FTX

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...

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...

Latest news

Polymarket, Kalshi Rivalry Expands to Perpetual Futures

Polymarket announced on Tuesday that perpetual futures trading with at least 10x leverage is coming to its platform.Chief rival...

Tesla California Q1 Registrations Fall 24%

Tesla's California vehicle registrations fell 24% year-over-year to 31,958 units in Q1, though its EV market share rose to...

Pornhub Drops USDT for USDC Stablecoin Payouts

Adult site Pornhub has stopped accepting Tether (USDT) for model payouts and switched to Circle's USDC stablecoin.The platform cited...