamsters opposes the Paramount Skydance-Warner Bros. Discovery merger without enforceable worker protections, calling on the...

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