FTX Creditors to Receive Over $5B Starting May 30
The FTX Recovery Trust has announced it will begin disbursing more than $5 billion to creditors from May 30. This payment round marks the second distribution to eligible parties as…
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FTX Sues NFT Stars and Delysium Over Undelivered Tokens
FTX has initiated legal proceedings against NFT Stars Limited and Delysium, seeking to recover digital assets allegedly withheld from its estate. The lawsuits are the latest in its ongoing efforts…
FTX Founder SBF Moves to Calmer Terminal Island Facility After Notorious Victorville Stint
Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, has been transferred to a new federal prison following his stint in one of the country’s most notorious facilities. The 33-year-old,…
Disgraced FTX Founder SBF Transferred to Notorious Victorville Prison in California
Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, has been transferred to a federal prison in Victorville, California, according to updated information from the Federal Bureau of…
FTX Won’t Pay $2.5B in Customer Claims — Here’s Why
The bankruptcy estate of the defunct cryptocurrency exchange FTX has revealed that it will not be paying roughly $2.5 billion in claims to victims of its collapse as creditor repayments…
Important Crypto News From This Weekend That You Might Have Missed
This weekend, FTX revealed its plan to begin paying major creditors in 2025, with $11.4 billion in assets. Meanwhile, former BitMEX CEO Arthur Hayes, along with his co-founders, received pardons…
SBF’s Crisis Manager Resigns After Surprise Jailhouse Interview
Sam Bankman-Fried (SBF), the disgraced founder of cryptocurrency exchange FTX, has conducted a second interview from prison, once again drawing controversy and causing repercussions for his crisis management team. The…
Sam Bankman-Fried’s Legal Hail Mary: Denial, Deflection, and a Plea for Pardon
Sam Bankman-Fried, the once crypto wunderkind turned convicted fraudster, appears to have found a new investment thesis – hitching his legal fate to the political winds. After years of playing…
Bitcoin’s 7% Holder Losses Raise Bull Market Concerns, But History Suggests Otherwise
The cryptocurrency market experienced a significant selloff following US President Donald Trump’s announcement of new tariffs on imports from Canada and Mexico, along with threats of increased duties on goods…
Will Trump Pardon Sam Bankman-Fried? Parents Make a Direct Appeal (Report)
The parents of the disgraced FTX co-founder Sam Bankman-Fried are looking into options to obtain a pardon for their son from former US President Donald Trump, according to a Bloomberg…