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FTX Recovery Trust filed a Delaware adversary complaint seeking to claw back $1.15 billion from Genesis Digital Assets and affiliates, alleging Alameda-funded investments were fraudulent transfers financed with commingled customer…
FTX’s bankruptcy estate will ship another $1.6 billion to creditors in a third distribution, turning the long unwind into a steady drip of real money at last. Creditor Glow-up Continues:…
Over the past few years, a wave of digital asset firms collapsed for a mix of reasons—some dragged down by earlier disasters like the FTX and Terraform Labs fiascos. Here’s…
Crypto market capitulation refers to a point of extreme selling pressure when investors panic and sell off assets, often marking the bottom of a market cycle.
On Friday, the estate managing the collapsed crypto exchange FTX announced that its recovery trust had begun disbursing over $5 billion tied to both convenience and non-convenience class claims. As…
Netflix will release a limited series dramatizing the rise and fall of cryptocurrency exchange FTX and its leaders, Sam Bankman-Fried (SBF) and Caroline Ellison. ‘The Altruists’ to Explore $8B FTX…
Former FTX CEO Sam Bankman-Fried has been sentenced to 25 years in prison for his role in a fraud scheme involving the misappropriation of customer funds to his hedge fund,…
The FTX Recovery Trust explained on Thursday that it will distribute more than $5 billion to creditors starting May 30, 2025, as part of its court-approved Chapter 11 bankruptcy reorganization…
The FTX Estate has initiated legal action against NFT Stars Limited and Kurosemi Inc., accusing them of failing to deliver contractually owed tokens. FTX Still Open to Engagement The entity…
The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity pool amassed since its 2022 downfall, Bloomberg revealed this…